Bitcoin


Markets

Bitcoin Tumbles Back Under $58K as Crypto Quickly Crumbles Thursday Afternoon

The blame this time can't be laid on macro jitters, as stocks are up big again, with the Nasdaq and S&P 500 both more than erasing early August declines.

Crypto plunges in quick fashion (Unsplash)

Markets

First Mover Americas: Bitcoin Drops to Under $58K After U.S. CPI Data

The latest price moves in crypto markets in context for Aug. 15, 2024.

BTC price, FMA Aug. 15 2024 (CoinDesk)

Markets

Bitcoin Drops to $58K After U.S. CPI Print, BTC ETFs Record $81M Outflow

Traders say bitcoin could drop to $55,000 in the near-term, but favorable Fed policies could set the stage for its next leg up.

Bitcoin Price (CoinDesk Indices)

Tech

Protocol Village: ARPA's Randcast Launches on Taiko, Coinbase Promotes 'cbBTC'

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 8-14.

Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

Markets

Bitcoin Price May Turn Lower as Crypto Exchanges See $1B USDT Withdrawal: IntoTheBlock

The previous two occasions when exchanges saw similar USDT outflows earlier this year occurred near local tops in bitcoin's price.

Bitcoin price on Aug 14 (CoinDesk)

Tech

Ethereum-Based Swell Imports Wrapped Bitcoin to Serve as Liquid Restaking Token

Users can deposit their wBTC to get swBTC in return, with yield expected to start flowing from mid-September – as part of a blockchain "restaking" scheme ultimately designed to secure protocols in the Ethereum blockchain ecosystem.

16:9 Swell, liquid (Winkelmann/Pixabay)

Markets

U.S. CPI Rose 0.2% in July, Matching Expectations

Bitcoin continued with modest daily gains at $61,300 following the report.

food shopping in brown bags

Markets

First Mover Americas: BTC Tops $61K, But Traders Remain Cautious

The latest price moves in crypto markets in context for Aug. 14, 2024.

BTC price, FMA Aug. 14 2024 (CoinDesk)

Markets

Bitcoin Miner Capitulation and Record High Hashrate Point to Possible Price Bottom: CryptoQuant

Such expansion comes despite a recent drop in bitcoin (BTC) prices, indicating positive sentiment among miners after a bout of selling in the past few months.

Bitmain Antminer mining rigs (Christie Harkin/CoinDesk)

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