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Bitcoin found its latest floor when it dropped to almost $80,000 last week, according to the BTC price prediction by ex-BitMEX CEO Arthur Hayes.
With Thailand’s markets in turmoil, Bitkub is shifting toward Hong Kong’s thriving equity market for a $200 million IPO raise, Bloomberg reported.
Bitcoin showed signs of recovery after nearing $82,000 on Friday, with analysts noting easing selling pressure and rising Fed rate cut expectations.
Bitcoin open interest has seen a sharp decline in the last month, which one analyst says could form a “solid bottom” for it to climb back from.
Exchange-traded fund inflows and crypto treasury demand were key to Bitcoin’s all-time high, but they’re now causing its decline, says NYDIG’s Greg Cipolaro.
The rising volatility suggests a potential return to levels seen before the launch of BTC exchange-traded funds, which dampened volatility.
Crypto Dispensers is weighing a $100 million sale as its CEO faces federal accusations of running a multimillion-dollar money laundering scheme.
Bitcoin being widely used for daily payments in the future is just “out-of-the-money-option value upside,” according to BlackRock’s head of digital assets Robbie Mitchnick.
A lack of conviction among “weak” hands will cause new Bitcoin holders to dump at the first sign of trouble, worsening market drawdowns.
A lack of conviction among "weak" hands will cause new Bitcoin holders to dump at the first sign of trouble, worsening market drawdowns.