BTC price lower highs keep Bitcoin bears in control at $70K
[Jul 31 9:43 AM] Bitcoin continues to print lower highs on the daily chart since the BTC price all-time highs in March.
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Bitcoin Keeps Weekly Loss as 'Anti-Risk' Yen Strengthens After BOJ Rate Hike
[Jul 31 9:28 AM] The yen’s popularity as a funding currency can cause knock-on effects in other markets, helping tighten global financial conditions, BlackRock said.
Crypto Watch: Why Today’s FOMC Meeting Is The ‘Most Important Of Your Life’
[Jul 31 7:30 AM] For the crypto and broader financial market, FOMC day is upon us once again today. And analysts agree that today’s meeting will be one of the most important in recent years. Kurt S. Altrichter, a financial advisor and founder of Ivory Hill…
Nvidia Becoming More Volatile Than Bitcoin and Ether
[Jul 31 6:19 AM] Bitcoin has exhibited a strong positive correlation with NVDA since late 2022.
Is A Major Bitcoin Dip Coming? What the Coinbase Index Tells Us
[Jul 31 3:00 AM] An analyst from the CryptoQuant QuickTake platform has now drawn attention to a particular trend tied to the Coinbase Premium Index (CPI) which currently suggests a grim move brewing for Bitcoin. This indicator, when placed with its Simple Moving…
Bitcoin Price Eyes Fresh Gains: Can BTC Climb Again?
[Jul 31 2:37 AM] Bitcoin price extended losses and tested the $65,500 support zone. BTC is now consolidating and might aim for a fresh increase if it clears $66,500. Bitcoin tested the $65,500 level and is attempting a recovery wave. The price is trading below…
University of Wyoming Launches Bitcoin Research Institute to Produce High-Quality Publications
[Jul 31 2:30 AM] The University of Wyoming has launched a Bitcoin research institute to produce high-quality peer-reviewed publications about bitcoin from all academic disciplines. The institute’s director highlighted the need for informed research…
Ethereum vs. Bitcoin: Why ETH Could See Larger Fluctuations Soon, QCP Reveals
[Jul 31 12:01 AM] Regardless of both their maturity in the market, Bitcoin and Ethereum rivalry persists. According to recent insights from QCP Capital, a global digital asset trading firm and market maker, Ethereum appears to have now shown potential for larger…
Michael Saylor Projects Bitcoin Price at $49 Million in 2045 Bull Scenario
Mt.Gox Creditors Reclaim 59,000 Bitcoin Via Exchanges, More Redistribution Imminent
[Jul 30 10:30 PM] After over a decade of suspense, creditors of the defunct Mt. Gox Bitcoin (BTC) exchange have finally begun receiving long-awaited payouts this month. Data from research firm Glassnode shows that as of Tuesday, 59,000 of Mt. Gox’s 142,000 BTC…
Goldman Sachs CEO Clarifies His Stance on Bitcoin
[Jul 30 10:25 PM] Goldman Sachs CEO David Solomon clarified his stance on bitcoin during a CNBC interview, where his prior skepticism and the recent political focus on bitcoin were discussed. Although he acknowledged bitcoin’s volatility and speculative…
Binance Executive Discusses Impact of US Government Potentially Holding Bitcoin as Strategic Reserve
Bitcoin ‘late longs’ washed out as BTC price falls to $65K
[Jul 30 8:23 PM] Bitcoin leveraged positions increased over the past week, and a portion of these late longs have been wiped out as BTC price dropped closer to $65,000.
U.S. Strategic Bitcoin Reserve to Be Funded Partly by Revaluing Fed's Gold, Draft Bill Shows
[Jul 30 7:58 PM]
Making Bitcoin a Strategic Reserve Asset Contradicts 'Freedom From Government' Narrative, Says WSJ
[Jul 30 7:23 PM] Donald Trump’s plan to make bitcoin a so-called strategic reserve asset doesn’t make much sense, the editorial board of the Wall Street Journal wrote in an op-ed Tuesday.
