Hodler’s Digest, May 29-June 4

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much... Read more »

Bitcoin’s move to $32.4K was a fakeout — Here’s the price level most BTC traders are waiting for

The end of the first week in June brought more pain to global financial markets as the tech-heavy Nasdaq composite closed the day on June 3 down 2.3%, while the S&P 500... Read more »

5 reasons why Bitcoin could be a better long-term investment than gold

The emergence of forty-year high inflation readings and the increasingly dire-looking global economy has prompted many financial analysts to recommend investing in gold to protect against volatility and a possible decline in... Read more »

Stocks surge, altcoins give back their gains and dollar strength may push Bitcoin lower

Between May 23 and 27, the equities markets had an impressive run, with the tech-heavy NASDAQ (NASDAQ: QQQ) ETF up over 7% and the S&P 500 (NYSE: SPY) up over 6.50%. However,... Read more »

Bitcoin bounces to $30.7K as analyst presents Stock-to-Flow BTC price model rehash

Bitcoin (BTC) climbed to fresh local highs overnight into June 3 after United States equities cut losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Wall Street provides short-term relief Data from Cointelegraph... Read more »

This classic Bitcoin metric is flashing buy for first time since March 2020

Bitcoin (BTC) bulls may only need a pair of simple moving averages (SMAs) to determine if the bottom is in this halving cycle. In a Twitter thread on June 2, Checkmate, lead... Read more »

Major crypto firms reportedly cut up to 10% of staff amid bear market

Gemini, a cryptocurrency trading platform founded by brothers Cameron and Tyler Winklevoss, is the latest industry firm to lay off a significant part of its staff due to unfavorable market conditions. Winklevoss’... Read more »

Bitcoin daily mining revenue slumped in May to eleven-month low

Bitcoin mining revenue and profitability have continued to slide along with the asset’s price this year as the crypto winter deepens. May has been one of the worst months for Bitcoin miners... Read more »

Canadians buy the dip as Purpose Bitcoin ETF holdings reach new highs

Despite May’s price correction, which took Bitcoin (BTC) as low as $23,800, institutional investors seem unwilling to lose confidence in the cryptocurrency. The Purpose Bitcoin ETF, launched in February 2021, has been... Read more »

Computer scientists and academics pursue efforts to stop crypto lobbying in US

Anti-crypto technology experts urged United States lawmakers to resist the influence of pro-crypto lobbying efforts.  Bruce Schneier, a lecturer at Harvard, reportedly said that blockchain advocates’s claims are “not true.” He added... Read more »