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Bitcoin price eyes $22K as US PMI data hits lowest since May 2020
23.8.2022
BTC price bounces and the U.S. dollar falls from fresh twenty-year highs as PMI numbers reignite talk of recession
DBS bank reports 4X growth in Bitcoin buys on DDEx exchange in June
23.8.2022
Crypto investors bought four times more Bitcoin on DBS Bank’s DDEx in June than in April 2022 as BTC price dipped below $20,000
Market Wrap: Bitcoin Price Falls as Markets Await Fed Chair Powell’s Comments
22.8.2022
Bitcoin (BTC) sold off mildly in Monday trading, declining 0.65% on average trading volume. The largest cryptocurrency by market capitalization rose 3% over the weekend, and has settled in near the $21,000 mark after plunging Friday. Market Wrap is CoinDesk’s daily newsletter diving into what...
Canaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits
22.8.2022
This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says the industry is “evolving toward a positive long term.”
Summer doldrums? Crypto volumes are down 55%, according to CoinShares
22.8.2022
Bitcoin investment products, which include ETFs, ETPs and Grayscale’s GBTC, saw a third consecutive week of outflows
3 reasons why the Bitcoin price bottom is not in
20.8.2022
Bear market fractals, weak technicals and macro risks continue to signal more pain for Bitcoin ahead
Crypto market bloodbath leads to over $500M in liquidations in 24 hours
19.8.2022
Data from crypto analytic firm Glassnode shows future long liquidation of BTC touched a new 8-month high as BTC price crashed below $22,000 on Friday
Weak address growth points to Bitcoin price failing to sustain $25K
19.8.2022
Active addresses did not mimic previous successful price breakout this month, one analyst says, while seemingly realized price returns as resistance
First Mover Americas: Fifth Day of Declining Bitcoin Price Has Some Traders Looking Out Below
18.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 18, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Chinese mining giant Canaan doubles profits despite the blanket crypto ban
18.8.2022
The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June
Bitcoin price heads above $23.5K after highest EU inflation in history
18.8.2022
Inflation surprises keep coming, while the European central bank refuses to rule out even higher numbers in future
Bitcoin price dives pre-FOMC amid warning $17.6K low was not the bottom
17.8.2022
The bottom "is not in" for either stocks or crypto, one analyst believes, as alarming data shows copycat moves from 2008 by the S&P 500
Bitcoin price sees firm rejection at $24.5K as traders doubt strength
17.8.2022
$24,500 keeps control on hourly timeframes as gains for both Bitcoin and Ethereum are quickly extinguished
Is Bitcoin really a hedge against inflation?
16.8.2022
Bitcoin is working as a hedge against inflation despite its 2022 weak price performance, says Steven Lubka, managing director of private clients at Swan Bitcoin
Bitcoin price hits multi-day low as data warns of 'overbought' stocks
16.8.2022
Major resistance levels enter for U.S. equities, bringing with them fresh headwinds for crypto as Bitcoin and Ethereum lose $24,000 and $2,000, respectively
Bitcoin price corrects after hitting a wall at a multi-month descending trendline
15.8.2022
“Up only” Bitcoin and Ethereum take a breather after encountering resistance at a stiff multi-month descending trendline
Skybridge Expects Bitcoin to Reach $300K in 6 Years — ‘You Are Going to See a Lot More Commercial Activities’
15.8.2022
Skybridge Capital is “pretty optimistic” about bitcoin and ethereum over the next 12 to 24 months. The global asset management firm’s founder explained that the world’s largest cryptocurrency could reach $300K in six years, urging investors to “just relax”...
Market Wrap: Bitcoin Price Finishes Higher for Third Consecutive Week
12.8.2022
The largest cryptocurrency by market capitalization has responded favorably to improved economic indicators
Here are Bitcoin price levels to watch as BTC dips 5% from highs
12.8.2022
Familiar support zones are back on the radar after $25,000 proves too much for Bitcoin bulls
Market Wrap: Bitcoin Price Rises but Ether Outpaces as Merge Nears
11.8.2022
Ether’s price has been accelerating at a faster pace than bitcoin’s