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Bitcoin (BTC) circled $30,500 at the June 26 Wall Street open as bulls held newfound support.BTC/USD 1-hour chart. Source: TradingViewBitcoin ETF hype puts demands on U.S. sessionData from Cointelegraph Markets Pro and TradingView showed BTC price action retaining $30,000 around the weekly close.The largest cryptocurrency began the week on a
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Belgium's top markets regulator is ordering embattled crypto exchange Binance to immediately cease serving local customers, according to a Friday notice. The Financial Services and Markets Authority (FSMA) said Binance is "offering and providing exchange services in Belgium between virtual currencies and legal currencies, as well as custody wallet services,
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In other words, if bitcoin builds momentum above $30,000 as expiry approaches, dealers will buy the cryptocurrency in the spot and futures markets. That, in turn, could lead to an exaggerated price rally, often called a gamma squeeze, or sling-shot effect. On the flip side, dealers will be forced to
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The largest bitcoin (BTC) asset management product is Grayscale, which runs a $19 billion BTC trust (GBTC), but its dominant position may be under threat following news that investment giant Blackrock (BLK) has filed for a spot bitcoin exchange-traded-fund (ETF) in the U.S., Bernstein said in a research report Monday. Source
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Bitcoin (BTC) starts a new week in a solid position above $30,000 after its latest rapid gains.BTC price action continues to deliver on bulls’ expectations after weeks of sideways trading offered little relief. Can it continue?That is the question on every trader’s mind this week — $30,000 held into the
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Bitcoin (BTC) tapped $31,000 for a third time this year on June 25 as the weekly close promised volatility.BTC/USD 1-hour chart. Source: TradingViewBTC price challenges $31,000Data from Cointelegraph Markets Pro and TradingView showed BTC price movements focusing on yearly highs.BTC price remained strong over the weekend, as attention focused on
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Bitcoin price looks ready to turn $31,000 to support, and
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Bitcoin (BTC) denied the market fresh volatility at the June 23 Wall Street open as traders attempted to guess its next targets.BTC/USD 1-hour chart. Source: TradingViewBitcoin lacks “strong confirmation” of new upsideData from Cointelegraph Markets Pro and TradingView showed BTC price action continuing to hover around $30,000.A second day of
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“Vulnerable” miners, including Core Scientific (CORZQ), Argo Blockchain (ARB) and Iris Energy (IREN) have struggled to survive due to a “combination of falling bitcoin prices, rising debt servicing costs and rising electricity costs,” the analysts wrote. Miners with higher electricity costs have been facing losses due to falling bitcoin prices
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Bitcoin (BTC) will hit new all-time highs in 2023, and October is the favorite month for it, a popular trader says.In a Twitter update on June 22, Credible Crypto argued that the next four months should deliver the bullish BTC price momentum needed to tackle $69,000.October "fairly logical" for new
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