Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. ItsRead More…
Bitcoin (BTC) could not hold its recovery this week, signaling that the bears have not given up and are using the rallies to sell. Bitcoin is on track to finish the weekRead More…
“Although the dip to $56,500 may have completed the correction, I still expect to see a price of $52-55,000 before wave 4 completes,” Glover said, referring to the Elliot Wave theory, aRead More…
The yen’s devaluation didn’t impact crypto markets yet, but this could change if the BOJ steps in to prop up the currency, Noelle Acheson, analyst and author of the Crypto Is MacroRead More…
On the longer outlook, though, the past three halvings were followed by an exponential move higher for bitcoin’s price about 50-100 days after the event, crypto hedge fund QCP Capital pointed outRead More…
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. ItsRead More…
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. ItsRead More…
Treasury bonds and the U.S. dollar index (DXY) surged as traders flocked to hedges, while key U.S. equity indices the S&P500 and Nasdaq 100 slipped 1.7% an hour ahead of the closeRead More…
The dip echoed through multiple asset classes, but bitcoin gradually erased all its losses, and was up over 1% over the past 24 hours, outperforming U.S. equities and gold, both of whichRead More…
The supply of Tether’s USDT and Circle’s USDC – the two largest stablecoins – expanded by nearly $10 billion combined over the past 30 days, 10x Research pointed out. Meanwhile, the supplyRead More…