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Bitcoin set for sub $50K correction in September: Analysts
6.9.2024
Declining trading volumes and slowing ETF inflows could set the stage for a correction below $50,000, before a rally to new highs
First Mover Americas: BTC Treads Water Ahead of U.S. Jobs Report
6.9.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Watch these 3 BTC price levels if Bitcoin breaks below $55K
6.9.2024
Bitcoin’s recent drop to $55,250 reclaimed an untouched demand zone from August, which may push prices for an immediate swing high at $58,000.
Arthur Hayes sees sub-$50K BTC price as Bitcoin risks 'stark' trend shift
6.9.2024
BTC price targets are increasingly looking for a rematch with last month's lows as Bitcoin chartists highlight formidable resistance levels
BTC Spot ETF Sees 7 Days of Consistent Outflow
6.9.2024
On September 5, 2024, Eastern time, the Spot Bitcoin ETF had its seventh straight day of net outflows.…
Riot Platforms’ Bitcoin holdings cross 10K BTC, production drops
6.9.2024
Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs
Crypto in ‘extreme fear’ as Arthur Hayes tips ‘sub $50K’ Bitcoin weekend
6.9.2024
Crypto market sentiment dropped back into “extreme fear” amid Bitcoin’s price slump, with Arthur Hayes calling that it could drop again
FTC Urges Caution as Bitcoin ATM Fraud Cases Skyrocket
6.9.2024
The Federal Trade Commission (FTC) has reported a sharp rise in scams involving bitcoin ATMs, with fraud losses increasing nearly tenfold from 2020 to 2023 and exceeding $65 million in the first half of 2024. These scams often involve impersonations and target vulnerable populations, such as older...
Financial Action Task Force of Latin America States Bitcoin Has Not Reached a ‘Significant Impact’ in El Salvador
6.9.2024
The Financial Task Force of Latin America (GAFILAT) released an evaluation of the state of El Salvador regarding compliance with international anti-money laundering requirements. The institution found that, while El Salvador included bitcoin as legal tender in 2021, the crypto asset has not reached...
Blockstream Mining issues hashrate-backed security token in fundraise
5.9.2024
Blockstream is essentially selling four-year claims on the proceeds from its Bitcoin mining operations in exchange for funding
Blockstream Mining issues hashrate-backed security token in fundraise
5.9.2024
Blockstream is essentially selling four-year claims on the proceeds from its Bitcoin mining operations in exchange for funding
Fractal Bitcoin: good or bad for mining revenues?
5.9.2024
August 2024 represented the worst month for Bitcoin mining revenue since September 2023, with $827.56 million in fees generated
Riot Platforms Reports Bitcoin Holdings Exceeding 10,000 BTC
5.9.2024
Riot Platform, a leading Bitcoin mining company, has handled its energy costs and continued its expansion plans during…
BTC price rides US jobs miss amid warning Bitcoin could retest $49.5K
5.9.2024
Bitcoin fails to halt a low-timeframe BTC price decline for long as traders look to the week's final US jobs data
First Mover Americas: BTC Erases Gains From Wednesday's Brief Rally
5.9.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin transactions dive 30% in 6 months amid BTC price 'disinterest'
5.9.2024
Bitcoin is well and truly stuck, analysis concludes, but there are signs that a BTC price breakout from an increasingly "unstable" range is brewing
Swiss Bank ZKB Partners With Crypto Finance to Launch Crypto Asset Brokerage
5.9.2024
Zürcher Kantonalbank (ZKB), Switzerland’s largest cantonal bank, has partnered with Crypto Finance AG to offer crypto asset brokerage services. By partnering with Crypto Finance AG, ZKB gains access to an experienced and regulated partner with deep industry expertise in the crypto...
Bitcoin Halving Events No Longer Drive BTC Price, Report Says
5.9.2024
Outlier Ventures’ new report claims the four-year Bitcoin halving cycle “is dead,” arguing that halving events no longer significantly impact bitcoin’s price due to a maturing crypto market. The report suggests the influence of halvings diminished after 2016, with recent...
Arthur Hayes: Bitcoin Could Slip to $50,000 — Altcoins Could Dive ‘Into the Gutter’
5.9.2024
Arthur Hayes, co-founder of crypto exchange Bitmex, has warned of a scenario where bitcoin could “slowly leak lower towards $50,000” and “altcoins could dive deeper into the gutter.” Focusing on the impact of dollar liquidity and Federal Reserve policies, Hayes remains...
Court Upholds $1,000 Cap on Daily Crypto ATM Withdrawals in California
5.9.2024
A California Superior Court has upheld the Digital Financial Assets Law, which includes a $1,000 daily withdrawal limit for cryptocurrency ATMs. The law also requires crypto ATM operators to obtain licenses and comply with fee limits and new disclosures. California Court Upholds Bitcoin...