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BTC

The most well-known cryptocurrency, based on the proof-of-work blockchain. Bitcoin was created in 2009 by a mysterious creator, Satoshi Nakomoto, and its technology outlined by the white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.”

Bitcoin Still Needs Time to Form a Resilient Bottom, Glassnode Suggests
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Bitcoin Still Needs Time to Form a Resilient Bottom, Glassnode Suggests

A report from Glassnode suggests the Bitcoin (BTC) market still has not touched the bottom, despite capitulation happening.

Bitcoin Looks Set to Make the Highest Weekly Surge Since March
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Bitcoin Looks Set to Make the Highest Weekly Surge Since March

Bitcoin (BTC) has been sluggish for the past couple of weeks, but this might change because it is on course for its highest weekly gain since March.

Following a Bullish Breakout, Will Bitcoin Touch $25K Level?
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Following a Bullish Breakout, Will Bitcoin Touch $25K Level?

After experiencing notable back and forth around the psychological price of $20,000, Bitcoin got a sigh of relief after pumping to mid-June levels of $22K.

Bitcoin Lightning Network Hits ATH, Signalling Heightened Grounds for Adoption
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Bitcoin Lightning Network Hits ATH, Signalling Heightened Grounds for Adoption

The Bitcoin Lightning Network continues going through the roof by making historic highs.

Beauty App Meitu’s Crypto Holdings Evaporated Up to $50m in H1
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Beauty App Meitu’s Crypto Holdings Evaporated Up to $50m in H1

Meitu, a Hong Kong-listed beauty app, announced an interim net loss between $41.1 million and $52.3 million in H1 ( representing a loss of up to 154.1%). The firm attributed its loss to acquired cryptocurrency impairment.

Is Bitcoin Market Sentiment Shifting from Fear to Capitulation?
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Is Bitcoin Market Sentiment Shifting from Fear to Capitulation?

As Bitcoin (BTC) continues hovering around the $20K zone, market sentiment might be changing from fear to capitulation.

Is Bitcoin Gearing Up for Consolidation Before Triggering a New Bullish Cycle?
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Is Bitcoin Gearing Up for Consolidation Before Triggering a New Bullish Cycle?

With Bitcoin (BTC) hovering around the 200-week moving average (MA), some analysts believe that the top cryptocurrency might be laying grounds for a ranging market that would, later on, prompt a bullish cycle.

Bitcoin Touches $21K amid Fed's Interest Rate Hike Hitting a 28-Year High
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Bitcoin Touches $21K amid Fed's Interest Rate Hike Hitting a 28-Year High

Bitcoin (BTC) was up by 2.90% in the last 24 hours to hit $21,782 during intraday trading, with news about the Federal Reserve’s interest rate increase of 75 basis points (bps) making airwaves.

As Bitcoin Stares at the Psychological Price of $20,000, Will it Hold?
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As Bitcoin Stares at the Psychological Price of $20,000, Will it Hold?

After months of consolidation between the $28K and $32K zone, a bullish or bearish run was imminent, and Bitcoin (BTC) has taken the latter route.

Is Fed’s Interest Rate Hike the Biggest Impediment to Bitcoin’s Bullish Outlook?
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Is Fed’s Interest Rate Hike the Biggest Impediment to Bitcoin’s Bullish Outlook?

With speculations high that the Federal Reserve (Fed) will increase the interest rate by 75 basis points (bps) on June 15 to tame inflation, this might dent Bitcoin’s bullish outlook as the leading cryptocurrency continues to trade at an 18-month low.

Bitcoin Enters the Deepest Phase of the Current Bear Cycle as Price Slips to an 18-Month Low
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Bitcoin Enters the Deepest Phase of the Current Bear Cycle as Price Slips to an 18-Month Low

After briefly slipping to the $21K zone, Bitcoin (BTC) continues to trade at levels last seen in December 2020. Glassnode believes BTC is entering the deepest part of the present bear cycle, given that even long-term holders are experiencing losses.

Bitcoin Transferred $98,769 of Value for Just $1 in Fees Last Month, Analyst Says
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Bitcoin Transferred $98,769 of Value for Just $1 in Fees Last Month, Analyst Says

Despite the consolidation happening in the Bitcoin market, the leading cryptocurrency has emerged as an efficient settlement network based on the low fees charged.

Bitcoin Needs Upward Catalyst to Exit the Current Range as Scepticism Mounts, Says Expert
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Bitcoin Needs Upward Catalyst to Exit the Current Range as Scepticism Mounts, Says Expert

The retracement to the $29K zone has jeopardized the much-anticipated Bitcoin (BTC) recovery as skepticism engulfs the market.

Despite Interest Rate Hike, Bitcoin is at an Inflection Point - Bloomberg Strategist
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Despite Interest Rate Hike, Bitcoin is at an Inflection Point - Bloomberg Strategist

As Bitcoin continues ranging between the $29K and $30K zone, the leading cryptocurrency’s inflection point is at $30,000, according to Mike McGlone, the senior commodity strategist at Bloomberg Intelligence.

Entities Holding Less Than 100 BTC are the Best Survivors amid LUNA's Liquidation
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Entities Holding Less Than 100 BTC are the Best Survivors amid LUNA's Liquidation

In a bid to salvage the LUNA and UST crash, the Luna Foundation Guard (LFG) liquidated 80,081 BTC, but these coins were received with open arms by entities holding less than 10,000 Bitcoins.