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Market analysis, price movements, and trading insights

Sen. Mark Warner says he’s in ‘crypto hell’ as Senate works to revive stalled market structure bill

Sen. Mark Warner says he’s in ‘crypto hell’ as Senate works to revive stalled market structure bill

Sen. Mark Warner said he feels like he's stuck in "crypto hell" as the Senate Banking Committee tries to revive stalled talks.

Bitcoin is the third most oversold ever, says one indicator, and violent upside could be next

Bitcoin is the third most oversold ever, says one indicator, and violent upside could be next

The Relative Strength Index (RSI), a popular technical trading indicator, has plunged to 17. Only the bear market bottom in 2018 and the 2020 Covid crash saw lower reads.

Strategy ($MSTR) Falls 15% as Investors Brace for Earnings Call

Strategy ($MSTR) Falls 15% as Investors Brace for Earnings Call

Bitcoin Magazine Strategy ($MSTR) Falls 15% as Investors Brace for Earnings Call Shares of Strategy dropped sharply Thursday, tumbling more than 15 % in heavy trading as markets reacted to deepening...

JPMorgan: Bitcoin is Now a More Attractive Investment Than Gold Long Term

JPMorgan: Bitcoin is Now a More Attractive Investment Than Gold Long Term

Bitcoin Magazine JPMorgan: Bitcoin is Now a More Attractive Investment Than Gold Long Term Bitcoin’s long-term investment case relative to gold has strengthened, according to JPMorgan, even as the cr...

The Daily: ‘Bears in control’ as bitcoin drops toward $65K, Binance denies issuing cease-and-desist letter over insolvency claims, and more

The Daily: ‘Bears in control’ as bitcoin drops toward $65K, Binance denies issuing cease-and-desist letter over insolvency claims, and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

The v2 Transport: Bitcoin P2P Traffic Goes Dark

The v2 Transport: Bitcoin P2P Traffic Goes Dark

Bitcoin Magazine The v2 Transport: Bitcoin P2P Traffic Goes Dark For nearly 15 years, all communication between nodes on the Bitcoin network was transmitted completely in the clear, without any encry...

Tom Lee's BitMine Hits 7-Month Stock Low as Ethereum Paper Losses Reach $8 Billion

Tom Lee's BitMine Hits 7-Month Stock Low as Ethereum Paper Losses Reach $8 Billion

Shares in publicly traded Ethereum treasury firm BitMine Immersion Technologies have fallen to a seven-month low as unrealized losses mount.

JPMorgan says bitcoin could reach $266,000 ‘long term’ as it looks more attractive than gold

JPMorgan says bitcoin could reach $266,000 ‘long term’ as it looks more attractive than gold

That target is “unrealistic” this year, but possible “over the long term” once negative sentiment reverses, according to the analysts.

Bitcoin Crash Could Deepen to $38K, Say Analysts—Here's Why

Bitcoin Crash Could Deepen to $38K, Say Analysts—Here's Why

Bitcoin has already tumbled far from its October high, but history suggests the rout could deepen before momentum shifts, according to Stifel.

Treasury Secretary: Crypto 'Nihilists' Who Say They Don't Need Clarity Act 'Should Move to El Salvador'

Treasury Secretary: Crypto 'Nihilists' Who Say They Don't Need Clarity Act 'Should Move to El Salvador'

Scott Bessent also appeared to empathize with the banking lobby’s concerns about the bill during Senate testimony on Thursday.

Three signs that Bitcoin price is near ‘full capitulation’

Three signs that Bitcoin price is near ‘full capitulation’

Panic selling by short-term holders, extreme fear, and oversold RSI suggested that BTC could be nearing the final phase of capitulation.

U.S. Treasury's Bessent calls out crypto 'nihilists' resisting market structure bill

U.S. Treasury's Bessent calls out crypto 'nihilists' resisting market structure bill

Treasury Secretary Bessent said market participants who don't want strong regulation should "move to El Salvador."