Markets
Bitcoin Price Eyes Stronger Recovery Rally After Bounce to $8K
Bitcoin has recovered to $8,000 after defending key support for two consecutive days and may remain well bid over the weekend.

Margin Lenders Lost $13.5 Million in May to Poloniex Crypto Crash
Margin lenders on Poloniex got hit with a 1,800 BTC ($13.5 million) loss, as a flash crash made it unlikely borrowers will be able to repay the debt.

Bitcoin and Gold Prices Diverge Again, Extending 5-Month Correlation
Bitcoin has shed $1,400 over the last seven days, contradicting gold's 5.4 percent price rise to the highest since February.

Bitcoin Struggles to Build Momentum After Defense of $7.4K Price Support
A key technical line applied brakes to bitcoin's sell-off earlier this week, but so far the bounce has been shallow, with upside capped around $7,900.

Bitcoin's 2019 Price Run Driven By Real Transaction Growth, Analysis Shows
Bitcoin's TAAR (transaction amount to active addresses ratio) is hovering around 7-month highs, potentially adding a fundamental validation to bitcoin's latest price growth.

Bitcoin Recovers From 2-Week Low But Price Outlook Remains Bearish
Bitcoin’s ongoing corrective bounce could be short-lived, as the charts are signaling a short-term bullish-to-bearish trend change.

Long-Term Support Level May Struggle to Revive Bitcoin Price Rally
Bitcoin’s price pullback seems to have stalled near historically strong support, but a bounce, if any, could be shallow.

Bitcoin Dips Below $8K as Price Sheds $700 in Two Hours
Bitcoin has once again fallen beneath $8,000 amid a sharp sell-off that saw prices drop to as low as $7,778 according to Coindesk data.

Open Bets On CME's Bitcoin Futures Hit Record High
CME Bitcoin Futures have hit a record high in open interest at 5,190, up seven percent on the week prior, data from the CFTC shows.

Bitcoin Faces Price Pullback as Signs of Bull Exhaustion Emerge
Bitcoin could revisit sub-$8,000 levels in the short-term, as a longer-duration chart is flashing signs of bull exhaustion for the first time in 2019.
