[Jun 29, 2023 6:59 AM] Bitcoin rebounded on Thursday, as markets reacted to the news that Microstrategy bought an additional $374 million worth of the cryptocurrency. Michael Saylor’s firm now has 152,333 bitcoin, worth roughly $4.52 billion. Ethereum moved closer…
[Jun 29, 2023 6:27 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Jun 29, 2023 6:00 AM] Data shows the stablecoin market cap has returned toward equilibrium and may be gearing up for a reversal. Here’s how Bitcoin could benefit from this. Aggregate Stablecoin Market Cap Change Has Returned To Equilibrium According to data from…
[Jun 29, 2023 4:00 AM] In consideration of recent developments, a bill has been introduced to evaluate the feasibility of establishing a state-administered depository for cryptocurrencies, positioning North Carolina as the custodian of its Bitcoin and virtual asset…
[Jun 29, 2023 2:08 AM] Bitcoin short-term holders are keenly eyeing potential BTC selling opportunities, even as their average profits total a modest 10%.
[Jun 28, 2023 9:15 PM] Bitcoin price is still facing a major hurdle near $31,000. BTC could correct lower below $29,800 if it stays below $31,000 for a long time. Bitcoin is still consolidating below the $31,000 resistance zone. The price is trading below $30,500 and the…
[Jun 28, 2023 8:00 PM] FTT, the native currency of FTX and its ecosystem, is up 45% when writing on June 28. This positive price action follows a report by the Wall Street Journal that the exchange’s new management has started receiving proposals from parties interested…
[Jun 28, 2023 7:00 PM] Bitcoin (BTC) has again taken center stage in the cryptocurrency market as institutional interest surges. This interest has been spurred by major financial giants such as BlackRock, Fidelity, and Ark Invest, who have applied with the U.S…
[Jun 28, 2023 6:32 PM] ALSO: Fast-paced, entrepreneurial Seoul ranked fourth globally in CoinDesk's crypto hub series. Korea's digital asset friendly, regulatory environment and a vibrant retail community have helped enabled the industry's rising prominence in the city.
[Jun 28, 2023 4:57 PM] Bitcoin is known for its explosive price movements — both bullish and bearish. However, Relative Strength Index data suggests the top cryptocurrency by market cap has gone the longest stretch ever without a bullish impulse. Just how long has it…
[Jun 28, 2023 4:34 PM] Spurred by the recent flood of spot Bitcoin ETF applications from Blackrock and Fidelity among others, Bitcoin vaulted impressively up to the $30,000 area where its momentum has stalled in recent sessions. While many analysts and traders routinely…
[Jun 28, 2023 2:30 PM] Over the past 30 days, the popularity of the term “bitcoin” has surged significantly, as indicated by Google Trends metrics. On June 21, 2023, the search term bitcoin achieved a perfect score of 100. Notably, the curiosity surrounding…
[Jun 28, 2023 2:00 PM] MicroStrategy, a publicly traded software company, has once again invested heavily in Bitcoin, adding another 12,333 BTC to its already substantial holdings. The purchase, which was announced by the company’s former CEO Michael Saylor, cost…
[Jun 28, 2023 12:20 PM] The spot bitcoin ETF filings by BlackRock and other financial services giants ensured bitcoin would finish Q2 in positive territory. Now the SEC’s decision on the applications will likely play a big role in digital asset prices for the remainder of…
[Jun 28, 2023 12:18 PM] Apple had threatened to eject the bitcoin-friendly social media app from its App Store by June 27 unless Damus removed the ability to receive bitcoin tips via “zaps” on content posts.
[Jun 28, 2023 12:00 PM] The bankrupt cryptocurrency exchange FTX has suddenly halted the sale of its highly valued asset: its stake in the artificial intelligence startup, Anthropic. This abrupt decision introduces potential delays in addressing the remaining $2 billion…
[Jun 28, 2023 11:00 AM] On-chain data shows the Bitcoin exchange inflows of the short-term holders have intensified recently as the asset’s rally has come to a halt. Bitcoin Short-Term Holders Are Showing Elevated Exchange Inflows According to data from the on-chain…
[Jun 28, 2023 10:00 AM] The cryptocurrency industry has experienced a significant downturn in the last 18 months due to concerns about high inflation and its impact on finances. However, there is evidence of increasing institutional adoption of Bitcoin (BTC) amid these…
[Jun 28, 2023 9:30 AM] There’s no room for slacking when it comes to monetary policy tightening, Powell says, as Bitcoin takes a breather from yearly highs.
[Jun 28, 2023 8:38 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Jun 28, 2023 7:00 AM] Data from Glassnode shows the Bitcoin correlation to Gold and Silver has taken a plunge toward cyclical lows recently. Bitcoin Correlation With Gold & Silver Has Now Turned Negative According to data from the on-chain analytics firm Glassnode…
[Jun 28, 2023 6:21 AM] After briefly rising above $31,000, bitcoin consolidated on Wednesday, as bulls moved to secure recent gains. The uncertainty came as crypto custodian Prime Trust entered receivership, after being found to be illiquid by authorities. Ethereum also…
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