Bitcoin News

Bitcoin News

Markets

Crypto Observers Look to Treasury Yields for Cues as Bitcoin Remains Comatose

BTC may struggle to maintain current valuations if the U.S. government bond yields extend the February rally, one trading firm said, although the yields have started to pull back.

(Asa E-K/Unsplash)

Markets

Ether Call Options Look Attractive Relative to Bitcoin as Volatility Spread Dwindles: Matrixport

The crypto services provider suggests collecting a premium by selling bitcoin call options and using the same to fund the purchase of ether calls.

(sergeitokmakov/Pixabay)

Markets

First Mover Asia: Filecoin Struggles Amid China Exposure, Cost of Subsidy Concerns

A large footprint in China, which creates skepticism about data safety, and a heavy subsidy spend means Filecoin needs more than a token rally to be sustainable; bitcoin holds steady at $22.4K.

Evento de Filecoin Foundation en Singapur. (fil.org)

Web3

Yuga Labs' Bitcoin NFT Collection Fetches Top Bid of Nearly $160K

The company behind Bored Ape Yacht Club generated $16.5 million from its auction of 288 NFTs in its TwelveFold collection based on the Ordinals protocol.

TwelveFold (Yuga Labs)

Markets

Bitcoin Continues Trading Sideways at $22.4K as Silvergate Concerns Mount

BTC has traded in a narrow range since it dropped sharply last Thursday because Silvergate’s woes have grown increasingly apparent.

Stable Stability Balance (Unsplash)

Opinion

Bitcoin Mining Is Good for the Energy Grid and Good for the Environment

Bitcoin mining should be hailed as an effective tool for a lower emissions future, not demonized as a monkey wrench in the works.

(Anders j/Unsplash)

Markets

Bitcoin, Ether Start the Week Slowly, With Fed’s Powell Testimony Looming

Cryptos’ declines last week appear to be a re-pricing of risk rather than an exit from the space.

(Pavlenko/Unsplash)

Markets

First Mover Americas: Bitcoin Flat as Crypto Winter Deepens

The latest price moves in crypto markets in context for March 6, 2023.

(Monicore/Pixabay)

Markets

Does Bitcoin's Weekly Death Cross Pattern Call for Caution?

The death cross formed on the weekly time frame makes for a cautious view of the near-term outlook, one observer said, while another called it a nonevent.

Gráfico semanal de bitcoin mostrando la cruz de la muerte.

Markets

First Mover Asia: Bitcoin Is Stuck Between Silvergate and China

The largest crypto by market value hovers above $22.4K as investors mull Silvergate's troubles and anticipate likely encouraging economic data from China. ALSO: CoinDesk columnist David Z. Morris considered the gathering of Etherians at ETHDenver, all working together to build.

Shanghái, China. (Edward He/Unsplash)