Bitcoin News

Bitcoin Loses Bullish Trendline as Fed Sees Restrictive Rates Needed for Some Time
Increasing and elevated rates are headwinds for bitcoin, one researcher said.

Bitcoin Mining Rig Maker Canaan Sees 'Prolonged Headwinds' After Challenging Quarter
CEO Nangeng Zhang cited a slumping bitcoin price and COVID-19 lockdowns in China.

First Mover Asia: Celsius Token Price Rise Pegged to Market Dynamics Rather Than Fundamentals; BTC Retreats Again
The price of the troubled crypto lending platform's CEL has been rising, to many observers' puzzlement; ether falls.

Market Wrap: Bitcoin, Ether Prices Slide for Fourth Consecutive Day
Traditional markets were mixed on sluggish July U.S. retail sales.

Why Bitcoin Traders Should Care About Double-Digit Inflation in UK
The Bank of England may raise interest rates more aggressively, which could result in a weaker dollar and higher prices in the U.S.

Bitcoin, Ether Drop as Analysts Fear Fed Minutes Will Dash Hopes for 2023 Easing
Risk assets recently rallied in hopes that inflation has peaked and the Fed would cut interest rates next year. The central bank's monetary tightening has roiled cryptocurrencies.

First Mover Americas: Bitcoin Lower as US Futures Slide; Ether Continues to Steal Crypto Market Share
The latest price moves in crypto markets in context for Aug. 17, 2022.

First Mover Asia: Crypto Can’t Shake the Correlation Narrative; BTC, ETH Sink but Meme Coins Rise
The CEO of options trading platform Tastyworks sees cryptos rebounding only when equities are also rallying.



