1. Home
  2. Bitcoin

Category: Bitcoin Analysis

Why did Bitcoin drop? Analysts point to 5 potential reasons

Why did Bitcoin drop? Analysts point to 5 potential reasons

Bitcoin’s price fell approximately 8% in a span of 10 minutes, leaving crypto investors scrambling to make sense of the drop. Follow up <!–> –><!–> Join us on social networks –> Elon Musk’s SpaceX reportedly selling its Bitcoin (BTC) holdings, the bankruptcy of a Chinese property giant, and fears of…

Bitcoin price briefly dips below $26K, falling to two-month lows

Bitcoin price briefly dips below $26K, falling to two-month lows

The price of Bitcoin fell around 8% in just 10 minutes on Aug. 17, down to levels not seen since June 20. Breaking news <!–> –><!–> Join us on social networks –> The price of Bitcoin (BTC) fell around 8% in a span of 10 minutes, causing the cryptocurrency to dip…

SpaceX sold $373M worth of Bitcoin acquired in 2021-2022: Report

SpaceX sold $373M worth of Bitcoin acquired in 2021-2022: Report

Elon Musk announced in 2021 that SpaceX had some Bitcoin holdings following an SEC filing showing Tesla planned to purchase $1.5 billion worth of the cryptocurrency. News <!–> –><!–> Join us on social networks –> Aerospace technology firm SpaceX reportedly sold roughly $373 million worth of Bitcoin (BTC) it acquired…

Bitcoin price breaks from range with drop below $28K, and options tilt toward BTC bears

Bitcoin price breaks from range with drop below $28K, and options tilt toward BTC bears

About $570 million in weekly BTC options expire on Friday, and the recent macro and crypto news events have further tilted the advantage to bearish traders. Market Analysis <!–> –><!–> Join us on social networks –> On Aug. 16, Bitcoin closed below $29,000 for the first time in 56 days.…

Bitcoin support levels to watch as BTC price aims at $28K

Bitcoin support levels to watch as BTC price aims at $28K

BTC price still has “heavy support” at the $28,000 mark, with confidence still in place that Bitcoin can avoid a deeper retracement. Markets News <!–> –><!–> Join us on social networks –> Bitcoin (BTC) is struggling to avoid further losses this week as an extended sideways trading period risks ending…

Bitcoin bulls risk trading range loss as BTC price nears 2-month lows

Bitcoin bulls risk trading range loss as BTC price nears 2-month lows

Bitcoin almost breaks down from its sideways construction in place for months, and Bitcoin bulls are struggling to prop up the market. Market Update <!–> –><!–> Join us on social networks –> Bitcoin (BTC) targeted two-month lows on Aug. 17 as United States inflation returned to spook cryptocurrencymarkets. BTC/USD 1-hour…

Bitcoin mining researchers claim new tech ups winning hash chance by 260%

Bitcoin mining researchers claim new tech ups winning hash chance by 260%

UK-based research company Quantum Blockchain Technologies has developed algorithmic search methods that boost Bitcoin mining efficiency and reward probability, CEO Francesco Gardin says in an interview. News <!–> –><!–> Join us on social networks –> Quantum Blockchain Technologies (QBT), a research company based in the United Kingdom, has developed artificial…

CME Group to launch BTC, ETH reference rates aimed at Asia’s investors

CME Group to launch BTC, ETH reference rates aimed at Asia’s investors

CME reported nearly half of its crypto volume year to date came from non-U.S. trading hours and around 11% from the Asia Pacific region. News <!–> –><!–> Join us on social networks –> Derivatives marketplace CME Group is launching Bitcoin (BTC) and Ether (ETH) reference rates for the Asia Pacific…

Coinbase futures approval seen as a major win amid the war on crypto

Coinbase futures approval seen as a major win amid the war on crypto

The recent approval allows Coinbase to join the ranks of major derivative exchanges in the United States, CME, and CBOE. Follow up <!–> –><!–> Join us on social networks –> The approval for America’s largest digital asset exchange, Coinbase, to offer crypto futures to U.S. retail customers is being seen…

Bitcoin price will surge past $150K if spot ETFs are approved: Analyst

Bitcoin price will surge past $150K if spot ETFs are approved: Analyst

Even if the filings for Bitcoin spot ETFs are rejected, Lee predicts Bitcoin’s halving event will still push up BTC’s price — but not to six figures. News <!–> –><!–> Join us on social networks –> The price of Bitcoin (BTC) will surge past an eye-watering $150,000 by the end…