Bitcoin News

Bitcoin News

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Bitcoin Slips Under $42K While Active Supply Reaches Yearly High

The cryptocurrency is approaching $41,000, although one analyst says geopolitical tensions could fuel a run to over $50,000.

Bitcoin fell from resistance earlier this week but saw support at the $41,000 level. (TradingView)

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Bitcoin Drops for Third Straight Day as Dollar Hits 21-Month High, US Wages Eyed

A continued uptick in wages would imply more inflation and strengthen the case for rate hikes by the Fed.

Bitcoin's price drops for third straight day. (CoinDesk, Highcharts.com)

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First Mover Asia: China to Widen Test of Digital Yuan as Russia Invasion Spotlights Crypto’s Potential Role; Cryptos Decline

The country is close to approving trials of the central bank digital currency in a number of cities and regions; bitcoin and ether drop as risk-on appetite fades.

Ukraine's Ministry of Digital Transformation wants crypto exchanges to block Russian users. (Lucy Shires/Getty)

Video

Stablecoin Supply Ratio Rises Alongside Crypto Prices

In today’s “Chart of the Day” segment, Christine Lee presents a chart illustrating the stablecoin supply ratio (SSR), which has risen over the past week alongside crypto prices. Questions arise about whether traders will choose to hold their stablecoins or bitcoin, and how these decisions can affect price shifts.

CoinDesk placeholder image

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Market Wrap: Bitcoin Drifts Lower, Although Analysts Expect Bearish Sentiment to Fade

BTC was down 4% over the past 24 hours as geopolitical risks intensified.

Volatility fades. (meriç tuna/Unsplash)

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Bitcoin Analysts Ponder Impact as Oil at Highest Price Since 2008

The Russia-Ukraine conflict has sent crude oil to over $115 a barrel. Here's what the latest surge might mean for the bitcoin market.

(Nikom Khotjan/Moment/Getty Images)

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Bitcoin Takes a Breather; Support at $37K-$40K

Intraday charts show downside exhaustion, which could encourage short-term buying.

Bitcoin's daily chart shows support/resistance levels. (Damanick Dantes/CoinDesk, TradingView)

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Bitcoin: ruptura de la nube de Ichimoku permitiría continuación de tendencia alcista

Mientras que este fenómeno apunta a más ganancias por delante, el aumento del riesgo geopolítico requiere un stop loss estricto en todas las posiciones de criptomonedas, dijo un observador.

Bitcoin mira hacia el norte después de una ruptura en los gráficos técnicos. (Pixabay)

Keuangan

Swiss City of Lugano to Make Bitcoin and Tether 'De Facto' Legal Tender

The municipality wants businesses to accept crypto in everyday transactions.

(Bloomberg Finance LP)

Video

BTC’s ‘Correctional’ Phase Coming to an End as Price Eyes $45K?

Timothy Brackett, CEO of The Markets Compass, joins “First Mover” to provide technical analysis as bitcoin eyes $45K. Brackett is optimistic about the future for bitcoin's price, explaining why he believes the “correctional” phase is coming to a close using indicators such as the Fisher Transform.

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