Bitcoin Climbs Above $28.5K as Investors Weigh Fresh Bank Woes, Cool Jobs Data
[May 2, 2023 5:10 PM] Ether also rose. Equity markets dropped, including stocks of two regional banks.
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Coinbase Launches International Exchange for Bitcoin and Ether Perpetual Futures
[May 2, 2023 3:30 PM] Coinbase, the San Francisco-based cryptocurrency exchange, recently announced the launch of a new service called Coinbase International Exchange. The new platform will enable institutional users outside of the United States to trade bitcoin and…
Balaji Closes Bitcoin Bet With $1.5M in Donations, Including $500K for Bitcoin Core Development
[May 2, 2023 3:01 PM] Amid the initial bank failures in the U.S., the tech entrepreneur in mid-March had bet $1 million that bitcoin would hit $1 million within 90 days.
Check Out This Shocking Pepe Coin Versus Bitcoin Comparison
[May 2, 2023 2:23 PM] Pepe coin is the most talked about asset in the crypto market right now. The less than one-month-old meme token has nothing at all to do with Bitcoin, yet shockingly is displaying nearly exact price patterns. Don’t miss this incredible and unusual…
Bitcoin Hashrate Reaches All-Time High of 491 EH/s, Close to Half a Zettahash, as Network Preps for Next Difficulty Change
[May 2, 2023 10:00 AM] While the next difficulty change for Bitcoin is just two days away, the network’s hashrate soared to unprecedented heights, reaching 491.15 exahash per second (EH/s) on May 02, 2023, at block height 787,895. This staggering amount of…
Bitcoin 'Flash Rally' Briefly Pushed BTC Derivatives Above $56K on Bitfinex
[May 2, 2023 9:36 AM] The spike triggered a series of liquidations on the exchange.
BTC price may need a $24.4K dip as Bitcoin speculators stay in profit
[May 2, 2023 8:50 AM] Bitcoin short-term holders are slowly seeing profits evaporate as BTC price action trends lower, but more downside could be next.
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $28,000 Ahead of FOMC Decision
[May 2, 2023 7:07 AM] Bitcoin fell below the $28,000 level on Tuesday, as markets continued to prepare for tomorrow’s Federal Reserve interest rate decision. The Fed is expected to increase rates by 0.25%, despite the U.S. economy slowing down. Ethereum also…
First Mover Americas: BRC-20 Tokens Skyrocket
[May 2, 2023 6:42 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Number of Stablecoins Held on Exchanges Slips to 2-Year Low
[May 2, 2023 4:53 AM] While the stablecoin exchange balance has dropped 44% this year, bitcoin's price has rallied by 70%.
Bitcoin price sweeps lows, but analysis still predicts a $25K dive
[May 2, 2023 3:54 AM] $30,000 and $25,000 form the upside and downside BTC price targets as Bitcoin stays caught between a resurgent U.S. banking crisis and the looming Fed meeting.
Bitcoin Market Update: Up Or Down, What’s Next As Fed Rate Hike Looms?
'Bitcoin Request for Comment' Tokens Surge to $137M in Market Value
[May 2, 2023 1:47 AM] The BRC-20 standard sounds like the popular ERC-20, but the two are different, with the former lacking the ability to interact with smart contracts.
Bitcoin Price Continues Slide As Crypto Market Sentiment Takes Hit
[May 1, 2023 9:08 PM] Bitcoin price extended its decline below the $28,000 support. BTC tested $27,650 and is currently attempting a minor upside correction. Bitcoin is showing bearish signs below the $28,500 resistance zone. The price is trading below $28,200 and the…
First Mover Asia: Bitcoin Market Cap Is Surging, But a Retreat from $30K Continues
[May 1, 2023 5:49 PM] PLUS: Western crypto innovators with great ideas are eying the East for tech-embracing governments and fresh opportunities. A West-East partnership may be crypto's model for the future, the co-founder of Taipei-based Woo Network, Jack Tan, writes.
Bitcoin hash rates threaten blockchain decentralization
[May 1, 2023 4:54 PM] The blockchain industry is facing a massive power imbalance — just like the traditional finance industry.
Mawson Infrastructure Group Expands to New Bitcoin Mining Site in Ohio, Plans to Boost Hashpower by 1 EH/s
[May 1, 2023 4:00 PM] Mawson Infrastructure Group announced on Monday that the company has secured a new mining site in Corning, Ohio. The bitcoin mining firm, on May 1, 2023, unveiled its plans to set up its miners at the new location by Q3 of this year, with an aim to…
Bitcoin Drops Below $28K; JPMorgan Takes Over Embattled First Republic Bank
[May 1, 2023 3:39 PM] BTC’s price had dropped from well above $29,000 since Sunday evening. Investors await Wednesday’s FOMC decision.
Bitcoin Is Crashing, But Why Are Transactions At New All-Time Highs
[May 1, 2023 3:30 PM] In a day when Bitcoin prices are crashing, posting worrying drops from April 2023 peaks, the underlying network is processing record transactions. Bitcoin Prices Dropping, But Why? Dune Analytics data on May 1 shows that the platform is processing…
Michael Saylor's MicroStrategy Books a Much Smaller Bitcoin Impairment Charge
[May 1, 2023 2:53 PM] Amid BTC's big rally, the company's impairment loss narrowed to $18.9 million in the first quarter from $197.6 million in the fourth quarter.
Bitcoin Bearish Signal: Miners Continue To Sell
[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…
Bitcoin Faces Potential Price Drop To $25,000, On-Chain Data Signals Bearish Trend
[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…
Bitcoin Set New Record of Daily Transactions the Same Day the U.S. Government Quietly Engineered a Bank Buyout
[May 1, 2023 11:17 AM]
Bitcoin price threatens $28K support as pre-FOMC mood boosts US dollar
[May 1, 2023 10:19 AM] Bitcoin bulls fail to get a grip despite worries over U.S. banking sector stability, with BTC price near four-day lows.
Price analysis 5/1: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
[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.
Bitcoin (BTC) Continues Downtrend Despite Daily Transactions Nearing All-Time High
[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…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Start Week Lower, Ahead of Key Economic Events
[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…
2nd biggest US bank failure — 5 things to know in Bitcoin this week
[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.
Bitcoin Price Rejects $30K But This Variable Can Trigger A Fresh Increase
[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…
First Mover Asia: Bitcoin, Ether Open Asia’s Trading Week Flat
[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.