Search
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
Bitcoin sell pressure may break $56K support as options expiry looms
15.8.2024
The Bitcoin price could experience significant downside volatility unless it manages to recover above $60,000 before the options expire on Aug. 16
Bitcoin sell pressure risk as $1.7B in dormant BTC moves over 2 days
14.8.2024
The movement of more than $1.7 billion in “dormant” Bitcoin could lead to downward pressure on Bitcoin in the coming weeks, according to an onchain analyst
Bitcoin Technical Analysis: BTC Struggles Amidst Bearish Pressure, Eyes Key Support Levels
12.8.2024
Bitcoin’s price on August 12, 2024, stands at $59,777, with intraday 24-hour prices ranging between $57,814 and $61,054. The cryptocurrency’s market capitalization is $1.16 trillion, supported by a 24-hour trade volume of $29.81 billion. As bitcoin navigates this challenging...
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
ETH ETFs launched in ‘weak market’ and could pressure Bitcoin: Analyst
26.7.2024
Spot Ether ETFs came during a weak market and could tempt investors to diversify, putting Bitcoin’s price at risk, says Capriole Investments founder Charles Edwards
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?
Over 36% of Mt. Gox Bitcoin distributed to creditors, but whales keep accumulating
17.7.2024
Bitcoin whales continue accumulating, despite the potential sell pressure from Mt. Gox creditors, which could see 99% of investors selling
Over 36% of Mt. Gox Bitcoin distributed to creditors, but whales keep accumulating
17.7.2024
Bitcoin whales continue accumulating, despite the potential sell pressure from Mt. Gox creditors, which could see 99% of investors selling
Mt. Gox repayments will only cause Bitcoin sell pressure among ‘paper hands’ — Analyst
16.7.2024
Only the holders with the least conviction will be selling Bitcoin on the Mt. Gox repayment news, according to popular on-chain analyst ZachXBT
Bitcoin Technical Analysis: BTC Pushes Through Resistance, Bullish Momentum Builds
15.7.2024
Bitcoin is currently priced at $62,612, with a 24-hour intraday price range of $59,302 to $63,259. The market capitalization stands at $1.23 trillion, and the 24-hour trade volume is $28.37 billion. Bitcoin The BTC/USD 1-hour chart indicates a recent uptrend starting from $59,302, peaking...
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...
Binance to Slash Gopax Stake Amid Crypto Regulation Pressure
11.7.2024
Binance is reportedly in the final stages of negotiations to reduce its stake in Gopax, a leading South Korean crypto exchange. This move comes as Binance seeks to address regulatory concerns and maintain Gopax’s status as a won-based exchange in South Korea. Navigating Turbulent Crypto...
Bitcoin traders ‘under pressure’ after deepest correction since 2022 erases profits
10.7.2024
83% of short-term Bitcoin traders saw losses after BTC price recorded its deepest drawdown since 2022
Bitcoin Price Decline on Germany, Mt. Gox and Miner Sell Pressure May Be Overblown: NYDIG
10.7.2024
Recent blockchain movements sparked "irrational" fears, offering a buying opportunity for investors, NYDIG's Greg Cipolaro said
Polymarket Odds of Biden Dropping Out Spike to 61% After Pelosi Urges 2024 Decision
10.7.2024
On Wednesday, former U.S. House Speaker Nancy Pelosi urged President Joe Biden to decide soon on whether to run, stating that “time is running short.” Following this, Polymarket bets surged to 61% in the afternoon, reflecting the odds of Biden stepping down. Currently, those odds have...
Glassnode Report Says Bitcoin Market Structure Remains Strong Amid Steep Decline
10.7.2024
Bitcoin has experienced its steepest decline in the current cycle, trading over 26% below its all-time high (ATH), according to onchain analysis firm Glassnode. This contraction has significantly affected short-term holders, with over 2.8 million BTC now below their acquisition price. Bitcoin...