Trading
Year of the Rabbit could signal a Bitcoin bull run
2023 has already been an encouraging start for Bitcoin, and the Lunar New Year could keep the bullish momentum going
Samuel Wan 2 min read
BTC
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The latest Bitcoin news today — live BTC price updates, mining developments, halving cycles, ETF flows, and institutional adoption headlines. CryptoSlate’s editorial team covers Bitcoin around the clock, from on-chain data and technical analysis to regulation and macro context, with breaking stories added throughout the day.
Bitcoin Price $79,061.53
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Crypto
CryptoSlate Daily wMarket Update: Axie Infinity records surprise 40% gains
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Tokenization
Bitcoin back to 15th-largest market cap following fall to 26th in 2022
With $441.53 billion, BTC holds the 15th largest market cap, while ETH climbs back to 56th place from 77th.
Latest Bitcoin News & Analysis
Adoption
Coinbase CEO suggests BTC as alternative to proposed new S. American currency ‘sur’
Argentina and Brazil are preparing a joint venture to establish a shared common currency to remove reliance on US Dollar.
NFTs
Axie Infinity AXS rises 42% despite imminent token unlock
Axie Infinity's average player numbers have dropped to a November 2020 low, according to Active Player data.
Analysis
Metrics indicate bullish sentiment as illiquid Bitcoin supply reaches 80%
MVRV-Z and Realized Price charts agree that the market bottom has been reached.
Mining
ASIC financing debt worsened Bitcoin miner’s liabilities in 2022: Report
With earnings going from high to low in 2022, some miners struggled to pay the dues, resulting in more defaults, distressed asset sales, and acquisitions than ever before.
Bear Market
Bitcoin up 50% from bear market low outperforming SPY, Gold
Bitcoin crashes through $23k as the bear market rally continues
Analysis
Differentiating Bitcoin from the rest of the crypto market: Part 1
Bitcoin has an intended use case as a new, global, digital, decentralized, permissionless, non-custodial, and apolitical monetary and financial system that rewards and protects savers much more than the current central banking system.
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Investments
Former head of FTX.US raises $5M from Coinbase, Circle for a new crypto startup
Crypto
CryptoSlate Daily wMarket Update: Crypto market unshaken despite Genesis bankruptcy
Bear Market
Crypto markets hold steady in face of Genesis bankruptcy filing
Mining