NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets

Crypto Tidbits: TikTok’s Dogecoin Craze, Coinbase on Stock Markets, Bitcoin Holds $9k

Nick Chong
Nick Chong
5 years ago
3 mins read
bitcoin price

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Another week, another round of Crypto Tidbits.

After over a week of ranging, Bitcoin attempted to break higher this week. The flagship cryptocurrency moved from the weekend lows of $8,900 to a weekly high of $9,470 on major exchanges.

The move has since been reversed, with BTC trading at $9,200 as of this article’s writing. This is above the price BTC was trading at when the last Crypto Tidbits was written.

Chart of BTC's price action over the past week from TradingView.com

Looking back at the chart, it is evident that Bitcoin was following the direction of the S&P 500 and other stock markets. The correlation seemingly became more intense this week, with each notable move on the chart above being triggered by movements in global markets. An analyst in the crypto space said that this increasing correlation is due to the crypto market becoming somewhat illiquid/inactive.

Despite the somewhat intense price action, BTC’s volatility indicators remain extremely low on a macro scale. This indicates that the cryptocurrency will undergo a strong breakout in one direction in the weeks ahead.

While Bitcoin has stalled, it was an entirely different story for altcoins this past week.

As NewsBTC has covered extensively, multiple altcoins have seen explosive breakouts in the upward direction. It’s a list that includes Cardano (ADA), Dogecoin (DOGE), Synthetix (SNX), VeChain, and Chainlink (LINK).

Aside from Dogecoin, which Elon Musk once dubbed his “favorite” cryptocurrency, the digital assets mentioned have been benefiting from strong fundamentals.

Chainlink, for instance, recently saw its core technologies integrated into the Blockchain Service Network. The network is a blockchain integration project backed by some of China’s biggest banks, technology companies, and government agencies.

Related Reading: Crypto Tidbits: Bitcoin Stalls at $9k, Cardano Shelley, Elon Musk & Ethereum

Crypto Tidbits:

  • Dogecoin Goes (Kind of) Viral on TikTok: It’s been an interesting week if you’ve held Dogecoin. The meme cryptocurrency, known for its fanatic community, went somewhat viral this week on TikTok. A few users started what is called the “Dogecoin TikTok Challenge,” where they shill the crypto asset to their followers in an attempt to make DOGE reach $1.00. What’s crazy is that the ploy had some effect on the market, with the altcoin rally over 150% in the five days from the challenge’s start. As it stands, Dogecoin trades for $0.0045. That’s far from a dollar, but the challenge managed to spur mentions of Dogecoin from  Youtuber Jake Paul, Bloomberg, Barstool Sport’s Dave Portnoy, Keemstar, Gizmodo, and many others with large audiences.

TikTok Dogecoin

  • Coinbase Looks to Go Public in the U.S.: According to a Reuters report published on July 9th, $8 billion crypto upstart Coinbase is looking to go public on a U.S. stock exchange in 2020 or 2021. Citing three sources familiar with the matter, the outlet claimed Coinbase is looking to do so via a direct listing, not an IPO. A direct listing differs from an IPO in that no new shares are created and underwritten, meaning Coinbase can only raise money by selling shares. Reuters’ sources claimed that Coinbase has yet to speak with the Securities and Exchange Commission about their plan, but are in discussion with banks and lawyers. Coinbase joins Ripple Labs, Bitmain, and others as crypto giants intending on going public in the near future.
  • Ethereum 2.0 Potentially Delayed Yet Again, Researcher Says: According to a Reddit “Ask Me Anything” post from Ethereum Foundation researcher Justin Drake, the public launch of the Ethereum 2.0 upgrade may be delayed until the start of 2021. This comes after many developers said that the project would go live in the middle of 2020, meaning around the time of this article’s publishing. Analysts have mixed feelings on the news; some expected it, some are disappointed and see this as bearish for ETH, and others think this only cements the rise of other altcoins.
  • Crypto Investor Manager Arca Uses Ethereum Technology: Arca, a crypto-focused investment manager, revealed that week that it will be launching a new fund that leverages Ethereum technology. The fund is Arca’s U.S. Treasury Fund, which will have shares known as ArCoins that provide interest to its holders every quarter.
Featured Image from Shutterstock
Price tags: xbtusd, btcusd, btcusdt
Charts from TradingView.com
Crypto Tidbits: TikTok's Dogecoin Craze, Coinbase on Stock Markets, Bitcoin Holds $9k
Tweet123Share196ShareSend
Nick Chong
Nick Chong

Nick Chong

I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin Price On The Verge Of Explosive Move: Here’s The Only Condition

Bitcoin’s slow ascent towards establishing new highs has continuously encountered significant opposition in the past few weeks. As the market...

Opeyemi Sule 8 hours ago
Ethereum

BlackRock Leads Spot ETH ETF Inflows With Over $500M, Ethereum Possibly On Track To $5,000

Ethereum’s institutional narrative is strengthening as US-based Spot ETF trackers witnessed another week of inflows last week. BlackRock’s ETHA fund...

Scott Matherson 10 hours ago
Ethereum

Ethereum Taker Buy-Sell Ratio Falls Critically Low—What Happened Last Time?

The price of Ethereum had quite a rough performance over the past week, falling from its usual range above the...

Opeyemi Sule 12 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin Price Retreats Lower Again

Bitcoin Price Retreats Lower Again – Is This Just a Healthy Dip?

Aayush Jindal 4 minutes ago
XRP

Ripple CTO Drops Bombshell: XRP At The Core Of Trillions In Banking Future

Christian Encila 5 hours ago
XRP

XRP Needs To Defend $2.98 Support To Avoid Deeper Correction – Details

Scott Matherson 7 hours ago

Premium Sponsors

Press Releases

  • パイネットワーク...

    2 days ago
  • Cele mai bune altcoin-uri de cumpărat, pe măsură ce prețul Solanei se apropie de maximul istoric

    Cele mai bune altcoin-uri de cumpărat, pe măsură ce...

    2 days ago
  • Cele mai bune meme coin-uri de cumpărat acum, pe măsură ce capitalizarea pieței se apropie de 1,9 trilioane RON

    Cele mai bune meme coin-uri de cumpărat acum, pe măsură...

    2 days ago
  • Cele mai bune meme coin-uri de cumpărat acum, pe măsură ce capitalizarea pieței se apropie de 1,9 trilioane RON

    Nejlepší meme coiny k nákupu nyní, když se tržní...

    2 days ago
  • Cele mai bune altcoin-uri de cumpărat, pe măsură ce prețul Solanei se apropie de maximul istoric

    Nejlepší altcoiny k nákupu, když se cena Solany...

    2 days ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.