Bitcoin News

Blockstream’s Liquid Network Faces Delay in Processing as Transactions Begin to Stack Up
The network said funds are safe and unaffected.

Market Wrap: Bitcoin Rises Toward $50K on Hopes for US ETF Approval
Analysts expect that approval to fuel a fourth-quarter crypto rally.

Crypto Funds Draw $90M in New Money as Confidence Returns
Bitcoin-focused funds have attracted new capital for three straight weeks, after a period of outflows in recent months.

BitGo CEO on Bitcoin: ‘Large Peak, Large Retreat Ahead’
As bitcoin bounces back above $49,000, Mike Belshe, CEO of institutional crypto custody and security firm BitGo, discusses his short-term outlook and long-term price prediction for BTC. “We will probably … see a large peak and then a large retreat,” Belshe said. “It’s a volatile space. Be prepared for it.”

Crypto Funds Draw $90M in New Money as Confidence Returns
Digital asset investment products attracted $90 million in new money in the seven days last Friday, the seventh straight week of inflows. Bitcoin-focused funds reportedly took in $69 million and has attracted new capital for three straight weeks after a period of outflows in recent months.

Is Bitcoin’s Rally Over?
Bitcoin is trading around $48,000 and is roughly flat over the past 24 hours. Still, the cryptocurrency is up 13% over the past week as buyers continued to defend lower support around $40,000, but is the rally over?

Bitcoin Steady at $48K as OMG Token Hits 3-Year High
OMG’s exchange balance is at its lowest level since September 2018

Bitcoin Declines From $48K Resistance; Support at $45K
Short-term indicators show bitcoin is overbought.

Friday’s Crypto-Market Breakout Caused Massive Short Covering, May Be Technically Significant: FSInsight
Technical breakouts made by some cryptocurrencies led to “massive short covering,” the firm said in a report.


