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Biden's Odds on Polymarket Little Changed After ABC TV Interview
6.7.2024
The president's chances of reelection remain 12% and his probability of dropping out stayed at 63%, according to traders on the crypto-based prediction market platform
Price analysis 7/5: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
5.7.2024
The strong bounce in Bitcoin and select altcoins shows solid demand at lower levels, suggesting traders are buying the current dip
Grayscale Ethereum Trust Hits Premium for First Time Since 2021
5.7.2024
Grayscale’s Ethereum Trust (ETHE) has shifted from a discount to a premium in its net asset value (NAV) for the first time since November 2021, as reported by ycharts.com metrics. This adjustment comes just before the expected debut of spot ether exchange-traded fund listings expected...
Crypto Crash Pushes Fear & Greed Index to Lowest Since Bitcoin Traded at $17K in Early 2023
5.7.2024
The widely-followed sentiment metric hit extreme greed levels earlier in March near the local top of the crypto market, but now is pushing its limits in the opposite direction
CoinDesk 20 Performance Update: Index Plunged, With All 20 Assets Declining
5.7.2024
The CoinDesk 20 Index dropped by 5.7% today, with every asset posting losses and LTC and ATOM leading the declines
U.S. Added 206K Jobs in June as Unemployment Rate Rose to Highest Since November 2021
5.7.2024
Before this morning's jobs report, market participants put nearly 70% probability of lower rates in September, according to the CME FedWatch Tool
First Mover Americas: Bitcoin Slumps Below $54K as Mt. Gox Flags Repayments
5.7.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for July 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Technical Analysis: First Drawdown of Over 25% in 14 Months
5.7.2024
Bitcoin’s market activity on July 5, 2024, has been marked by a persistent downtrend across various time frames, with the price currently at $55,338. Over the past 24 hours, Bitcoin’s price has ranged between $53,550 and $58,673, with a market capitalization of $1.08 trillion and...
Bitcoin Traders Target $50K as Billions in BTC Selling Pressure Looms
5.7.2024
“The German government still has over $2.3 billion worth of bitcoin, Mt. Gox has more than $8 billion, and the US government has over $12 billion,” one trader pointed out
U.S. Crypto Stocks Sink in Pre-Market Trading as BTC Slumps
5.7.2024
Software company MicroStrategy, which holds over 210,000 BTC, and bitcoin miner Hut 8 led declines as bitcoin dropped to the lowest level since late February
U.S. Nonfarm Payrolls Eyed as Bitcoin Heads for Largest Weekly Loss Since FTX's Collapse
5.7.2024
The jobs data, due later Friday, is forecast to show that the pace of job additions in the world's largest economy slowed sharply in June
As Bitcoin Bellyflops to $54K Only Five Mining Rigs Remain Profitable, Says F2Pool
5.7.2024
Miners need to continually sell bitcoin rewards to keep operations afloat, and they are stressed during a market downturn
Crypto Bulls Rack up $580M Liquidations as Bitcoin Drops 8%, Ether, Solana, Dogecoin Plunge
5.7.2024
Traders previously warned of the bearish market reaction to Mt. Gox’s bitcoin repayments
Biden’s reelection odds brush single digits on Polymarket
5.7.2024
Former U.S. President Donald Trump is still in the lead at odds at 61%, while U.S. Vice President and Democrat Kamala Harris is second with 19% odds
Bitcoin Dips Below $54K as Mt. Gox Moves $2.6B in BTC
5.7.2024
BTC slides to lowest since late February, breaching key price support
Bitcoin price falls to 2-month low, but derivatives markets reflect traders’ interest
4.7.2024
Bitcoin price is pinned below $60,000, but derivatives and stablecoin data show traders remain optimistic
Bitcoin Nosedives Under $58K Amid Mt. Gox, German Government Wallet Movements
4.7.2024
A wallet belonging to a German official entity moved its largest stash of BTC to exchanges earlier today, while Mt. Gox wallets showed activity for the first time in a month
Bitcoin Drops Below 200-Day Average; Bull Market Trendline in Focus
4.7.2024
Markets that consistently trade below the 200-day SMA are said to be in a downtrend
Decoding The $7B Decline in Bitcoin's Notional Open Interest
4.7.2024
The decline in notional open interest masks bullish undercurrents
Mt. Gox Doomsday Scenario Involves Bitcoin Cash, Not Bitcoin: Analyst
4.7.2024
Selling pressure from Bitcoin Cash (BCH) and lack of liquidity is the story to watch once Mt. Gox begins redemptions, writes Presto Research