Bitcoin News

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.

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.

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.

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.

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.

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.

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.

First Mover Americas: Bitcoin Flat as Crypto Winter Deepens
The latest price moves in crypto markets in context for March 6, 2023.

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.

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.

