Markets
Bitcoin Still Trading in Bullish Channel Despite Price Support Break
Powell’s reappointment as Fed’s chairman has reinforced fears of faster rate hikes to control inflation
Bitcoin Struggles at $60K Resistance; Support Above $53K
Short-term downside is likely into the Asia trading day.
Junk-Rated El Salvador’s ‘Bitcoin Bonds’ Look Explosive (Think Volcano)
Anyone buying Salvador’s bitcoin-backed bond is betting on the cryptocurrency in a very big way, ignoring the country’s distressed-debt situation, one strategist said.
Shiba Inu Slips in Coinbase Volume Rankings After Topping the List for 2 Weeks
With speculative frenzy in SHIB cooling, market focus may shift back to top cryptocurrencies.
Bitcoin Attempts Price Recovery After a Derivatives-Led Slide to Sub-$56K
Fears about a supply glut from the Mt. Gox settlement are unfounded, one analyst said.
Institutions Snap Up Ether $5K Call, Bitcoin Risks Double Top as RBA Official Warns of FOMO Meltdown
Bitcoin appears exhausted, having failed to chart a convincing breakout beyond April highs for almost four weeks.
Bitcoin Crowd Appears High on ‘Hopium’ as ‘Buy The Dip’ Trends
Pullbacks typically end with crowd chatter leaning bearish.
One-Fourth of Fund Managers Expect Bitcoin Price Over $75K in 12 Months: BofA Survey
Long bitcoin trades more crowded than long ESG, the survey said.
Bitcoin Below $60K in a ‘Funding Reset’ Move, Tests Key Support: Experts
Market appeared quite complacent and due for a pullback, observers said.
Bitcoin’s Bull Flag Breakout Suggests More Upside; Support at $57K
The cryptocurrency could break the six-figure mark in Q4, one firm said.
