Bitcoin News
Bitcoin at Pivotal Point as Bear Market Beckons: Onchain Data
Several factors point towards continued downside, but bitcoin whales continue to accumulate at the fastest rate in more than a year.
First Mover Americas: Bitcoin Climbs Back Above $59K, but Rally Could Be Short-Lived
The latest price moves in crypto markets in context for July 10, 2024.
Bitcoin Rebounds Toward $60K, but Choppiness Likely to Persist: Analysts
The market will have to absorb $4 billion to $7 billion of bitcoin selling pressure throughout the middle of the year, which will weigh on prices, K33 Research said.
It's Not Germany Selling Bitcoin. It's One of Its States and It Has No Choice.
Since confiscating nearly $3 billion worth of bitcoin in January, Germany's state of Saxony has sold over half of its initial holdings, causing distress in the market.
MEV Has Spread to Bitcoin, in Subtler Forms Than on Ethereum
There are several ways to front-run a pending bitcoin transaction. One in particular could lead to private mempools, and thus centralization of authority on the blockchain.
Bitcoin Little-Changed Above $57K as Fed Chair Powell Testifies to Congress
Jerome Powell made clear that central bank policymakers are focused on downside risks to the economy as much as they are inflation.
Bitcoin Steady Above $57K as Germany Moves 6.3K BTC to Exchanges
The German government entity has moved hundreds of millions worth of BTC to exchanges in the past few weeks, contributing to selling pressure and bearish sentiment.
First Mover Americas: Bitcoin Regains $57K Following $300M of ETF Inflows
The latest price moves in crypto markets in context for July 9, 2024.
Drop in Bitcoin Mining Difficulty 'Comparable to FTX Collapse,' CryptoQuant Says
Miners’ profitability has been hit as the daily revenues fell from $78 million pre-halving to $26 million currently, one market analyst noted.
