#BTC News

Crypto liquidity hits new lows as the bull market begins
cryptopolitan.com Recently, a market analyst, Conor Ryder, CFA, examined the liquidity of the cryptocurrency markets. The liquidity issue was brought to light by market depth, spreads,…

can witness a further price hike if these factors are checked
ambcrypto.com None After a short decline, BTC managed to reclaim the $28,000 status. • None Several market indicators and metrics looked bullish; BTC’s RSI was overbought. For a short…

How Crypto Has Stayed in the Green During Banking Crisis
blockworks.co Bitcoin and ether have managed to stay in the green throughout the current banking crisis, even as regulatory pressures continue to mount. Trying to determine why and how…

Do Kwon Faces New Charges in U.S. and Montenegro
cryptobriefing.com Do Kwon is being accused by U.S. prosecutors of committing commodities fraud, securities fraud, wire fraud, and engaging in market manipulation. Yesterday the United States…

Cathie Wood Predicts Institutional Crypto Adoption
cryptodaily.co.uk ARK Invest CEO and BTC supporter Cathie Wood believes that major institutions will turn to Bitcoin amidst the U.S. banking crisis. Banking Troubles Can Help BTC In an…

Nasdaq to launch crypto custody service for BTC, ETH in 2023 to inaugurate digital assets arm
cryptoslate.com New York-based Nasdaq Stock Exchange is looking to launch a crypto custody service by the end of the second quarter, Bloomberg News reported on March 24. The exchange first…

Quant Explains How Bitcoin ‘ESR’ Can Act As Leading Indicator For Price
newsbtc.com A quant has explained using on-chain data how the Bitcoin Exchange Stablecoins Ratio (ESR) may act as a leading indicator for the price. Bitcoin ESR Has Shown Divergence…

Bitcoin Mempool Limit Nears Two-Year High on the Back of Ordinals Inscriptions Rejuvenation
beincrypto.com The Bitcoin Ordinals craze is bringing added stress to the mempool. The number of transactions in the waiting room is nearing a two-year high. The NFT rage appears to be…

The Countdown Begins: One Year to Go Before the Next Bitcoin Halving
beincrypto.com With just one year left before the much-anticipated Bitcoin halving event, experts and investors in the crypto industry are closely monitoring its potential impact on the…

Bitcoin’s Weekly Spot Volumes Registers New ATH
watcher.guru the original cryptocurrency, is seeing a surge in its spot and derivative volumes. In fact, last week we saw the biggest spot volume for BTC in its history. The development…

Whales Abruptly Move $195,231,414 in Shiba Inu Rival and Bitcoin From Top Crypto Exchange Amid Market Turbulence
dailyhodl.com Crypto whales are reportedly moving hundreds of millions worth of Bitcoin (BTC) and one Shiba Inu (SHIB) competitor out of a top crypto exchange as the markets respond to…

Bitcoin Holds Steady Above $28K, Ether Rises in Post Rate Hike Rally
coindesk.com was hovering above $28,000 Thursday as major cryptocurrency assets shrugged off the U.S. central bank’s 25-basis point rate hike and ongoing concerns about the banking…

Bitcoin: Evaluating the current market conditions in the wake of FUD
ambcrypto.com New data suggests that Bitcoin’s bull market could continue. • Short positions against Bitcoin rise as the MVRV ratio increases. Bitcoin has undergone substantial price…

BitGo, Sustainable Bitcoin Protocol Launch ESG-friendly Bitcoin-backed Token
blockworks.co As the price of bitcoin has stabilized in recent weeks, and notched a notable increase in performance terms over the past seven days, a new joint venture designed to…

Linus Tech Tips YouTube Channel Hacked to Promote Bitcoin Scam
watcher.guru The prevalence of cryptocurrency scams is a well-known issue. There are consistently a considerable number of innocent investors falling prey to these unscrupulous…

Terra’s Do Kwon Arrested in Montenegro
cryptobriefing.com Terra frontman Do Kwon was apprehended at Podgorica airport by Montenegrin police. He was previously believed to be hiding in Serbia. Six Months on the Run The law has…

loses grip on $28k as rate hike continues, undeterred
ambcrypto.com The FOMC increased interest rates by 0.25, leading to BTC’s price drop Bitcoin’s [BTC] price fell below the $28,000 threshold following the release of the U.S. Federal Open…

Why is Litecoin price up today?
cointelegraph.com emerged as one of the best-performing cryptocurrencies on March 23, surpassing its top-ranking rivals Bitcoin (BTC) and Ether (ETH). LTC price rallied 5.5% to reach an…

