Bitcoin and Japanese stocks look to stabilize amid rate cut talks. Institutional investors sold spot ETFs Monday. Bitcoin (BTC) zoomed above $56,000 early Tuesday amid a broader market recovery in …
Cryptoverse: Trump’s bitcoin stockpile plan stirs debate
At current levels, the U.S. holds about 1% of overall global bitcoin supply – which stands at about 19.7 million tokens, according to Blockchain.com. Bitcoin’s total supply is capped at 21 million …
Bitcoin falls to ‘extreme fear’ on Aug. 5 as ETFs outflow $168M
The Crypto Fear and Greed Index has just tipped into the “Extreme Fear” zone for the first time in two years, as United States spot Bitcoin exchange-traded funds reported outflows of $168.4 million in trading on Aug.
Paul Krugman Ridicules Bitcoin’s Store Of Value Narrative, Nobel Winning Economist Makes A Cheeky Comparison With Nvidia
Nobel laureate and renowned economist Paul Krugman poked fun at Bitcoin’s BTC/USD store of value narrative after the cryptocurrency witnessed one of its steepest drops in years. What Happened: On Monday, Krugman quoted financial journalist and Bloomberg …
Two Things Need to Happen Now on This Bitcoin Chart
Two things need to happen on this bitcoin chart. There are several hopeful and bullish signs for bitcoin as we explain in this video – but 2 things need to happen on bitcoin going forward before an …
Bitcoin decline is similar to the start of the 2016 bull run: Peter Brandt
Bitcoin’s decline since the April 2024 halving is starting to look similar to market movements ahead of the 2016 bull run, according to veteran trader Peter Brandt. In a post on X on Aug. 5, the …
Trump Says Government Shouldn’t Be Selling Bitcoin: ‘Crypto Is Like AI, If We Don’t Build It, China Will’
Former President Donald Trump lent his support to cryptocurrencies once again, noting that the U.S. government shouldn’t be selling Bitcoin (CRYPTO: BTC).
Bitcoin (BTC) News Today: BTC Dips Below $50K on Yen Carry Trade Unwind
Hawkish Bank of Japan policy and weak US Jobs Report fuel BTC sell-off below $50,000 as oversupply risks linger.
Report Shows On-Chain Liquidations Across DeFi Surpass $350 Million in 24 Hours
On-chain liquidation on Ethereum decentralized finance (DeFi) protocols exceeded $350 million, marking a new yearly high.
Omniswap USD (OMNI27891-USD)
The crypto market was slammed in Monday’s global sell-off, with bitcoin (BTC-USD) briefly trading below $50,000 and ethereum (ETH-USD) briefly seeing its biggest one-day drop since 2021. Matt Hougan, Bitwise Asset Management CIO, explains why bitcoin is so …
Bitcoin Plummets Amid Wider Market Selloff
The drop also coincides with a plunge on Wall Street: Dow Jones dropped over 2.5% on Monday—its worst loss by percentage since September 2022—to a two-month low, while the tech-heavy Nasdaq fell nearly 3% on the day and the S&P 500 fell 3%, even as the Federal Reserve indicates interest rate reductions are in store.
European Hedge Fund Reveals $420 Million in Bitcoin ETF Investments
London-based Capula Management—which oversees $30 billion in assets—has exposure to Bitcoin via BlackRock and Fidelity.
Bitcoin, crypto shares plunge as investors pull back on risky stocks amid recession fears
The companies’ shares creeped up throughout the day, but still remained down overall. Crypto exchange site Coinbase saw shares plunge as much as 18% and Bitcoin buyer MicroStrategy shares plummeted as much as 23%. Bitcoin and US crypto-related shares …
Bitcoin Breaks Below Wedge Pattern; Can BTC Bulls Protect the $52K Support?
Bitcoin dips under $50K, raising concerns about further declines and whether bulls can defend the critical $52K support level.
How bitcoin’s growing complexity is pushing hardware to evolve
This technological surge raises questions about the future of development, especially in terms of hardware and software compatibility. In a recent discussion, Scott Melker, host of The Wolf of All …
Why bitcoin miners continue to lean into renewable energy
Gryphon Digital Mining CEO Rob Chang weighs in on bitcoin mining with renewable energy and diversifying into high-performance computing.
Bitcoin plunges as U.S. eyes spiking recession risks
On Monday, the price of bitcoin plunged below $55,000, shedding 10% of its price, amid growing fears of a slowdown in growth and a looming recession. The moment marks a precipitous turn for a market …
Bitcoin gets hit hard in global sell-off
The crypto market was slammed in Monday’s global sell-off, with bitcoin (BTC-USD) briefly trading below $50,000 and ethereum (ETH-USD) briefly seeing its biggest one-day drop since 2021. Matt Hougan,
The Bitcoin bottom is not in — BTC traders set price targets in low $40K range
Bitcoin (BTC) tumbled below $50,000 during the early Asian trading hours on Aug. 5 as risk-off sentiment gripped global markets. Bitcoin is down nearly 31% over the last three days in a “once in a 7-10 yr event” that has left analysts with mixed opinions on whether BTC will recover in the short term.
Bitcoin Isn’t a Stock—but It Sure Is Acting Like One
Over the past five years, there have been months when stocks and crypto have moved almost in lockstep and months when they’ve sprinted away from each other. The past 30 days have seen a gradual convergence, and maybe that will keep up for the long haul, or maybe stocks and Bitcoin will split up again.
Harris Vs. Trump On Crypto: Experts Question Each Candidate’s Take On Bitcoin
Vice President Kamala Harris‘ recent outreach to the cryptocurrency community has sparked widespread debate among industry experts and analysts. Grant Cardone, a speaker at Benzinga’s Future of …