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CoinDesk 20 Performance Update: XRP and SOL Outperform as Index Climbs 1.3%
31.7.2024
XRP and SOL led the charge in overnight trading, driving the CoinDesk 20 Index 1.3% higher
First Mover Americas: Crypto Market Stabilizes After Nursing Losses
31.7.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for July 31, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Keeps Weekly Loss as 'Anti-Risk' Yen Strengthens After BOJ Rate Hike
31.7.2024
The yen’s popularity as a funding currency can cause knock-on effects in other markets, helping tighten global financial conditions, BlackRock said
XRP Surges 7% Amid Ripple-SEC Settlement Hopes, $600M Token Unlock
31.7.2024
XRP trading activity is heightening in South Korea, where traders tend to push euphoric rallies on tokens
Bitcoin, Ether ETFs Record Outflows as Trump Speech Euphoria Fades
31.7.2024
The crypto-Trump trade appears to be softening
Nvidia Becoming More Volatile Than Bitcoin and Ether
31.7.2024
Bitcoin has exhibited a strong positive correlation with NVDA since late 2022
Michael Saylor Projects Bitcoin Price at $49 Million in 2045 Bull Scenario
31.7.2024
Microstrategy’s executive chairman, Michael Saylor, predicts that by 2045, bitcoin’s price could range from a bear case of $3 million to a bull case of $49 million, with a base case of $13 million. He highlighted bitcoin’s role in revolutionizing the global economy, advocating...
All Eyes on the Fed: Steady Rates Anticipated, September Reduction Likely
31.7.2024
The U.S. Federal Reserve is set to convene its monthly Federal Open Market Committee (FOMC) meeting to evaluate the state of the economy and determine if the central bank should adjust the federal funds rate. The prevailing market sentiment suggests that the FOMC members are likely to maintain...
Solana price rallies to $193 but is it SOL’s local top?
30.7.2024
Solana price has been on a tear lately, but critics say the network’s dependency on memecoins are a warning sign to keep an eye on
3 Ethereum price metrics point to further downside in ETH
30.7.2024
ETH price continues to underperform Bitcoin price, and the downside is set to continue
Crypto Market Slump: Key Currencies Drop Amid Rising Trade Activity
30.7.2024
The cryptocurrency market experienced a downturn on Tuesday, decreasing by 1.94% against the U.S. dollar, lowering the total market value to $2.38 trillion. Leading cryptocurrencies, including bitcoin, solana, binance coin, dogecoin, and cardano, faced losses. In contrast, ethereum, xrp,...
Key Interest Rate Decisions Coming This Week From Fed, BOJ, BOE
30.7.2024
The Fed is expected to hold policy steady but indicate an imminent rate cut, while the Bank of England is seen easing policy and the Bank of Japan is likely to hike rates
First Mover Americas: BTC Slides as U.S. Government-Linked Selling Pressure Looms
30.7.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for July 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin's Future Could be Tied to the Outcome of the U.S. Election: Jefferies
30.7.2024
Trump’s policy shift towards crypto is very recent, but it may impact the price of bitcoin in the near term depending on who wins the U.S. election in November, the report said
Dogecoin Pup Owner’s New Shiba Inu Ends Up in NEIRO Memecoin Drama
30.7.2024
A new class of memecoins was birthed on Solana and Ethereum networks over the weekend as the owner of the dog that inspired Dogecoin got a new pup - despite her officially distancing from all such tokens
Bitcoin Slides to $66K in Wake of Silk Road BTC Movements, Solana’s SOL Leads Majors Losses
30.7.2024
“It’s going to be extremely volatile this week, so I will not be surprised to see BTC price get another 10% drop/pump,” one analyst noted
First Bitcoin Capital-Funded Company Registered in Argentina
30.7.2024
A company with cryptocurrency capital has been registered in Argentina, marking the first time this has happened in the country. The company, which was registered with a capital of almost $500 in bitcoin and USDC, follows the enactment of a resolution that allows companies to receive contributions...
Bitcoin price closes in on all-time high as political and TradFi tone and tenor shift
29.7.2024
BTC price rallied as an improved regulatory outlook in the US and a series of improvements in the Bitcoin ecosystem altered investor expectations
Ether ETFs Saw $340M of Negative Outflows in Their First Week
29.7.2024
More than $1.5 billion of exits from Grayscale's high-fee Ethereum Trust more than offset inflows into the other spot products
WisdomTree CEO: Crypto ‘is going to go mainstream’
29.7.2024
Jonothan Steinberg said US presidential contender Donald Trump’s July 27 speech at Bitcoin 2024 promised much-needed regulatory clarity