BTC briefly fell to $55,500, its lowest since August 8, to reverse nearly all gains in the past month. The broader market tracked by CoinDesk 20 (CD20), a liquid index tracking theRead More…
Bitcoin miners just recorded their lowest revenue-generating month since September 2023 as the number of mined coins fell in August. Miners revenue reached $827.56 million last month, dropping over 10.5% from July’sRead More…
Bitcoin is soon to enter what one analyst is calling “batshit season,” which could see the price of BTC surge as high as $150,000 by the end of this year — thoughRead More…
Already higher by about 3% on the Fed news, bitcoin (BTC) rose further following the Kennedy announcement, trading at $63,800 at press time, or up 5.6% over the past 24 hours. TheRead More…
Around three-quarters of all circulating Bitcoin hasn’t been moved for the past six months or more, according to onchain data. The findings come from Glassnode’s Hodl Wave chart, which uses blockchain dataRead More…
Bitcoin “permanent holder addresses” have accumulated nearly $23 billion of the asset over the past month, according to on-chain data. In a post on X on Aug. 7, CryptoQuant founder and CEORead More…
In addition to the Bank of Japan’s somewhat unexpected hawkishness last week, the U.S. Federal Reserve also surprised a few – not by holding rates steady, but instead by appearing somewhat ambivalent aboutRead More…
While digital assets suffered losses, most traditional asset classes climbed higher during the day. The 10-year U.S. bond yields fell 10 basis points, while gold was up 1.5% to $2,450, slightly belowRead More…
The United States Government has just transferred $2 billion worth of Bitcoin — two days after former President Donald Trump promised that the US would never sell any of its Bitcoin duringRead More…
“For the U.S. to institute Bitcoin as a strategic reserve will similarly require further work including determining how much should be held as a reserve and the basis for that threshold, howRead More…