[Aug 30, 2024 2:00 PM] Crypto narratives sometimes promise a trip to the moon, but not all rockets make it, and markets tend to have a sloppy memory, often falling into the same traps.
[Aug 30, 2024 12:12 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Aug 30, 2024 11:00 AM] With the market resuming its bearishness today, August 30th, Injective continues to slip and slide. According to CoinGecko, INJ took a nose dive by 16% which slashed any hopes of a short-term recovery. Although the token’s performance leaves much…
[Aug 30, 2024 10:48 AM] Bitcoin hashprice, when compared to BTC price action, is reminiscent of conditions that preceded the 2020 breakout to new all-time highs.
[Aug 30, 2024 10:39 AM] Bitcoin’s crabwalk could extend into September as Mt. Gox and the US government threaten to add nearly $15 billion worth of additional selling pressure.
[Aug 30, 2024 9:30 AM] Vetle Lunde, a senior analyst at K33 Research, has issued a stark warning regarding the practices of prominent crypto exchanges concerning the authenticity of liquidation data. In a post on X, Lunde outlines how exchanges such as Binance, Bybit…
[Aug 30, 2024 7:46 AM] U.S.-listed BTC ETFs recorded $71 million in net outflows on Thursday for the third consecutive day, SoSoValue data shows, in a sign of professional funds leaving the market.
[Aug 30, 2024 7:30 AM] In a breakdown of Bitcoin’s current market dynamics, prominent crypto analyst Dan Gambardello, in his latest video titled “Bitcoin Must Do This Now,” addressed his 368,000 followers on YouTube regarding the critical resistance…
[Aug 30, 2024 2:40 AM] Bitcoin price remained stable above the $58,500 support zone. BTC is struggling and could only start a steady increase if it clears $61,500. Bitcoin is struggling to rise above the $60,200 and $61,500 resistance levels. The price is trading below…
[Aug 30, 2024 2:00 AM] Bitcoin has recently shown signs of recovery, reclaiming the $61,000 level after a brief but sharp decline earlier this week. This bounce back in price has sparked renewed interest among the crypto community, with many closely watching for the next…
[Aug 30, 2024 12:30 AM] As global economic uncertainty looms, Bitcoin (BTC) has experienced increased volatility and is struggling to maintain its footing above critical resistance levels lost over the past month. The largest cryptocurrency on the market remains in a…
[Aug 29, 2024 11:00 PM] Bitcoin price action despite being wobbly in the past days, is still being discussed by analysts. Earlier today, a CryptoQuant analyst turned the spotlight to the Bitcoin’s NVT Golden Cross, a metric that has been known to signal potential…
[Aug 29, 2024 9:15 PM] A solo Bitcoin miner has made headlines by successfully mining block number 858,978 on the Bitcoin blockchain, earning a reward of 3.275 BTC, valued at $199,098 at the time. The block, mined earlier today, contained 2,391 transactions, according to…
[Aug 29, 2024 5:00 PM] Institutional investors are gradually giving more attention to XRP. The digital asset is marking its place next to Bitcoin and Ethereum. According to a recent survey by EY-Parthenon, more than 20% of the world’s institutional decision-makers…
[Aug 29, 2024 4:30 PM] The bitcoin market has hit a phase of tranquility, where investor enthusiasm has cooled, and speculative activity has sharply decreased. According to a thorough report from Glassnode, this quiet spell might be setting the stage for an uptick in…
[Aug 29, 2024 3:30 PM] In his latest market analysis titled “Sugar High”, BitMEX founder Arthur Hayes lists four reasons to be bullish on Bitcoin and the broader crypto market in the final quarter of 2024. Hayes opens his analysis with a metaphorical comparison of his…
[Aug 29, 2024 2:30 PM] On Wednesday, spot bitcoin exchange-traded funds (ETFs) experienced $105.19 million in outflows, while spot ethereum ETFs managed to break their nine-day losing streak, pulling in $5.84 million in inflows. Spot Bitcoin ETFs Face $105M Outflow…
[Aug 29, 2024 1:30 PM] On Aug. 28, Bitcoin’s mining difficulty bumped up by 2.99% at block height 858,816, pushing the metric from 86.87 trillion to a hefty 89.47 trillion. This tweak adds a bit more challenge for bitcoin miners, especially with hashprice values…
[Aug 29, 2024 12:23 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 29 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Aug 29, 2024 9:41 AM] Bitcoin whales jump at the chance to buy cheap BTC, with spot sellers showing knee-jerk reactions in a choppy trading environment.
[Aug 29, 2024 9:20 AM] After touching recent highs of $64,653 for Bitcoin and $2,815 for Ethereum, in a sudden move backward, the cryptocurrency market had sharply backpedaled on Thursday, with Bitcoin shedding more than 6% and Ethereum dropping more than 7%. This sudden…
[Aug 29, 2024 8:30 AM] A Missouri man, Daniel Rhyne, was arrested for attempting to extort his former employer, a New Jersey-based industrial company. Rhyne, a former core infrastructure engineer for the company, allegedly sent an extortion email on Nov. 25, 2023…
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