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Price analysis 9/9: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
9.9.2024
Bitcoin bulls are trying to push the price back inside the range, indicating that the markets have rejected the breakdown
Weekly Crypto Market Roundup: Top Gainers and Losers Revealed
9.9.2024
This week saw notable movements in the crypto market, with some assets experiencing significant gains while others faced steep declines. The total market capitalization of the cryptocurrency market currently stands at $1.96 trillion, reflecting a 1.53% increase from the previous week. Let’s...
Liminal Says Grant Thornton Confirms Its Security Amid Wazirx Breach Concerns
9.9.2024
Grant Thornton’s review of Liminal’s infrastructure revealed no signs of any security breach within its frontend or backend systems, according to Liminal. Following a breach at Wazirx that resulted in the theft of over $230 million, internal and third-party investigations at Liminal...
Polymarket’s Traffic and Trading Volume Soar, $137.3M in September’s First 9 Days
9.9.2024
In just over a week, the blockchain-powered prediction market platform Polymarket has generated an impressive $137.3 million in trading volume, already outpacing the total volume recorded during June and all prior months this year. Last Friday, Polymarket reached its highest daily trading volume...
Michael Saylor Says Republicans Have More 'Progressive’ View on Crypto, Democrats ‘Drifting to the Middle’
9.9.2024
Republicans are way ahead of Democrats regarding their opinion of crypto and bitcoin {{BTC}}, said MicroStrategy (MSTR) Executive Chairman Michael Saylor
Why is Cardano (ADA) price up this week?
9.9.2024
Cardano active addresses reached a 5-month high after the ASI alliance announced FET token deployment on the ADA blockchain
Why is Cardano (ADA) price up this week?
9.9.2024
Cardano active addresses reached a 5-month high after the ASI alliance announced FET token deployment on the ADA blockchain
Crypto Fund Outflows Were Most Since March Last Week as Bitcoin ETFs Bled
9.9.2024
Bitcoin lost over 8% of its value during the week, falling below $54,000 on Sept. 6 having traded around $59,000 on Sept. 2
Ethereum Technical Analysis: ETH Faces Pivotal Resistance
9.9.2024
On Sept. 9, 2024, ethereum’s price hovers at $2,309 as it struggles to break free from a strong downtrend, observed across multiple timeframes. The market reflects uncertainty, with oscillators showing mixed signals and moving averages signaling a bearish outlook. While there are signs...
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,…