Bitcoin News

Bitcoin News

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Bitcoin Bargain? Investors Put Money Into Crypto Funds for Second Straight Week

Cryptocurrency funds attracted $19 million of new money last week, suggesting investors are cautiously adding to positions, with prices depressed compared with year-end levels.

Investors put $19 million into crypto funds during the seven days through Jan. 28, the second straight week of inflows. (CoinShares)

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Ethereum Suffers Worst Month in Nearly 2 Years, SOL Falls Even Harder

Most major altcoins have sunk more than bitcoin, with all members of the CoinDesk 20 digital assets deeply in the red in January.

January has not been kind to crypto markets. (Unsplash, modified by CoinDesk)

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Bitcoin Holding Support Above $37K; Resistance at $40K-$45K

BTC's January sell-off could attract short-term buyers.

Bitcoin's four-hour price chart shows support/resistance levels. (Damanick Dantes, CoinDesk)

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Bitcoin's Put-Call Ratio Hits 6-Month High as Negativity Rules

The ratio suggests demand for puts is high, one observer said.

Bitcoin's put-call ratio signals increased demand for downside protection. (Skew)

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Excessive Volatility Hindering Further Mainstream Adoption of Bitcoin, JPMorgan Says

The bank said Ethereum is also facing challenges due to declining market share in the DeFi and NFT sectors.

(Shutterstock)

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Morgan Stanley Says Bitcoin’s 50% Correction Is Nothing New

The slide is within historical norms, the bank’s analysts said.

(Shutterstock)

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Bitcoin's 'MACD' Indicator Threatens Long-Term Bullish Bias as Rate Hike Fears Linger

Several Wall Street banks have penciled in five Fed rate hikes for 2022.

Bitcoin's monthly chart with MACD histogram (TradingView)

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First Mover Asia: Bitcoin Barely Budges in Weekend Trading

Crypto trading was light and could remain so in Asian markets as many investors celebrate the Lunar New Year holiday week.

Bitcoin's price stayed roughly flat over the weekend.  (Mike Aguilera/SeaWorld San Diego via Getty Images)