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Analysis

Bitcoin’s historic ‘Uptober’ trend faces challenges amid high futures interest, cooling spot buys

Bitcoin’s (BTC) usual strong performance in October is threatened by high open interest in futures contracts and flattening buying activity by spot investors, according...
Analysis

Bitcoin climbs to $66,000, marking best September performance in history

Bitcoin (BTC) surged past $66,000 on Sept. 27 as New York opened for trading, reaching a two-month high to record its best September performance...
Analysis

Hong Kong looks to become global OTC crypto center with new EU style reporting

Hong Kong’s financial regulators have announced plans to harmonize the city’s over-the-counter (OTC) derivatives reporting regime, including crypto derivatives, with international standards. The Hong...
Analysis

Bitcoin daily close above $65,000 is ‘pivotal’ to start an upward movement – Kraken

Bitcoin (BTC) is currently testing a key resistance level at $65,000 that is “pivotal” to market sentiment, according to a recent report published by...
Analysis

Bitcoin’s correlation with global liquidity outshines gold and stocks

Bitcoin (BTC) moves in sync with global liquidity 83% of the time, surpassing all other major asset classes, according to a report by venture...
Analysis

Altcoin season fever infects analysts calling for bullish movement as Bitcoin hits $64k

According to several crypto analysts, altcoins are exhibiting a notable breakout, hinting at a potential shift toward an altcoin-dominated market phase. Analysts observed that...
Analysis

Analysts remain divided on Q4 outlook despite Bitcoin rally following rate cuts

Bitcoin (BTC) is up 5.4% over the past seven days, fueled by the US Federal Reserve’s 50 basis point interest rate cut. However, industry...
Analysis

BlackRock’s head of digital assets says Bitcoin is risky, but still a ‘risk-off’ asset

BlackRock head of digital assets Robbie Mitchnick believes the crypto industry has made a marketing blunder when it comes to Bitcoin (BTC). Mitchnick said...
Analysis

Ethereum price surge lifts Lido TVL by 10% despite 26k ETH withdrawals

Lido Finance reported that its total value locked (TVL) increased by 10.83% over the past week, reaching $25.18 billion as of Sept. 23. This...
Analysis

Bitcoin could continue to consolidte under $65,200 in the near term – Bitfinex

Bitcoin (BTC) is approaching its Aug. 25 high of $65,200, a resistance threshold that could hold BTC in a consolidation zone for more weeks,...
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