Bitcoin setting up a washout in both directions as crypto markets are at a critical juncture. Kelly Kellam breaks down key market indicators and what investors should watch as we approach September’s …
When the Bitcoin Scammers Came for Me
The smartest trades of all came from a guy named Mike Wilson, who, along with his assistant at Morgan Stanley, put order recommendations into the chat. When he did, folks would flood the group with …
Illiquid Bitcoin Now Accounts for a Record 74% of BTC’s Circulating Supply
Data tracked by ETC Group and Glassnode shows that illiquid bitcoin has risen to a record high of 74% of the circulating supply, an indication of the increasing scarcity and a potential bullish impact on the cryptocurrency’s price. CoinDesk’s Jennifer …
21.co Introduces Bitcoin Wrapper on Ethereum Blockchain
Shares, announced on September 3rd the launch of its own Bitcoin wrapper, 21.co Wrapped Bitcoin (21BTC), on the Ethereum blockchain network. This new offering is part of 21.co’s broader strategy to …
Copper Move $212M Bitcoin & ETH to OKX, Fears of Market Dump
Custody & brokerage platform Copper moved 1,224.6 Bitcoin worth 69.33 million & 59,832.2 ETH worth $143 million to OKX raising fear of market dump.
BTC price rides US jobs miss amid warning Bitcoin could retest $49.5K
Bitcoin (BTC) tagged $57,000 at the Sept. 5 Wall Street open as United States equities gained on macroeconomic data prints. US jobs data keeps bumper rate hike hopes alive Data from Cointelegraph …
Bitcoin Flounders Ahead of Friday Jobs Report That Might Push Fed to Slash Rates by 50 Basis Points
The U.S. central bank has indicated it will begin cutting the fed funds rate at its mid-September meeting, but the size and speed of the easing cycle is up for debate.
Binance-backed Bitcoin DeFi protocol Zest launches yield-bearing BTCz token
Binance Labs and Tim Draper-backed Zest Protocol have launched their new BTCz token in the latest development for Bitcoin-native decentralized finance (DeFi). The new BTCz token will allow Bitcoin …
One Kingdom, Two Kings: Will Bitcoin And Ethereum Reign On? (part 2)
With an expansive ecosystem of Layer 2s currently building on Ethereum and Bitcoin, it’s indisputable that the two giants will lead the next and all subsequent bull runs.
CATS USD (CATS32936-USD)
Bitcoin (BTC-USD) prices are falling, with the cryptocurrency dropping below the $57,000 level Wednesday morning. CoinDesk Indices managing director Andy Baehr joins Catalysts to discuss his outlook …
First Mover Americas: BTC Erases Gains From Wednesday’s Brief Rally
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to
Core Foundation Rolls Out LstBTC for Bitcoin Staking Solutions
Core Foundation has introduced LstBTC, a new liquid staking token that mirrors the value of Bitcoin (BTC) on a 1:1 basis.
Bitcoin (BTC) drops below $57K again amid strong selling pressure
Bitcoin (BTC) has once again slipped below $57k amid market turbulence. At press time, BTC was trading at $56,749.40, down 5.32% in a week.
Bitcoin (BTC) Price Increases Odds of Bullish Rebound as Exchanges’ Supply Declines
Bitwise’s BITB registered a net cash inflow of $9 million on Wednesday, signaling rising confidence for Bitcoin among institutional investors.
Bitcoin Retraces Below $57K as ‘Sell-on-Rise’ Action Continues
Bitcoin (BTC) dropped below $57,000 on Thursday, reversing Wednesday’s gains as lingering concerns about the strength of the U.S. economy prompted investors to sell risk assets as they rebounded.
Bitcoin’s four-year halving event influence is diminishing
Bitcoin’s four-year halving cycle appears to be losing its impact, as BTC prices show little response following the April 2024 halving. …
Goldman Sachs Issues Huge Fed Crash Warning As A Legendary Trader Suddenly Flips His Bitcoin Price Prediction
Goldman Sachs analysts have issued a warning that this week’s closely-watched jobs numbers could spark a stock market …
Why is Bitcoin Down Today? (BTC) Price Dips Below $58,000 as ETF Outflows & Mining Concerns Mount
Bitcoin’s price struggles below $58,000 amid significant ETF outflows, declining miner profitability, and macroeconomic uncertainties
3 Top Altcoins Massively Outperforming Bitcoin and Ethereum These Days
The Justin Sun-backed layer-one blockchain asset has surged 20% versus the U.S. dollar, 13.30% against Bitcoin, and 19.5% against Ethereum since August. At the core of TRX’s outperformance is the …
Public companies hold over 580% more Bitcoin than four years ago, what’s next for BTC
Bitcoin (BTC) adoption by businesses increased at a faster pace in the last four years. Data from Bitcointreasuries.net shows a spike in BTC accumulation by businesses, and over 580% increase between 2020 and 2024. BTC trades at $57,096 on Thursday, September 5. The largest cryptocurrency erased 1.27% of its value on the day.
Bitcoin Exchange Reserves DropTo Their Lowest Level Since 2018
Over the course of the week, Bitcoin’s price dropped from approximately $64,100 to a low of $57,886 but has since partially recovered, trading between $58,000 and $59,000 on Tuesday.