Bitcoin Currently Outperforms 97% of S&P 500 Companies and Gold in 2023, Analyst Expects Crypto Supercycle
coinspeaker.com Coinspeaker Bitcoin Currently Outperforms 97% of S&P 500 Companies and Gold in 2023, Analyst Expects Crypto Supercycle Commodity strategist Mike McGlone believes that a…

White House Says 'Bitcoin Has Not Announced Plans to Adopt Proof-of-Stake' in Wild Economic Report
dailyhodl.com The Biden Administration just released a new economic report that extensively covers Bitcoin and crypto, mentioning the two terms a whopping 305 times in total. The document…

$260M Liquidated Amid Bitcoin’s Rollercoaster Prompted by Fed’s Rate Hike: Market Watch
cryptopotato.com Bitcoin’s price went on an expected rollercoaster yesterday after the US Federal Reserve Chairman announced yet another interest rate hike. Most altcoins are deep in the red…

FTX Bankruptcy Estate to Claw Back $460M From Modulo Capital
coindesk.com Tracy is a deputy managing editor at CoinDesk. She owns BTC, ETH, MINA, ENS, USDC, and some NFTs. Don't miss "FTX: What Happened" with the former president of FTX's U.S. arm…

BTC and wBTC whales are signaling to HODLers: Should you harken
ambcrypto.com None BTC and wBTC whales have been more active than usual in recent weeks as BTC prices continue to rise. • None Long-term holders have reached a breakeven point, signaling…

Bitcoin Under $27k As Short-Term Holders Lock Record Profits
bitcoinist.com Bitcoin has dropped below $27,000 as short-term holders have locked in the highest profits since the November 2021 all-time high. Bitcoin Short-Term Holder Realized Profit…

Deribit Bitcoin Options Open Interest Hits All-time High
blockworks.co Notional open interest on the largest centralized crypto derivatives exchange hit a record high Wednesday, with demand for bitcoin options leading the way amid a turbulent…

Bitcoin Sinks Below $27K as Federal Reserve, Powell Keep Focus on Inflation
coindesk.com Hear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023. Hear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at…

bulls undeterred by macro mayhem, new report shows
ambcrypto.com In its new report, Galaxy found that BTC traders have remained optimistic. • On-chain data suggests that BTC’s price could rise further if positive conviction remains. While…

SEC Sues Jake Paul for 'Illegally Touting' Justin Sun-Linked Cryptos
coindesk.com Danny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL. Internet personality Jake Paul was sued by the Securities and Exchange Commission over his…

Bitcoin, Ethereum Mixed After Fed Continues Tightening with Quarter-Point Rate Hike
decrypt.co The Federal Reserve said on Wednesday that it would raise interest rates by a quarter of a percent (or 25 basis points), pushing forward with its campaign to quell inflation…

miners see green: Will there be a relief in selling pressure
ambcrypto.com Bitcoin miners are seeing profits due to increased BTC prices and decreased transaction costs. • Retail interest is high, but the influence of BTC whales could lead to price…

Federal Reserve Hikes Rates Up by 25 Basis Points Despite Banking Turmoil
cryptobriefing.com Despite Silicon Valley Bank’s implosion, the Federal Reserve has elected to keep tightening monetary conditions in the United States. The Federal Reserve is pushing on in…

Bitcoin Climbs Above $28,500, Fed Decision Will Fuel The Rally?
newsbtc.com The Bitcoin price continues to record new yearly highs as the cryptocurrency goes on a bullish rampage. There is no resistance level capable of containing BTC bulls, while…

Bitcoin Transfers Rise, But Exchange Activity Remains Flat
bitcoinist.com Data shows that Bitcoin transactions have grown in number recently, but exchange deposit and withdrawal transfers have only moved sideways. Bitcoin Transaction Count Has…

for $500,000: Is This Reasonable or Absurd? Major Exchange Executive Asks
u.today The chief marketing officer at OKX, Haider Rafique, invited the public to vote on whether his five proposed possible future developments for Bitcoin (BTC) have merit or are…

Bitboy Says XRP Pumping Not Without Reason
thecryptobasic.com Bitboy Reacts to XRP Price Pump, Is There a Hidden Reason Behind It? XRP surged as much as 21% in the last 24 hours. Prominent crypto YouTuber Ben Armstrong aka Bitboy has…

Bitcoin’s banking crisis surge will ‘attract more institutions’: ARK’s Cathie Wood
cointelegraph.com The value proposition of Bitcoin (BTC) is on full display amid the current banking crisis, which will only “attract more institutions” to the BTC market over time, ARK…

Bitcoin Whale Activity Reaches Highest Weekly Levels Of 2023
newsbtc.com On-chain data shows the Bitcoin whales have continued to be active recently, with the last week being their 2023 week with the highest average activity. Bitcoin Whales Are…

