[Aug 17 5:30 AM] The crypto market continues to be influenced primarily by broader macroeconomic conditions, with the latest US Consumer Price Index (CPI) report providing a glimmer of optimism for risk assets, including cryptocurrencies. Crypto Awaits Fed’s…
[Aug 17 3:30 AM] This week marks the 20th anniversary of Hal Finney’s introduction of Reusable Proofs of Work (RPOW), a groundbreaking concept that paved the way for today’s digital currencies. Finney’s visionary work continues to echo…
[Aug 16 11:30 PM] According to the latest data from CryptoQuant, bears might be in control of Bitcoin given the asset’s funding rates reaching a negative level across all crypto exchanges, including Binance. For context, funding rates are essential in…
[Aug 16 10:00 PM] An on-chain analyst has explained signals in several metrics to see if Bitcoin is in a bearish phase. These Bitcoin Indicators Could Be To Follow For Bear Market Signals In a new post on X, on-chain analyst Checkmate replied to a user asking about…
[Aug 16 7:00 PM] The Head of Research at the on-chain analytics firm CryptoQuant has explained why Bitcoin may be at risk of seeing a further drawdown. Bitcoin Is Still On Verge Of Bear Market In This Indicator In a new post on X, CryptoQuant Head of Research Julio…
[Aug 16 6:58 PM] After visiting a Bitcoin mining facility and receiving the endorsement of a blockchain advocacy group, Senator Ted Cruz reported purchasing up to $100,000 worth of BTC in 2023.
[Aug 16 6:07 PM] Bitcoin bulls are holding on to the $55,500 support, but an increase in futures open interest and a death cross on the BTC chart have traders worried that further downside is in store.
[Aug 16 5:10 PM] According to data gathered by Arkham Intelligence, Blackrock’s onchain assets are inching closer to outpacing Grayscale’s crypto holdings. As of Friday, Grayscale’s onchain value stood at approximately $21.33 billion, while…
[Aug 16 3:50 PM] On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) pulled in $11.11 million, while ethereum ETFs faced a different outcome, with losses totaling $39.21 million during the day’s trading session. A Dive Into Thursday’s Crypto…
[Aug 16 3:36 PM] Recent data from Bitcoin Magazine Pro shows a significant trend among Bitcoin holders: nearly 75% of all circulating Bitcoin has remained dormant for over six months. This strong HODLing behavior reflects a steadfast belief in Bitcoin's long-term…
[Aug 16 2:30 PM] Another transfer by the US government of originally seized Bitcoin from the notorious Silk Road has sparked widespread speculation on Wednesday, August 14. Blockchain analytics firm Arkham reported yesterday that 10,000 Silk Road BTC, valued at…
[Aug 16 2:20 PM] On Aug. 16, 2024, with bitcoin (BTC) hovering above the $58,000 mark, a bitcoin wallet that had been untouched since Jan. 8, 2014, moved 174.88 BTC for the first time in over a decade. Back when the funds were initially secured by the P2PKH (Pay to…
[Aug 16 1:00 PM] A crypto analyst has unveiled a new bearish death cross for Bitcoin (BTC), the world’s largest cryptocurrency. According to the analyst, Bitcoin is at risk of further price stalls before any potential upward movement. Bitcoin Prints Another…
[Aug 16 12:41 PM] In mid-August, bitcoin’s price dipped below $60,000, hitting a low of $56,646 per BTC on Thursday. Currently, BTC is hovering just above $58K, sitting at $58,267, which is about 20.2% lower than its all-time high (ATH) of $73,737 reached on…
[Aug 16 12:22 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Aug 16 9:00 AM] In the latest episode of the podcast “The Bitcoin Layer,” Daniel Batten, a recognized advocate for Bitcoin, discussed the potential impact of sovereign wealth funds (SWFs) on the Bitcoin price, predicting a rise to over $148,000 per BTC…
[Aug 16 7:35 AM] South Korean pension fund, National Pension Service (NPS), has bought MicroStrategy (MSTR) shares worth nearly $34 million in the second quarter of this year, according to filings made public earlier this week.
[Aug 16 6:00 AM] Bitcoin’s (BTC) price continues fluctuating within the $58,000 to $61,000 price range following its recovery from the ‘Black Monday’ crash. However, analysts remain unsure about the next step for the flagship cryptocurrency. Some market…
[Aug 16 4:30 AM] Bitcoin is trading for $59,545, a slight increase of 0.5% in the past 24 hours. Although little, this surge in its price is quite noteworthy as it comes against the backdrop of Bitcoin’s price plunging as low as $57,812 earlier today…
[Aug 16 4:30 AM] Viktor Pershikov, a Russian expert in financial markets, has explored the opportunities that crypto and bitcoin will bring to Russia following the laws approved recently by President Putin. Pershikov stated that, while some cryptocurrencies present…
[Aug 16 1:30 AM] Iran is aggressively cracking down on illegal cryptocurrency mining as the nation faces a severe power crisis exacerbated by an intense heatwave. Iranian authorities claim that unauthorized crypto mining has significantly strained Iran’s…
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