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Bitcoin’s latest push towards $120,000 fizzled into a stall-out that now resembles a “failed breakout zone,” according to market analytics firm Swissblock. In a July 31 thread, the firm said …
Bitcoin Fakeout? Research Firm Says Momentum Just Flipped Bearish Read MoreXRP’s recent performance has been relatively strong against Bitcoin in the past month. Over the past few weeks, the XRP/BTC pair has been quietly pushing up above the 0.00002100 level …
Analyst Predicts Historical 90% XRP Crash Against Bitcoin, But This Will Happen First Read MoreBitcoin’s on-chain velocity—how often coins move—is at decade lows. To some, that’s a red flag: has Bitcoin lost momentum? Is it still being used? In fact, falling velocity may be …
What Bitcoin’s Velocity Says About Its Future Read MoreBitcoin has broken down from the two-week consolidation range that held the market between $115,724 and $122,077, reaching a new local low near $114,000. The drop confirms a shift in …
Bitcoin Advanced Sentiment Index Reaches Bearish Levels: Futures Traders Show Caution Read MoreEthena’s synthetic stablecoin, USDe, has crossed $8.4 billion in supply, adding more than $3.14 billion over 20 days in a surge that outpaced flows into BlackRock’s (BLK) flagship bitcoin and …
Ethena’s USDe Outpaces BlackRock’s Bitcoin, Ether ETFs With $3.1B Inflow Surge Read MoreCoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3811.95, down 2.5% (-97.17) …
CoinDesk 20 Performance Update: Bitcoin (BTC) Price Drops 1.3% as All Assets Decline Read MoreBitcoin (BTC) miners enjoyed another strong month in July, with profitability reaching the highest level since the last halving event, Wall Street bank JPMorgan (JPM) said in a research report …
Bitcoin Mining Profitability Last Month Hit Highest Level Since the Halving: JPMorgan Read MoreBy Francisco Rodrigues (All times ET unless indicated otherwise) The wind seems to be coming out of the crypto market’s sails. Bitcoin (BTC) fell 3% in the past 24 hours, …
Bitcoin Slides as Rate-Cut Hopes Fade: Crypto Daybook Americas Read MoreCoinbase’s Bitcoin premium has dropped into negative territory for the first time since May. This development is bearish for the flagship crypto as it suggests that demand from the U.S. …
Coinbase Bitcoin Premium Just Turned Red For The First Time Since May — What This Means Read MoreIt’s become more expensive to use derivatives to insure against a decline in ether (ETH) than in bitcoin (BTC), indicating that market sentiment has shifted against the second-largest cryptocurrency by …
Are Traders Done With Ether? Options Market Now Prices Higher Risk for ETH Than BTC Read More