Category: Bitcoin

Closely-followed crypto analyst Michaël van de Poppe is updating his outlook on Cardano (ADA) and the rest of the markets at large. In a new strategy session, Van de Poppe says that should Bitcoin start showing new signs of strength, Cardano could be one of the first altcoins to respond to the action.   The

Perpetual contracts, also known as inverse swaps, have an embedded rate usually charged every eight hours. This fee ensures there are no exchange risk imbalances.  Even though buyers’ and sellers’ open interest is matched at all times, leverage can vary, and when buyers (longs) are demanding more leverage, the funding rate turns positive. Thus, they

The frontrunner in the New York City mayoral race seems to be a fan of Bitcoin. While giving a speech on the night of the Democratic primary election on June 22, mayoral candidate Eric Adams said he is going to make New York City “the center of Bitcoins.”   “We’re going to be the center

Bitcoin has a good chance of becoming the world reserve currency, although we are  “at least ten years away from that”, said Kraken’s head of growth Dan Held in an exclusive interview with Cointelegraph.  According to Held, the transition to an “hyperbitcoinization” —  a world where Bitcoin is adopted by billions users — starts with

Sellers are jumping on top of every breakout from Bitcoin and altcoins, indicating that the bears are in no hurry to let go of their advantage.

Bitcoin (BTC) and the U.S. dollar fell in tandem while the S&P 500 refreshed its record high at open on Friday as the Federal Reserve’s preferred inflation indicator surged to its highest levels in almost three decades. According to data shared by the US Bureau of Economic Analysis, the US Core Personal Consumption Expenditure (PCI)

The Bank of Tanzania is reportedly working to overturn its ban on crypto amid favorable cryptocurrency comments made by the country’s president. According to Reuters, Tanzania’s central bank has begun working on directives from the country’s federal government that could see a reversal of its November 2019 crypto ban. As previously reported by Cointelegraph, president

Bitcoin (BTC) fell precipitously on June 25 after a rejection above $35,000 sparked a rout toward familiar support. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin heads back towards $30,000 Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it shed over $2,500 during trading on Friday. The pair had hit local highs of

The world’s first regulated Bitcoin (BTC) exchange-traded fund (ETF) actually benefited from the recent price dip, data shows. As on-chain analytics service Glassnode noted on June 24, the Purpose Bitcoin ETF continued to add to its assets under management throughout the second half of May. Purpose ETF crosses 20,000 BTC In an unusual success story

As Bitcoin (BTC) price failed to hold its breath above the $35,000 yesterday, JPMorgan expects an overall bearish movement below the critical price level based on the BTC-to-gold volatility ratio.  In a note sent to investors on Wednesday, JPMorgan detailed its reasoning to see the fair value of Bitcoin between $23,000–$35,000 over the medium term.