Market Analysis
FTX Blowout Could Drop BTC to $5,000, Shift Demand to Gold: Standard Chartered
An underpriced scenario for Bitcoin involves the flagship crypto dropping to $5,000 if the meltdown persists.
Total Stories
52
News
Bitcoin (BTC)
Section
Bitcoin (BTC)
Crypto
Bitcoin’s Open Interest Drops as $23k Breached: $1.6B Shorts Liquidated in 2 Weeks
Bitcoin open interest has dropped more than 25% so far this year.
Market Analysis
Short ETH Funds Saw $14M in Weekly Inflows, Largest on Record
Short investment products represented 75% of total digital asset inflows last week, suggesting a very negative sentiment amongst investors following the FTX debacle.
Market Analysis
Bitcoin Breaches $20,000 as the Dollar Falls After Fed Expected to Slow Rate Hikes
Bitcoin broke above the $20,000 threshold for the first time in a month, while the euro regained its parity with the US dollar.
Policy
Why the $1M Campaign to Change Bitcoin’s Code Will Likely Bear No Fruit
Environmental advocates have intensified their campaign for Bitcoin to switch to a more eco-friendly consensus mechanism following Ethereum's successful merge.
FinTech
Is this Wall Street-Backed Crypto Exchange Promising Low Costs Good For Retail?
Newly announced cryptocurrency exchange set to launch in November gets backing from Wall street giants.
Market Analysis
Bitcoin Falls to 3-Week Low as Fed Minutes Spook Markets
Bitcoin and other cryptocurrencies fell sharply Friday, just two days after the FOMC released minutes from its July meeting, where it said inflation remains at "unacceptably…
Crypto
BlackRock Offers Institutions Direct Exposure to Spot BTC
World's largest asset manager BlackRock launched a new private trust to offer institutional investors exposure to spot Bitcoin.
Crypto
Babel Lost 8,000 BTC and 56,000 ETH While Trading Customer Funds
Cryptocurrency lending firm Babel Finance lost 8,000 BTC and 56,000 ETH (worth $280 million) in proprietary trading with customer funds.
Crypto
Bitcoin Breaks through $24,000 Despite Declining Hashrate
Bitcoin’s declining hashrate leads to the most significant mining difficulty fall since July 2021 as BTC price rallies.
Crypto
Buying the Dip: BTC Sees -58% Q2 2022 Drop as Whales Now Own 45% of Supply
Taking advantage of low prices, large and small investors are "aggressively" increasing their Bitcoin holdings.
Crypto
Deutsche Bank: Bitcoin is More like ‘Digital Diamonds’ than Digital Gold
Deutsche Bank analysts expect Bitcoin to reach $28,000 by the end of the year.
Crypto
On-Chain Data Suggest Bitcoin Selloff Driven by Spot Markets, Not Futures
Amidst the growing negative market sentiments, on-chain statistics indicate that recent selloff wasn't driven by derivatives.