First Mover Americas: Bitcoin Dips Below $62K Ahead of U.S. Inflation Figures
The latest price moves in crypto markets in context for May 14, 2024.
Bitcoin Runes Protocol Sees Traction Waning After Much-Hyped Introduction
User activity has plunged after a hyped run-up to the introduction of the Runes protocol, which was expected by some to mirror Solana’s meme coin ecosystem.
Hong Kong Bitcoin and Ether ETFs See $39M Outflows on Monday: Farside Investors
Previous outflows hovered around the $6 million mark, signaling a significant uptick in negative flows on Monday.
Cautious Bitcoin Bounce to Face Inflation Data Hurdles Later This Week
The downtrend in inflation has stalled so far this year, putting in doubt the odds for any Fed rate cuts in 2024.
First Mover Americas: Bitcoin Fails to Hold $63K, May Remain Range-Bound
The latest price moves in crypto markets in context for May 13, 2024.
Bitcoin Mining Difficulty Slumped Last Week in Biggest Decline Since Crypto Winter: Bernstein
Lower cost miners have increased market share since the bitcoin halving, the report said.
Bitcoin Below $60K Could Trigger 'Panic' Selling, Crypto Analyst Says
One trader said recent declines are likely related to miners' asset sell-offs and fears of tighter regulation of cryptocurrencies.
Stablecoin Expansion Stalls Ahead of U.S. Inflation Data
Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%.
Metaplanet Makes Bitcoin a Reserve Asset as Japan’s Debt Mountain Grows
The announcement comes as the yen, one of the top five global reserve currencies, bears the brunt of Japan's fiscal imprudence.
Bitcoin Is in a 'Bore You to Death' Phase, but Bottom Could Be Close, Analysts Say
This period could last between one to six months, and the sentiment will be the most negative right before the turnaround, one hedge fund manager said.
