Bitcoin News
Crypto Market Near-Term Upside Is Likely Capped: Bank of America
The bank expects digital asset trading volumes to remain subdued, with retail investors remaining on the sidelines.
First Mover Asia: Bitcoin Holds Steady Near $27K as Investors Weigh Debt Ceiling Developments
ALSO: CoinDesk's former head of research writes that despite government efforts in such large, emerging countries as Pakistan and Nigeria to curb crypto activity, citizens there seem to be turning to digital assets as a hedge.
In NFT Sales, Bitcoin Jumps to No. 2 Spot in a Matter of Months
According to data platform CryptoSlam, NFTs on Bitcoin have grossed about $167 million in the past thirty days, creeping up on Ethereum’s number one position.
Bitcoin Spurs 5th Consecutive Week of Outflows at Crypto Investment Funds: CoinShares
The outflows totaled $32 million last week, pushing total during the streak to $232 million.
Celebrating Bitcoin Pizza Day: the Time a Bitcoin User Bought 2 Pizzas for 10,000 BTC
Laszlo Hanyecz did not spend $270 million buying Papa Johns, CoinDesk's George Kaloudis writes.
U.S. Debt Deal Could Weigh On Bitcoin Price, Some Say
The Treasury's efforts to build back cash balances after resolution of the debt limit situation might suck out dollar liquidity from system, pushing bitcoin lower.
First Mover Americas: Bitcoin Price Edges Lower, Tron Rallies
The latest price moves in crypto markets in context for May 22, 2023.
Bitcoin's Trading Range Narrows to Tightest in Months
Tighter price ranges result from markets running into competing influences. Eventually, some narratives take the back seat, paving the way for a volatility explosion.
First Mover Asia: Will Bitcoin Soon Begin a Retest of 30K?
ALSO: Crypto companies and trade organization are spending a fraction of the amount that other industries are allocating for lobbying. That may change.
