Bearish view
Sell the BTC/USD pair and set a take-profit at 55,000.
Add a stop-loss at 61,000.
Timeline: 1-2 days. Bu …
Bitcoin price targets include $50K as Nvidia crash shakes Nikkei, gold
Bitcoin (BTC) neared monthly lows on Sept. 4 as crypto markets continued to react to a United States tech stock rout. Nvidia woes spill over to BTC price Data from Cointelegraph Markets Pro and …
Bitcoin ETFs outflow breaches $760M in 5 days, BTC drops to $55K
US listed spot Bitcoin exchange-traded funds (ETF) are witnessing a rough time after a few weeks of regular inflows. Bitcoin ETFs posted a massive outflow of $287 million on September 3, pushing BTC price to trade at the $56,
Bitcoin Could Tumble 15-20% If Fed Cuts Interest Rates As Expected: Analysts Lay Out The Bear Thesis
Bitcoin (CRYPTO: BTC) could potentially slip to a bottom of $40,000 if the Federal Reserve lowers interest rates in the upcoming FOMC meeting as anticipated.
Bitcoin ETFs Bleed $287M; Largest Daily Outflow in Four Months
The 11 ETFs registered a cumulative net outflow of $287.8 million, the largest single-day tally since May 1, when the funds bled over $500 million, according to data tracked by Farside Investors.
Bitcoin’s Low-Cost Offshoot BSV Becomes Market’s Biggest Gainer While King Crypto Plunges Over 4%
Bitcoin (CRYPTO: BTC) fell dramatically overnight Tuesday, taking many investors by surprise. However, its lesser-known spin-off grabbed the spotlight after recording healthy gains.
Bitcoin price nearly hits $60K but traders still see bearish September
Bitcoin ( BTC) traded near $59,000 on Sept. 3 after a last-minute comeback delivered 3.2% daily gains. Data from Cointelegraph Markets Pro and TradingView showed promising BTC price action before the …
DeFi Protocol Penpie Exploited for $27M of Crypto Assets; PNP Token Craters 40%
The exploiter’s address was originally funded with 10 ETH, worth roughly $25,000, via crypto mixer Tornado Cash a few hours before the exploit took place, data shows. Pendle confi …
How are Bitcoin’s whales trying to make BTC more volatile?
Bitcoin whales have been reducing their positions in the last few days contrary to expectations of accumulation.
Why ETF Issuer 21Shares Is Launching a New Wrapped Bitcoin on Ethereum
ETF issuer 21Shares’ parent company on Tuesday announced the launch of its own “wrapped” Bitcoin token on the Ethereum blockchain. 21.co said that its latest product—dubbed 21BTC—aimed to “usher in …
Bitcoin miner capitulation still hasn’t happened yet, says Gryphon CEO Rob Chang
In a lively discussion, Roundtable’s anchor, Rob Nelson, encouraged George Tung, Host of CryptosRUs, to ask Rob Chang, CEO of Gryphon Digital Mining some hard-hitting questions. The conversation quickly delved into critical issues within the mining industry, including miner capitulation and Gryphon’s strategic direction.
Bitcoin (BTC) Price Set for Extended Downturn After Failing to Hold $60,000
Bitcoin (BTC) faces potential price decline after failing to surpass $60,000. On-chain data and resistance levels suggest further downside.
Bitcoin exchange reserves hit lowest level since 2018
Some investors might be preparing for a price surge, influenced by recent events like Bitcoin’s halving, which historically has preceded significant price increases due to the reduced rate of new Bitcoin entering the market. “It’s (self-custody …
FBI warns of North Korean cyberattack plans on America’s Bitcoin ETFs
North Korea is ramping up efforts to hack America’s Bitcoin ETFs. The FBI is warning that North Korean hackers are using slick, hard-to-detect tricks to get inside crypto companies. The hackers start …
Bitcoin, Ethereum Lose Ground: Peter Brandt Identifies 3 Dynamics On BTC Chart
Cryptocurrency markets are trading relatively lower or flat as Bitcoin short-term holders are offloading more than before. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $58,112.09 -0.6% …
Bitcoin falls alongside stocks following Bank of Japan rate hike comments
Bitcoin (BTC) price has dropped 6.5% over the last seven days and the downside continued on Sept. 3 as the DOW dropped by 1.2%. The S&P 500 dropped 1.3%, while the Nasdaq Composite index slid 1.8% over the same period.
Bitcoin Margin Longs on Bitfinex Defy Bearish Seasonality
Since Aug. 28, the number of margin longs on Bitfinex, which involve using borrowed funds to purchase BTC in the spot market, has increased by a net 3,000 BTC to nearly 64,350 BTC, according to data …
Bitcoin price loses traction as miner profits drop and spot BTC outflows persist
Bitcoin (BTC) price dropped 10% over the 10 days ending on Sept. 3, falling from $64,190 to $57,800. This decline occurred despite the S&P 500 index being just 2% below its all-time high and gold trading only $50 away from its historical peak.
Bitcoin network hashrate reaches new all-time high
As the network hashrate increases, so does the cost to mine Bitcoin (BTC) as miners are forced to upgrade to more powerful mining rigs, expand operations, and use more energy to remain competitive. Increased hashrate and the corresponding high difficulty …
How much Bitcoin does the average whale hold?
The number of Bitcoin (BTC) whale transactions worth $100,000+ has declined by 48% since March 2024 and Bitcoin’s price has dropped 20% in the same period. So how has the behavior of Bitcoin’s …
Ether trails bitcoin and solana in 2024. What that means for crypto portfolios.
Ether has significantly underperformed other major cryptocurrencies such as bitcoin and solana this year, as exchange-traded funds investing in the second-largest cryptocurrency saw sluggish flows.