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OTC Markets Gain Favor Amid Government Bitcoin Transactions
9.7.2024
In recent events, Germany has been directly involved in purchasing and selling large volumes of Bitcoin in the market. At the beginning of their activities, they preferred exchange transactions, whereas, at present, there is a tendency towards OTC operations. This action is consistent with their...
CoinDesk 20 Performance Update: ICP and ETH Lead Gains as Index Climbs 1.9%
9.7.2024
All 20 assets within the CoinDesk 20 are trading higher today
Bitcoin Steady Above $57K as Germany Moves 6.3K BTC to Exchanges
9.7.2024
The German government entity has moved hundreds of millions worth of BTC to exchanges in the past few weeks, contributing to selling pressure and bearish sentiment
First Mover Americas: Bitcoin Regains $57K Following $300M of ETF Inflows
9.7.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for July 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Cash's Mt. Gox-Led Sell-Off Is Amplified by Poor Liquidity
9.7.2024
Slippage, or price changes during execution of a trade, in the BCH market surged last week, signaling weak liquidity
Drop in Bitcoin Mining Difficulty 'Comparable to FTX Collapse,' CryptoQuant Says
9.7.2024
Miners’ profitability has been hit as the daily revenues fell from $78 million pre-halving to $26 million currently, one market analyst noted
Bitcoin ETF Traders Buy The Dip With Nearly $300M Inflows
9.7.2024
Such inflows are the highest since early June, data shows, with Blackrock’s BTC ETF taking on almost $190 million
Bullish Drivers Remain In Play Despite Germany's Bitcoin Sales and Mt. Gox Reimbursements
9.7.2024
Macro factors and persistent "risk-on" in traditional markets suggest a promising outlook after BTC-specific supply overhangs run dry
Australian Securities Exchange Gives Green Light to DigitalX's Bitcoin ETF
9.7.2024
DigitalX Bitcoin ETF will trade on the ASX as BTXX
Bitcoin, Ether Reverse Losses as Germany Gets Back $200M BTC From Exchanges
9.7.2024
Earlier Monday, BTC dropped to as low as $55,000 shortly after an address belonging to the German Federal Criminal Police Office (BKA) sent over $900 million to various addresses
Venezuelans Sent Over $460 Million in Remittances Using Crypto in 2023
9.7.2024
The Venezuelan migrant population, now exceeding 7 million, has used crypto to send over $460 million in remittances to the ones left behind in the country. According to Chainalysis, 30% of Venezuelan households received some form of remittance in 2023, with 9% using crypto as rails to reach their...
Bitcoin bulls refuse to flip bearish despite the $53,300 retest
8.7.2024
BTC derivatives continue to show moderate bullishness, creating a positive outlook for reclaiming $60,000 soon
Crypto-Friendly Sen. JD Vance's Odds as Trump VP Pick Double on Polymarket
8.7.2024
Traders on the crypto-based prediction market now see a 29% chance that the Ohio Republican will be former President Trump’s running mate, up from 14% a week ago
Price analysis 7/8: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
8.7.2024
Bitcoin is facing intense selling pressure, but the positive divergence on the RSI suggests a recovery is possible in the near term
$50K to $100K — 9 AI Chatbots Predict Bitcoin Prices for Year-End 2024
8.7.2024
At the end of April, Bitcoin.com News queried seven artificial intelligence (AI)-based chatbots about their year-end bitcoin (BTC) price predictions. A significant number of these generative AI chatbots offered optimistic forecasts, suggesting bitcoin could reach $80,000 or even surpass $100,000...
Bitcoin Drops as German Government Moves Another $500M of Assets
8.7.2024
Bitcoin's price briefly declined to $55,000 following the blockchain transactions
Prediction Markets and Polls Both Got the French Election Wrong
8.7.2024
Plus: Polymarket traders remain skeptical about Biden's insistence he's staying in the U.S. presidential race; will ETH fall to $2,630?
CoinDesk 20 Performance Update: 19 Out of 20 Assets in the Green
8.7.2024
FIL and LINK emerged as top performers, driving the CoinDesk 20 index higher by 3.2%
Ethereum Technical Analysis: ETH Clings to $3,000 Threshold Post-Rebound
8.7.2024
Ethereum (ETH) has experienced notable price movements recently, currently trading at $3,037. The intraday range has fluctuated between $2,803 and $3,096, with a market capitalization standing at $364 billion. Ethereum The 1-hour ETH/USD chart reveals a recent uptrend beginning at $2,803, marked...
Bitcoin Technical Analysis: BTC Prices Rebound Following $53,550 Low
8.7.2024
Bitcoin’s price stands at $57,206, with an intraday 24-hour range between $54,296 and $58,441. The market capitalization is $1.12 trillion, and the 24-hour trade volume reaches $33.69 billion. Bitcoin Bitcoin’s 1-hour chart shows a recent downtrend from $58,441 to $54,296, followed by...