Bitcoin derivatives data suggests bears will pin BTC below $21K leading in Friday’s options expiry

Most Bitcoin (BTC) traders would rather see a sharp price correction and a subsequent recovery than agonize for multiple months below $24,000. However, BTC has been doing the opposite since June 14... Read more »

South African exchanges welcome the new ‘crypto is financial asset’ ruling

South Africa’s Reserve Bank is set to begin regulating cryptocurrencies as financial assets in the next 18 months, with exchanges expecting the move to drive adoption in the country. The move to... Read more »

How Bitcoin’s strong correlation to stocks could trigger a drop to $8,000

The Bitcoin (BTC) price chart from the past couple of months reflects nothing more than a bearish outlook and it’s no secret that the cryptocurrency has consistently made lower lows since breaching... Read more »

3 reasons why Bitcoin is struggling to flip $20K to support

The positive gains recorded in the first ten days of July have all but disappeared on July 13 as Bitcoin (BTC) and the wider market slid back toward new yearly lows. Subdued... Read more »

Bitcoin to make new all-time-highs within 24 months: Coinshares CSO

Bitcoin (BTC) may have further to fall, but CoinShares chief strategy officer Meltem Demirors believes the top cryptocurrency will reach new all-time highs within the next 24 months. Speaking on CNBC’s Squawk... Read more »

SEC extends window to decide on ARK 21Shares spot Bitcoin ETF to August

The United States Securities and Exchange Commission has pushed the deadline to approve or disapprove ARK 21Shares’ Bitcoin exchange-traded fund to August 30. According to a Tuesday filing from the SEC, the... Read more »

Bitcoin price indicator that marked 2015 and 2018 bottoms is flashing

Bitcoin (BTC) could undergo a massive price recovery in the coming months, based on an indicator that marked the 2015 and 2018 bear market bottoms. What’s the Bitcoin Pi Cycle bottom indicator? ... Read more »

Capitulation ongoing but markets not at the bottom yet: Glassnode

Bitcoin wealth is being distributed from weak hands to strong hands due to ongoing capitulation from retail investors and miners, signaling that the bottom may be close. The latest ‘The Week On-Chain’... Read more »

Bitcoin risks new lows as $20K looms amid dollar euro parity

Bitcoin (BTC) headed for $20,000 after the July 11 Wall Street open amid fresh warnings to “prepare for new lows.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $20,300 eyed as next support... Read more »

Grayscale legal officer says Bitcoin ETF litigation could take two years

Asset management firms continue to fight for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States as regulators remain skeptical of the idea. Craig Salm, chief legal officer at asset manager Grayscale,... Read more »