[Apr 10 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Apr 10 5:39 AM] Bitcoin miners have been running down inventory in a rising market, moving away from the accumulation strategy seen ahead of prior halving in May 2020.
[Apr 10 4:38 AM] One analyst said profit taking by long-term holders spiked meaningfully into the $73,000 level and has cooled down in recent weeks, supporting a bullish bias in the future.
[Apr 10 3:56 AM] While 40% of respondents to the German bank’s survey said bitcoin will thrive in the coming years, 38% said they expect the cryptocurrency to disappear.
[Apr 10 2:27 AM] The social application was one of the biggest blockchain-based platforms by revenue for a short period last year before usage dropped off. A new version is bringing the hype back.
[Apr 9 9:57 AM] Bitcoin is showing resilience despite the slip, but the corrective period might continue for a while before a return to growth, one observer noted.
[Apr 9 9:27 AM] At the Bitcoin Policy Summit in Washington DC today, U.S. Congressman Patrick McHenry (R-NC) emphasized the importance of the United States taking a leadership role in Bitcoin and not lagging behind in during a fireside chat with Club for…
[Apr 9 9:00 AM] The launch of governance token is part of a broader strategy that involves plans to release Solana's first layer 2 scaling solution, Zeta Markets said in the press release.
[Apr 9 6:48 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Apr 9 4:36 AM] The decline likely represents profit-taking by investors who held coins for one year and over and marks a shift from the holding strategy seen through 2023.
[Apr 9 2:18 AM] The crypto market faces the U.S. tax season liquidity test around the time Bitcoin's blockchain implements the fourth mining-reward halving on April 20.
[Apr 8 12:53 PM] Rapidly expanding stablecoin supply shows that "fiat money is being moved into crypto at an accelerated pace," 10x Research's Markus Thielen said.
[Apr 8 7:32 AM] Eigenlayer has a 75% chance of sending users free tokens by June 30, the odds on Polymarket signal. Plus: Kalshi lands a big Wall Street account.
[Apr 8 7:29 AM] In the recent week, bitcoin and ethereum have regained their pace, with a specific set of nine cryptocurrencies posting significant gains in the double digits. During this period, CKB enjoyed a 47.1% uptick, BGB ascended by 21.6%, and TAO increased…
[Apr 8 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Apr 8 6:00 AM] The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now…
[Apr 8 5:00 AM] The proposed move would allow eligible users to acquire up to four times more tokens than the standard quota per wallet, among other benefits.
[Apr 7 7:03 AM] In the past 24 hours, the cryptocurrency market experienced a modest increase of 2.16% against the U.S. dollar, with bitcoin’s value lingering slightly above the $69,000 threshold. The Crypto Fear and Greed Index (CFGI) indicates that the…
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