Bitcoin price falls below $37K amid little hope of a definitive weekend bounce

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Bitcoin (BTC) broke below $37,000 during trading on June 18 in the latest short-term bearish sign for hodlers.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuyers no match for BTC bearsData from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it hit...

Goldman Sachs to offer Bitcoin futures trading in partnership with Galaxy Digital

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Goldman Sachs has debuted a Bitcoin (BTC) futures trading product for its client in collaboration with crypto investment giant Galaxy Digital.According to CNBC, the move marks the first time the Wall Street bank has partnered with a digital asset-based...

Bitcoin’s correlation with gold and stocks is growing

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Bitcoin (BTC) is an uncorrelated asset, or so the narrative used to go. For much of Bitcoin’s lifetime, it existed as something of value to a very small group of people. Now, awareness and demand are accelerating rapidly. So,...

Bitcoin pinned below $38K as investors stash record $756 billion with Fed

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Bitcoin (BTC) suffered as investors moved a record amount of cash in Federal Reserve's overnight facility after the central bank started paying interest on the money.The U.S. central bank received $756 billion via its reverse repurchase program from nearly...

Banking giant BBVA debuts Bitcoin trading and custody for Swiss clients

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Banco Bilbao Vizcaya Argentaria (BBVA) — Spain’s second-largest bank — is set to offer Bitcoin (BTC) trading and custody services in Switzerland.According to a release issued on Friday, BBVA Switzerland will begin Bitcoin trading for all private banking clients...

Russian oligarch Deripaska blasts Bank of Russia for ignoring Bitcoin

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Russian industrial tycoon Oleg Deripaska is the latest figure to criticize the Bank of Russia’s stance on cryptocurrency regulation in the country.Deripaska took to his official Telegram channel on Thursday to blast the Russian central bank for pressuring the...

Miami mayor offers city’s clean nuclear power to Chinese Bitcoin miners

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With Bitcoin (BTC) mining concentration expanding in North America, Miami mayor Francis Suarez is looking to position his city as a hub for crypto mining activity.Speaking to CNBC on Thursday, Mayor Suarez said he is inviting foreign mining companies to...

Has the Doge had its day? Dogecoin interest cools

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Dogecoin (DOGE) hogged the spotlight on a tightly crowded stage throughout most of 2021, as Bitcoin (BTC) and the wider cryptocurrency market climbed to new all-time highs. Fueled by the social media flirtation of an eccentric billionaire, and the...

Bitcoin price completes leg down to $37.4K as key indicator hits record ‘oversold’ level

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Bitcoin (BTC) broke through $38,000 support on June 18 but a reversal at solid support already has traders seeking fresh upside.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin buy wall sees big testData from Cointelegraph Markets Pro and TradingView showed BTC/USD...

Goldman Sachs analysts divided over whether Bitcoin is an ‘investable asset class’

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Wall Street investment bank Goldman Sachs has made another U-turn on its stance toward Bitcoin as it struggles to define the asset’s investment status.The investment bank flip-flopped again in its approach to cryptocurrencies with a report issued earlier this...

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Bitcoin fees remain low despite price surge but Vitalik says they...

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Despite Bitcoin’s surge to re-test its 2017 highs, a combination of low on-chain transactions and diminished retail speculation has seen transaction fees remain low.The...