Bitcoin News

Lightning Data Analytics Firm Amboss Launches New ‘Liner’ Index for Bitcoin Yield
The company says the new index dubbed Lightning Network Rate (Liner) could be like Bitcoin’s version of the London Interbank Offered Rate (Libor), a global reference rate for loans. Liner complements Magma, the Lightning liquidity marketplace launched by Amboss last year.

First Mover Americas: Crypto Markets Stay Down Following SEC Suing Binance
The latest price moves in crypto markets in context for June 6, 2023.

Bitcoin Saw Heavy Profit Taking in May: Goldman Sachs
The amount of bitcoin held on exchanges fell 12%, while ether supply saw a slight gain, the report said.

First Mover Asia: Why Did Bitcoin Fall to $25.4K? SEC Lawsuit Against Binance Rocks Crypto Markets
ALSO: Lido’s stETH token has become the seventh largest token by market cap, right ahead of Cardano and just behind XRP, according to data from CoinGecko.

First Mover Americas: Is Bitcoin Heading Below $26K?
The latest price moves in crypto markets in context for June 5, 2023.

Bitcoin Retail Demand to Remain Strong Ahead of Halving Event: JPMorgan
The event will double the bitcoin production cost to around $40,000, creating a positive psychological effect, the report said.

First Mover Asia: Why Did Bitcoin's Price Hold Above $27K Over the Weekend? Two Analysts Expect Continued Resilience
ALSO: The bitcoin options put/call ratio across exchanges has sunk to 0.47, suggesting that fewer investors are seeking downside protection against price declines than they had prior to the passage of a bill to raise the U.S. debt ceiling.



