Markets

Large Bitcoin Holders Accumulate $1.5B Worth of BTC as Price Wavers
The accumulation suggests optimism among large investors, IntoTheBlock’s head of research noted.

First Mover Americas: SEC Delays Spot Bitcoin ETF Decision for All Applicants
The latest price moves in crypto markets in context for Sept 1, 2023.

Stablecoins Can Provide an Escape From High-Inflation Currencies: Brevan Howard Digital
Usage has shown a low correlation with crypto exchange volumes, which suggests that significant stablecoin transaction volumes are likely being used for non-speculative purposes, the report said.

Bitcoin Slides Under $26K, Majors SOL, XRP, DOGE Erase All Weekly Gains
Only tron (TRX) and toncoin (TON) were in the green on Friday, up over 1% each on no immediate catalysts.

MakerDAO’s MKR Token Jumps 10%, Defying Crypto Market Slump
The rally occurred amid improving fundamentals of Maker, as the protocol has returned to make profits, Messari analyst Kunal Goel said.

Ether Heads for 'Death Cross'
A death occurs when an asset's 50-day simple moving average dips below its 200-day simple moving average.

First Mover Americas: Musk's X Obtains Payment Licenses in Several U.S. States
The latest price moves in crypto markets in context for August 30, 2023.

Bitcoin Slips to $27.2K, Cryptos Dip as Investors Digest Grayscale’s Court Win
Some signs suggest potential market weakness despite Tuesday’s rally, market observers noted.

First Mover Americas: Bitcoin Rallies on Grayscale Court Win Over SEC
The latest price moves in crypto markets in context for August 30, 2023.

It's a Bullish Double Whammy for Bitcoin, but Caution Still Warranted
Grayscale's legal victory over the SEC and disappointing U.S. labor market data support upside in bitcoin. But the bullish scenario is not without risks.