Dogecoin & Other Memecoins Seeing Less Interest Than Bitcoin: Data
[Jul 30 6:00 PM] Data shows social media users are currently not paying much attention to memecoins like Dogecoin (DOGE) as compared to Bitcoin (BTC) and other top caps. Bitcoin & Other Layer 1 Top Caps Getting All The Investor Focus Right Now According to data…
Crypto Market Slump: Key Currencies Drop Amid Rising Trade Activity
[Jul 30 5:14 PM] The cryptocurrency market experienced a downturn on Tuesday, decreasing by 1.94% against the U.S. dollar, lowering the total market value to $2.38 trillion. Leading cryptocurrencies, including bitcoin, solana, binance coin, dogecoin, and cardano…
Research Firm Predicts Bitcoin Game Theory In Global Adoption Race
Key Interest Rate Decisions Coming This Week From Fed, BOJ, BOE
[Jul 30 4:13 PM] The Fed is expected to hold policy steady but indicate an imminent rate cut, while the Bank of England is seen easing policy and the Bank of Japan is likely to hike rates.
Mempool.space Introduces New Bitcoin Transaction Accelerator With Major Mining Pools
[Jul 30 4:10 PM] This week, the open-source bitcoin explorer and onchain parser, mempool.space, unveiled its new bitcoin transaction accelerator. The team shared on X that it has collaborated with several major mining pools that contribute significantly to the…
Bitcoin analysis warns BTC price liquidations will start below $64K
[Jul 30 3:24 PM] BTC price losses mount as $66,000 struggles to function as support, increasing the danger of Bitcoin long liquidations.
Russia Legalizes Bitcoin And Crypto for International Trade To Bypass Sanctions
[Jul 30 3:15 PM] In a significant legislative move, Russian lawmakers have passed a bill permitting businesses to use Bitcoin and other cryptocurrencies in international trade, according to a report by Retuers. This development is part of Russia's strategy to…
Blackrock’s IBIT Propels US Spot Bitcoin ETFs to $124M Inflows on Monday
Bitcoin Eyes $63,000: Key Indicators Signal Further Decline – Time To Sell?
[Jul 30 1:30 PM] Bitcoin (BTC) is currently experiencing increasing bearish pressure, with technical indicators suggesting a potential decline toward the $63,316 mark. This price drop is driven by factors such as weakening momentum and decreasing trading volume. As…
Trezor’s first hardware wallet turns 10: But is it still any good?
[Jul 30 1:14 PM] A decade ago, Trezor’s first-ever hardware wallet was retailed for up to $1,800. It is still intact and supported in Trezor’s software ecosystem.
First Mover Americas: BTC Slides as U.S. Government-Linked Selling Pressure Looms
[Jul 30 12:06 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for July 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin ‘Back On Radar’ To Hit $80,000, Then New ATH, Analyst Says
[Jul 30 11:30 AM] The most often used cryptocurrency worldwide, Bitcoin, has had an impressive price rise over the past few weeks, considerably raising trader confidence. The bigger cryptocurrency market still exhibits volatility even with Bitcoin’s recent…
Nigerian CBDC Adoption Lags, Makes Up Less Than 1% of Currency in Use
[Jul 30 11:30 AM] Nigeria’s central bank digital currency, known as the eNaira, was the first of its kind in Africa. However, it currently represents only about 0.36% of the total currency in circulation. Nigerian experts attribute the slow adoption of the…
Bitcoin Open Interest Taps New $39.5 Billion ATH, What’s Next For Price?
[Jul 30 10:30 AM] The Bitcoin open interest is a good indicator of how investors are viewing the cryptocurrency and what bets they’re making. This is why the metric hitting a new all-time high is a big deal, carrying serious implications for the market. Once again…
Optimism Drops 12%: Should Investors Still Be Optimistic? These Metrics Say Yes
[Jul 30 9:00 AM] Optimism has been seeing bearish action since the start of this month. But this week, it has been much worse for investors and traders. According to Coingecko, the token is down more than 12% since last week. With a market correction underway…