Bitcoin News

Bitcoin Primed to Rally to $56K as Nasdaq Breaks Out of Bull Flag, Chart Analyst Says
The analyst, who correctly predicted the late 2020 bull run, said 2023 could be a surprisingly good year for both crypto and equities.

Short Trades Make up 90% of $200M in Losses as Bitcoin, Ether Surge
Bitcoin futures saw some $85 million in losses alone, data shows.

First Mover Asia: Bitcoin Rockets Past $24.7K to Hit 6-Month High
ALSO: Shaurya Malwa considers a 24-hour surge in trading volume for BLUR, the token of the NFT marketplace Blur, following an airdrop.

Bitcoin Soars Past $24K to Reach 2-Week High
Investors liquidated some $60 million of BTC short positions over the past 24 hours, pushing the price higher Wednesday, data shows. Ether also climbed.

The SEC Is Taking Aim at Paxos and (Annoyingly) It’s Good for Bitcoin
While the largest cryptocurrency has not been a direct focus for regulators, bitcoiners should not become cheerleaders.

First Mover Americas: Lido DAO’s Governance Token Jumps 17%
The latest price moves in crypto markets in context for Feb. 15, 2023.

El Salvador Plans to Open 'Bitcoin Embassy' in Texas
The Central American country wishes to open a bitcoin embassy in "new ally" Texas, Mayorga said on Twitter, to aid "expansion of commercial and economic exchange projects."

Explaining the Disconnect Between Bitcoin and Treasury Yields Post-US Inflation Data
Bitcoin and technology stocks rose Tuesday even as a hotter-than-expected U.S. CPI figure revived Fed angst and lifted Treasury yields.

EU Banks Told by Regulator to Apply Bitcoin Caps Even Before They Become Law
The European Central Bank, which supervises big euro area lenders, said crypto should be treated as a risky asset.

DBS Says Bitcoin Trading up 80% in 2022 on DDex Exchange
DBS’ crypto exchange, which is not open to retail traders, currently allows for bitcoin, ether, XRP, bitcoin cash, DOT and ADA trading.

