Bitcoin News

Bitcoin Drops to $29K in Sudden Sell-Off
The slide – which followed a huge market sell order at Binance – flushed millions of dollars' worth of futures positions.

MicroStrategy’s Bitcoin Holding Doesn’t Necessarily Pose a Concentration Risk: Bernstein
Rising bitcoin prices mean a stronger balance sheet, higher stock prices and easier debt repayment, without the company needing to sell its holdings, the report said.

First Mover Asia: Bitcoin Rally Stalls Above $30K; Ether Hits $2.1K
ALSO: Former CoinDesk head of research Noelle Acheson writes that longer-term narratives such as bitcoin's recent store-of-value story matter but that price depends more on fleeting, often fickle sentiment.

Bitcoin’s 'Store-of-Value' Narrative Is Real but Not a Price Mover
Longer-term narratives matter, argues Noelle Acheson, but they don’t set the price. That is set by short-term sentiment, which is both contagious and fickle.

Bitcoin Financial Services Firm Unchained Capital Raises $60M
The Series B funding comes about five months after the company cut 15% of its staff amid the pressures of the prolonged crypto bear market.

First Mover Americas: Bitcoin Regains $30K as Alts Heat Up
The latest price moves in crypto markets in context for April 18, 2023.

Lesser-Known Bitcoin Indicator Signals Onset of Major Bull Run
The "reserve-risk" indicator has been historically reliable.

The Biggest Crypto Bull Cycle Is Upon Us: Bernstein
Macro catalysts are lining up for bitcoin, a new report from the brokerage firm said.

First Mover Asia: Bitcoin Below $29.5K as Appeal of Riskier Assets Lessens
ALSO: CoinDesk's Consensus Magazine unveils its latest special project, spotlighting 19 blockchain, crypto and Web3 projects to watch in 2023.

Bitcoin Surge Parallels Price Movement in 2019: Analyst
Vetle Lunde, who last week predicted bitcoin would reach $45,000 in May, said markets seem to have stabilized as “rotten fruits” have been washed out of the industry.

