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Protocol Village: Tezos-Focused Trilitech Building Prototype of 'Jstz' as JavaScript-Based L2

The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 5-10.

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

Markets

U.S. Inflation Was Negative in June; Bitcoin Jumps Above $59K

Market participants became increasingly convinced that the Fed was going to trim rates at its September meeting following the report.

food shopping in brown bags

Markets

Crypto Market Rebound Expected in August, Liquidations to Finish by July-End: JPMorgan

The bank reduced its year-to-date crypto market net flow estimate to $8 billion due to a decline in bitcoin reserves across exchanges in the past month.

(Shutterstock)

Markets

First Mover Americas: Bitcoin Holds $58K Ahead of U.S Inflation Report

The latest price moves in crypto markets in context for July 11, 2024.

BTC price, FMA July 11 2024 (CoinDesk)

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Markets

Crypto Speculation Index Slide Suggests Bitcoin Bull Market Reset

Key gauge shows that the speculative forth prevalent during the first quarter has dissipated.

Bernstein forecasts new crypto cycle ( Hans Eiskonen/Unsplash)

Markets

Bitcoin Waits for Guidance From U.S. Inflation Data, Bond Market

The data is expected to show a continued progress on the inflation front, cementing the case for Fed rate cuts.

Cryptocurrencies could in theory offer protection against inflation. (stevepb/Pixabay)

Markets

Bitcoin Price Decline on Germany, Mt. Gox and Miner Sell Pressure May Be Overblown: NYDIG

Recent blockchain movements sparked "irrational" fears, offering a buying opportunity for investors, NYDIG's Greg Cipolaro said.

Bitcoin's decline coincided with investor worries about supply overhangs (NYDIG)

Markets

Bitcoin at Pivotal Point as Bear Market Beckons: Onchain Data

Several factors point towards continued downside, but bitcoin whales continue to accumulate at the fastest rate in more than a year.

Bitcoin P&L index (CryptoQuant)

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Markets

First Mover Americas: Bitcoin Climbs Back Above $59K, but Rally Could Be Short-Lived

The latest price moves in crypto markets in context for July 10, 2024.

BTC price, FMA July 10 2024 (CoinDesk)

Markets

Bitcoin Rebounds Toward $60K, but Choppiness Likely to Persist: Analysts

The market will have to absorb $4 billion to $7 billion of bitcoin selling pressure throughout the middle of the year, which will weigh on prices, K33 Research said.

Bitcoin (BTC) price on July 9 (CoinDesk)

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