Bad call? Bitfinex bears closed a block of Bitcoin shorts before the drop below $32K

Bitcoin price is still in a rut, trading near $33,000 and trapped in a downtrend that just seems to get worse with the passing of each day. As the price slumps, analysts... Read more »

Denied electricity, world’s 5th-largest mining pool leaves China for Kazakhstan

BTC.com — a major crypto mining pool that is operated by BIT Mining and owned by the NYSE-listed Chinese lottery service provider 500.com — has announced the successful relocation of its first... Read more »

Stablecoin inflows to exchanges dip as traders watch Bitcoin from the sidelines

The growth of stablecoin’s market cap and circulating supply has been one of the best indicators for attaining a general pulse on how participants in the market are feeling during bullish and... Read more »

If the peer review system is broken, what the hell is the point of Cardano’s reliance on it?

In a recent interview with Lex Fridman, Charles Hoskinson, the founder of Cardano and co-founder of Ethereum offered his views on Bitcoin. The 33-year-old was less than complimentary, calling it “slow” and... Read more »

Bitcoin price dips to $32.5K on ‘consistent’ new China FUD

Bitcoin (BTC) shed $1,000 in minutes on June 21 as fresh news from China succeeded in routing bulls yet again.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 3rd biggest Chinese bank warns... Read more »

4 reasons why Paul Tudor Jones’ 5% Bitcoin exposure advice is difficult for major funds

In an interview with CNBC on June 14, legendary investor Paul Tudor Jones sounded the alarm over advancing inflation. After last week’s consumer price index (CPI) report showed that United States inflation... Read more »

Bitcoin price dips below $34K as day of Grayscale’s giant BTC unlocking draws near

Bitcoin (BTC) dropped to local lows of $33,750 on June 20 as fears over weak support levels proved to be well founded.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets... Read more »

3 reasons why Ethereum may underperform Bitcoin in the short-term

Ether (ETH) price outperformed Bitcoin (BTC) by 173% from March 28 to May 15. The incredible bull caused the token to reach a $4,380 all-time high. However, as cryptocurrency markets initiated a... Read more »

Bitcoin may lose $30K price level if stocks tank, analysts warn

The ghost of stock market crash is back again to haunt Bitcoin (BTC). It happened last in March 2020. Back then, the prospect of the fast-spreading coronavirus pandemic led to lockdowns across... Read more »

Hawkish Fed comments push Bitcoin price and stocks lower again

Bitcoin (BTC) and the wider financial markets faced a new wave of selling on June 18 following comments from James Bullard, the president of the United States Federal Reserve Bank of St.... Read more »