Bitcoin News

Bitcoin News

Markets

First Mover Americas: Crypto Markets Sinking on Silvergate

The latest price moves in crypto markets in context for March 3, 2023.

Silvergate Bank collapsed in 2023. (Will Foxley/CoinDesk)

Markets

Bitcoin-Bridged to Avalanche Reaches Record Daily Mint of Over 2K BTC

Half of the BTC.b minted on Thursday have been moved to BENQI Finance, an Avalanche-based decentralized finance protocol.

Interest in bridging BTC to Avalanche continues to swell. (Matthew Lancaster/Unsplash)

Markets

Bitcoin Bears May Still Be a Bit Early, Though Caution Urged: Matrixport

Crypto investors should cut exposure by 50% if bitcoin prices fall below $22,800, the report said.

(Mark Miller/Pixabay)

Markets

Bitcoin Long Liquidations Hit Highest Level Since August

Centralized exchanges liquidated bullish long futures worth over $62 million during the early Asian hours.

Bitcoin's long liquidations (Glassnode)

Markets

Bitcoin, Ether Drop Over 5% in Massive Sell-Off as Market Continues to Digest Silvergate

Bitcoin plunged to $22,277 and ether hit $1,563 as crypto tumbled during the opening hours of East Asia's trading day.

Hong Kong (Unsplash)

Markets

First Mover Asia: Bitcoin Continues to Look East for Strength

ALSO: CoinDesk columnist Glenn Williams Jr. writes that on-chain indicators show that 70% of Bitcoin addresses are profitable

(Getty Images)

Finance

Bitcoin Miner Marathon Digital Sold Almost All Bitcoin Mined in February

It's the second consecutive monthly sale for the company, which before 2023 hadn't sold any of its holdings.

Marathon Digital CEO Fred Thiel (CoinDesk)

Markets

Bitcoin Price Holds Steady Above $23K as Silvergate Capital Crumbles

That Silverage’s troubles are not a negative catalyst for BTC’s price “has to be seen as a positive,” one analyst says.

Bitcoin price chart for past 24 hours (CoinDesk/highcharts.com)

Markets

Bitcoin, Ether Trade Marginally Lower Following Release of Discouraging Jobs Data

A persistently robust employment market has played a major role in capping asset prices, though a floor seems intact as well.

(Midjourney/CoinDesk)