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Fed Might Focus on Weakening Labor Market Rather Than Inflation as It Mulls Rate Cuts: Economists
12.7.2024
A weakening labor market could persuade the Fed to cut rates even as inflation is not yet back to the Fed's 2% goal
Price analysis 7/12: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
12.7.2024
Retail and institutional traders have been buying Bitcoin on the dips, and the early-stage recovery in select altcoins suggests that the crypto market is in a bottoming stage
Price analysis 7/12: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
12.7.2024
Retail and institutional traders have been buying Bitcoin on the dips, and the early-stage recovery in select altcoins suggests that the crypto market is in a bottoming stage
CoinDesk 20 Performance Update: XRP Gains Amid Overall Index Decline
12.7.2024
The CoinDesk 20 index saw a slight drop with XRP and ADA recording positive movements
XRP is the Sole Major in Green as Bitcoin Bulls Remain Sidelined
12.7.2024
BTC prices fell after Thursday’s U.S. CPI readings, dragging down the broader crypto market
Bitcoin Technical Analysis: Bulls Held Back by Selling Pressure and Key Resistance
12.7.2024
Bitcoin’s price on July 12, 2024, exhibits a clear bearish trend across multiple timeframes. The leading cryptocurrency’s current price stands at $57,237, with a notable intraday range from $56,608 to $59,516. Bitcoin On the 1-hour chart, bitcoin shows a decline from a high of $59,516...
First Mover Americas: BTC Retreats From $60K
12.7.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for July 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Blockchain-Enabled Sports Tech Startup Fanera Partners Saudi Government, Set to Relocate to Riyadh
12.7.2024
Blockchain-enabled sports tech startup Fanera has partnered with the Saudi Arabian Ministry of Investment and is poised to relocate its headquarters to Riyadh. Through its fan engagement app, Fanera aims to empower football fans, enabling them to become content creators and influencers. Setting...
Iris Energy Has Committed Most of Childress Site to Expansion of Bitcoin Mining: Bernstein
12.7.2024
The bitcoin miner’s shares slumped yesterday after a Culper Research report said the site was unsuitable for artificial intelligence and high-performance computing
Bitcoin Bulls Fail Again, But There Is Still Hope
12.7.2024
Bitcoin could not topple a key resistance on Thursday despite positive U.S. inflation report
Droppgroup Partners Solana-Focused Superteam to Drive Web3 Adoption in Saudi Arabia
12.7.2024
Web3 development firms Droppgroup and Superteam have partnered to accelerate Web3 adoption in Saudi Arabia. The collaboration aims to revolutionize Saudi Arabia’s public and private sectors through Web3. Collaboration Aligns with Saudi Arabia’s Vision 2030 Web3 development firm...
JPMorgan Expects Crypto Market Recovery Beginning in August
12.7.2024
Global investment bank JPMorgan has predicted a crypto market recovery beginning in August. The firm revised its year-to-date crypto net flow estimate from $12 billion to $8 billion, citing bitcoin liquidations by Mt. Gox creditors and the German government’s seized asset sales...
Biden's Odds of Dropping Out Jump Again on Polymarket Ahead of President's Press Conference
12.7.2024
Prediction market traders now see a 65% chance the president will quit the race
Germany Almost Done Selling Bitcoin, Holding Less Than 5K Tokens After Latest Moves
11.7.2024
There's less than 5,000 bitcoin left in wallets linked to German authorities after Thursday's transfers, down from the 50,000 BTC that was confiscated, blockchain data shows
Crypto Bulls Frustrated as Bitcoin and Stocks Recouple – to the Downside
11.7.2024
A continuing series of record highs for the S&P 500 and Nasdaq over the past weeks has done nothing to prop up sliding crypto prices, but Thursday saw both asset classes tumbling together
CoinDesk 20 Performance Update: NEAR and APT Lead as Index Rises 0.2%
11.7.2024
MicroStrategy to Split Stock 10:1 After Share Price Triples in a Year on Bitcoin Rally
11.7.2024
The company is the largest corporate bitcoin holder with more than $13 billion worth of BTC in its treasury
U.S. Inflation Was Negative in June; Bitcoin Jumps Above $59K
11.7.2024
Crypto Market Rebound Expected in August, Liquidations to Finish By July-End: JPMorgan
11.7.2024
The bank reduced its year-to-date crypto market net flow estimate to $8 billion due to a decline in bitcoin reserves across exchanges in the past month
First Mover Americas: Bitcoin Holds $58K Ahead of U.S Inflation Report
11.7.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for July 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets