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Bitcoin Seesaws Back Under $26K After CPI, as Investors Await Fed Rate Hike Decision
13.6.2023
The U.S. central bank now seems increasingly likely to suspend its more than year-long campaign of interest rate hikes. An analyst flags recessionary concerns in a note to CoinDesk
Why Bitcoin’s resistance to retesting the $25K support could be futile
13.6.2023
Bitcoin price continues to explore the lower regions of its trading range, but a drop to $25,000 seems nearly inevitable according to derivatives data
Bitcoin, Ether and Stablecoins Total 80% of $1T Crypto Market Cap as Investors Flee Altcoins
13.6.2023
The combined market capitalization of BTC, ETH and stablecoins reached the highest since February 2021, digital asset research firm K33 Research noted
Bitcoin Miners Transfer $174M Worth of Coins to Exchanges in Two Weeks
13.6.2023
The 14-day average of miner transfers to exchanges has increased sharply to 489.26 BTC, the highest since March 2021, according to Glassnode
Bitcoin, Ethereum Technical Analysis: BTC Above $26,000 Ahead of US Inflation Report
13.6.2023
Bitcoin rose above the $26,000 level on Tuesday, as markets prepared for the latest U.S. inflation figures. Consumer prices for May are expected to fall to 4.1% — double the Federal Reserve’s 2% target. Ethereum remained below $1,800. Bitcoin Ahead of the upcoming inflation report...
XRP Prices Jump as Hinman Speech Released in Ripple Labs Filing
13.6.2023
Hinman suggested in his 2018 speech that bitcoin (BTC) and ether (ETH) were not securities, in his view
First Mover Americas: eToro Delists 4 SEC Targeted Tokens for U.S. Customers
13.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
ChatGPT-Style Crypto App Sets AI Loose on Fed Rate-Bitcoin Price Relationship
13.6.2023
The team behind Hong Kong-based Chain of Demand has built investment analytics engines for financial institutions and data providers like Bloomberg
Bitcoin's MACD Indicator Flips Bearish, Scares Crypto Twitter
13.6.2023
MACD histogram is a technical indicator widely used to gauge trend strength and trend changes
South Korean Crypto Yield Platform Haru Invest Pauses Withdrawals and Deposits
13.6.2023
The firm blamed the pause on a “certain issue” with one of its service partners, and said it is working on a contingency plan, according to a blog update
Republican Congressman Seeks to Oust SEC Chair Gensler With SEC Stabilization Act
13.6.2023
Warren Davidson, the Republican congressman who first introduced the legislation in mid-April, has filed the SEC Stabilization Act to remove Gary Gensler, the current chair of the U.S. Securities and Exchange Commission (SEC). Davidson insists the act aims to safeguard U.S. capital markets...
First Mover Asia: Binance's Exchange Flow Flips Positive; Bitcoin Trades Flat
13.6.2023
ALSO: The co-founder of crypto security firm De.Fi called the price stabilization of crypto assets that plummeted after SEC lawsuits against Binance and Coinbase "mean regression."
NFT Market Sees 20% Drop in Weekly Sales After a Few Weeks of Gains
13.6.2023
After several weeks of consecutive gains, sales of non-fungible tokens (NFTs) have slumped 20.44% this week compared to the previous week. According to seven-day statistics, NFT sales totaled $152.96 million last week, with $84 million in sales originating from the Ethereum blockchain. This...
Bitcoin Dithers Below $26K as Investors Eye CPI Data, FOMC Rate Hike Decision
12.6.2023
The largest cryptocurrency held its perch where it spent much of the previous three days
Sturdy Finance Falls Victim to Exploit, Losing 442 ETH in Latest Defi Hack
12.6.2023
Decentralized finance (defi) platform Sturdy Finance was exploited on Sunday evening, losing 442 ether to an attacker. The team behind the project stated that it is aware of the reported exploit and paused markets at 10:19 p.m. ET. 442 Ethereum Worth Over $766K Siphoned From Sturdy Protocol...
Crypto fund outflows reach $417M over 8 weeks as investor caution persists
12.6.2023
According to CoinShares, digital asset investment product outflows amounted to $88 million last week
Crypto Catalyst Watch: What Might Move Markets This Week
12.6.2023
The Federal Reserve’s latest rate hike decision and U.S. inflation data are among key upcoming items
Price analysis 6/12: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
12.6.2023
Market observers will closely watch the United States CPI data and the Fed’s policy decision to provide direction to the stock and crypto market
Crypto Investment Funds See 8th Consecutive Week of Outflows
12.6.2023
Unfavorable monetary and regulatory policy continue to take a toll on the industry
Bank of China’s BOCI Issues Tokenized Securities on Ethereum in Hong Kong
12.6.2023
It’s the first-such transaction by a Chinese financial institution in Hong Kong, according to the company