It's Not Germany Selling Bitcoin. It's One of Its States and It Has No Choice.
Since confiscating nearly $3 billion worth of bitcoin in January, Germany's state of Saxony has sold over half of its initial holdings, causing distress in the market.

MEV Has Spread to Bitcoin, in Subtler Forms Than on Ethereum
There are several ways to front-run a pending bitcoin transaction. One in particular could lead to private mempools, and thus centralization of authority on the blockchain.

Bitcoin Little-Changed Above $57K as Fed Chair Powell Testifies to Congress
Jerome Powell made clear that central bank policymakers are focused on downside risks to the economy as much as they are inflation.

Bitcoin Steady Above $57K as Germany Moves 6.3K BTC to Exchanges
The German government entity has moved hundreds of millions worth of BTC to exchanges in the past few weeks, contributing to selling pressure and bearish sentiment.

First Mover Americas: Bitcoin Regains $57K Following $300M of ETF Inflows
The latest price moves in crypto markets in context for July 9, 2024.

Drop in Bitcoin Mining Difficulty 'Comparable to FTX Collapse,' CryptoQuant Says
Miners’ profitability has been hit as the daily revenues fell from $78 million pre-halving to $26 million currently, one market analyst noted.

Bitcoin ETF Traders Buy the Dip With Nearly $300M Inflows
Net inflows on Monday were the highest since early June, data shows, with Blackrock’s BTC ETF taking on almost $190 million.

Stablecoins, Miners Outperform as $18B Gets Wiped Out From Crypto in June: JPMorgan
Spot bitcoin ETFs saw their second worst month since launching in the U.S., with an estimated $662 million of net outflows, the report said.

First Mover Americas: BTC Rebounds to $57K
The latest price moves in crypto markets in context for July 8, 2024.
