Bitcoin News
Market Wrap: Bitcoin Rallies as Crypto Holders Accumulate
Crypto prices are rising after the Luna Foundation Guard purchased $1 billion worth of BTC.
Abra CEO on Why He Thinks ETH Will Eventually Overtake BTC
Abra CEO Bill Barhydt explains why ether could overtake bitcoin following its upgrade to a proof-of-stake mechanism, highlighting the many use cases for the Ethereum network, ranging from NFTs to DeFi applications. Plus, a conversation about crypto leaving centralized exchanges and Abra’s digital asset lending programs.
Bitcoin Eyes Next Resistance Level at $53K
Traders are calling for an extended move to the higher side as bitcoin breaks above $47,000. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day as analysts suggest a triangle breakout could open up upside toward resistance at $53,000.
What’s Driving Bitcoin’s Climb to Nearly $50K?
Josh Olszewicz of Valkyrie discusses several possible catalysts for BTC’s climb above $47,000, noting Terra’s $135 million in bitcoin purchase to back its stablecoin. Plus, a discussion about bitcoin’s price correlation with the S&P 500 index.
Crypto Funds See Largest Inflows Since Mid-December
After two straight weeks of outflows, $193 million flowed into crypto funds in the seven days through March 25.
Bitcoin Breaks Above $46K, Resistance at $48K-$51K
Momentum turned positive for the first time since July, although a significant price rally could be delayed.
Ukraine’s NFT Museum; Bitcoin on the Up
Ukraine’s NFT-based “Meta History Museum of War” chronicling Russian conflict goes live. China’s Greenland Group plans cross-border carbon credit trading. Bitcoin crosses $47,000-mark as crypto blazes Monday’s market. Mt. Gox Co-Founder Mark Karpeles talks learning from mistakes and plans for the future.
BTC Breaks $47K as Russia-Ukraine War Continues
Noelle Acheson, Genesis Global Trading head of market insights, discusses the recent upswing in the crypto markets, possibly driven by the Luna Foundation Guard’s heavy BTC purchases in the open market.
Bitcoin Miner Iris Energy Gets $71M Equipment Financing From NYDIG
The financing is backed by 19,800 Bitmain S19j Pro miners that have hashrate of about 1.98 exahash per second.