Bitcoin Price Rally Aligns With ‘Healthy Uptick’ in On-chain Metrics
blockworks.co A shift away from quantitative tightening and a fresh expansion of the US Federal Reserve’s balance sheet has industry majors bitcoin (BTC) and ether (ETH) riding high. Both…

Bitcoin May Have Kicked off a ‘Supercycle’
thecryptobasic.com The asset has significantly outperformed gold this year. Bloomberg Intelligence Senior Macro Strategist Mike McGlone has asserted that Bitcoin shows indications of a…

Fidelity and BlackRock Expands into BTC and ETH Space amid Crypto Prolonged Winter
coinspeaker.com Coinspeaker Fidelity and BlackRock Expands into BTC and ETH Space amid Crypto Prolonged Winter As the crypto winter persists, with investors beginning to lose hope in a…

Bitcoin Breakout in Sight As BTC Flashes 2019-Style Accumulation, According to Top Analyst
dailyhodl.com A crypto strategist who continues to build a following from timely Bitcoin (BTC) calls believes the king crypto is mirroring its early 2019 price action when it entered a…

Visa: Token bridges were a favored target for thieves in 2022
cointelegraph.com According to the global payment provider Visa, 2022 became a record-breaking year for cryptocurrency thefts, with over $3 billion stolen in on-chain thefts. Cryptocurrency…

Analyzing Bitcoin’s [BTC] unprecedented rally and market reaction
ambcrypto.com None BTC has experienced an unprecedented rally, with the crypto market following suit to a large extent. • None Traders’ reactions have, however, been mixed, with rising…

SpankChain’s Crypto Payment Service for the Adult Industry Shuts Down
cryptopotato.com SpankPay, a cryptocurrency payment service by Ethereum-based adult entertainment platform SpackChain, has closed down after crypto payment provider Wyre terminated the…

breaks free: Will recent spike leave bear market behind
ambcrypto.com BTC’s price has jumped by over 30% in the last week. • On-chain data brought up the coin’s exit from bear market territory. Exchanging hands at $27,524 per coin at press…

Why Ethereum Could See Further Rise After Bitcoin Rally Ends
bitcoinist.com On-chain data suggests Ethereum is in a better long-term growth position than Bitcoin and could thus see gains even after BTC’s rally ends. Ethereum Exchange Reserve Hasn’t…

$1 Million For 1 Bitcoin Possible Says This Report, Here’s Why
newsbtc.com Bitcoin continues its upward trend as the global banking sector faces a crisis; the cryptocurrency has seen its best performance year to date. The BTC price has been pushing…

$28.7k Could Be Next Level To Break For Bitcoin, Here’s Why
newsbtc.com On-chain data suggests the $28,700 mark, which Bitcoin has yet to hit since the LUNA collapse, could be the next major obstacle to clear for the asset. Bitcoin Has Been…

Governor Ron DeSantis Wants to Outlaw CBDCs in Florida
cryptobriefing.com Florida Governor Ron DeSantis is looking to take steps to prevent residents of the Sunshine State from having CBDCs imposed on them. Central bank digital currencies are…

Bitcoin Network Preps for Another Difficulty Spike as Hashrate Remains Strong and Miners Profit Amid Price Surge
bitcoin.com Following the last two difficulty increases on the Bitcoin network, another rise in difficulty is expected to take place on March 24, 2023. Statistics show that Bitcoin’s…

Why BTC outflows persist despite renewed hopes for crypto comeback
ambcrypto.com BTC’s outflows continue to grow despite renewed hope in the crypto ecosystem. • As Shanghai Upgrade draws nearer, investors shy away from Ether products. According to a new…

Bitcoin Miners Find Relief As Revenues Spike To Highest Since June 2022
bitcoinist.com Data shows Bitcoin miners have found some relief recently as their mining revenue has now shot up to the highest level since June 2022. Bitcoin Mining Revenues Have…

OKX Releases Fifth PoR Report with $8.9B in Clean Assets, Plans to Halt Canadian Branch
cryptopotato.com Pushing on the new industry standard to boost transparency, OKX released its fifth proof-of-reserves (PoR) report. The latest edition demonstrated that the Seychelles-based…

Assessing Bitcoin’s hashrate and network difficulty as BTC drops
ambcrypto.com None Bitcoin’s hashrate and network difficulty could increase from their ATHs. • None Miners’ fees have improved, but total revenue remained underwater at press time.…

PapayaHub to release an NFT collection with access to exclusive webcam content
ambcrypto.com According to the initiative’s description, the collection will consist of 2,000 limited edition digital cards with bright female characters, each with their own style and…

Bitcoin boasts safe-haven characteristics during economic uncertainty: Galaxy
cryptoslate.com According to new data from the digital asset management company Galaxy, Bitcoin (BTC) is the best-performing asset of the year compared to equities, fixed-income securities,…