Hi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
All Articles 5,288
An analysis suggests that Bitcoin (BTC) is structurally positioned such that it is difficult to generate short-term upside momentum despite large-scale capital inflows. The assessment is that selling pressure has accumulated excessively in on-chain d
As Chinese regulators reaffirmed their crackdown stance on virtual assets (cryptocurrencies), the possibility of limited permissibility has been raised only for real-world asset tokenization (RWA) projects. By contrast, analysis suggests stablecoins
The founders of decentralized social media platform Farcaster have joined stablecoin startup Tempo. The move marks a shift into the stablecoin space following Farcaster’s sale. According to crypto industry outlet The Block on the 9th (local time), Fa
Jump Trading, a crypto-asset (cryptocurrency) market-making firm, is set to secure stakes in the decentralized prediction-market platforms Polymarket and Kalshi. The deal is described as a strategic partnership agreement contingent on providing liqui
An analysis suggests that as XRP has slipped below the average cost basis of all holders, stop-loss selling is spreading. On-chain indicators show realized losses widening, reinforcing a bearish trend. According to Glassnode on the 9th (local time),
As some U.S. state governments move to regulate prediction-market platforms as gambling, decentralized prediction-market platform Polymarket has filed a lawsuit against the state of Massachusetts. According to The Block, a cryptocurrency-focused medi
The US government has advised US-flagged vessels transiting the Strait of Hormuz to avoid Iranian waters. With recent incidents involving threats to ships by Iran, concerns over maritime security are resurfacing. According to Walter Bloomberg on the
Solana (SOL) has formed a head-and-shoulders pattern—widely viewed as a classic bearish signal—raising the prospect of further declines. With a break below key support confirmed on technical analysis, a pullback to below $50 is being discussed. On th
The three major U.S. stock indexes are trading mixed. The Nasdaq Composite Index was up 0.36% from the previous session at 23,113.06 points as of 00:14 on the 10th. The Dow Jones Industrial Average was down 0.27% at 49,981.55 points, while the S&P 50
The three major U.S. stock indexes ended the session higher. The Nasdaq Composite on the 7th rose 2.18% from the previous day to 22,031.21 points. The Dow Jones Industrial Average gained 2.47% to 50,115.67, and the S&P 500 advanced 1.90% to close at
US Treasury Secretary Scott Bessent moved to clarify President Donald Trump’s remarks about rate cuts and a strong-dollar policy. He said Trump’s comment about dismissing Kevin Warsh, the president’s pick for Fed chair, was made in jest. According to
An analysis has found that Bitcoin (BTC) and gold are assets that play different roles depending on the market cycle. The explanation is that in bull markets Bitcoin acts as a return-seeking vehicle, while in bear markets gold serves as a defensive t
As the US Federal Reserve (Fed) considers introducing payment accounts that would allow crypto (virtual asset) and fintech firms to access the Fed’s payments network, a large number of related comment letters have been submitted. According to crypto-
UK web developer Smarter Web Company has reaffirmed that it has no plans to sell its Bitcoin (BTC) holdings. Andrew Webley, CEO of Smarter Web Company, told Bloomberg in an interview on the 6th (local time) that he is firmly committed to holding, say
A sharp selloff in crypto assets has pushed the US government’s unrealized losses on its strategic Bitcoin (BTC) holdings close to $5 billion, according to reports. According to Walter Bloomberg, a breaking-news account, on the 6th (local time), Bitc
An analysis has emerged suggesting that much of the key negative news has already been largely priced in, following the recent sharp sell-off across the digital asset (cryptocurrency) market, including Bitcoin (BTC). According to The Block, a digital
After Bitcoin (BTC) regained $60,000, buying by US investors was spotted, pushing the Coinbase premium into positive territory for the first time since mid-January this year. Julio Moreno, chief analyst at CryptoQuant, wrote on X (formerly Twitter) o
The three major U.S. stock indexes are trading higher. As of 03:28 on the 7th, the Nasdaq Composite was up 1.88% from the previous session at 22,964.87. The Dow Jones Industrial Average was up 2.09% at 49,932.87, while the S&P 500 was up 1.63% at 6,9
Bitcoin (BTC) has briefly given up the $70,000 level. As of 03:25 on the 7th, BTC is trading at $69,554.39 on Binance’s Tether (USDT) market, up 5.63% from the previous day.
Bitcoin (BTC) has briefly recovered the $71,000 level. As of 02:48 on the 7th, BTC was trading at $71,176.78 on Binance’s Tether (USDT) market, up 6% from the previous day.
Digital asset (cryptocurrency) financial services firm Galaxy Digital has approved a share repurchase program of up to $200 million. The buyback is set to be carried out in stages over the next 12 months. According to foreign media reports on the 6th
ARK Invest, led by Cathie Wood, has made a large-scale sale of Coinbase (COIN) shares. The move is drawing market attention as it comes shortly after additional purchases. According to Decrypt, a crypto-focused media outlet, on the 6th (local time) A
Bitcoin (BTC) briefly recovered the $70,000 level. As of 01:55 on the 7th, BTC was trading at $70,175.47 on Binance’s Tether (USDT) market, up 2.29% from the previous day.
Paul Krugman, a Nobel laureate in economics and a professor at the City University of New York, recently said the latest plunge in Bitcoin (BTC) prices is different in nature from past episodes. He argued that the decline is not a simple market corre
Bitcoin (BTC) briefly regained the $69,000 level. As of 00:51 on the 7th, BTC was trading at $69,049.99 on Binance’s Tether (USDT) market, up 2.25% from the previous day.
As the digital asset (cryptocurrency) market undergoes a sharp, broad-based price correction, Tether’s chief executive officer (CEO) posted a symbolic video. According to crypto-focused outlet U.Today on the 6th (local time), Paolo Ardoino, CEO of Te
Bitfarms, a Bitcoin (BTC) mining company, saw its shares jump sharply after saying it will shift its corporate identity into an artificial intelligence (AI) infrastructure company. On the 6th (local time), cryptocurrency-focused media outlet CoinDesk
An analysis suggests that as the price of Bitcoin (BTC) drops below the average cost of mining, profitability pressure on mining companies could intensify. Cryptocurrency-focused outlet Decrypt, citing on-chain analytics firm CryptoQuant, reported th
Bitcoin (BTC) hashprice, a measure of mining profitability, has fallen to an all-time low, raising the prospect of a sharp decline in the next difficulty adjustment. On the 5th (local time), Bloomberg, citing data from crypto mining services firm Lux
Amid ongoing panic selling in the bitcoin (BTC) market, the relative strength index (RSI) has fallen to near record lows. Given similar past episodes, the possibility of a rebound is being discussed. According to CoinDesk, a media outlet specializing