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Key Bitcoin price metric drops to a 2-week low — Is the BTC bull market over?

[Jul 9 12:01 PM] Bitcoin price has dropped to a worrying low, leading some traders to throw in the towel and claim the bull run is over.

Lionel Messi Promotes Obscure Meme Coin on Instagram, Leading to 350% Surge

[Jul 9 10:33 AM]

Bitcoin Little-Changed Above $57K as Fed Chair Powell Testifies to Congress

[Jul 9 9:18 AM] Jerome Powell made clear that central bank policymakers are focused on downside risks to the economy as much as they are inflation.

Ether ETF Fee Race Begins as Invesco Reveals 0.25% Charge, Slightly Higher Than VanEck

[Jul 9 8:49 AM]

CoinDesk 20 Performance Update: ICP and ETH Lead Gains as Index Climbs 1.9%

[Jul 9 7:56 AM] All 20 assets within the CoinDesk 20 are trading higher today.

Bitcoin Steady Above $57K as Germany Moves 6.3K BTC to Exchanges

[Jul 9 6:43 AM] The German government entity has moved hundreds of millions worth of BTC to exchanges in the past few weeks, contributing to selling pressure and bearish sentiment.

First Mover Americas: Bitcoin Regains $57K Following $300M of ETF Inflows

[Jul 9 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for July 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Cash's Mt. Gox-Led Sell-Off Is Amplified by Poor Liquidity

[Jul 9 4:34 AM] Slippage, or price changes during execution of a trade, in the BCH market surged last week, signaling weak liquidity .

Drop in Bitcoin Mining Difficulty 'Comparable to FTX Collapse,' CryptoQuant Says

[Jul 9 3:29 AM] Miners’ profitability has been hit as the daily revenues fell from $78 million pre-halving to $26 million currently, one market analyst noted.

Bitcoin ETF Traders Buy the Dip With Nearly $300M Inflows

[Jul 9 12:59 AM] Such inflows are the highest since early June, data shows, with Blackrock’s BTC ETF taking on almost $190 million.

Bullish Bitcoin Drivers Remain in Play Despite Germany's Sales, Mt. Gox Reimbursements

[Jul 9 12:59 AM] Macro factors and persistent "risk-on" in traditional markets suggest a promising outlook after BTC-specific supply overhangs run dry.

Australian Securities Exchange Gives Green Light to DigitalX's Bitcoin ETF

[Jul 9 12:15 AM] DigitalX Bitcoin ETF will trade on the ASX as BTXX.

Bitcoin, Ether Reverse Losses as Germany Gets Back $200M BTC From Exchanges

[Jul 8 11:57 PM] Earlier Monday, BTC dropped to as low as $55,000 shortly after an address belonging to the German Federal Criminal Police Office (BKA) sent over $900 million to various addresses.

Bitcoin bulls refuse to flip bearish despite the $53,300 retest

[Jul 8 2:52 PM] BTC derivatives continue to show moderate bullishness, creating a positive outlook for reclaiming $60,000 soon.

Crypto-Friendly Sen. JD Vance's Odds as Trump VP Pick Double on Polymarket

[Jul 8 2:49 PM] Traders on the crypto-based prediction market now see a 29% chance that the Ohio Republican will be former President Trump’s running mate, up from 14% a week ago.

Republican National Committee Endorses Pro-Bitcoin Platform in Party Draft

[Jul 8 1:11 PM] Today, a Republican National Committee panel approved a draft of its 2024 party platform, that strongly supports Bitcoin. On page nine, the draft explicitly states, "We will defend the right to mine Bitcoin, and ensure every American has the right…

Price analysis 7/8: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

[Jul 8 12:56 PM] Bitcoin is facing intense selling pressure, but the positive divergence on the RSI suggests a recovery is possible in the near term.

Bitcoin Drops as German Government Unloads Over $900M Worth of BTC

[Jul 8 9:13 AM] Bitcoin's price briefly declined to $55,000 following the blockchain transactions.

CoinDesk 20 Performance Update: 19 Out of 20 Assets in the Green

[Jul 8 7:50 AM] FIL and LINK emerged as top performers, driving the CoinDesk 20 index higher by 3.2%.

First Mover Americas: BTC Rebounds to $57K

[Jul 8 6:23 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for July 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Climbs Over $57K, With Some Saying Mt. Gox Sales Already ‘Priced In’

[Jul 8 6:05 AM] Markets have priced in Mt. Gox’s ongoing repayments and U.S. policies could now start influencing the market, one trading desk said.

Digital Asset Funds Flip Positive for First Time in 4 Weeks: CoinShares

[Jul 8 5:02 AM] CoinShares attributes the inflows to recent price weakness prompted by defunct crypto exchange Mt. Gox initiating preparing to initiate repayments to creditors.

Ether Retakes $3K Amid Signs of Seller Exhaustion Before ETF Debut

[Jul 8 4:26 AM] Discounts in the Grayscale Ethereum Trust and the Coinbase indicator have evaporated in a positive sign for the ether bulls.

Ethereum ICO-Era Stalwart Golem Sent $100M Ether to Exchanges in the Past Month

[Jul 8 1:49 AM] The protocol was one of the first ICOs on Ethereum, raising $8.6 million worth of ether in 29 minutes and setting the precedent for thousands of other ICOs in the years since.

Germany Still Holds $1.3B Worth of Bitcoin, Blockchain Data Show

[Jul 7 11:58 PM] Germany has been running down its coin stash since mid-June.

CoinDesk 20 Down 7%, Bitcoin Sinks by 5% as Asia Trading Week Begins

[Jul 7 10:27 PM] CoinDesk 20 Down 7%, Bitcoin Sinks by 5%, as Market Tumbles as Asia Trading Week Begins

Bitcoin recovery fizzles, but SOL, DOT, NEAR and KAS could rally

[Jul 7 1:30 PM] Buyers will need to keep Bitcoin above $53,500 to start a recovery in SOL, DOT, NEAR and KAS.

Bitcoin ETF Investors Bought the Dip on Friday, With Inflows Topping $140M

[Jul 6 8:23 AM] Returning to their screens following the July 4 break, U.S. traders were confronted with prices that had plunged roughly 10% from pre-holiday levels.

Biden's Odds on Polymarket Little Changed After ABC TV Interview

[Jul 5 7:26 PM] The president's chances of reelection remain 12% and his probability of dropping out stayed at 63%, according to traders on the crypto-based prediction market platform.

Price analysis 7/5: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

[Jul 5 12:00 PM] The strong bounce in Bitcoin and select altcoins shows solid demand at lower levels, suggesting traders are buying the current dip.