btc
Why is Bitcoin Pulling Back?
Osprey Funds founder and CEO Greg King analyzes the crypto markets and his outlook as bitcoin continues to fade after last week’s sell-off from the $52,000 resistance level, and the upside appears to be limited given signs of slowing momentum.
Anthony Scaramucci Maintains $100K BTC Prediction
Anthony "The Mooch" Scaramucci, founder of SkyBridge Capital and the SALT Conference, joins "First Mover" live from the conference to discuss crypto's role in the event and what he hopes to achieve. He also shares insights into launching a new Algorand fund and "Flatter," a platform for NFT art, collectibles, and experiences. Plus, his take on institutional activity in crypto, his bullish outlook for bitcoin, and El Salvador's Bitcoin Law.
Week Ahead: What’s Next for El Salvador’s Bitcoin Law With Lightning Network Playing Big Role
CoinDesk’s Tech Managing Editor Christie Harkin and Markets Managing Editor Brad Keoun discusses what’s to come next week in the world of bitcoin as the price of BTC consolidates and El Salvador has officially rolled out its Bitcoin Law with the Lightning Network playing a critical role.
What Caused This Week's Flash Crash?
The Week in Review panel for "All About Bitcoin" discusses the potential catalyst for this week's crypto markets flash crash. Plus, taking a look at this past week's stories making waves in the cryptocurrency space: BTC mining difficulty is recovering, node adoption for Taproot has gone over 50%, and the SEC is cracking down on Coinbase.
El Salvador Already Bought 550 BTC
El Salvador is on a bitcoin buying spree, having purchased 550 BTC as the Central American country’s bitcoin law went into effect Tuesday, officially adopting bitcoin as legal tender. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Bitcoin Buying Opportunities to Watch
Mario Gomez Lozada, co-founder of crypto options and derivatives platform PowerTrade, discusses his reading of the crypto markets and explains key buying opportunities to watch for bitcoin. "I think we've seen a good pullback," Lozada said. "I don't think it's going to fall that much further." Plus, insights into BTC flows, spot activity, and ETH.
Where Is Bitcoin Headed?
A new bitcoin four-hour price chart reveals the relative strength index (RSI) is oversold, which typically precedes a price bounce. However, the RSI is neutral on the daily and weekly chart, suggesting a period of consolidation between $42,000 support and $50,000 resistance could persist.
What Triggered This Week's Market Correction?
Messari research analyst Aidan Mott discusses the potential catalyst behind this week's market correction, explaining why his outlook for bitcoin remains positive despite recent "rapid cascading liquidations" across the crypto markets. "We're seeing a healthy rebound into more normal territories," Mott said. Plus, insights into institutional activity.
Bitcoin Rangebound Ahead of $48K-$50K Resistance
Bitcoin is stuck in a tight range as sellers take a breather from this week’s sell-off.
Crypto Futures Saw Record $10B Worth of Liquidations Sunday
Forced closure of long positions or bullish trades accounted for over $3 billion, or over 90% of total liquidations Tuesday, which shows the leverage was excessively skewed bullish across the board. Liquidations happen when trades cannot fulfill margin requirements for holding long/short positions and often exacerbate bullish/bearish moves.