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Jul 24 Bitcoin

Bitcoin Quantum Fears Have Cut The Price By A Third, Says Charles Edwards

Bitcoin trades near $65,000, down about 49% from its October peak of $126,100. Charles Edwards, founder of Capriole Investments, says quantum computing fear explains roughly 30% of that

By Albert Morgan

Jul 23 Bitcoin

Foundry Puts BIP-110 to a Vote as Bitcoin's Data Fight Reaches Its Deadline

Foundry USA, the largest Bitcoin mining pool, has asked its clients to vote on whether it should signal support for BIP-110. The proposal would restrict how much non-payment

By Albert Morgan

Jul 20 Bitcoin

Bitcoin Stalls At $65,000 As Wall Street Fights A Tech Stock Exodus And War Fears

Bitcoin spent Monday failing to hold $65,000, a level that has capped the price for all of July. The rejection came as US stocks battled two separate problems at

By Albert Morgan

Jul 18 Bitcoin

Bitcoin Bear Market Bottom Countdown Passes 40 Days As Supply In Loss Nears 50%

Bitcoin has spent 42 days in what history shows is the run-up to a bear-market bottom. The countdown started when BTC supply in loss crossed 50% on June

By Albert Morgan

Jul 17 News

Ethereum Staking Yield Is Quietly Paying for Bitcoin's Infrastructure

On June 30, a grants round on Ethereum closed, and the single largest payout went to an organization many bitcoiners consider their own critical infrastructure. The Tor Project topped a

By John Williams

Jul 16 Bitcoin

Bitcoin Slips As Tech Stocks Reverse And Micron Losses Deepen Past 30%

Bitcoin dropped 1.5% from its three-week high on Thursday, trading near $64,500 after briefly touching above $65,600 the day before. The pullback tracked a reversal in

By Albert Morgan

Jul 13 Bitcoin

Robinhood's Ethereum Layer 2 Gives Bitcoin Investors A New Rival Narrative To Watch

Ethereum is trading near $1,800 this week, up from lows below $1,600 a month ago. Part of the rebound traces to a single launch: Robinhood Chain, a new

By Albert Morgan

Jul 11 Bitcoin

Japanese Lender CRYL Rolls Out Bitcoin-Backed Loans Worth Up to $6.2 Million

Japan's crypto lending market gained a new player this week. CRYL launched a Bitcoin-backed loan product that lets borrowers raise cash without selling their BTC. The service

By Albert Morgan

Jul 9 Bitcoin

Bitcoin Fights To Hold $62,000 Before Friday Options Expiry Tests The Market

Bitcoin trades near $62,850 on Thursday, caught between a short-term bounce and a broken longer-term chart. Friday's 8:00 AM UTC Deribit options expiry, worth

By Albert Morgan

Jul 8 Bitcoin

Bitcoin Holds $63,000 As Chip Stock Rout Tests Its Nasdaq Correlation

Bitcoin traded near $63,000 on Tuesday, pulling back from a two-week high of $64,660 as a sell-off in US chip stocks dragged down the Nasdaq 100.

By Albert Morgan

Jul 6 Bitcoin

Tim Draper Denies Bitcoin Transfer While Standing By $250,000 Price Target

Billionaire investor Tim Draper has denied moving his Bitcoin holdings after blockchain analysts linked him to a wallet that sent 1,000 BTC to Coinbase Prime. The transfer, worth about

By Albert Morgan

Jul 3 Bitcoin

Bitcoin Enters Era Where Strategy Matters Less, Bitwise Says

Bitcoin trades near $61,800 on July 3, recovering from a 21-month low of $58,190 hit on June 25. The drop followed turmoil around Strategy's preferred

By Albert Morgan

Jul 1 Bitcoin

Strategy's Bitcoin Sale Plan Divides Investors While Shares Climb

Strategy has opened the door to selling Bitcoin for the first time as standard policy. The company built its identity on never selling. That changed on June 29, when it

By Albert Morgan

Jun 29 Bitcoin

Bitcoin RSI Pattern Revives 2022 Bottom Comparisons As Price Holds Near $60,000

Bitcoin is trading near $60,000 this weekend, and a chart signal from the relative strength index has traders comparing the current slump to the 2022 bear market low. The

By Albert Morgan

Jun 27 Bitcoin

Bitcoin ETFs Lose $696 Million In One Day As Price Falls Below $60,000

US spot Bitcoin ETFs shed $696.3 million on Thursday, the worst single-day outflow of June. The withdrawal hit as Bitcoin fell below $60,000, deepening a slide that

By Albert Morgan

Jun 25 Bitcoin

Bitcoin Drops Below $60,000 As Traders Bet On A Bounce Toward $70,000

Bitcoin fell under $60,000 on Wednesday for the first time since June 10, pulling the broader crypto market down with it. As of Thursday morning, BTC trades near $61,

By Albert Morgan

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