Bitcoin News

Bitcoin News

Markets

Bitcoin Oversold, Resistance at $33K-$35K

BTC is on track for its first consecutive seven-week decline.

Bitcoin's weekly price chart shows support/resistance with the RSI on the bottom. (Damanick Dantes/CoinDesk, TradingView)

Markets

Grayscale Bitcoin Trust Discount Widens to All-Time Low of 30.79%

The fund is one of the few ways for stock traders in the U.S. to gain exposure to the price movements of bitcoin.

The GBTC discount has widened to a record. (YCharts)

Markets

Cardano’s ADA Jumps 40% to Lead Recovery in Major Cryptos, Sentiment Remains in 'Extreme Fear'

Crypto market cap rose more than 13% in the past 24 hours even though inflation concerns persist.

Oso contra toro. (Getty)

Markets

Crypto-Related Stocks in Asia See Volatile Trading Amid Bitcoin Recovery

Traditional market investors risked off publicly traded companies related to the crypto sector amid a drop in prices this week.

(Pixabay, modified by CoinDesk)

Markets

First Mover Asia: Terra’s Planetary Collapse Is Taking Down Crypto Lending, Altcoins Plummet

Data suggests that many traders are moving their assets from DeFi platforms; bitcoin rallies after falling below $26,000 in Thursday trading.

DeFi risk concept crocodile (Getty)

Markets

Market Wrap: Bitcoin Stabilizes as Altcoins Underperform; Expect More Volatility

Analysts expect greater price swings because of macroeconomic risks and ongoing stablecoin woes.

Volatility ahead (Matt Hardy/Unsplash)

Finance

Bill Miller Sold Some of His Bitcoin to Meet Margin Calls

The longtime bitcoin bull remains so, reminding that he has held the crypto through three 80% drawdowns.

Bill Miller, chairman and chief investment officer of Legg Mason Inc., speaks at the Morningstar Investment Conference in Chicago, Illinois, U.S., on Friday, June 25, 2010. Miller said the U.S. stock market, which has dropped 12 percent from its April high on concerns Europe's debt crisis may spread, will rise after the region's banks complete stress tests. Photographer: Tim Boyle/Bloomberg via Getty Images