Wen moon? Probably not soon: Why Bitcoin traders should make friends with the trend
Recurring bear flags and the Fed’s telegraphed monetary policy are painting a roadmap for BTC’s future price action. Go to Source Powered by WPeMatico
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Why $20.8K is a critical level for Bitcoin | Find out now on Market Talks with Charlie Burton
What is the critical support level for Bitcoin and what happens if the market drops below it? Join us as we discuss this and other topics with Tim Warren, co-host of Coffee N Crypto, and Charlie Burton. Go to Source Powered by WPeMatico
A bullish Bitcoin trend reversal is a far-fetched idea, but this metric is screaming ‘buy’
Non crypto-related factors continue to weigh on BTC price, but a key on-chain metric that called previous market bottoms suggests Bitcoin is severely undervalued. Go to Source Powered by WPeMatico
What crashed the crypto relief rally? | Find out now on The Market Report
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss what factors lead to the collapse of the bear market rally. Go to Source Powered by WPeMatico
DBS bank reports 4X growth in Bitcoin buys on DDEx exchange in June
Crypto investors bought four times more Bitcoin on DBS Bank’s DDEx in June than in April 2022 as BTC price dipped below $20,000. Go to Source Powered by WPeMatico
Canaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits
This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says the industry is “evolving toward a positive long term.” Go to Source Powered by WPeMatico
Summer doldrums? Crypto volumes are down 55%, according to CoinShares
Bitcoin investment products, which include ETFs, ETPs and Grayscale’s GBTC, saw a third consecutive week of outflows. Go to Source Powered by WPeMatico
Crypto market bloodbath leads to over $500M in liquidations in 24 hours
Data from crypto analytic firm Glassnode shows future long liquidation of BTC touched a new 8-month high as BTC price crashed below $22,000 on Friday. Go to Source Powered by WPeMatico
Chinese mining giant Canaan doubles profits despite the blanket crypto ban
The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June. Go to Source Powered by WPeMatico
Bitcoin price dives pre-FOMC amid warning $17.6K low was not the bottom
The bottom “is not in” for either stocks or crypto, one analyst believes, as alarming data shows copycat moves from 2008 by the S&P 500. Go to Source Powered by WPeMatico