A key metric that measures momentum in the Bitcoin price just fell to its weakest level since March.
Last week, Bitcoin’s Z-score to its 200-Day Moving Average fell under 1.0, where it has remained more or less ever since.
That means that the current Bitcoin price is only just under one standard deviation above its average daily closing price over the past 200 days….
Read More: This Metric of Bitcoin (BTC) Price Momentum Just Fell to its Lowest Since March – Is Now a Good Time to Buy?

A key metric that measures momentum in the Bitcoin price just fell to its weakest level since March.
Last week, Bitcoin’s Z-score to its 200-Day Moving Average fell under 1.0, where it has remained more or less ever since.
That means that the current Bitcoin price is only just under one standard deviation above its average daily closing price over the past 200 days….
Read More: This Metric of Bitcoin (BTC) Price Momentum Just Fell to its Lowest Since March – Is Now a Good Time to Buy?

Amid the dwindling venture capital investing in the crypto and blockchain industry, Bitcoin start-up firm, River, has secured a $35 million Series B funding. 
River took to Twitter to share its excitement about the development.
According to the announcement, a notable venture capitalist firm, Kingsway Capital, led the Series B funding round. …
Read More: Bitcoin Startup River Raises $35 Million in Funding Round Supported by Billionaire Peter Thiel

Amid the dwindling venture capital investing in the crypto and blockchain industry, Bitcoin start-up firm, River, has secured a $35 million Series B funding. 
River took to Twitter to share its excitement about the development.
According to the announcement, a notable venture capitalist firm, Kingsway Capital, led the Series B funding round. …
Read More: Bitcoin Startup River Raises $35 Million in Funding Round Supported by Billionaire Peter Thiel

Tether, the world’s largest stablecoin issuer by market capitalization, said it is planning to invest 15 percent of its net profits into bitcoin to strengthen its reserves. 
Tether said it expects the move to “strengthen and diversify” its reserves of its $1 pegged stablecoin, in a statement released on Wednesday….
Read More: Tether Plans 15% of Its Net Profits Into Bitcoin in Move of Confidence

An indicator that has reliably triggered ahead of the last three major Bitcoin bulls markets looks like it is about to turn green.
Bitcoin’s Realized Price – the average price at the time at which each coin last moved – looks like it will soon cross above the Realized Price of Long-term Holders, according to a chart presented by Blockware Solutions in their weekly newsletter citing Glassnode data….
Read More: This Key On-chain Indicator Will Soon Join the List of Those Signalling a Bitcoin (BTC) Bull Market is Here

Asset management firm Valkyrie filed an application to a US regulator to launch a leveraged bitcoin futures ETF with an interesting ticker symbol.
The Valkyrie Bitcoin Futures Leveraged Strategy ETF, with the ticker symbol BTFD, would not invest directly in bitcoin, and instead seeks to benefit from increases in the price of bitcoin futures contracts, according to a document on Monday filed with the Securities and Exchange Commission. …
Read More: Valkyrie Goes for a Leveraged Bitcoin Futures ETF Dubbed ‘BUFD’ in Regulatory Filing

American billionaire hedge fund manager Paul Tudor Jones said bitcoin has a “real problem” due to unfriendly regulation in the US, in a recent interview with CNBC.
“Bitcoin has a real problem because in the United States, you have an entire regulatory apparatus against it,” Jones said. 
Appearing on CNBC’s Squawk Box on Monday, the infamous trader spoke about his investments in bitcoin and said he planned to stick with it. …
Read More: Bitcoin Has a Problem in the US Says Prominent Hedge Fund Manager Paul Tudor Jones

Last Friday was a historic day for the Bitcoin network.
For the first time in Bitcoin’s history, the number of wallet addresses holding at least 1 BTC entire token surpassed one million….
Read More: Number of Bitcoin Wallets With At Least 1 BTC Hits 1 Million – Smart Money Still Moving In?

The price correlation between Bitcoin (BTC) and Ether (ETH) has dipped below 80% for the first time since November 2021, new data from crypto researcher Kaiko shows.
According to Kaiko’s data, the correlation between the two largest digital assets dipped to around 78% last week, marking to the lowest correlation between BTC and ETH in 18 months.
A lower price correlation between two assets means that the price of the assets moves in different directions more often than before….
Read More: Correlation Between Bitcoin and Ether Prices Dips Below 80%, First in 18 Months