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Midday Mover: BNB, SOL Outperform as Bitcoin Clings to $30K

[Jul 11, 2023 3:11 AM] PLUS: Mantle Network is mulling a $200 million ecosystem fund for its new layer-2 blockchain.

Bitcoin NFTs Back in Spotlight as Ordinals Cross 350K Daily Inscriptions

[Jul 11, 2023 1:17 AM] Bitcoin Ordinals, a method of generating non-fungible tokens (NFT) through a process called inscribing, debuted in January, bringing the NFT and smart contract narrative to the Bitcoin blockchain.

Survey Suggests Crypto Investors May Neglect Key Metrics Pertinent To Bitcoin

[Jul 11, 2023 12:00 AM] Investors' tendency to prioritize conventional metrics over crypto-specific factors has implications for both Bitcoin the network and Bitcoin the asset. The Digital Disclosure Survey conducted by Broadridge Financial Solutions sheds light on the…

Crypto Catalyst Watch: June CPI, PPI Readings Hold the Spotlight

[Jul 10, 2023 7:31 PM] The CPI sank to 4% in May and has been trending downward, although the Federal Reserve seems likely to follow through on an intended rate hike later this month.

First Mover Asia: Individual Wallets Holding 1 Bitcoin Hit All-Time High as BTC Maintains $30K

[Jul 10, 2023 7:01 PM] PLUS: Binance.US has a free money problem, but there's not enough trust in the platform to exploit it.

Bitcoin Falls Back Below $31K After Late Monday Surge

[Jul 10, 2023 4:50 PM] The head of research for digital asset manager 3iQ wrote that the largest cryptocurrency by market capitalization is still riding tailwinds from multiple spot bitcoin ETF filings and other June events.

Price analysis 7/10: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC

[Jul 10, 2023 11:57 AM] The weakness in the U.S. Dollar Index bodes well for Bitcoin and altcoins in the near term.

Grayscale Bitcoin Trust Discount Narrows to Lowest Since May 2022

[Jul 10, 2023 11:15 AM] The discount has been narrowing on hopes the SEC might soon approve a spot bitcoin ETF.

Luxor Technologies Expands Bitcoin Mining Derivatives With 6-Month Contracts And Daily Settlement Rates

[Jul 10, 2023 10:51 AM] Luxor Technologies, a Bitcoin mining software and services company, has announced the expansion of its Bitcoin mining derivatives contracts. According to a press release sent to Bitcoin Magazine, the new offering from Luxor's Derivatives Desk…

Bitcoin Could Rise to $120K by End-2024: Standard Chartered

[Jul 10, 2023 8:45 AM] The bank previously said it expected the cryptocurrency to reach $100,000 by then.

First Mover Americas: Bitcoin Holding Above $30K After Quiet Weekend

[Jul 10, 2023 7:13 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for July 10, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Steady Above $30K as China Factory Deflation Suggests End of Global Tightening Cycle Is Near

[Jul 10, 2023 3:23 AM] China is exporting deflation across the Western world. Ultimately this will be good for risk assets as it relates to the end of the global interest-rate increase cycle, one observer said.

First Mover Asia: Bitcoin Opens Week Defending $30K Support Level

[Jul 9, 2023 7:02 PM] PLUS: The dYdX Foundation's Charles d'Haussy says that dYdX's move away from Ethereum might be the beginning of a broader trend.

Bitcoin price gathers strength as SOL, AVAX, FIL and EOS prep for a breakout

[Jul 9, 2023 12:34 PM] SOL, AVAX, FIL and EOS price are beginning to look attractive, especially if Bitcoin opens the week with a renewed attack on the $31,000 level.

3 reasons why Bitcoin’s price is primed to hold the $30,000 level as support

[Jul 7, 2023 2:56 PM] Bitcoin’s price has been showing weakness near the $30,000 level, but multiple data points highlight the fact that bears remain at a disadvantage.

Price analysis 7/7: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT

[Jul 7, 2023 12:35 PM] Bitcoin and select altcoins are finding buyers at lower levels, indicating a pick-up in positive sentiment.

Storj, Filecoin and Solana Lead First Week of July Crypto Market Gains

[Jul 7, 2023 11:55 AM] STORJ, the native token of the crypto-backed, cloud storage platform, rose 15% on the week, far outdistancing bitcoin and ether, among other digital assets.

Bitcoin Retakes $30K, Asian Stocks Hit 5-Week Low Ahead of U.S. Jobs Report

[Jul 7, 2023 3:25 AM] The Bureau of Labor Statistics will release the nonfarm payrolls report for June at 12:30 UTC.

SEC Approval of Spot Bitcoin ETF Is Unlikely to Be a Game Changer for Crypto Markets: JPMorgan

[Jul 7, 2023 2:51 AM] Such ETFs have existed for some time in Canada and Europe, but have failed to attract large investor interest, the report said.

First Mover Asia: Bitcoin Whales Are Increasing, but BTC Sent to Exchanges Continues to Fall. What Does the Trend Mean?

[Jul 6, 2023 8:53 PM]

Mawson Infrastructure Group Deploys 2,600 Bitcoin Miners at Newly Secured Pennsylvania Site

[Jul 6, 2023 11:30 AM] Mawson Infrastructure Group, a publicly-listed bitcoin mining operation, announced on Thursday that it has acquired a new mining site in Bellefonte, Pennsylvania. The company detailed that it has swiftly deployed 2,600 bitcoin miners at the…

The Arrival Of BlackRock: Bitcoin’s First Spot ETF

[Jul 6, 2023 11:19 AM] The article 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…

4 reasons why Ethereum price can't break $1,970

[Jul 6, 2023 7:31 AM] The Ethereum network has faced withdrawals from its smart contract applications, putting the recent ETH price rally in check.

Bitcoin Retreats to $30.6K as Blowout ADP Report Strengthens Fed Rate Hike Bets

[Jul 6, 2023 7:28 AM] Traders now see a 94% chance of the Fed raising rates by 25 basis points later this month.

First Mover Americas: Bitcoin Cash Rises More Than 10%

[Jul 6, 2023 6:45 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for July 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Price Rally Puts Focus on Futures Spread That Underscores Need for Spot ETFs

[Jul 6, 2023 5:04 AM] Observers call for spot-based bitcoin ETF as the bull market raises cost of pre-expiry rollover of positions for futures-based ETFs.

Bitcoin Could Rally to $125K by End-2024: Matrixport

[Jul 6, 2023 1:55 AM] The bullish forecast is consistent with bitcoin's tendency to chalk out sharp uptrends in months after the mining reward halving. The fourth halving is due in early 2024.

First Mover Asia: Bitcoin Near $30K Remains Unmoved by BlackRock CEO Comments, Hawkish FOMC Minutes

[Jul 5, 2023 6:29 PM] PLUS: A candidate to become Thailand's next Prime Minister owns bitcoin, ether, BNB and ADA. Here's why the disclosure by Pita Limjaroenrat matters.

Price analysis 7/5: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT

[Jul 5, 2023 1:35 PM] Bullish crypto traders are struggling to clear the overhead barrier in Bitcoin and select altcoins, indicating that bears have not given up yet.

Decentralized Exchange dYdX Launches Public Testnet on Cosmos

[Jul 5, 2023 11:00 AM] The DEX said users can now trade bitcoin and ethereum on the public testnet.