The U.S. core personal consumption expenditure (PCE) price index increased 0.5% in May, below market estimates of 0.6%. However, when compared year-over-year, the PCE index surged to 3.4% recording its largest gain... Read more »

Is Bitcoin hash rate drop an opportunity in disguise?

China’s crackdown on Bitcoin (BTC) mining operations has led to a significant drop in the network’s hash rate, but industry participants believe it presents an incredible opportunity for the wider mining ecosystem.... Read more »

Data fails to conclude that Bitfinex shorts are depressing Bitcoin price

One of the most common errors traders make when analyzing cryptocurrency markets is taking an exchanges’ bid and ask data and traded volumes at face value. When doing this type of analysis,... Read more »

‘Bitcoin will go all the way to $160,000 this year,’ says Celsius CEO

Although the price of Bitcoin (BTC) continues to hover around $30,000, industry experts are noting that there is a bullish long-term view.  To put this into perspective, Alex Mashinsky, chief executive officer... Read more »

Bitcoin, dollar plunge while S&P 500 rallies after US inflation hits 3-decade high

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... Read more »

Crypto traders say negative funding rates are buy signals, but are they?

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... Read more »

Bitcoin sheds $2.5K amid warnings of a repeat BTC price dip

Bitcoin (BTC) fell precipitously on Friday after a rejection above $35,000 sparked a rout toward familiar support. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin heads back toward $30,000 Data from Cointelegraph... Read more »

Athena confirms plans to bring 1500 Bitcoin ATMs to El Salvador

U.S. company Athena intends to supply El Salvador’s new crypto-based economy with 1500 Bitcoin ATMs, a company representative has confirmed. The rollout will start small, trialing a few dozen machines to establish... Read more »

Why Friday’s $6B in Bitcoin and Ethereum expiries may not move the market

After an incredible start in 2021, Ether peaked at $4,380 on May 12 but has dropped 55% since then. Unlike the leading cryptocurrency, the Ethereum network faces competition from projects that do... Read more »

Bitcoin rejects at $34.5K as analysts reveal key resistance level to beat next

Bitcoin (BTC) erased some of its gains on June 24 in a test of lower levels, which spooked already wary traders. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView All eyes on $37,000... Read more »