Markets


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Deutsche Bank Says 52% of Its Investors Expect Bitcoin Below $60K in 12 Months

BTC upside is limited, and could halve in twelve-month's time, according to Deutsche Bank survey.

deutsche bank

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Bitcoin Holds Support, Approaching Resistance Around $60K

The daily relative strength index (RSI) is back in neutral territory after reaching overbought levels earlier this month.

BTC Daily Chart

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Bitcoin Rises Despite Dollar Strength as Elon Musk Adds BTC Payment Option

Tesla accepting bitcoin payments and running its own nodes is "massively bullish," according to one analyst.

BTC hourly chart

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Ex-Tether Exec Quigley Disappointed in Current Management, Urges Audits

Tether is its "own worst enemy" and needs to be audited, according to co-founder William Quigley.

Willam Quigley, co-founder of Tether, now runs the NFT marketplace WAX.

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Bitcoin Transfer Worth $806M Might Reveal Big Institutional Purchase

"My speculative guess is that institutions are buying bitcoin's price dip," one analyst said.

CryptoQuant chart shows the big transfer off of Coinbase Pro.

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'Thrill' and 'Status' Driving Young People to Crypto Investment, Says UK Financial Watchdog

These young investors "skew more towards being female, under 40 and from a BAME background," the regulator said.

crowd of people

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Bitcoin's Risk-Reward Ratio Suggests Bull Run Has Plenty of Scope to Continue

Bitcoin's "reserve risk" metric indicates the cryptocurrency is nowhere close to a major price top.

gold scale, exchange

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Bitcoin Breaks Below Short-Term Uptrend, Lower Support Around $50K

Bitcoin's uptrend continues to slow after breaking short-term support.

Four-hour BTC chart shows a break of uptrend support with lower support levels.

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Bitcoin Steadies Near $54K After Biggest Drop in a Month

The drop below $55,000 comes at a time when cryptocurrency fund inflows have been on the decline.

CoinDesk Bitcoin Price Index

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Cryptocurrency Fund Flows Decline as Bitcoin Price Trades Sideways

Crypto fund flows are slowing, which could suggest investor uncertainty about BTC's price.

Chart shows weekly crypto ETP flows.

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