Bitcoin - Crypto News And Market Updates

Illustration showing retail investor fear, uncertainty, and doubt surrounding Bitcoin market moves.

Bitcoin Stuck Below $27K as Traders Brace for Breakout or Sell-Off

May 20, 2023 Gonzalo

Bitcoin is stuck under $27,000 following Jerome Powell’s remarks, with analysts warning of a looming breakout or sell-off as volatility tightens across crypto markets.

BlackRock-themed Bitcoin illustration with gold and market elements, representing institutional views on Bitcoin’s long-term value.

Bitcoin Ordinals Minting Fees Surge 700% in One Month, Totaling $38.2 Million

May 20, 2023 Gonzalo

Bitcoin Ordinals minting fees hit $38.2 million, rising 700% in one month as text-based inscriptions dominate and BRC-20 tokens expand.

Illustration representing Fidelity’s crypto strategy in Europe, combining Bitcoin symbolism with regulatory and institutional finance elements.

Fidelity’s European Chief: “We’ll Stay in Crypto, But Won’t Tell Everyone to Buy Bitcoin”

May 20, 2023 Gonzalo

Fidelity will remain in crypto but avoid promoting Bitcoin due to volatility and regulation concerns, says Managing Director Christian Staub.

Illustration representing a courtroom scene linked to a Bitcoin-related kidnapping case, emphasizing justice and legal consequences.

Vietnam Court Sentences Two Men to Life for $1.5 Million Bitcoin Kidnapping

May 20, 2023 Gonzalo

Vietnam court sentences two men to life in prison and 14 others to up to 19 years for kidnapping and stealing $1.5 million worth of Bitcoin.

Illustration depicting Bitcoin price action testing the 200-day moving average, highlighting a critical market decision point.

Bitcoin Faces Make-or-Break Week as Price Retests 200-Day Moving Average

May 20, 2023 Gonzalo

Bitcoin’s next move may define its trend as it retests the 200-day MA. A breakout could spark a rally, while failure risks a drop to $25k.

Experts Weigh In: How a U.S. Debt Default Could Impact Bitcoin and Stablecoins

May 19, 2023 Gonzalo

Experts predict a U.S. debt default could send investors to Bitcoin as a safe haven, while stablecoins may face selling pressure and volatility.

Bitcoin price chart showing sideways movement, representing market consolidation and analysis of Bitcoin trading ranges.

Bitcoin Mining Difficulty Hits Record 48.71T Despite Falling Prices and Profit Margins

May 19, 2023 Gonzalo

Bitcoin mining difficulty reaches a record 48.71T and hashrate hits 348.6 EH/s, showing network resilience amid declining BTC prices and mining profitability.

Illustration showing Bitcoin price going down, with a Bear in front, showing FUD of the crowd

Why This Bitcoin Cycle Is Different: Analyst Warns Against Blind Faith in Past Recoveries

May 18, 2023 Gonzalo

Bitcoin’s past recoveries may not repeat, warns Dan Ashmore, as the crypto faces its first real test amid global rate hikes and a cooling stock market.

Ran Neuner Dumps Altcoins for Bitcoin, Predicts BTC Will Surpass Gold as Global Safe Haven

May 18, 2023 Gonzalo

Ran Neuner liquidates his altcoins, calling Bitcoin the next global safe haven that could surpass gold and dominate the next crypto bull market.

Illustration depicting Bitcoin mid-cycle phase with price structure, accumulation signals, and market depth visuals.

Bitcoin Hovers Above $27.2K as Bears Test Support Levels – April 21, 2023

May 18, 2023 Gonzalo

Bitcoin slips below the 21-day SMA, hovering near $27.2K as bearish pressure builds. Analysts expect BTC to consolidate between $27K and $29K.