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BTC

Abu Dhabi Sovereign Wealth Fund Tripled BTC Bet Before Market Drawdown

Abu Dhabi Sovereign Wealth Fund Tripled BTC Bet Before Market Drawdown

4 weeks ago by Crypto InsightsCrypto

Al Warda Investments, an investment vehicle overseen by the Abu Dhabi Investment Council (ADIC), more than tripled its holdings of BlackRock’s iShares Bitcoin Trust ETF (IBIT) in the third quarter as bitcoin BTC$91,630.84 headed toward October’s record high. The 230% increase took its investment to… Read More

Market Turns Defensive as BTC Loses Its Bid

Market Turns Defensive as BTC Loses Its Bid

4 weeks ago by Crypto InsightsCrypto

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin… Read More

Investment Manager Says Market Views ETH as ‘More Risky’ Than BTC

Investment Manager Says Market Views ETH as ‘More Risky’ Than BTC

1 month ago by Crypto InsightsCrypto

Ether ETH$3,097.40 traded below $3,100 on Sunday during a broader pullback in digital assets. The token was recently near $3,066 at 9:36 p.m. UTC, down 3.4% over the past 24 hours. It briefly fell through the $3,100 level on Bitstamp at about 4 p.m. UTC,… Read More

Market Slips Into ‘Extreme Fear’ After BTC Fails to Hold $100,000

Market Slips Into ‘Extreme Fear’ After BTC Fails to Hold $100,000

1 month ago by Crypto InsightsCrypto

Crypto market sentiment has deteriorated sharply, with the Fear & Greed Index dropping to 10, a level indicating “extreme fear,” marking a near nine-month low as it’s the lowest reading since late February. The plunge in sentiment follows a week of losses across major cryptocurrencies,… Read More

How Low Bitcoin (BTC) Price Can Fall? Analyst Sets $84K as Downside Target

How Low Bitcoin (BTC) Price Can Fall? Analyst Sets $84K as Downside Target

1 month ago by Crypto InsightsCrypto

Bitcoin BTC$94,871.97 saw no bounce Friday, holding at session lows below $95,000 late in the U.S. day after a bruising week that dragged prices to their lowest since May. The largest cryptocurrency is again underperforming U.S. stocks, with major U.S. indices holding onto minor gains… Read More

BTC Dips 0.9% as Heavy Volume Breakdown Tests Key Support

BTC Dips 0.9% as Heavy Volume Breakdown Tests Key Support

1 month ago by Crypto InsightsCrypto

According to CoinDesk Research’s technical analysis data model, bitcoin BTC$102,458.40 retreated in measured fashion during Tuesday’s trading session, sliding from $103,177 to $102,203 while carving out clear bearish structure after probing session highs above $105,300. The world’s most valuable cryptocurrency moved within a hefty $3,289… Read More

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