Arthur Hayes explains why Fed rate cuts aren't helping Bitcoin
The flow of money has gone from treasury bills into higher-yielding reverse repos, according to the former BitMEX boss.
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Institutional Bitcoin buying may soon price out retail — LONGITUDE panel
Bitcoin has emerged as the only 'true hedge' against geopolitical risk, Animoca Brands' co-founder said at Cointelegraph's LONGITUDE event in Dubai. Retail investors are running out of time to accumulate Bitcoin as institutional adoption accelerates, according to Sergej Kunz, co-founder of exchange aggregator 1inch. Bitcoin (BTC) is evolving into an alternative reserve currency, propelling institutional

China Strikes Down 10% of Global BTC Hashrate, Who Will Pick Up The Slack?
Citing the increase in illicit crypto-related activities, the provincial government of Sichuan moves to stamp out 10% of the global Bitcoin hashrate. 3091 Total views 40 Total shares The government of China’s Sichuan province moves to stamp out Bitcoin (BTC) mining activity, citing that growing cryptocurrency prices have led to the escalation of illegal activity…

$43K BTC flipping support? Not anytime soon, according to derivative metrics
Bitcoin (BTC) showed strength on March 22, posting a 5% gain and testing the $43,000 resistance. The move liquidated over $150 million worth of leverage short positions, those betting on a declining price using futures contracts.Some Twitter analysts attribute the price improvement to the Do Kwon, the co-founder of blockchain protocol Terra. During a recent…

Can XRP price hit $1? Watch these levels next
The price of XRP (XRP) has skyrocketed in the aftermath of a federal court ruling saying that its sales on crypto exchanges complied with U.S. securities laws.On July 14, XRP price retreated by about 10% to $0.76, but compared to its lowest price the previous day, it was still up around 65%. Related: Why is…

Key Bitcoin chart ‘will confirm bottom is in’ by July 15, says trader
Bitcoin (BTC) is due to give a definitive signal that a macro bottom is in this month, one analyst has concluded.In a Twitter thread on July 6, popular commentator Wolf eyed key moving average data as proof that BTC price action will not be going lower.Key chart crossover eyed as end to bear market lossesAmid…

Tim Draper: “Kamala Harris Can Learn Crypto”
Whether she will or not is another matter. Sen. Kamala Harris, who was recently chosen to be U.S. presidential candidate Joe Biden's running mate, may not be crypto savvy yet, but Tim Draper believes she can learn.Harris is a native Californian whose political career has largely focused on her home state. She served as San…

Miami Heat’s Jimmy Butler seeks dismissal from Binance promo class suit
Lawyers for the basketball star claim he did not mention any alleged securities but instead warned of celebrities promoting crypto investments. 239 Total views 3 Total shares Professional basketball player Jimmy Butler has asked to be dismissed from a class-action lawsuit targeting celebrities involved in the alleged promotion of unregistered securities by Binance, saying tweets…

Price analysis 5/3: BTC, ETH, BNB, XRP, DOGE, ADA, DOT, UNI, LTC, BCH
Ether (ETH) has been the star performer among major cryptocurrencies in the past few days as its rally has continued unabated. The second-largest cryptocurrency by market capitalization crossed the $3,300 today sending projects market cap to $381.6 billion. Ether has now become the 24th largest asset in the world, vaulting the project above blue-chip names like Mastercard,…