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Bitcoin price clings to $32K as on-chain metrics hint at further downside

China’s continued crackdown on Bitcoin mining and OTC transactions, along with prolonged technical weakness, triggered BTC’s drop to a 6-month low.

https://ct.com/9pxe
Bad call? Bitfinex bears closed a block of Bitcoin shorts before the drop below $32K

Bitcoin short positions at Bitfinex soared as BTC price dropped below $40,000, so why did the majority of them close before the largest part of the correction?

https://ct.com/9pxu
Bitcoin price bounces to $33K but analysts say ‘it’s too early’ to call a bottom

Dip buyers stepped in as Bitcoin price fell to $29,000 but analysts caution that China’s crackdown on BTC mining and a lack of buy volume mean the crypto market has not found a bottom yet.

https://ct.com/9pyp
Bitcoin price 'very near bottom' with $30K dip, says bullish institutional report

Stack funds draws attention to this week's $2.3 billion Bitcoin options expiry, with a potential change in sentiment coming thereafter.

https://ct.com/9pzn
3 reasons why Solana bounced harder than Bitcoin and Ethereum

The 14th largest cryptocurrency by market cap jumped by more than 55% after bottoming out at $20.14 on Tuesday.

https://ct.com/9pzz
Bitcoin holds $34K as Bloomberg likens $30K support to $4K in 2020 BTC price crash

Long-term outlooks remain bullish but traders are not ruling out more pain first.

https://ct.com/9q0k
Bitcoin bounce from $28.8K activates century-old financial model's bullish thesis

Bitcoin's recent push from under $30,000 to over $34,500 asserts hopes of a big price recovery ahead.

https://ct.com/9q15
Crypto market cap recovers $76B, altcoins rally after Bitcoin hits $34K

Bitcoin’s quick recovery to $34,800 ignited a rally in altcoins, boosting the total crypto market capitalization by $76 billion.

https://ct.com/9q1u
Price analysis 6/23: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC

The swift rebound in Bitcoin and altcoins indicates strong accumulation occurring at lower levels.

https://ct.com/9q25
Data shows derivatives had little to do with Bitcoin's drop to $29K

Bitcoin price shocked investors as it plunged 20% to a 6-month low, but data shows derivatives played a marginal role in the correction.

https://ct.com/9q2m
3 things traders are saying about Bitcoin and the state of the bull market

Contrarian Bitcoin analysts pinpoint three reasons why they are still bullish on BTC price for the short and long-term.

https://ct.com/9q2v
Bitcoin rejects at $34.5K as analysts reveal key resistance level to beat next

A retest of $37,000 is now expected but Bitcoin must cement it as support in order to send a clear bull message.

https://ct.com/9q44
New report suggests Ethereum holders, DeFi helping ETH from crashing below $1.7K

Total value locked across decentralized finance-enabled smart contracts has dipped 35% from its peak.

https://ct.com/9q4f
Bitcoin in uptrend but BTC may never beat gold's $10T market cap — ex-NYSE head

Thomas Farley, former chief operating officer of the New York Stock Exchange, is "sanguine" about recent price action.

https://ct.com/9q5c
Klaytn death cross debut coincides with a 57% KLAY price pump

Klaytn bulls ignored a deadly moving average crossover after assessing KLAY's upcoming listing on Binance.

https://ct.com/9q5s
Waiting game: Why Friday’s $6B in Bitcoin and Ethereum expiries may not move the market

Traders are looking for BTC and ETH to make a decisive move ahead of Friday's $6 billion in quarterly futures and options expiries, but what does back-tested data show?

https://ct.com/9q68
Echoing Cuban, Novogratz says DeFi should ‘play by the rules’, or ‘pay the piper’ later

Mike Novogratz suggests DeFi projects add KYC and AML features now instead of waiting on regulators to crack down on the entire sector.

https://ct.com/9q6r
Bitcoin hits $35K after Biden reveals infrastructure deal, Paraguay proposes BTC bill

Bitcoin price briefly traded above $35,000 as the stock market hit new highs and Paraguay aims to become the second country to adopt BTC as legal tender.

https://ct.com/9q72
Shanghai Man: China retains mining control? Alipay's ancient NFTs and Amber’s big raise

A look at miners shifting hardware overseas, Amber raises $100m, and Bitmain temporarily shuts down sales among dropping hashrate sales.

https://ct.com/9q7h
Bulls on parade: Galaxy Digital and Alameda pundits tip market recovery

Jason Urban, co-head of Galaxy Digital Trading thinks institutional adoption of crypto is in its early days and predicts BTC is set to reach new all-time highs once the FUD dissipates.

https://ct.com/9q7x
World's first Bitcoin ETF adds $3M per day throughout BTC price dip

The Purpose Bitcoin ETF now has over 21,000 BTC under management as the United States continues regulatory scrutiny.

https://ct.com/9q8j