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Research Shows Institutional Custodians and ETFs Drive Significant Bitcoin Market Movements
18.7.2024
The bitcoin market recently saw a significant sell-off, absorbing over 48,000 BTC from the German government. Amidst this and upcoming Mt Gox distributions, a report from Glassnode researchers explores how these sell-side forces and exchange-traded funds (ETFs) impact bitcoin’s price action....
Bitcoin analysts say 74K is the next stop for BTC price
18.7.2024
Bitcoin could be gearing up for a rally to the $74,000 mark, but to confirm the move, it needs to reclaim the old all-time high of $69,000
Cryptoquant Insights Report: Seller Fatigue Suggests Bitcoin Price Bottom
18.7.2024
Bitcoin prices may have reached a local low, as suggested by researchers at cryptoquant.com. The firm’s recent institutional insights report says large sellers appear to have depleted their selling power, and key valuation metrics point to potential positive price movement. Report Notes...
Bitcoin hashrate drawdown hits bear market levels, but miners aren’t selling
18.7.2024
Could miner capitulation signal that selling pressure is easing, or could it be the death spiral that takes Bitcoin out of its decade-long run?
Germany Dumping $2.8B Bitcoin Is 'Market Intervention,' Despite Murky Legal Justifications
18.7.2024
One expert told CoinDesk the law does not provide for an obligation, but merely an opportunity to sell, while another alleged that “How they handled this sell-off moved the market and is intervention in public markets.”
Kraken Custody expands to UK and Australia markets
18.7.2024
Kraken's expansion of its custody services to the UK and Australia marks its first international venture, catering to institutional clients outside the US
Bitcoin price hits bull market trendline that last sparked 30% gains
18.7.2024
Bitcoin practically reclaims the short-term holder realized price, bringing with it both their breakeven point and the odds of significant BTC price upside
NFTs poised for comeback despite sales drop say execs
18.7.2024
Despite a 45% drop in NFT sales during Q2 2024, Web3 professionals remain optimistic about the future of non-fungible tokens
Okx Quits Nigerian Market, Users Urged to Withdraw Funds Before Deadline
18.7.2024
Okx, a leading cryptocurrency exchange, has announced its decision to discontinue services in Nigeria starting from August 16, 2024. The company cited unfavorable policies by the Nigerian government as the reason for this move. Okx said Nigerian users are advised to withdraw their funds from...
Bitcoin Dips Below $64K as U.S. Equity Selloff Stalls Crypto Rebound
17.7.2024
A stock market correction is the biggest risk for the crypto market, but a renewed downturn would be a buying opportunity, an LMAX Group strategist said
Stablecoin Market Expands by $344M in 7 Days, Led by Paypal’s PYUSD Growth
17.7.2024
While the stablecoin economy experienced tepid growth in June, it expanded by $344.15 million over the past seven days. Paypal’s PYUSD, currently the eighth largest stablecoin by market capitalization, led the growth over the past 30 days, increasing 41.2% to reach $585.25 million....
Bitcoin Summer 2024: What to Expect
17.7.2024
BTC is currently flat, caught in a plateau between narratives. What factors could wake the bull again? Alexander Blume, CEO of Two Prime, looks ahead
Here’s what happened in crypto today
17.7.2024
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation
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
Crypto Exchanges Clamping Down on Prime Brokers Is Backwards Step for Market Efficiency, Traders Say
17.7.2024
Market Maker Flowdesk Doubled Down on the U.S. as Things Looked Bleak. Now That Bet Is Paying Off
17.7.2024
Flowdesk's CEO made a contrarian bet on the U.S. as the Securities and Exchange Commission was waging war on crypto. Fast forward a year, and the country has bitcoin ETFs, ether ETFs are imminent and pro-crypto legislation is before the Senate
Daily crypto round-up: Trending tokens, Bitcoin stability, and market insights
17.7.2024
The cryptocurrency market is constantly moving, attracting many investors’ attention. Today, we explore Bitcoin’s uptick in price, significant market changes driving behaviors, and cryptocurrencies that are topping the charts. This is your daily crypto news round-up, which you...
XRP Surges 12% on the Back of Triangle Pattern, Rising Futures Bets Favor Bullish Price Moves Ahead
17.7.2024
Open interest in XRP-tracked futures has nearly doubled over the past seven days, which is indicative of traders’ expectations of price volatility ahead
BTC price tags $66K — can Bitcoin bulls beat out $100M of asks?
17.7.2024
Bitcoin buyers need to ramp up pressure to squeeze the market back toward all-time highs, BTC price analysis concludes