Bitcoin News
Bitcoin’s Technical Bias Flips Bullish as Price Climbs Above Descending Trendline
The breakout is backed by a pickup in volumes and accumulation by so-called whales.
Bitcoin Futures Premium on CME Surges, Hinting At Institutional Demand
A futures-based ETF, if approved, could bring more buying pressure for the CME futures.
Bitcoin Price Rally Fueled by Whales’ $1.6B Buy, Blockchain Data Shows
But why the whales made their buys on an exchange instead of an over-the-counter desk remains unclear.
Market Wrap: Bitcoin Dominance Rises as Altcoins Underperform
Bitcoin is outperforming on hopes of a U.S. ETF approval.
Bitcoin Price Surges to 5-Month High Over $54K
Bullish sentiment returns to largest cryptocurrency, up 25% already this month.
Huobi a Loser in China Crackdown, Bitcoin Futures Market Suggests
“Traders have been actively moving to other exchanges to trade perps and futures,” said one analyst.
Bitcoin Reclaims $1T Market Valuation
Nick Mancini, senior research analyst at Trade the Chain, discusses what he thinks are the catalysts behind bitcoin’s price rally, which has pushed its market capitalization back above $1 trillion, a level not seen since May.
Who Is the Whale(s) Buying Up $1.6B Bitcoin in 5 Minutes?
Bitcoin, the world's largest cryptocurrency, surged past $54,000 to the highest in almost five months as bullishness returns to the market following the prior months' slump. CryptoQuant reports there was one purchase of $1.6 billion worth of BTC via market orders in just five minutes. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Price Surges to 5-Month High, What’s Driving Bitcoin’s Rally?
Bitcoin’s price has skyrocketed to a 5-month high of over $54,000 as bullish sentiment returns, with the cryptocurrency already up 25% this month. CoinDesk’s Galen Moore discusses insights into the possible factors driving what he calls the “spot-market driven rally” and its potential connection to tether, China, crypto regulation, and ETFs.
Bitcoin Futures Market Suggests Huobi a Loser in China Crackdown
Bitcoin’s move to $50,000 has revived bullish sentiment, lifting futures premiums on most major cryptocurrency exchanges, which are often seen as a gauge of speculative interest. Though on the Huobi exchange, historically skewed toward Chinese customers, the premium hasn’t budged, potentially due to its decision to suspend services to China-based clients.
