Bitcoin News

First Mover Americas: BTC Down 40% in June; SEC Rejects Grayscale’s BTC ETF Application
The latest moves in crypto markets in context for June 30, 2022.

Facts or Feelings? Bitcoin Allocation Makes Sense Even in Nasty Bear Markets
If you run the numbers, bitcoin still belongs in a financial advisor’s investment toolbox.

Banks’ Bitcoin Holdings Should Be Capped, Basel Committee Proposes
Holdings of unbacked crypto like bitcoin and algorithmic stablecoins would be limited to 1% of a lender’s capital under the standard setter's new plans put out for consultation Thursday.

Bitcoin Drops to Nearly $19K as Fed Renews Inflation Warnings
Central bank leaders warned Wednesday that inflation is going to last longer than some estimated.

First Mover Asia: How Traders Are Shorting Tether Stablecoins; Bitcoin Falls but Holds Above $20K
Hedge funds are increasingly betting against USDT in anticipation of it losing value amid concerns about the coin’s reserve backing and systemic risks; ether drops.

Market Wrap: Bear Market Guides in Vogue as Bitcoin Drops for Fourth Straight Day
BTC was sliding toward $20,000 on Wednesday, as the Bankless newsletter offers mental health tips for surviving a crypto winter.

Bitcoin Falls to Last Week’s Support Level
Bitcoin dipped below the $20,000 mark as the S&P 500 fell more than 20% from its December 2021 peak, indicating bear markets in both crypto and traditional finance. Crypto research firm FundStrat said BTC could weaken down to test June lows below $18,000 and potentially below $13,000.

Bitcoin Hovers Around $20K Level
TheoTrade co-founder Don Kaufman shares his bitcoin price analysis, noting that despite a decline in trading volume amid the bear market, bitcoin is still holding onto the $20,000 level, saying it’s “the bright side of the bearishness.” Plus, a discussion about DeFi regulation and MicroStrategy’s recent $10 million BTC purchase.

First Mover Americas: BTC Dips; 3AC Liquidation Reportedly Ordered by BVI Court
The latest moves in crypto markets in context for June 29, 2022.


