Cryptocurrency


Markets

Market Wrap: Bitcoin Dips Below $60K as ETF Enthusiasm Fades

“We may see significant price erosion,” said one trader.

Bitcoin support and resistance levels (CoinDesk, TradingView)

Finance

FTX Looks to Expand Globally Through Local Partners, Bankman-Fried Says

The CEO said on CoinDesk TV the crypto exchange could spend over $1 billion in a buying spree next year.

FTX CEO Sam Bankman-Fried discusses the derivatives exchange's roadmap on CoinDesk TV. (CoinDesk TV)

Markets

Bitcoin All-Time High Breakout Could Target $86K, Price Charts Suggest

The world’s largest cryptocurrency’s price has now fully recovered from a near 50% correction earlier this year.

Bitcoin daily price chart (CoinDesk, TradingView)

Markets

After Bitcoin’s All-Time High, What’s Next?

It took six months for BTC to surpass its all-time high of almost $65,000 reached in April. Now, with the cryptocurrency’s price already pushing toward $67,000, market analysts are setting even more bullish price targets.

Analysts are looking skyward as the map out bitcoin's price trajectory. (NASA, modified by CoinDesk)

Markets

Market Wrap: Analysts Expect Further Upside After Bitcoin Hits All-Time High

The “theme of $100K BTC” has returned, one analyst says.

Sequans acquired 370 BTC initially and aims to accumulate over 3,000 BTC(Shutterstock)

Markets

Market Wrap: Bitcoin Holds Above $60K as Crypto Market Cap Reaches New High

Meanwhile, some analysts are warning about overheating in the futures market given the recent rise in leveraged positions

Total crypto market cap (CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Reaches $61K as SEC’s ETF Deadline Nears

Bitcoin is inching closer to an all-time high as anticipation builds the U.S. regulator will finally approve one of the many applications it has received.

U.S. Securities and Exchange Commission (Shutterstock)

Markets

Bitcoin Takes a Breather, Could Find Support at $50K-$52K

Upside momentum is slowing, although pullbacks could be limited into Asian trading hours.

Bitcoin's four-hour chart (CoinDesk, TradingView)

Markets

Bitcoin Approaching Resistance Near $58K; Support at $50K

Momentum has improved over the past two weeks.

Bitcoin four-hour price chart (CoinDesk, TradingView)

Markets

Market Wrap: Analysts Bullish on Bitcoin as Trading Volume Rises

Historically, bitcoin produces positive returns in the fourth quarter, underpinning bullish price estimates.

Bitcoin 24-hour chart (CoinDesk)