This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin bulls are optimistic that the U.S. dollar's broader sell-off will continue in the second…
Bitcoin is currently moving within a descending channel a persistent bearish structure that began on May 22, when it hit a high of $112,000. After reaching this level, the…
Publicly traded companies are rapidly building bitcoin reserves, buying more of the largest cryptocurrency than U.S. exchange-traded-funds (ETF) for the third straight quarter, according to CNBC.Corporations increased their bitcoin…
July 4 is an integral part of US history, labeled as the Independence Day of the US. With the US president keeping no stone unturned to strengthen the US economy,…
The premium in bitcoin futures listed on the global derivatives giant Chicago Mercantile Exchange (CME) has narrowed sharply, a sign of reduced institutional appetite.The annualized premium in rolling three-month…
Arkham statistics indicate that top asset giant BlackRock purchased $3.85 billion of Bitcoin (BTC) in June alone.This action affirms BlackRock's strong belief in this cryptocurrency and hints at an increase…
As Asia opens the Wednesday trading day, bitcoin is changing hands above $105.5K, a slight correction from $107K, where it sat during the U.S. business day.Despite the geopolitical upheaval…
Hut 8 Corp. filed with the SEC that its majority-owned subsidiary, American Bitcoin Corp., has raised $220 million in a private stock placement with accredited investors, with a portion of…
Bitcoin slid on Tuesday as weakness in U.S. tech stocks appeared to spill over into crypto markets.The crypto asset fell about 1% over the past 24 hours, trading at $106,175…
The Securities and Exchange Commission (SEC) has approved the conversion of Grayscale’s Digital Large Cap Fund (GDLC) into a spot exchange-traded fund (ETF), a filing shows.The fund tracks the price…