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MicroStrategy stock set to gain 30% if BTC hits $150K in 2025 — Analyst

2.8.2024
The valuation assumes continued aggressive Bitcoin buying by Microstrategy

El Salvador’s Chivo Wallet Has Not Presented Any Financial Balances Since Its Creation

2.8.2024
Chivo Wallet, the official Bitcoin wallet of the Salvadoran government, has been operating without presenting any of its financial balances to the National Registry Center (CNR). While Chivo is a private company managed by El Salvador’s government and is not legally required to disclose...

Price analysis 8/2: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

2.8.2024
The sell-off in the global stock markets is casting a bearish shadow on the cryptocurrency markets, signaling near-term weakness

Coinbase's 'Solid' Earnings May Get Derailed by Low Volume, Fed Headwinds, Analysts Say

2.8.2024
The company reported better-than-expected second-quarter earnings on Thursday but saw a strong downtick in revenue from transaction fees, its main source of income

Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood

2.8.2024
Major U.S. stock indexes are suffering 2.5%-3.5% declines on Friday

Gold Breaks $2,500 per Ounce, Reaching Historic Highs Powered by Fed’s Decision and Geopolitical Risks

2.8.2024
Gold prices reached historic highs on August 1, breaking the $2,500 mark on the New York Comex exchange. The precious metal reached a price of $2,502.6 for the first time in its history, influenced by the U.S. Federal Reserve’s decision to leave interest rates unchanged, geopolitical risks, and...

CoinDesk 20 Performance Update: Index Gains 1.2% With BCH and ETC Leading

2.8.2024
The CoinDesk 20 gains 1.2% overnight with BCH up 3.0% and ETC up 2.5%

July NFT Sales Plummet for Second Consecutive Month

2.8.2024
In July, the non-fungible token (NFT) market experienced a 36.6% drop in sales compared to June. Over the month, NFT sales reached $429.46 million, while the number of NFT buyers fell by 46.24% from the previous month. NFT Market Sees Continued Decline in July With Fewer Buyers and Sellers July...

U.S. Added Just 114K Jobs in July, Unemployment Rate Shoots Up to 4.3%

2.8.2024

First Mover Americas: BTC Warnings Finger Drop to $55K

2.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

Kujira Foundation's Tokens Stung by Its Own Leveraged Positions as Bets Backfire

2.8.2024
The developers said the team’s positions were “targeted” and they plan to create an operational DAO to take ownership of the Kujira Treasury and core protocols

Risks Are Skewed to a Weaker Nonfarm Payrolls Print, ING Says

2.8.2024
A weak report will likely bolster Fed rate-cut expectations and potentially support risk assets, including bitcoin

ARK Invest Sold $14.8M of Coinbase Shares Thursday Ahead of the Exchange's Earnings Report

2.8.2024
Coinbase revenue beat Wall Street analysts' expectations, while profit came in lower than the consensus

Bitcoin Risk-Reward Remains Compelling Even After Price Doubles in a Year

2.8.2024
Long-term holders are motivated to hold at bitcoin's going market rate, implying an attractive risk-reward for existing or potential investors, according to the "reserve risk" indicator

Bitcoin Traders Eye $55K Amid U.S. Stocks Sell-off, XRP Leads Losses in Major Cryptos

2.8.2024
Traditional markets from the U.S. to Japan saw declines across major indexes and stocks, with the tremors seeping into the cryptocurrency market

Finder Experts Predict Ether Hitting $23,549 by 2030 — Majority Say Time to Buy ETH

2.8.2024
A survey of 32 cryptocurrency experts on the Finder panel predicts significant growth for ether prices, with average forecasts of $5,368 by the end of 2024, $7,359 by the end of 2025, and $23,549 by 2030. These projections highlight the anticipated impact of institutional factors such as ethereum...

Bitwise CIO Predicts Major Bitcoin Upside — Says ‘We’re Not Bullish Enough’

2.8.2024
Bitwise’s chief investment officer has expressed that the industry is not bullish enough about bitcoin, given the current market dynamics. He pointed to increasing political support, including Donald Trump’s proposal for a national bitcoin stockpile and various legislative...