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Bitcoin Sellers Exhausted, Accumulators HODL The Line
Bitcoin supply-side dynamics and on-chain indicators look to be as strong as ever, but macroeconomic headwinds remain for legacy and risk assets. The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine’s premium markets newsletter.… Read full article
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Bitcoin Exchange Outflows Reach Highest Value Since FTX Crash, Bullish?
On-chain data shows Bitcoin exchanges have registered the most significant outflows since the collapse of the crypto exchange FTX back in November. Related Reading: Bitcoin Investors Turn Greedy For First Time Since March 2022 Bitcoin Exchange Netflow Shows Deep Negative… Read full article
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Biden Administration Releases Roadmap To Mitigate Cryptocurrency Risks
The White House has unveiled a roadmap to reduce risks associated with the wider cryptocurrency industry. The Biden Administration has posted an official blog detailing its roadmap to mitigate the risks of cryptocurrencies. The roadmap starts by citing the 2022… Read full article
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Senator Ted Cruz Is Bringing Bitcoin To The Capitol With Vending Machines
The Texas Senator has introduced a resolution requesting Capitol vendors to accept bitcoin. Sen. Ted Cruz (TX-R) has proposed a resolution that would request vendors within the Capitol area to work with payments providers that accept bitcoin. The proposal specifically… Read full article
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DOJ Claims Sam Bankman-Fried Tried to Influence Witness Testimony, Asks for Communications Ban
Federal prosecutors wrote a letter to U.S. District Court Judge Lewis Kaplan on Friday, requesting that he modify the conditions of Sam Bankman-Fried’s bail to include ban on private communications with current and former employees of FTX and Alameda Research. Read full article
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Does the Crypto Market Have The Strength To Break To The Upside? QCP Capital Weighs In
The conditions of the cryptocurrency market have changed drastically; according to an analysis by QCP Capital, the options market in its current state makes the crypto industry look like a major crisis, such as the shutdown of crypto exchange FTX… Read full article
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WazirX Says Binance Lied About Ownership as Dispute About India’s Largest Exchange Escalates
The back-and-forth about the ownership of WazirX could have a devastating effect on the Indian exchange and its users. Read full article
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U.S. Institutions Are Driving Bitcoin Prices, Matrixport Research
Bitcoin prices have been on the rise in the last couple of weeks and the digital asset has been able to return to its November 2022 levels. This has been a much-needed boost for the market during this time, but… Read full article
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Bitcoin Holds Steady Above $23K as Traders Eye Fed’s Next Meeting
Bitcoin and ether have outperformed equities this year. The FOMC’s decision on rates looms large over markets. Read full article
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Crypto Glossary
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Shitcoin
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