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Ethereum Technical Analysis: ETH Faces Persistent Downtrend Despite Strong Market Activity
12.8.2024
On August 12, 2024, ethereum (ETH) was priced at $2,683, fluctuating within a 24-hour range of $2,523 to $2,720. With a market capitalization of $321 billion and a trading volume of $17.58 billion, ether continues to exhibit significant market activity. However, technical indicators suggest ongoing...
Bitcoin Miner Marathon Digital Plans $250M Private Note Sale to Fund Bitcoin Buying
12.8.2024
The notes will pay interest every six months and mature Sept. 1, 2031
Bitcoin Technical Analysis: BTC Struggles Amidst Bearish Pressure, Eyes Key Support Levels
12.8.2024
Bitcoin’s price on August 12, 2024, stands at $59,777, with intraday 24-hour prices ranging between $57,814 and $61,054. The cryptocurrency’s market capitalization is $1.16 trillion, supported by a 24-hour trade volume of $29.81 billion. As bitcoin navigates this challenging...
First Mover Americas: BTC Slides Ahead of Busy Data Week
12.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 12 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
World's largest Bitcoin miner announces $250M raise to buy more Bitcoin
12.8.2024
The new raise is part of Marathon’s strategy to go “full hodl” and make Bitcoin a strategic reserve asset for the company
Ether whale buys nearly $13M ETH, but ETH still needs to reclaim $2.7K for the next leg up
12.8.2024
The last time this whale address bought the dip, was just before Ether rose from $2,100 to $3,100
Latam Insights: El Salvador Advances Talks With IMF Despite Bitcoin Allegiance; Brazil Passes First Solana Spot ETF
12.8.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the last week. In this issue: El Salvador holds talks with the IMF despite its Bitcoin allegiance; Brazil greenlights the first Solana spot ETF; and Polymarket gets criticized for...
Why Bitcoin is still poised to break $74K before end of year
12.8.2024
Bitcoin’s correction appears to be losing steam, as indicated by price momentum divergence, the formation of a Doji candlestick and other bullish patterns
Michael Saylor Asserts: If You Fear Volatility, You Don’t Understand Bitcoin—Is He Right?
12.8.2024
The weekend found traders glum, with the majority of digital currencies slithering in worth, but as always, all…
Tech giants losing momentum as AI progress disappoints investors
12.8.2024
The current AI oversupply has prolonged the cost recovery on major AI investments, which could force large corporations to shift investment focus
Tech giants losing momentum as AI progress disappoints investors
12.8.2024
The current AI oversupply has prolonged the cost recovery on major AI investments, which could force large corporations to shift investment focus
Bitcoin miners record lowest daily revenue of 2024
12.8.2024
Bitcoin miners' daily revenue hit a new yearly low of $2.5 million, but strategic overhauls keep some companies profitable amid industry challenges
More 'extreme fear' than FTX crash — 5 things to know in Bitcoin this week
12.8.2024
Bitcoin market sentiment is as erratic as BTC price action itself as a week of macro volatility catalysts gets underway
Bitcoin price drops below $59K as institutions stop buying stablecoins
12.8.2024
Bitcoin price saw its local bottom last time Tether minted $1.3 billion worth of stablecoins, which helped BTC recover over 21%
Ex-Bank of Japan Official Rules Out Another Rate Hike This Year
12.8.2024
The BOJ recently raised rates for the first time in over a decade, destabilizing global markets, including bitcoin
Crypto startup funding grows to $2.7B in Q2 despite fall in total deals
12.8.2024
Crypto infrastructure projects led the way in attracting venture capital with major infra projects raising a combined $685 million in new capital in Q2
Tether Slams Celsius Network’s ‘Baseless’ $2 Billion Lawsuit
12.8.2024
Stablecoin issuer Tether has slammed the”baseless” claims that it illegally liquidated Celsius Network’s bitcoin collateral. Tether accused the crypto lender of trying to “improperly impose the costs of Celsius’ mismanagement and failure on Tether.”...
Bitcoin Nears $58K as Market Slides Ahead of Busy Data Week
12.8.2024
Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said
BitGo CEO argues WBTC security is unchanged amid concerns
12.8.2024
BitGo recently announced a new venture to diversify its Wrapped Bitcoin custodial locations, and Justin Sun’s involvement has caused concern for some
47 Companies Apply to Operate in Turkey Under New Crypto Regulations
12.8.2024
Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include 47 operational companies and three that are planning to liquidate. Current crypto service roviders are required to apply for permits or proceed with...