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    Bitcoin to Sub-$20,000 Next? Here’s What Options Markets Say About the BTC Price Outlook

    Cryptocurrency markets have slipped on Tuesday in tandem with US stock prices as US yields and the US dollar rise in wake of hawkish commentary from US Federal Reserve Chairman Jerome Powell at the first day of his semi-annual testimony before the US Congress on Tuesday.

    Key Indicator of Bitcoin Market Profitability Turns Bearish – Here’s What That Means for the BTC Price

    A key indicator of profitability in the Bitcoin market just turned negative, a bearish sign according to some analysts. In wake of Bitcoin’s latest price dip back to the $22,000 area, the 30-day Simple Moving Average of the average Spent Output Profit Ratio (aSOPR) recently fell back below 1, as seen in the below chart presented by crypto data analytics firm Glassnode.

    45% of S Korean Crypto Users Predict a Bitcoin Price Rise This Week

    Almost half of South Korean crypto holders think Bitcoin (BTC) prices will rise this week, a survey has found.

    Bitcoin Miners Prepare for Upcoming Difficulty Increase in the Face of Market Uncertainty

    Bitcoin (BTC) miners are preparing for another difficulty adjustment this week, as the computational power required to mine new coins reaches its highest level ever.

    Coinbase Exec: Altcoin Markets Attracting Institutional Investors Amid Bitcoin and Ethereum Dominance

    While bitcoin (BTC) and ethereum (ETH) remain the top coins, altcoins are still drawing significant interest from institutional investors, argued David Duong, Head of Institutional Research at major crypto exchange Coinbase.

    Today in Crypto: Xapo Bank Partners with Lightspark & Integrates Lightning Network, Ethereum Shanghai Fork Pushed Back, Casper Labs’ Long-term Partnership with SkyBridge &...

    Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________

    Bitcoin Bulls Getting Excited as Key On-chain Metrics Trend Higher – Further BTC Price Rally Incoming?

    Bitcoin bulls are licking their lips as they look at various widely followed metrics of on-chain activity. The world’s first cryptocurrency and largest by market capitalization is already up over 40% this year, but that rally could extend in the months ahead if positive on-chain trends continue, assuming macro headwinds as the US Federal Reserve continues to tighten monetary policy don’t get too severe.

    Number of Bitcoin Wallets With At Least 1 BTC Could Soon Hit a Million – How Could That Impact the BTC Price?

    Bitcoin bear markets are almost always viewed in a negative light. Net worth evaporates and more recent investors in the world’s largest cryptocurrency by market capitalization often find themselves deeply in the red on their initial investment.

    The Bitcoin Market’s Return to Profitability in 2023 is a Massive BTC Bull Signal, Widely Followed On-chain Indicator Suggests

    Bitcoin’s ferocious January price rally launched much of the market back into profitability for the first-time months. The Bitcoin market’s return to profitability is seen in the resurgence in the price, last at around $23,500, above the so-called “Realized Price”, which is the average BTC price at the time when each BTC token last moved.

    Bitcoin Volatility Expectations Fall Sharply After BTC Price Failure to Break $25K

    This time last week, Bitcoin looked like it might be on the verge of mustering a key short-term bullish breakout. The world’s largest cryptocurrency by market capitalization had formed a bullish short-term ascending triangle pattern and looked like it was about to break above the key $25,200-400 area, opening the door for a quick run higher towards the next major area of resistance around $28,000.

    Alameda Gap Persists as Stunted Liquidity Holds Back Crypto Market

    February is ending, but the 'Alameda Gap' is not.

    Bitcoin Short Bets Are Building – Here’s What That Means for the BTC Price

    Short Bitcoin investment products saw an inflow of nearly $10 million last week, according to CoinShares’ latest Digital Asset Fund Flows Weekly Report. That took month-to-date flows to $14 million. Meanwhile, over the same time period, long Bitcoin investment products saw an outflow of close to $12 million, taking month-to-date outflows of $16.8 million.

    Next Bitcoin Halving Just Over One Year Away – Here’s What Could Happen to the BTC Price

    The next Bitcoin halving, where the BTC reward delved out to network validators per block mined will be halved, is coming up in just over one year and this could be a key theme in the Bitcoin market in the coming quarters. That’s because past halvings have consistently had a huge price impact.

    Rich Dad Poor Dad Author Robert Kiyosaki Says He Buys Bitcoin Because He doesn’t «Trust» U.S. Dollar

    Robert Kiyosaki, a world-renowned entrepreneur and author, has revealed that he buys more Bitcoin as he doesn't trust the U.S. dollar, which he termed as "fake."

    Bitcoin Price Dips On Hot US Inflation Data, But BTC Bulls Can Take Solace in These Bullish Options Market Signals

    Bitcoin was last trading lower by over 3.0% on Friday in the low $23,000s, with BTC/USD falling back under its 21DMA for the first time in nearly two weeks in wake of a hotter-than-expected US Core PCE inflation report that raises the risk the US Federal Reserve lifts interest rates to higher levels for longer. MoM and YoY price pressures both unexpectedly rose in January, according to the latest report, to 0.6% and 4.7% respectively.

    More Rate Hikes to Come, According To Latest Fed Meeting Minutes – Here’s What That Means For Crypto

    More interest rate hikes are coming from the US Federal Reserve. At least, that was the takeaway from the recently released minutes of the 1st of February meeting of the Federal Open Market Committee (FOMC) earlier this Wednesday. This could be a major medium-term headwind for crypto.