Technical analyst Katie Stockton, founder of Fairlead Strategies, has predicted Bitcoin ($BTC) could soon see a relief rally that would be muted over the ongoing downtrend in the market. The analyst pointed to key support levels to watch. Stockton, while speaking with Bloomberg, noted that Bitcoin and most altcoins “have […]

The world’s largest bitcoin ($BTC) spot exchange-traded fund (ETF) saw outflows of over $500 million late last week, which could have triggered the flagship cryptocurrency’s crash to a low under the $18,000 mark. According to a research note from Norway-based Arcane Research, first reported by CoinDesk, the Purpose Bitcoin ETF […]

Chinese communication company, Phoenix New Media Limited (FENG), is trading 14% higher in the Tuesday market despite the company not posting any stock specific news to boost the stock. The rise, is understood to be powered by the recent news of Central Bank of China granting the Ant Group permission […]

Shares of The ODP Corporation (ODP) are down more than 15% Tuesday morning after the company announced its decision to not to divest the consumer business. The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses. ODP had previously announced […]

Summary: The Bybit crypto exchange is looking to reduce the organization’s size amidst the ongoing crypto winter. Bybit could reduce its workforce by a staggering 20% to 30% as it removes overlapping functions and build smaller agile teams. Affected employees will receive a severance package and access to Bybit’s employee […]

Key takeaways: Bitcoin miners sold 4,411 BTC in May as compared to 1,115 in April. Will Clemente of Blockware Intelligence has identified that Bitcoin miners are going offline as energy costs pressure margins. Veteran Bitcoin analyst, Will Woo, has pointed out that the typical signs of a BTC bottom are […]

The crypto markets have been moving in a lackluster manner for several months. Different industry participants are bracing for a crypto winter, and Bitcoin miners notorious for holding on to their Bitcoin rewards are being forced to sell to keep the lights on. However, Bitcoin mining firm Marathon Digital Holding […]

On Saturday (June 18), as the price of Bitcoin ($BTC) went below the $20K level for the first time since December 2020, macro-economist, trader, strategic advisor, and popular crypto analyst on Twitter Alex Krüger explained why this price level is so significant. According to data by TradingView, on crypto exchange […]

Results from a recent Bank of America (BofA) survey show that consumers are still enthusiastic about crypto and digital currencies as a form of payment.  According to a report by CoinDesk, earlier this week, BofA released a report showing that consumer interest in crypto has managed to rise despite the market […]

Summary: Arthur Hayes has penned a new blog post in which he hopes Bitcoin and Ethereum will not drop any further in the crypto markets. Mr. Hayes also admits his $27k to $25k Bitcoin floor and Ethereum’s $1.7k to $1.8k were obliterated by the ongoing sell-off. He also offers insights […]