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Daily Crypto Update: Market fluctuates, while BTC gains stability
16.8.2024
The week is not ending on a positive note for the crypto market. The industry shows signs of…
Bitcoin price bounces 4% as triple 'death cross' sparks sub-$50K warning
16.8.2024
BTC price weakness sees negative funding rates and a distinctly risk-off mood among Bitcoin traders
World’s 3rd largest public pension fund buys $34M MicroStrategy shares
16.8.2024
South Korea’s public pension fund has just upped its crypto exposure further, buying tens of thousands of shares in MicroStrategy
Key Bitcoin bull signal flashes for first time in nearly 2 years, hinting at 2x price surge
15.8.2024
Bitcoin price could increase by over two-fold based on a key bull signal historically correlated with price rallies
US gov’t $590M Silk Road Bitcoin transfer to Coinbase unlikely to be sold: Analyst
15.8.2024
The government could also be looking to custody or trade the Bitcoin, based on a recent partnership with Coinbase Prime
Bitcoin sell pressure may break $56K support as options expiry looms
15.8.2024
The Bitcoin price could experience significant downside volatility unless it manages to recover above $60,000 before the options expire on Aug. 16
US gov't Bitcoin sale 'doesn't affect anything' as analyst blames bears
15.8.2024
Governments divesting themselves of their BTC is a non-event, but Bitcoin bears make sure that the market feels the heat regardless, analysis says
Bitcoin Drops to $58K After U.S. CPI Print, BTC ETFs Record $81M Outflow
15.8.2024
Traders say bitcoin could drop to $55,000 in the near-term, but favorable Fed policies could set the stage for its next leg up
Iran is giving $24 to anyone who dobs in illegal crypto miners
15.8.2024
The boss of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, straining the power grid
Marathon Digital buys $249M Bitcoin, reserves reach 25K BTC
15.8.2024
Marathon’s latest 4,144 Bitcoin buy comes as boss Fred Thiel last month said it was adopting a “hodl strategy” for the cryptocurrency
Price analysis 8/14: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
15.8.2024
Bitcoin is finding it difficult to rise above the overhead moving averages, indicating that the bears are trying to flip the level into resistance
Massive $593.5M Bitcoin Move: US Government Shifts Silk Road Stash to Coinbase Prime
14.8.2024
A transaction unearthed by Arkham Intelligence revealed that bitcoins linked to the Silk Road have been moved to Coinbase Prime. “10K Silk Road BTC ($593.5M) moved to Coinbase Prime,” Arkham posted on X. The firm further explained, “Wallet bc1ql received 10K BTC from a known...
BTC price suddenly drops 5% as Bitcoin rejects low CPI print
14.8.2024
Bitcoin shrugs off notionally good news on US inflation with a BTC price plunge below $59,000
$67M Shifted—August Sees Tepid Activity in Dormant Bitcoin Wallet Movements
14.8.2024
Between Aug. 1 and Aug. 14, more than 1,109 BTC, worth around $67 million, moved from long-dormant bitcoin wallets that had been inactive for years. The bulk of this activity came from 17 distinct wallets, all originating in 2017, making this the largest movement of previously idle bitcoin from...
Norwegian Sovereign Wealth Fund Holds Btc Worth Us$149.48 Million
14.8.2024
The Norwegian sovereign wealth fund holds BTC which is nearly worth US$149.48 Million. Norwegian sovereign wealth fund’s (NBIM)…
Historically accurate ‘decaying peaks’ study sees Bitcoin price at $164K by 2025
14.8.2024
The same study correctly predicted Bitcoin price to reach $65,732 in 2021, a mere $1,050 price difference from the previous all-time high
Bitcoin’s bull rally will continue another 350 days: Bybit
14.8.2024
Bitcoin's 2024 bull run was mainly driven by institutional inflows, which could be the key to unlocking the next leg up
First Mover Americas: BTC Tops $61K, But Traders Remain Cautious
14.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Police Warn of Bitcoin Scammers Posing as Bank Representatives
14.8.2024
The Carroll County Sheriff’s Office in the U.S. state of Georgia has issued a warning about a cryptocurrency scam. Scammers are posing as representatives of financial institutions, informing individuals that their accounts have been compromised. They then instruct victims to withdraw funds from...
45% of Bitcoin supply has not moved in 6 months — Research
14.8.2024
A healthy portion of Bitcoin hodlers refuse to let go of their coins no matter what BTC price action delivers