Auto Added by WPeMatico

Banking Giants Disclose Bitcoin Exposure but Crypto Markets Tank: This Week’s Recap

The broader cryptocurrency market lost around $70 billion in capitalization in the past seven days as the majority of the coins are trading in the red. This comes on the…

Continue ReadingBanking Giants Disclose Bitcoin Exposure but Crypto Markets Tank: This Week’s Recap

Bitcoin Plummets to $56K and Recovers, Altcoins Volatile (Market Watch)

The past 24 hours saw substantial movements in Bitcoin and many altcoins. The price action resulted in a mixed performance, with some of the cryptocurrencies charting slight gains while others…

Continue ReadingBitcoin Plummets to $56K and Recovers, Altcoins Volatile (Market Watch)

Majority of Institutional Investors Held or Increased Bitcoin ETF Positions in Q2

Bitwise reports that U.S.-based institutional investors continue to demonstrate strong support for Bitcoin through spot ETFs, with around 66% either maintaining or increasing their holdings. This trend comes amidst market…

Continue ReadingMajority of Institutional Investors Held or Increased Bitcoin ETF Positions in Q2

Crypto Markets Shed $80 Billion Daily as Bitcoin (BTC) Slumps to $58K (Market Watch)

Bitcoin’s price soared to a multi-day peak of almost $62,000 yesterday but failed there, and the subsequent rejection drove it south by around four grand. The altcoins have turned red…

Continue ReadingCrypto Markets Shed $80 Billion Daily as Bitcoin (BTC) Slumps to $58K (Market Watch)

Investor Sentiment Uncertain, Yet Bitcoin’s HODLing Trends Resurface During Market Decline

As the market navigates the largest downturn of this cycle, investor sentiment in the digital asset market remains uncertain. Beneath the surface, however, Glassnode has found that there are clear…

Continue ReadingInvestor Sentiment Uncertain, Yet Bitcoin’s HODLing Trends Resurface During Market Decline

Bitcoin Price Eyes $61K After Promising PPI Numbers, Toncoin Rises 7% (Market Watch)

Bitcoin’s price has risen by almost two grand since yesterday, following the better-than-expected core PPI numbers in the States. Several altcoins have produced impressive gains within the same timeframe, led…

Continue ReadingBitcoin Price Eyes $61K After Promising PPI Numbers, Toncoin Rises 7% (Market Watch)

Here’s When Altcoin Season Will Occur, According to Arthur Hayes

Arthur Hayes, American entrepreneur and co-founder of crypto derivatives platform BitMEX, has predicted that altcoin season would come after bitcoin (BTC) and ether (ETH) break through $70,000 and $4,000, respectively.…

Continue ReadingHere’s When Altcoin Season Will Occur, According to Arthur Hayes

Here Are Today’s Biggest Losers as Bitcoin (BTC) Dumps Below $59K (Market Watch)

After several days of recovering the recent losses, bitcoin’s price has finally retraced once again, losing the coveted $60,000 line and falling further to under $59,000. The altcoins have followed…

Continue ReadingHere Are Today’s Biggest Losers as Bitcoin (BTC) Dumps Below $59K (Market Watch)

Dogecoin (DOGE) Jumps 5% Daily, Bitcoin (BTC) Rises Above $61K (Weekend Watch)

Bitcoin’s price movements over the weekend have returned to a much calmer state, and the asset has remained relatively stable at just over $61,000. The altcoins are mostly in the…

Continue ReadingDogecoin (DOGE) Jumps 5% Daily, Bitcoin (BTC) Rises Above $61K (Weekend Watch)