[Jul 12, 2023 12:42 PM] Bitcoin continues to face strong resistance at $31,000, but supportive macroeconomic factors could tilt the advantage in favor of the bulls.
[Jul 12, 2023 12:00 PM] Data shows Bitcoin has been stuck in a historically tight 14-day range recently, something that has decompressed into big moves in the past. Bitcoin 14-Day Range Has Been Extremely Narrow Recently According to data from the analytics firm…
[Jul 12, 2023 9:00 AM] Bankrupt cryptocurrency lender, Celsius Network, has filed a lawsuit against Liquid Staking Platform StakeHound. The crypto lender claims that Stakehound allegedly owes $150 million worth of tokens, including ether (ETH), Polygon’s MATIC…
[Jul 12, 2023 8:28 AM] A wallet tagged as belonging to the U.S. government has moved over $300 million worth of bitcoin (BTC) in three separate transactions.
[Jul 12, 2023 7:02 AM] The Consumer Price Index (CPI) data for June, released by the Bureau of Labor Statistics today, has sent ripples of optimism throughout the Bitcoin and crypto market. The latest figures reveal a surprising cooling in inflation, which has ignited…
[Jul 12, 2023 6:30 AM] Bitcoin moved towards $31,000 on Wednesday, ahead of June’s inflation report from the United States. Consumer prices are expected to fall to 3.1%, down from May’s reading of 4.0%. Ethereum also edged higher, as the cryptocurrency…
[Jul 12, 2023 6:29 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for July 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Jul 12, 2023 4:12 AM] Bitcoin is tipped to see classic volatility in BTC price around the CPI release, while liquidity remains tightly wrapped around spot.
[Jul 12, 2023 2:58 AM] A more robust bitcoin price means the company has a stronger balance sheet, a higher share price and easier debt repayment without the need to sell down its cryptocurrency holdings, the report said.
[Jul 12, 2023 1:40 AM] As the highly anticipated US Consumer Price Index (CPI) data for June is set to be released today at 8:30 am EST, the Bitcoin (BTC) market finds itself at a crucial crossroads. With inflation concerns lingering and the Federal Reserve’s next…
[Jul 11, 2023 9:09 PM] Bitcoin price is moving higher above the $30,500 level. BTC is showing signs of a fresh move toward the $31,000 resistance zone. Bitcoin is slowly moving higher above the $30,500 support zone. The price is trading above $30,400 and the 100 hourly…
[Jul 11, 2023 9:00 PM] Bitcoin continues to dominate the market as it struggles to find a continued surge in price. In its latest weekly report, crypto exchange Bitfinex highlighted a key part of Ark Invest’s report to show growing support from strong holders and…
[Jul 11, 2023 6:35 PM] According to current data, about 2,086,034 bitcoins were held on exchanges as of July 11, 2023. This figure is 154,160 bitcoins less than the number held on centralized trading platforms 72 days earlier, on April 30. The number of bitcoins on…
[Jul 11, 2023 5:00 PM] New data from Kaiko on July 11 indicates that the correlation between Bitcoin and the Nasdaq Composite Index is at a two-year low. The correlation coefficient between these two assets dropped to less than 1% in early July. At this level, it is at…
[Jul 11, 2023 2:23 PM] Even though billionaire investor and venture capitalist Tim Draper was clearly wrong when he predicted bitcoin (BTC) would reach $250,000 in June 2023, he said he still believes that it will happen eventually, maybe in 2025.
[Jul 11, 2023 12:00 PM] MetaMask developer ConsenSys plans to deploy its layer-2 network, Linea, on the main Ethereum network this week. Linea incorporates the use of zero-knowledge (ZK) cryptography, which is regarded as one of the most significant blockchain trends of…
[Jul 11, 2023 11:30 AM] On July 6, Lightning Labs released new developer tools to enhance the intersection of artificial intelligence (AI) and Bitcoin. The layer two (L2) startup introduced a new specification known as L402 and tools that enable AI systems to conduct…
[Jul 11, 2023 11:00 AM] The Bitcoin and crypto prices are influenced by a complex web of factors and intertwined indicators. One such influential force is the U.S. Dollar Index (DXY), which has gained prominence as a vital gauge for Bitcoin and crypto investors. Over the…
[Jul 11, 2023 10:15 AM] BTC supply dynamics are pointing firmly in Bitcoin bulls' favor, as an analyst says that "true price discovery" may come as a result.
[Jul 11, 2023 10:04 AM] An Information-Sharing Agreement, which appears to be absent from public spot Bitcoin ETF filings, compels a crypto exchange to share trading data up to and including personal information such as a customer’s name and address.
[Jul 11, 2023 10:00 AM] Data from Glassnode reveals that the structure of the current Bitcoin rally is looking similar to the genesis points of historical uptrends. Bitcoin Recovery Since November Lows Is Reminiscent Of Past Rallies In its latest weekly report, the…
[Jul 11, 2023 9:30 AM] According to data, the cryptocurrency ecosystem has endured its longest stretch without an altcoin season. So far, it has been more than two years without an altcoin season, and there have been no signals indicating one might emerge. Altcoin Season…
[Jul 11, 2023 6:45 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for July 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Jul 11, 2023 6:30 AM] Ethereum moved briefly above the $1,900 level on Tuesday, as the U.S. dollar weakened versus several G7 currencies. The biggest fall came versus the British pound, with USD/GBP hitting a 15-month low. Bitcoin also rose higher, climbing past $31,000…
[Jul 11, 2023 5:45 AM] "The dollar index futures act a robust complement to the long-only portfolio from both a thematic and empirical perspective," Marex's Mark Arasaratnam said.
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