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Bitcoin price loses traction as miner profits drop and spot BTC outflows persist
3.9.2024
Bitcoin has lost more than 10% in the past two weeks as fear of a US recession, spot Bitcoin ETF outflows and the threat of miner capitulation grows
Bitcoin price loses traction as miner profits drop and spot BTC outflows persist
3.9.2024
Bitcoin has lost more than 10% in the past two weeks as fear of a US recession, spot Bitcoin ETF outflows and the threat of miner capitulation grows
Bitcoin Could Drop 20% After Fed Rate Cuts in Bearish Case, but Weak September Presents Buying Opportunity: Analysts
3.9.2024
Bitcoin could fall to as low as somewhere in the $40,000-$50,000 range following a September Fed rate cut in a bearish scenario, Bitfinex said in a report
Crypto Tuesday Crumble Sends Bitcoin Below $58K, Ether to 7-Month Low
3.9.2024
Flattish markets turned decidedly negative as U.S. stocks posted sharp losses following the three-day weekend
First Mover Americas: Bitcoin Gain Checked by Hints of Further BOJ Rate Rises
3.9.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Ripple Will Soon Add Ethereum Compatible Smart Contracts to XRP Ledger
3.9.2024
The contracts will exist on a sidechain built on XRPL, developers said in a Tuesday post
Bank of Japan Governor Hints at More Rate Hikes; BTC Drops 0.4%
3.9.2024
The divergent monetary policy paths of the BOJ and the Fed mean potential for yen strength and pain for risk assets, including cryptocurrencies
Vitalik Buterin says AI prediction markets can make X community notes faster
3.9.2024
Vitalik Buterin said that the biggest criticism of X's community notes is that they do not appear fast enough.
New zero-KYC proposal aims to secure P2P crypto transactions
3.9.2024
A Reddit user’s draft proposal aims to prevent MitM scams in P2P cryptocurrency markets by securing transactions without KYC
WazirX Hacker Starts to Move Stolen Ether Using Tornado Cash
3.9.2024
The Indian crypto exchange was hacked for over $230 million in July, and a restructuring process is underway in Singapore
BNB Chain DEX volumes drop 24% in a week — Is BNB in trouble?
2.9.2024
BNB price has struggled, but some investors claim Changpeng “CZ” Zhao’s release will pump BNB price even as network fundamentals worsen
Price analysis 9/2: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
2.9.2024
Bitcoin is attempting a slight recovery, but closing above the $60,000 market will be the first step to achieve before BTC and altcoins can bounce from their recent lows
Russian Analyst Examines Post-Airdrop Performance of Hamster Kombat Token
2.9.2024
Vladislav Antonov, a financial analyst at Bitriver, one of Russia’s largest mining data center operators, believes that post-airdrop interest in Hamster Kombat, the popular tap-to-earn game, will grow quickly. However, if the game fails to evolve from its current ‘clicker’ state...
Markets Bet Big on a 25bps Fed Rate Cut—Low Odds for a Bigger Reduction
2.9.2024
On Sept. 2, 2024, or roughly 16 days before the next Federal Open Market Committee (FOMC) meeting, an overwhelming majority of the market seems to be predicting the U.S. Federal Reserve to cut the federal funds rate by 25 basis points (bps) on Sept. 18. The U.S. federal funds rate is currently...
Ethereum Technical Analysis: ETH Price Hovers in Consolidation Zone
2.9.2024
On September 2, 2024, ethereum was priced at $2,517, with a 24-hour intraday range of $2,407 to $2,531. Over the past week, its price fluctuated between $2,409 and $2,740, reflecting ongoing volatility. With a 24-hour trading volume of $14 billion and a market capitalization of $302.85 billion...
First Mover Americas: Bitcoin Sits Around $58.5K at Start of Historically Bearish September
2.9.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 2 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Technical Analysis: BTC Fails to Break Key Resistance Levels
2.9.2024
On September 2, 2024, at 7:30 a.m. EDT, bitcoin’s price stood at $58,388, fluctuating within an intraday range of $57,257 to $58,698. With a trading volume of $29.57 billion and a market capitalization of $1.15 trillion, the leading crypto asset demonstrated significant volatility. Technical...
Key Week for Bitcoin and the Dollar Index
2.9.2024
This week's slew of U.S. economic data will determine whether the dollar continues to weaken, offering a tailwind to BTC and other risk assets
Donald Trumps Harris on Polymarket Once Again
2.9.2024
Harris led Trump in early August and betting odds reached 50-50 on the marketplace last month but shifted to Trump’s favor over the weekend
Bitcoin Drops Toward $57.5K, Extends Weekly Loss to 10% at Start of Seasonally Bearish September
2.9.2024
Memecoin DOGE led losses among major tokens with a 5% slide in the past 24 hours ahead of the Labor Day holiday in the U.S