Bitcoin News

Consumers Are Holding Back: Arca Portfolio Manager
"There's more dollars in savings accounts than ever before from the consumer perspective," says Arca Portfolio Manager David Nage. He shares his markets analysis as bitcoin (BTC) gains momentum.

First Mover Americas: Bitcoin Busts Past $20K on Hopes of Fed Pivot
The latest price moves in crypto markets in context for Oct. 4, 2022.

Barclays Remains Positive on Bitcoin, Sees Miner Core Scientific as ‘Best-In-Class Leverage Play’
Barclays initiates coverage of the bitcoin miner with buy-equivalent rating.

Bitcoin Gains Momentum on Fed Pivot Narrative, but Some Banks Anticipate Dollar Rebound
Bitcoin rose above $20,000 soon before press time, extending Monday's "ISM-induced" gains as dollar continued to lose ground.

Shares in Grayscale's Bitcoin Trust Trade at 36% Discount to Fund's NAV
The shares first slipped into the discount category in February 2021 primarily due to alternatives like ETFs becoming available in Canada and Europe.

First Mover Asia: Bitcoin Climbs Back Past $19.5K Amid Fresh Hopes for a Fed Retreat; Binance's Failed Plan to Boost the Price of Luna Classic
The largest cryptocurrency by market capitalization and ether both spent much of Monday in the green.

Market Wrap: Bitcoin and Ether Kick Off Week in Positive Territory
“Whale” investors moved a large amount of bitcoin off exchanges, which is often a bullish signal, showing investors are more interested in holding on to their bitcoin.

Grayscale Takes Over Key Role for Bitcoin Trust from Genesis; UN Agency Recession Risk Warning
A United Nations agency said Monday the Fed and other central banks risk pushing the global economy into recession if officials keep raising interest rates. Plus, Grayscale Investments, which offers the world’s biggest bitcoin (BTC) trust, is bringing a key administrative role for all of its products in-house through a newly created broker-dealer unit.

Bitcoin Sees No October Rise Just Yet
Bitcoin started what has historically been a strong month about where it ended a dismal September, holding over $19K. The market is exhibiting a downtrend, followed by temporary consolidation, with an extended drop yet to come. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Bitcoin Remains Above $19K as Long-Term Holders Stay the Course
TheoTrade Co-founder Don Kaufman discusses his outlook for bitcoin (BTC) as the cryptocurrency remains above $19,000 and long-term holders stay the course, helping BTC to remain resilient as other risky assets fall.

