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Mt. Gox moves $2.2B of Bitcoin, adding to BTC selling pressure
5.11.2024
Over $9.4 billion worth of Bitcoin was owed to approximately 127,000 Mt. Gox creditors for over 10 years
Altcoin Selling Pressure Looms as $500M in Token Unlocks Scheduled This Week
14.10.2024
Unlocks increase the total available supply of a certain token but don’t necessarily hit the open market immediately
Bitcoin Falls to $60.5K as Coinbase Premium Gap Points to Sell Pressure
10.10.2024
Bitcoin had a rough Wednesday, starting the day above $62,000 but quickly slipping to a daily low of $60,541. The market turbulence didn’t stop there, as over $40 million in bitcoin long positions were wiped out. Across the broader crypto space, both long and short positions saw liquidations...
Mt. Gox and US gov’t could introduce $14b Bitcoin selling pressure
30.8.2024
Bitcoin’s crabwalk could extend into September, as Mt. Gox and the US government threaten to add nearly $15 billion worth of additional selling pressure
Ether price drops 26% since ETF launch as supply increases by 60,500 ETH
19.8.2024
The US Ether ETFs generated over $420 million worth of selling pressure for the world's second-largest cryptocurrency
US gov’t $590M Silk Road Bitcoin transfer to Coinbase unlikely to be sold: Analyst
15.8.2024
The government could also be looking to custody or trade the Bitcoin, based on a recent partnership with Coinbase Prime
Hashrate recovery reduces Bitcoin miners’ selling pressure in July
31.7.2024
Miner revenues soar 50%, pushing Bitcoin hashrate higher and reducing selling pressure from miners’ reserves
First Mover Americas: BTC Slides as U.S. Government-Linked Selling Pressure Looms
30.7.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for July 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
First Mover Americas: Bitcoin Regains $66,000, but Mt. Gox Selling Pressure Persists
24.7.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for July 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Kraken finishes Mt. Gox Bitcoin distribution, but creditors aren’t selling BTC
24.7.2024
Mt. Gox creditors aren't selling their Bitcoin, despite preliminary concerns that 99% of them could be looking to offload BTC
Mt. Gox prepares for repayments on Bitstamp, executes test transactions
22.7.2024
Another wave of Bitcoin could be flooding the market as Mt. Gox prepares to continue creditor repayments. Will 99% of the Mt. Gox creditors really sell their Bitcoin?
Bitcoin Technical Analysis: Bulls Held Back by Selling Pressure and Key Resistance
12.7.2024
Bitcoin’s price on July 12, 2024, exhibits a clear bearish trend across multiple timeframes. The leading cryptocurrency’s current price stands at $57,237, with a notable intraday range from $56,608 to $59,516. Bitcoin On the 1-hour chart, bitcoin shows a decline from a high of $59,516...
German gov’t transfers another $900M in Bitcoin, adding to BTC’s selling pressure
8.7.2024
Repeated Bitcoin transfers to centralized exchanges suggest the German government plans to sell the remaining $1.3 billion in BTC holdings
Analyst: Mt Gox Repayment Event Will Cause 4x the Selling Pressure for BCH Compared to BTC
6.7.2024
Peter Chung, an analyst of Presto Research, has examined the intensity of the selloff that ostensibly will be caused by the repayment of Mt Gox creditors, set to flood the market with close to 142,000 BTC between July and October. According to Chung, BCH will hurt the most with this selloff, given...
Bitcoin Traders Target $50K as Billions in BTC Selling Pressure Looms
5.7.2024
“The German government still has over $2.3 billion worth of bitcoin, Mt. Gox has more than $8 billion, and the US government has over $12 billion,” one trader pointed out
Up to 99% of Mt. Gox’s $8.2B Bitcoin could be sold: Analyst
5.7.2024
Nearly all of Mt. Gox’s former creditors might be looking to sell their Bitcoin, which has increased by over 8,500% in value in the 10 years since the exchange’s collapse
German gov’t transfers another $52M Bitcoin, threatening more BTC selling pressure
2.7.2024
The repeated Bitcoin transfers to centralized exchanges suggest that the government is planning to sell its $2.75 billion worth of BTC holdings
Crypto ‘relief rally’ may be just beginning with sellers exhausted
2.7.2024
The crypto market could bounce back this month after a rocky June, with stablecoin outflow from exchanges showing slowing selling pressure
Crypto Markets To See Selling Pressure in July From Mt. Gox Creditors: JPMorgan
27.6.2024
If most of the liquidations by Mt. Gox creditors occur next month, crypto markets are expected to sell off in July then rebound in August, the report said
Bitcoin Technical Analysis: BTC Faces Continued Downtrend Amidst High Selling Pressure
21.6.2024
Bitcoin’s price continues its downward trajectory, coasting along at $63,950 per unit on June 21, 2024. Despite showing potential entry points, the market is experiencing significant selling pressure across all time frames. Technical indicators suggest a cautious approach for traders...