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Crypto products post $726M outflows amid rate cut uncertainty
9.9.2024
CoinShares expects that a 50 basis point cut is more likely if inflation comes in below expectations in the upcoming inflation report on Sept. 10
Crypto products post $726M outflows amid rate cut uncertainty
9.9.2024
CoinShares expects that a 50-basis-point cut is more likely if inflation comes in below expectations in the upcoming inflation report on Sept. 10
Bitcoin Technical Analysis: Path to $58K Blocked by Heavy Resistance at $56,000
9.9.2024
On September 9, 2024, bitcoin is trading for $55,321, rebounding from recent lows but facing strong resistance around the $56,000 mark. Oscillators and moving averages present a mixed picture, with signals split between sell and buy actions. Bitcoin Bitcoin’s price saw a short-term recovery...
First Mover Americas: Bitcoin Reclaims $55K Ahead of Tuesday's Harris-Trump Debate
9.9.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
A 0.50% Fed Rate Cut Could Raise Alarm for Bitcoin, 10X Research Warns
9.9.2024
The Fed is expected to begin its much-anticipating rate-cutting cycle from next week
Graph Foundation Director: BTC Rally Fails to Rekindle Investor Interest in Crypto Startups
9.9.2024
According to a director of a non-profit organization, investors’ growing interest in artificial intelligence (AI) may be diverting funds away from crypto startups. The director suggested that the diminished investor interest, even with a rising crypto market, supports this assertion....
Whales are Making the Most of the Ongoing BTC Dip
9.9.2024
A total of three whales have reportedly accumulated almost 2,814 Bitcoin tokens since September 1, 2024. This translates…
Bitcoin Layer 2 Protocol Stacks Achieves New High in Smart Contract Deployments
9.9.2024
Stacks, the Bitcoin Layer-2 protocol, has achieved a new high in smart contract deployments, with a 30% month-over-month increase. This growth reflects the ongoing efforts of developers to enhance the Bitcoin ecosystem, making Bitcoin a more productive network. The increase in deployments...
Nigeria’s SEC to crack down on unregulated crypto exchanges
9.9.2024
Nigeria’s SEC will enforce regulations on unregulated crypto businesses, protecting investors while encouraging innovation in the growing market
Bitcoin Could Hit $90K by Year End if Trump Becomes President Again: Bernstein
9.9.2024
If Kamala Harris wins, bitcoin could drop to as low as $30K, the report said
Japan Based Agile Energy X Considers ‘Green’ Bitcoin Mining
9.9.2024
Japan-based Agile Energy X is reportedly considering ‘green’ Bitcoin mining to save wasted renewable energy. Founded in 2022,…
Bitcoin Bottom In? BTC Order Book Liquidity Says Yes
9.9.2024
Low liquidity, represented by market depth, is often seen at market bottoms, Hyblock Capital said
Woo X Introduces Social Trading With Ability to Hedge Against Leading Traders
9.9.2024
Woo X, a crypto futures and spot trading platform, has launched its new social trading product, featuring a counter trading feature. This tool allows users to hedge against lead traders, offering additional opportunities for profit in varying market conditions. The platform also introduces a fair...
Bitcoin ETFs record combined $1.2B in outflows in 8 days
9.9.2024
Despite the outflows, crypto ETFs outshined the over 400 new ETFs in 2024, with the four biggest launches being spot Bitcoin ETFs
Trump Threatens Countries Leaving the U.S. Dollar With 100% Tariffs
9.9.2024
Former President and Republican candidate Donald Trump announced future sanctions for countries supporting de-dollarization. At a rally held in Wisconsin, Trump declared: “You leave the dollar, and you’re not doing business with the United States because we are going to impose a 100% tariff...
Is crypto entering a bear market? — 5 Things to know in Bitcoin this week
9.9.2024
Bitcoin and crypto institutional product outflows underscore what is becoming a standard September for BTC price performance
Bitcoin ETFs need time to be ‘instrument of adoption’ — Bianco Research CEO
9.9.2024
Bianco Research CEO Jim Bianco says the next Bitcoin halving in 2028 and significant development of on-chain tools are needed for wider ETF adoption
Bitcoin ETFs need time to be ‘instrument of adoption’ — Bianco Research CEO
9.9.2024
Bianco Research CEO Jim Bianco says the next Bitcoin halving in 2028 and significant development of onchain tools are needed for wider ETF adoption
Japanese power giant TEPCO explores ‘green’ Bitcoin mining: Report
9.9.2024
The company aims to prevent wasted renewable energy through curtailment and promote the widespread use of Bitcoin mining
Moscow Exchange Opts out of Russia’s Crypto Trading Program
9.9.2024
The Moscow Exchange (MOEX), Russia’s largest securities marketplace, will not participate in an experimental program for cryptocurrency trading, as confirmed by Nikolai Trunichkin, head of digital projects at the exchange. This decision follows the Russian State Duma’s July approval of...