Bitcoin’s recent rally to a 2023 high is backed by on-chain and sentiment data.
Category: BTC Markets
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Australian crypto exchanges look to new licensing regime with cautious optimism
Australian crypto exchanges have largely praised the Treasury’s latest proposal to place crypto exchanges under the existing financial services license regime, though some worry it could put the crypto industry into a TradFi-shaped box.
Fidelity renews push for spot Wise Origin BTC Trust, making it 7th applicant this year
The huge asset manager was denied approval for the Wise Origin Trust last year; now, it is joining a long line of spot fund hopefuls.
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Australian exchanges dispel debanking fears amid Binance saga, but risks loom
Australian crypto exchanges report no problems with their payment providers but the lack of local laws means more debanking incidents can’t be ruled out.
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Why is Bitcoin price down today?
Bitcoin price is down, trading at a new yearly low, but what are the primary reasons behind the most recent decline?
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Bitcoin Traders Patiently Wait for ‘Uptober’ — Historical Prices Show BTC Gained 10 out of 13 Octobers
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Bitcoin price corrects after hitting a wall at a multi-month descending trendline
“Up only” Bitcoin and Ethereum take a breather after encountering resistance at a stiff multi-month descending trendline.
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Will the Bitcoin mining industry collapse? Analysts explain why crisis is really opportunity
Many BTC miners are in a tough spot and a few could collapse, but experts say the industry is here to stay.
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Bitcoin price falls under $21K, bringing more capitulation or just consolidation?
Multiple indicators and on-chain metrics reflect confluence pointing to an improving market, but technical analysis still raises the possibility of Bitcoin dropping to new yearly lows.
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Bitcoin price dips under $23K after earnings report reveals Tesla sold 75% of its BTC
BTC’s march toward $24,000 took a brief pause after media headlines announced that Tesla had sold 75% of its Bitcoin position.
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