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 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...

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...

Economist says El Salvador ‘on road to death’, salaries paid in e-CNY …

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Our Man in Shanghai has refused to let recent regulations slow down the news coming from China. Enterprise blockchain, central bank digital currencies and start up projects continue to make a positive impact in a region hoping to grow...

Bulls aim to reclaim $40K ahead of Friday’s $520M BTC options expiry

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Bitcoin (BTC) bulls have little reason to celebrate the 25% rally over the past nine days. After testing the $31,000 support on June 8, top traders' optimism faded, and even the recent $41,000 high was unable to boost their...

Not sure if the bulls are back? Here’s how the golden cross spots trend...

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The most important aspect in trading is to correctly identify the long-term trend. Once this is done, the rest of the steps are not very difficult because all a trader needs to do is look for buying opportunities in...

Bitcoin slips below $39K as Fed sends gold to 6-week lows

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Bitcoin (BTC) edged closer to $38,000 support on June 17 as comments from the United States Federal Reserve sparked a mass sell-off for gold.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin escapes gold's fateData from Cointelegraph Markets Pro and TradingView followed...

What to expect from Bitcoin as a legal tender

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For much of its life, Bitcoin (BTC) has been viewed mainly as a speculative financial instrument, but El Salvador’s dramatic move in making BTC a legal tender is a reminder that cryptocurrencies can play a role in uplifting the...

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NFT auction celebrating NFL star Rob Gronkowski drives $1.8M in sales

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NFL star Rob Gronkowski’s NFT drop has generated more than $1.8 million in primary sales on NFT market OpenSea.The Rob Gronkowski Championship Series NFT...