Memecoins are usually where traders look for risk. This week is where the risk is reduced first. Dogecoin and Shiba Inu both lost around 9% as bitcoin drifted toward the $60,000 level, with the heaviest selling concentrated in the more speculative corners of the market. News context • Broader crypto sentiment deteriorated as Bitcoin slipped […]
Dogecoin and Shiba Inu plunge 9% as Bitcoin nears $60,000 Read More »
Latest developments: Sen. Angela Alsobrooks said she would not support the Clarity Act in the Senate unless negotiators reach agreement on ethics provisions and other outstanding issues. Alsobrooks said ethical concerns remain a major sticking point, alongside provisions on illicit financing and work still needed in the agriculture committee. She characterized her committee vote to
Alsobrooks says Clarity Act requires ethics deal before Senate vote Read More »
Ethereum falls 10% in bearish trade
Ethereum falls 10% in bearish trade Read More »
XRP is no longer fighting for $1.20. It’s a question of whether $1.10 holds. The latest selloff occurred with the type of volume typically associated with forced liquidations rather than orderly selling, pushing the token to its weakest levels in months before dip buyers finally appeared near $1.09. News context • XRP ETFs saw around
What’s Next as Ripple-Linked Token Falls 5% to $1.10 Read More »
The U.S. economy added 172,000 jobs in May, almost double economists’ expectations, strengthening the case for a Federal Reserve rate hike this year. The unemployment rate remained stable at 4.3%, according to data released Friday by the Bureau of Labor Statistics. Bitcoin BTC$61,029.69 remained under pressure following the report, trading below $62,000 as the broader
U.S. job growth beats forecasts, paving way for Fed rate hikes Read More »
CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1681.25, down 4.8% (-84.48) since 4 p.m. ET on Thursday. All 20 assets are trading lower. Leaders: BTC (-2.8%) and BNB (-2.9%). Lagging behind: ICP (-14.6%) and NEAR
Bitcoin (BTC) price falls 2.8% as index declines Read More »
Arthur Hayes, Maelstromfund’s chief investment officer, said he liquidated his entire zcash (ZEC) position after a developer revealed a potential critical vulnerability in the network’s Orchard Pool. Hayes, who previously championed the privacy token, said on The now-patched vulnerability was revealed by Shielded Labs, which said a major issue went undetected for four years and
Arthur Hayes abandons zcash holdings after Orchard Pool vulnerability revealed Read More »
Bitcoin (BTC) has largely given up yesterday’s modest rebound, returning to $61,900 in morning trading in the US, down 0.8% in the past 24 hours. The US non-farm payrolls report for May will arrive in a few minutes. Although the interest rate outlook has taken a backseat to other concerns amid this week’s crypto price
Bitcoin below $62,000 ahead of jobs data as Zcash bug shakes crypto Read More »
In recent weeks, Bitcoin BTC$61,875.23 Sentiment was most bullish when the price was highest and most bearish exactly when it was most stressed, according to Santiment data covering the period May 21 to June 4. The bullish peak hit on May 22, with bitcoin near its high of $78,000 for the period. The most bearish
BTC Sentiment Peaked Bearish at Recent Price Lows, Bullish Peak Near Highs: Crypto Daily Read More »
The crypto market is on the verge of a major price breakout after experiencing one of its worst weeks since July 2024. Bitcoin BTC$61,875.23which is currently trading around $62,500, has lost more than 14.5% since midnight UTC Monday morning, while ether (ETH) has plunged more than 17%, falling 5.5% on Friday alone. Ether, the second-largest
