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Why is Bitcoin price up today?
13.7.2024
Bitcoin’s resurgence is driven by two key factors: the German government running out of BTC to sell and a weakening US dollar
German Government Is Now out of Bitcoin, Arkham Data Shows
12.7.2024
The German government has sold its entire bitcoin holdings, according to data from crypto intelligence firm Arkham. “The German government is now out of bitcoin,” the firm wrote. This divestment began in June, with funds transferred to exchanges and institutional services. German...
Bitcoin risks 30% loss against XRP if 'triple bottom' confirms
12.7.2024
XRP has significantly lagged behind Bitcoin in 2024, but a recent Mt. Gox and German government-led sell-off in the BTC market may spark renewed interest in the altcoin
Bitcoin risks 30% loss against XRP if 'triple bottom' confirms
12.7.2024
XRP has significantly lagged behind Bitcoin in 2024, but a recent Mt. Gox and German government-led sell-off in the BTC market may spark renewed interest in the altcoin
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
Coinbase Report: Crypto Market Shook by German BTC Sales; Recovery Expected by September Despite US Economic Slowdown
12.7.2024
The third quarter of 2024 has been tumultuous for the crypto market, with significant selling pressures and regulatory uncertainties affecting bitcoin and other digital assets. Coinbase Institutional reports that indiscriminate selling by the German government and the Mt Gox Rehabilitation Trust...
Bitcoin bottom signal? German gov’t runs out of BTC to sell
12.7.2024
Bitcoin price could be on track to begin the reaccumulation phase as the German government is down to its last few thousand BTC
Bitcoin bottom signal? German gov’t runs out of BTC to sell
12.7.2024
Bitcoin’s price could be on track to begin the reaccumulation phase as the German government is down to its last few thousand BTC
Hong Kong Bitcoin ETFs’ Buying Spree; 425 BTC Purchased This Week
12.7.2024
While the German government is offloading Bitcoin, the Hong Kong Bitcoin ETF market is on a buying spree. According to a recent tweet by the House of Chimera, Hong Kong Bitcoin ETFs purchased Bitcoin for four consecutive days, accumulating 425 BTC over the course of the week. JUST IN: ????Hong Kong...
Key BTC price levels emerge as Bitcoin hits $58K on 'sticky' US PPI
12.7.2024
Bitcoin edges higher while the US dollar flags on the latest PPI inflation data, but BTC price strength has yet to convince analysts
Key BTC price levels emerge as Bitcoin hits $58K on ‘sticky’ US PPI
12.7.2024
Bitcoin edges higher while the US dollar flags on the latest PPI inflation data, but BTC price strength has yet to convince analysts
US Bitcoin ETFs Continue Inflow Streak, Funds Now Hold 4.47% of BTC’s Market Cap
12.7.2024
The U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of net inflows on Thursday, marking five consecutive trading days of positive movement. The ETFs accumulated $78.93 million, with Blackrock’s IBIT leading by bringing in $72.09 million. U.S. Bitcoin ETFs Record Fifth...
Germany’s Bitcoin Stash Runs Low – Are BTC Prices Set to Soar?
12.7.2024
The German government has been on a Bitcoin-selling spree for about a month now. The BTC dumping, followed by Mt. Gox client repayment, has been a huge pain for crypto investors. At the beginning, the German government had 50,000 BTC. Now, they have 6,000 BTC left – an amount not worthy...
Exchange Bitcoin Reserves Fall Sharply This Week, Reaching $4B Outflow
12.7.2024
According to data from the past 40 days, the San Francisco crypto exchange and custody service Coinbase has experienced withdrawals totaling 12,585 BTC since June 1. Meanwhile, Binance has reported inflows of approximately 30,082 BTC during the same period. Despite these shifts, centralized...
Genesis Trading-labelled address moves $720M BTC to Coinbase, pointing to the start of asset liquidations
12.7.2024
Genesis Trading transferred over 12,600 Bitcoin to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York
Genesis Trading-labelled address moves $720M BTC to Coinbase, pointing to the start of asset liquidations
12.7.2024
Genesis Trading transferred over 12,600 Bitcoin to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York
Genesis-labelled address moves $720M BTC to Coinbase, pointing to start of asset liquidations
12.7.2024
Genesis Trading transferred over 12,600 Bitcoin to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York
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