Bitcoin News

Blockchain-Based Render Network's Token Tracks Tech Stocks as Broader Crypto Market Decouples
RNDR has been a good high beta Nasdaq play in recent weeks, one portfolio manager noted.

Bitcoin Headed for First Monthly Loss in 6 Months
The liquidate wave from the narrative of lower inflation has now run its course and the market needs a new driver and theme to lift prices higher, one observer said.

First Mover Asia: Does Crypto’s Success Depend on the Upcoming Presidential Election?
ALSO: The Commitment of Traders report shows that asset managers have increased their open long positions in bitcoin after falling in the two prior weeks.

Bitcoin's Short-Term Holders Are Again Selling at Profit
Short-term holders' renewed profitability is a positive signal for near-term price action, according to on observer.

First Mover Asia: Bitcoin Rises Past $28K on Debt Ceiling Deal
ALSO: A Chinese governmental agency released a paper over the weekend that outlined suggestions for China's Web3 policy, but it didn't broach must new ground. Still, the paper represented progress for a country that is keen to write the next generation of technology standards

Bitcoin Moves Little on the Week Despite Debt Deal, Inflation Concerns
Bitcoin trades flat to move one step closer to logging its first losing month of 2023. Ether rises slightly but also seems headed for a negative May.

Exploring Crypto's Relationship With Economic News
Crypto markets reacted tepidly to solid economic data, a potential sign that good-economic-news-equals-bad-news for digital asset prices narrative is beginning to shift. "The Hash" panel discusses the changing narrative around bitcoin’s connection to economic growth and the implications for global finance.


