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Grayscale Bitcoin Trust Discount Narrows to Lowest Since May 2022
10.7.2023
The discount has been narrowing on hopes the SEC might soon approve a spot bitcoin ETF
Bitcoin Could Rise to $120K by End-2024: Standard Chartered
10.7.2023
The bank previously said it expected the cryptocurrency to reach $100,000 by then
First Mover Americas: Bitcoin Holding Above $30K After Quiet Weekend
10.7.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 10, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Steady Above $30K as China Factory Deflation Suggests End of Global Tightening Cycle Is Near
10.7.2023
China is exporting deflation across the Western world. Ultimately this will be good for risk assets as it relates to the end of the global interest-rate increase cycle, one observer said
First Mover Asia: Bitcoin Opens Week Defending $30K Support Level
10.7.2023
PLUS: The dYdX Foundation's Charles d'Haussy says that dYdX's move away from Ethereum might be the beginning of a broader trend
Bitcoin price gathers strength as SOL, AVAX, FIL and EOS prep for a breakout
9.7.2023
SOL, AVAX, FIL and EOS price are beginning to look attractive, especially if Bitcoin opens the week with a renewed attack on the $31,000 level
JPMorgan Analysts Say Spot Bitcoin ETF Approval Is ‘Unlikely to Be a Game Changer for Crypto Markets’
8.7.2023
In a report published on Thursday, JPMorgan analysts suggest that the approval of a spot bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC) is “unlikely to be a game changer for crypto markets.” The market strategists at the American banking giant...
NFT Sales Witness 23% Decline This Week, Ethereum Dominates With $130 Million in Sales
8.7.2023
During the first week of H2 2023, non-fungible token (NFT) sales witnessed a 23.39% decline compared to the previous week, marking a two-week downward trend. A total of $195.95 million worth of NFT sales occurred, with Ethereum-based NFTs accounting for $130.77 million. NFT Sales Take a Hit:...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates to Start Weekend, ETH Remains Below $1,900
8.7.2023
Bitcoin was hovering near the $30,000 level to start the weekend, as markets continued to digest the latest U.S. nonfarm payrolls report. Payrolls came in at 209,000, less than the 225,000 expected, putting slight doubt in a potential July rate hike. Ethereum continued to trade below $1,900...
3 reasons why Bitcoin's price is primed to hold the $30,000 level as support
7.7.2023
Bitcoin price has been showing weakness near the $30,000 level, but multiple data points highlight the fact that bears remain at a disadvantage
Price analysis 7/7: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT
7.7.2023
Bitcoin and select altcoins are finding buyers at lower levels, indicating a pick-up in positive sentiment
Storj, Filecoin and Solana Lead First Week of July Crypto Market Gains
7.7.2023
STORJ, the native token of the crypto-backed, cloud storage platform, rose 15% on the week, far outdistancing bitcoin and ether, among other digital assets
Cardano Price Prediction: ADA Falls 7% as Crypto Markets Retrace – Time to Buy the Dip?
7.7.2023
Cardano (ADA) is experiencing a bounce at key support in the $0.28 area in the form of its 21-Day Moving Average and an uptrend from the June lows.
The bounce, which comes as crypto markets breathe a sign of relief in wake of not-as-hot-as-feared US jobs numbers, keeps alive hopes that ADA...
Biggest Movers: SOL Hits Fresh 4-Week High on Friday, ADA Snaps Losing Streak
7.7.2023
Solana was one of Friday’s biggest gainers, as the cryptocurrency rose by over 11% during today’s session. The move came as markets reacted to June’s nonfarm payrolls report, which came in at 209,000, below expectations of 229,000. On the other hand, cardano ended a three-day...
Bitcoin Retakes $30K, Asian Stocks Hit 5-Week Low Ahead of U.S. Jobs Report
7.7.2023
The Bureau of Labor Statistics will release the nonfarm payrolls report for June at 12:30 UTC
SEC Approval of Spot Bitcoin ETF Is Unlikely to Be a Game Changer for Crypto Markets: JPMorgan
7.7.2023
Such ETFs have existed for some time in Canada and Europe, but have failed to attract large investor interest, the report said
First Mover Asia: Bitcoin Whales Are Increasing, but BTC Sent to Exchanges Continues to Fall. What Does the Trend Mean?
7.7.2023
Peter Schiff: The Fed Has Lost Inflation Fight — ‘Markets Just Haven’t Figured That out Yet’
7.7.2023
Economist Peter Schiff has warned that the Federal Reserve has lost and inflation is about to get worse. “The markets just haven’t figured that out yet,” he cautioned, emphasizing that “We continue to get a lot of weak economic data.” ‘The Fed Has Lost’ Economist and gold bug Peter...
Mawson Infrastructure Group Deploys 2,600 Bitcoin Miners at Newly Secured Pennsylvania Site
6.7.2023
Mawson Infrastructure Group, a publicly-listed bitcoin mining operation, announced on Thursday that it has acquired a new mining site in Bellefonte, Pennsylvania. The company detailed that it has swiftly deployed 2,600 bitcoin miners at the location. Mawson Secures Pennsylvania Site, Deploys 2,600...
Twitter Gains Money Transmitter Licenses in Three States, Takes Steps Towards Becoming an All-in-One ‘Everything App’
6.7.2023
Twitter made an announcement on July 5, revealing that it has been granted money transmitter licenses by three states: Missouri, Michigan, and New Hampshire. These licenses are a part of Twitter’s endeavor to secure money transmitter licenses in all 50 U.S. states. With these recent...