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Crypto Market to Stay Highly Correlated to Stocks Amid Macro Events and Dwindling Network Activities, Citi Says

[Sep 6 1:11 PM] Digital assets are expected to stay highly correlated with equities amidst the upcoming macro calendar, the report said.

U.S. Added 142K Jobs in August, Likely Setting Stage for 25 Basis Point Rate Cut

[Sep 6 12:41 PM]

First Mover Americas: BTC Treads Water Ahead of U.S. Jobs Report

[Sep 6 12:07 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Crypto Market Lacks Major Near-Term Catalysts, JPMorgan Says

[Sep 6 11:59 AM] Total crypto market cap was $2.02 trillion at the end of August, a 24% decline from this year's peak of $2.67 trillion in March, the report said.

Bitcoin's 200-Day Average About to Lose Bullish Momentum; NFP Eyed

[Sep 6 11:04 AM] The average, widely considered a barometer of the long-term trend, has hit stall speed for the first time since October.

Weeks After Ether ETF Debut, ETH Market Liquidity Has Dropped by 20%

[Sep 6 7:34 AM] Order book liquidity refers to the market's ability to absorb large buy and sell orders without influencing the spot price.

Bitcoin trades under $57K, but data suggests pro traders are not bearish 

[Sep 5 7:11 PM] Bitcoin price fell closer to $56,000, leading traders to question whether the bull market is coming to an end. US job market data could hold the answer.

Aptos Leads Losses as Crypto Weakness Continues; Coinbase Shares Fall to 7-Month Lows

[Sep 5 6:09 PM] Cryptocurrencies continued their weak trading as recession fears weighed on risk assets ahead of Friday's key jobs data report.

Bitcoin Flounders Ahead of Friday Jobs Report That Might Push Fed to Slash Rates by 50 Basis Points

[Sep 5 3:37 PM] The U.S. central bank has indicated it will cut rates at its mid-September meeting, but the size of the move is up for debate.

First Mover Americas: BTC Erases Gains From Wednesday's Brief Rally

[Sep 5 12:11 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Retraces Below $57K as 'Sell-on-Rise' Action Continues

[Sep 5 11:28 AM] Crypto weakness may be a red flag for traditional risk assets, one analyst said.

Ether CME Futures Volume Shrinks as ETH ETFs Disappoint, Crypto Market Ducks Risk

[Sep 5 9:27 AM] The decline in trading volumes for ETH instruments suggests lower-than-expected institutional interest in the asset, particularly following the launch of spot ETH ETFs, according to CCData.

Why is Ethereum (ETH) price underperforming compared to the wider crypto market

[Sep 4 7:30 PM] Ether price continues to plunge as troubled investors worry about the lack of spot Ether inflows, declining Ethereum network fees and a potential tech stock bubble bursting.

U.S. Spot Bitcoin ETFs See Record $287 Million in Outflows, Except BlackRock

[Sep 4 7:08 PM] U.S. spot Bitcoin ETFs witnessed a significant exodus of funds, with $287.8 million withdrawn across the listed ETFs yesterday, marking the largest single-day outflow since May 1, Farside Investors data reveals. According to Arkham data, the only…

Price analysis 9/4: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

[Sep 4 5:06 PM] Bitcoin bulls are attempting to keep the price inside the current range, but BTC's growing weakness could eventually lead to new lows under $49,000.

First Mover Americas: Bitcoin Drops to Lowest Since August as U.S. Stocks Slide

[Sep 4 12:01 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Illiquid Bitcoin Is Now Record 74% of BTC's Circulating Supply. That's Bullish

[Sep 4 11:17 AM] According to ETC Group, the new high is a sign that the halving-induced supply shock is intensifying.

Bitcoin Mining Profitability Is Stuck at Record Lows, JPMorgan Says

[Sep 4 8:31 AM] Miners earned an average of $43,600 per exahash a second in daily block rewards last month, the lowest rate on record, the report said.

Solana's SOL Gets First Implied Volatility Index on Volmex

[Sep 4 7:36 AM] The new index will help traders guage expected SOL price turbulence over two weeks.

Bitcoin ETFs Bleed $287M, Largest Daily Outflow in Four Months

[Sep 4 5:21 AM] BTC traded lower as weak U.S. manufacturing data revived growth concerns.

Bitcoin Dives Under $56K as Asian Equities See Red

[Sep 4 1:52 AM] The August reading of the Institute for Supply Management’s manufacturing index slumped for a fifth straight month with a rebound from July but remaining below the 50 threshold.

Signs point to a likely altcoin rally in the final months of 2024

[Sep 3 10:56 PM] Altcoins fought an uphill battle for the first eight months of 2024, but several signs are suggesting that an explosive recovery is imminent.

Bitcoin price loses traction as miner profits drop and spot BTC outflows persist

[Sep 3 9:20 PM] Bitcoin has lost more than 10% in the past two weeks as fear of a US recession, spot Bitcoin ETF outflows and the threat of miner capitulation grows.

FBI Warns of North Korean Hackers Targeting U.S. Bitcoin And Crypto ETFs

[Sep 3 8:20 PM] Today, the FBI issued an alert warning that North Korean hackers are targeting U.S. cryptocurrency exchange-traded funds (ETFs) in a bid to steal digital assets. The hackers are using advanced social engineering techniques to breach the security of…

Bitcoin Could Drop 20% After Fed Rate Cuts in Bearish Case, but Weak September Presents Buying Opportunity: Analysts

[Sep 3 4:22 PM] Bitcoin could fall to as low as somewhere in the $40,000-$50,000 range following a September Fed rate cut in a bearish scenario, Bitfinex said in a report.

Crypto Tuesday Crumble Sends Bitcoin Below $58K, Ether to 7-Month Low

[Sep 3 3:18 PM] Flattish markets turned decidedly negative as U.S. stocks posted sharp losses following the three-day weekend.

First Mover Americas: Bitcoin Gain Checked by Hints of Further BOJ Rate Rises

[Sep 3 12:05 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Ripple Will Soon Add Ethereum Compatible Smart Contracts to XRP Ledger

[Sep 3 12:01 PM] The contracts will exist on a sidechain built on XRPL, developers said in a Tuesday post.

Bank of Japan Governor Hints at More Rate Hikes; BTC Drops 0.4%

[Sep 3 10:28 AM] The divergent monetary policy paths of the BOJ and the Fed mean potential for yen strength and pain for risk assets, including cryptocurrencies.

WazirX Hacker Starts to Move Stolen Ether Using Tornado Cash

[Sep 3 2:32 AM] The Indian crypto exchange was hacked for over $230 million in July, and a restructuring process is underway in Singapore.