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Bitcoin
Bitcoin Upside Stalls Near Resistance; Support at $33K-$34K
The month-long consolidation and declining volume suggest a volatile price move could occur as traders await confirmation of a decisive breakout.
Bitcoin Price Consolidation May Be Nearing the End, Indicator Suggests
The cryptocurrency saw big moves in December and April after the Bollinger bandwidth fell to 0.15.
Ether Could Overtake Bitcoin as Store of Value, Goldman Sachs Says
While bullish on ether, Goldman denied cryptos' superiority to gold when it came to taking the top spot among safe-haven assets.
Bitcoin Miner Profitability Could Double After Record Drop in Network Difficulty
Mining economics have improved significantly, according to one analyst.
Market Wrap: Bitcoin Consolidates Amid China Crackdown
China’s announcement preceded choppy price moves around $34,000, which left traders with little sense of direction.
Leveraged Funds on CME Trim Bets Against Bitcoin
"This probably has more to do with leveraged funds hedging their long positions in GBTC shares using the CME futures,” one trader said.
Axie Profiting From Booming NFT Economy as Bitcoin Struggles
The boom in the play-to-earn economy comes amid falling yields in the bitcoin and DeFi markets.
Bitcoin Rangebound at Support; Resistance at $36K
Minor support is seen at $33,000, which is near the 100-day moving average on the four-hour chart.
Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown
Bitcoin fell from $35,100 to nearly $34,000 after the news started doing the rounds on Twitter.
UBS Says Regulatory Crackdown Could Pop 'Bubble-Like Crypto Markets': Report
Though it was looking to offer crypto to wealthier clients in May, the bank is now warning clients to avoid it altogether.
