💹Few Signs of Upward Momentum as #Bitcoin Holds $20K
🌐Analysts say wider economic improvements are needed for sustained growth.
🍀After climbing to a #weekend high of $21,868, bitcoin (BTC) retraced its gains today.
✅From #GBTC Discount to Short #Bitcoin#ETF, Traders See Reasons for Optimism
✈️It's hard to imagine that data showing traders piling into a trade designed to profit from further bitcoin price declines might be bullish, but that's how some analysts are interpreting the signal.
☸️Grayscale #Bitcoin Trust's 'GBTC Discount' Narrows With #ETF Decision on Horizon
💹Shares of the GBTC are trading at a discount of 29% to #bitcoin’s price, down from 34% last week – and there's all sorts of speculation on what it means.
#Crypto Assets Stabilize as #BTC Retakes $20K
#Bitcoin traded at $20,900 in the afternoon, while some altcoins surged on positive news and improved sentiment.
💹#DeFi’s Resilience During the #Market Slowdown; #Bitcoin Slumps Near $20K
🟢DeFi apps have avoided any massive on-chain liquidations, surprises or smart contract failures, even as #crypto markets have shed value.
💹#Bitcoin Holds Steady Over 20K; #USDC's ‘Flippening’ of #USDT and the Continued Stablecoin Bear Market
✈️#Ether and most major altcoins spent much of the day in the green; a crisis in confidence has put pressure on the USDT peg.
💠#Bitcoin Holds Above $20K Amid Light Trading
🌐U.S. equity #markets were closed in celebration of the Juneteenth holiday.
✈️Bitcoin (#BTC) was recently trading just above $20,100, roughly flat for the past 24 hours.
💠Former SEC Chair Jay Clayton Talks Rapidly Evolving #Crypto Regulation Landscape
☸️The former securities regulator joined Grayscale CLO Craig Salm to take a look back at his time heading the SEC, and a look forward at where regulation is headed in the future
❇️💠Bottom Has Not Been Reached for #Crypto, but Capitulation Is Needed
✡️✈️The rally in #bitcoin and other major #cryptocurrencies after the Fed meeting on Wednesday proved short-lived.
🥳🌐#⃣Fed Hikes Rates at Highest Level Since 1994, #Bitcoin Rallies After
💹☸️✅The #cryptocurrency fell to $20,270 after the Fed's statement but rebounded shortly after.
🌐🥳SEC Launches Inquiry Into Insider Trading at #Crypto Exchanges: Report
🟢✈️The agency has sent a letter to at least one major #crypto exchange asking about its safeguards, according to Fox Business.
✅#NY City Mayor Eric Adams Wants State's Governor to Veto 2-Year Moratorium on PoW #Mining: Report
#⃣The city's pro-#crypto mayor plans to ask Gov. Kathy Hochul to veto a bill that would stop proof-of-work mining for two years.
#Crypto Market Cap #Falls Below $1T for First Time Since Early 2021
#Btc lost some 13% of its value in the past 24 hours
The market capitalization for #cryptocurrencies fell by some 12% in the last 24 hours to nearly $970 billion on Monday morning, data from CoinMarketCap shows.
🥳#Bitcoin and #Stocks Drop; Analysts See Risk of Further Downside
💹#Bitcoin could approach lower support at $25K-$27K with greater price volatility.
🌐Global markets were in risk-off mode on Friday, sending stocks and #cryptos lower.
🥳#Cryptos Rise With Altcoins in the Lead
💹#BTC was roughly flat over the past 24 hours, compared with a 10% rise in #HNT and #LINK.
✅Bitcoin (BTC) was roughly flat on Thursday, confined to a tight trading range as traders await a decisive breakout or breakdown in prices.
🌐🌐#CFTC Chief Heaps Praise on Bill That Boosts Agency’s #Crypto Reach
*⃣*⃣*⃣*⃣Chairman Rostin Behnam supports the contours of the Lummis-Gillibrand regulatory bill released this week.
🌐🌐Outgoing #French Lawmaker Calls for Fossil-Based #Crypto#Mining Ban, DAO Legal Status
✈️✈️#Europe needs to stop dithering and capture the crypto opportunity, Pierre Person says
✈️#Cryptos Climb Amid Lower Volatility; Sentiment Improves
🥳So far, #BTC has avoided significant price drops. But option traders are protecting against the downside.
💹Bitcoin (#BTC) was up by 4% over the past 24 hours as volatility continued to fade.
🌐#Bitcoin and Other #Cryptos Tick Up in Weekend Trading
💹#Ether and #other major altcoins are slightly in the green as investors continue to look for clarity on the direction of the global economy; stablecoins face increasing scrutiny.
💹#Bitcoin Stuck Below $34K Resistance, Support at $20K-$25K
#⃣Short-term price action is stabilizing but expect a rise in volatility.
☸️#Bitcoin (BTC) continues to face strong resistance at its 50-day moving average, which currently sits at $34,000.