Bitcoin News

Bitcoin News

Markets

January rally bolsters near-term outlook for bitcoin mining stocks, JPMorgan says

Shares of mining companies rose last month despite softer bitcoin prices as storms cut the network hashrate and AI optimism grew, the bank said.

Racks of mining machines.

Markets

Bitcoin nears pre-election floor as ETF flows stall, Citi says

The cryptocurrency is trading below key ETF cost levels and nearing its pre-election price floor as inflows to these vehicles fade and headwinds build, the bank said.

Bitcoin (TheDigitalArtist/Pixabay, modified by CoinDesk)

Markets

Bitcoin’s thinnest price zone hints at extended stay between $70,000 and $80,000

Limited historical trading activity and thin onchain supply suggest further consolidation or a retest of the lower range.

BTC URPD: (Glassnode)

Markets

This onchain metric has identified the Bitcoin bottom every cycle

Convergence between bitcoin supply in profit and supply in loss has repeatedly coincided with major market lows.

BTC: Profit vs Loss SUpply (Glassnode)

Markets

Bitcoin's 'RSI' screams oversold. Here is what it means

Bitcoin's relative strength index has fallen below 30, signaling oversold conditions as the cryptocurrency trades near a key $73,000 to $75,000 support zone.

AI trading screens. (TheDigitalArtist/Pixabay)

Markets

ETF that feasts on carnage in bitcoin-holder Strategy hits record high

Leveraged anti-strategy ETFs are booming as shares in the bitcoin holder slide.

water image of crystal ball. (Benfe/Pixabay)

Markets

Crypto pulls out of free fall as government shutdown ends

An unrelenting plunge in crypto prices on Tuesday has paused after the U.S. House very narrowly passed a funding package that will now head to the president's desk for signature.

Rollercoaster

Markets

Galaxy CEO Mike Novogratz doesn't see quantum as big threat for bitcoin

CEO Mike Novogratz said that the profit-taking trend among early bitcoin adopters is real, indicating weakening conviction in the "HODLing" philosophy.

Galaxy founder Mike Novogratz (Shutterstock)

Markets

Bitcoin nears weekend low of $74,600 as stock selloff adds to crypto's woes

Major declines in artificial-intelligence-linked stocks, software names and private equity are leading U.S. indices lower.

Trader with head in hand on a leather sofa, conveying market stress

Markets

Bitcoin will 'massively' outperform gold over 10 years, says Pantera's Dan Morehead

“I think crypto starts to become invisibly more part of everyone's lives," said Tom Lee — the two appeared on a panel together Tuesday morning at the Ondo Summit in New York.

Consensus 2025: Dan Morehead, Founder & CEO, Pantera Capital