Category: Bitcoin

Digital asset manager CoinShares says that institutional investors continue to trim their positions in Bitcoin and Ethereum as the broader crypto markets flash signs of recovery. In their weekly report, CoinShares highlights that digital asset investment products saw a net outflow of $28 million last week, with Bitcoin leading the charge. According to the firm,

Bitcoin’s (BTC) recent surge above $40,000 injected a healthy dose of bullish optimism into the crypto market and further proof of this comes from the Crypto Fear and Greed index which has decreased from ‘extreme’ to ‘neutral’.  Data from Cointelegraph Markets Pro and TradingView shows that the top movers over the past 24 hours are

Ether (ETH) and Bitcoin (BTC) pulled back on July 28 as investors awaited fresh guidance from the Federal Reserve. ETH price slipped by 0.57% to $2,857, while the BTC/USD prices were up 0.68%, changing hands at $39,739 at around 10:30 EST. Nonetheless, both the pairs reached their current levels following a downside correction from their

Bitcoin (BTC) saw tough resistance after nearing $41,000 on July 28 amid calls for consolidation of recent gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $40,000 yet to stick as new support Data from Cointelegraph Markets Pro and TradingView showed BTC/USD pulling back below the $40,000 mark as Wednesday progressed.  The pair had begun with

Bitcoin’s (BTC) volatility made headlines again after the original cryptocurrency briefly reclaimed its $40,000 mark before going back to $39,000 levels. Coming after a two-week-long bearish loom that started on July 15, this is the second time Bitcoin is trying to break $40,000 resistance in as many days.  Based on the data from Cointelegraph Markets Pro

Binance, the world’s biggest cryptocurrency exchange by trading volumes, continues its efforts to maintain dialogue with global regulators by introducing withdrawal limits and a new tax reporting system. The company officially announced Tuesday a major update to its Know Your Customer policies, significantly reducing maximum withdrawal amounts for users who have not completed full identity

Bitcoin (BTC) returned to $40,000 on Wednesday as bulls and bears waged a tug-of-war for hard-won higher ground. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “A lot can happen” from current BTC price levels Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $40,200 overnight, sealing a rare eight straight green daily candles in

Blockchain analytics firm Glassnode is looking at the state of Bitcoin after the world’s leading crypto by market cap launched a sudden rally starting over the weekend. In a new report, Glassnode says that one potentially bullish factor for Bitcoin is the growing number of wallet addresses receiving BTC, rather than sending it.   “On

Four low-cap crypto assets are surging and printing substantial gains in the last seven days while Bitcoin eyes its longest winning streak this year. Leading the altcoin charge is Axie Infinity (AXS), a blockchain-based game that allows players to collect, breed, raise, battle and trade collectible digital creatures.   In the past week, AXS has

The world’s second-largest crypto asset has gained ground on Bitcoin in terms of trading volume growth during the first half of this year according to a new report. Ethereum’s trading volume grew faster than Bitcoin’s in the first half of this year according to a new report from leading U.S. crypto exchange Coinbase. The Coinbase