Bitcoin News

Bitcoin News

Markets

Bitcoin Faces Risk From 'Maxed Out' U.S. Consumers, Analyst Says

U.S. consumers are accumulating debt at a slower rate, data released Wednesday showed.

visa, credit cards

Markets

Crypto Turns Broadly Lower in U.S. Afternoon Trade as Stocks Give Away Gains

An overnight bounce following dovish remarks from the Bank of Japan has failed to hold.

Ether has fallen below a key bull market trendline.  (Eva Blue/Unsplash)

Tech

Protocol Village: Metis Decentralized Sequencer Onboards Hashkey, EVM Explorer Blockscout Raises $3M

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 1-7.

Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

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Markets

Solana Hits All-Time High Against Ether, Outperforms Bitcoin in Crypto Rebound

Solana and its ecosystem tokens look attractive compared to other altcoins and is a "clear option if looking for longs" after the market turmoil, a K33 Research analyst said.

Solana (SOL) price from Monday's lows (CoinDesk)

Markets

First Mover Americas: BoJ Comments Offer Relief to Crypto

The latest price moves in crypto markets in context for Aug. 7, 2024.

BTC price, FMA Aug. 7 2024 (CoinDesk)

Markets

Bitcoin's Impending 'Death Cross' May Trap Bears as Bank of Japan Eases Rate Concerns

The ominous-sounding technical price pattern could again trap bears on the wrong side of the market as the Bank of Japan plays down chance of a near-term interest rate hike.

Death Cross. (Unsplash)

News Analysis

Semler Scientific Studied MicroStrategy’s Success Before Adopting Bitcoin Strategy

Purchasing bitcoin for the company balance sheet came following “soul searching” about how to provide value to shareholders, Eric Semler told CoinDesk.

(Brock Wegner/Unsplash)

Markets

Bitcoin Whales Increased Holdings During Crypto Market Mayhem, but ETF Investors Didn't Buy the Dip

Though posting net outflows on Monday, the spot ETF action did show some positive surprises, Bloomberg ETF analyst Eric Balchunas noted.

(Todd Cravens/Unsplash)

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