- Barrons.com
Bitcoin Is Rising. Why Prices Need to Hit This Key Level to End Crypto Worries.
The biggest cryptocurrency remains below its 50-day moving average, which is an important technical level. Brace for moves this week amid inflation data releases.
- Barrons.com
Why Almost Everyone Was Wrong About the Bitcoin ‘Halving’
The halving is a change to Bitcoin’s programmatic monetary policy which cut in half the issuance of new tokens, restricting supply.
- Barrons.com
Bitcoin Falls. Here’s How Much Is Flowing Out of Spot ETFs.
Bitcoin and other cryptocurrencies were losing ground Wednesday. hit a record high near $74,000 in mid-March amid a surge of interest from new spot Bitcoin exchange-traded funds (ETFs) but its price has dropped since then. “Factors such as spot ETF inflows and the amount of circulating supply being held by investors rather than being sold, which contributed to the price rise to the record high … have recently turned ‘negative’ and put pressure on the price,” wrote Simon Peters, an analyst at eToro, in a research note on Wednesday.
