The 650,000 BTC held by Strategy makes it a “pressure valve” for the broader market, the Bitmine Immersion president said.
Is Strategy Stock the Preferred Hedge Against Crypto Losses? Tom Lee thinks so Read More »
A new report from decentralized exchange aggregator 1inch has shown a growing crisis in decentralized finance (DeFi): the vast majority of capital deployed in major DeFi liquidity pools is not being used effectively. According to data presented at Devconnect Buenos Aires, between 83% and 95% of liquidity in major pools, including Uniswap v2, v3 and
$12 billion in DeFi liquidity remains unused while 95% of capital remains unused Read More »
A billion-pound money laundering network operating across 28 UK cities converted revenues from drug trafficking, gun sales and organized crime into cryptocurrency, with some of these funds ultimately helping Russia circumvent sanctions and fund its war effort, Sky News reported, citing the National Crime Agency (NCA). The operation, uncovered through the NCA’s long-running ‘Operation Destabilize’,
How crypto helped a British criminal gang move huge sums of money to Russia Read More »
The great Bitcoin corporate land grab of the summer has cooled considerably, and the latest batch of digital asset Treasury (DAT) stocks are showing the hangover. Many once-hot Bitcoin treasury stocks are now trading below the value of the crypto reserve they hold, forcing companies to go beyond a simple “buy and hold” approach and
Bitcoin BTC$84,268.11 According to analytics firm 10x Research, sentiment has plunged into extreme pessimism, suggesting a tactical or intermediate low from which a BTC price rebound is likely. The company’s proprietary “Greed & Fear” index, which measures market sentiment, collapsed to a record low of less than 5 points. Readings below 10% represent extreme fear
Tactical Bottom Could Be Near, As Greed and Fear Index Suggests Read More »
Memecoin breaks the critical $0.15 low on exceptional volume, establishing new support near $0.138 as bears strengthen their control over the major time frames. News context • Crypto markets remain extremely fearful, with Bitcoin slipping below $85,000.• Total market capitalization loses $120 billion in 24 hours as risk aversion deepens.• Meme coin industry is experiencing
Dogecoin Chart Turns Fully Bearish After Multi-Level Support Fails Read More »
Bitcoin BTC$84,632.66 staged a modest rebound Friday morning in the United States after a 10% selloff overnight as the likelihood of a Federal Reserve rate cut in December rose sharply following dovish remarks from New York Fed President John Williams. “I still see the possibility of further near-term adjustment to the target range for the
FRBNY President John Williams sees ‘room for adjustment’ Read More »
new video uploaded: What the jobs report tells us about the economy What does the September jobs report, delayed six weeks due to the government shutdown, say about the economy? Lydia DePillis, our business reporter, describes how the better-than-expected report comes at a time of deep uncertainty. By Lydia DePillis, Claire Hogan, Stephanie Swart, Gabriel
What the jobs report tells us about the economy Read More »
Bitcoin is exhibiting one of the deepest momentum breaks of the cycle, with several on-chain indicators now printing signals last seen during the industry’s most violent devastations. Glassnode data shows that realized losses have reached levels comparable to the November 2022 capitulation around the collapse of FTX. The rise is almost entirely driven by short-term
BTC May Fall to $80,000, but is at Levels Predating FTX-Era Extremes 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 2667.21, down 4.0% (-111.91) since 4 p.m. ET on Thursday. All 20 assets are trading higher. Leaders: BCH (-2.3%) and BTC (-3.3%). Lagging behind: APT (-8.8%) and NEAR
Bitcoin (BTC) price falls 3.3% as index declines Read More »
