[May 1, 2023 12:30 PM] On-chain data shows that Bitcoin miners have continued to sell recently, a sign that can be bearish for the price of the cryptocurrency. Bitcoin Miner Reserve Has Been Going Down Since Rally Started As an analyst in a CryptoQuant post pointed out…
[May 1, 2023 11:30 AM] Bitcoin (BTC) has been experiencing a volatile price action since late April, with significant fluctuations in its value. At the time of writing, the cryptocurrency has experienced a 3% decline in the last 24 hours and is currently trading at…
[May 1, 2023 10:05 AM] Bitcoin and most major altcoins are witnessing aggressive selling at higher levels, indicating that the bears are trying to make a comeback.
[May 1, 2023 10:00 AM] While Bitcoin (BTC) has continued a downtrend, the asset has recently recorded a high volume in daily transactions nearing its all-time high. According to a report by on-chain analytics provider Glassnode, “Bitcoin daily transaction counts are…
[May 1, 2023 6:25 AM] Bitcoin started the week trading in the red, as markets prepared for an important week of U.S. economic events. On Wednesday, the Federal Reserve is expected to increase rates by 25 basis points, with nonfarm payrolls for April being released this…
[May 1, 2023 3:15 AM] The failure of First Republic Bank marks a volatile beginning to a busy macroeconomic week, while Bitcoin already faces downside pressure.
[Apr 30, 2023 8:32 PM] Bitcoin price attempted an upside break above the $30,000 resistance. BTC failed and corrected lower toward the $28,400 support zone. Bitcoin is struggling to gain pace above the $29,400 and $29,500 resistance levels. The price is trading below…
[Apr 30, 2023 5:21 PM] ALSO: Five CoinDesk journalists offer their takeaways from Consensus 2023. They found an industry still filled with optimism but also realistic about the challenges ahead, most notably, regulatory uncertainty.
[Apr 30, 2023 10:28 AM] If Bitcoin price breaks above $30,000, several altcoins such as SOL, ATOM, ICP and HBAR are well-positioned for a rally of their own.
[Apr 30, 2023 8:31 AM] New Mexico is the cheapest US state to mine Bitcoin in terms of average electricity cost, while Hawaii is the by far the most expensive.
[Apr 30, 2023 2:00 AM] United States Senator Ted Cruz has said he remains “incredibly bullish on bitcoin” which he described as the “alpha in the crypto sphere.” According to Cruz, people are attracted to bitcoin because they see it as a hedge…
[Apr 29, 2023 10:00 PM] At 11:06 a.m. Eastern Time (ET) on April 29, 2023, at block height 787,500, the number of blocks left to discover until the next Bitcoin blockchain halving is now fewer than 52,500 blocks. This means the network has progressed 75% through the…
[Apr 29, 2023 6:00 AM] Scottish-Salvadoran driver Sebastian Melrose has made his debut in the Porsche Carrera Cup racing championship. The 25-year-old, who took part in a popular Netflix TV series last year, drives a Bitcoin-branded 911 that features the flag of…
[Apr 28, 2023 2:00 PM] Despite the volatile price action of Bitcoin (BTC), the world’s largest cryptocurrency has outperformed every other asset, including gold. Although it is trading below its psychological milestone of $30,000 at $29,000, Bitcoin is expected to…
[Apr 28, 2023 10:56 AM] "I may be wrong but I'm burning a million to tell you they're printing trillions," Srinivasan said, during CoinDesk's Consensus 2023 conference.
[Apr 28, 2023 10:00 AM] Since the start of the trading year, Bitcoin has maintained a 3-month bullish candle close and is on a path to stealing a fourth. 2023 has been an eventful year for the crypto industry and Bitcoin price, which rallied massively to the surprise of…
[Apr 28, 2023 6:49 AM] With today’s release of the Personal Consumption Expenditure (PCE) price index by the Bureau of Economic Analysis, the Bitcoin market just experienced the most important macro event of the week. Ahead of the Federal Open Market Committee…
[Apr 28, 2023 6:08 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Apr 28, 2023 4:59 AM] More investors are recognizing the digital asset as a sensible alternative not only among crypto tokens, but also within a global financial context, the report said.
[Apr 28, 2023 4:25 AM] A political deadlock over the U.S. debt ceiling and its potential impact on the price of Bitcoin, which is already up 75% in 2023.
[Apr 28, 2023 3:05 AM] Binance is up over 50,000 BTC in a month, in sharp contrast to other major exchanges, while data suggests the market is going short BTC at $30,000.
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