Markets


Markets

XRP Is the Sole Crypto Major in Green as Bitcoin Bulls Remain Sidelined

Some traders consider the current price lull to be stemming from market participants remaining “on the sidelines” amid sales pressure from defunct exchange Mt. Gox and the German state of Saxony.

Bull and Bear (nosheep/Pixabay)

Markets

The Bullish Fed Rate-Cut Play in Bitcoin Is Not as Straightforward as You Think

At first glance, a Fed interest-rate cut appears to be a bullish signal, but that's not necessarily true.

Calculating the effect of Fed rate cut is not straightforward. (geralt/Pixabay)

Markets

Crypto Bulls Frustrated as Bitcoin and Stocks Recouple – to the Downside

A continuing series of record highs for the S&P 500 and Nasdaq over the past weeks has done nothing to prop up sliding crypto prices, but Thursday saw both asset classes tumbling together.

Bitcoin price on July 11 (CoinDesk)

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)

Finance

Crypto Investment Firm Hypersphere Unveils $130M Market Fund

The Atlas fund aims to use Wall Street-style strategies to generate returns from investments in the crypto market.

16:9 Atlas (StockSnap/Pixabay)

Markets

Celestia's TIA Token Surges 25%, Leaves Crypto Traders in Disbelief

Funding rates in perpetual futures tied to TIA are most negative since January, indicating a bias for shorts or bearish bets.

TIA's price chart. (CoinDesk)

Markets

Bitcoin Cash's Mt. Gox-Led Sell-Off Is Amplified by Poor Liquidity

Slippage, or price changes during execution of a trade, in the BCH market surged last week, signaling weak liquidity.

Liquidity for bitcoin cash has dried up, amplifying a price drop related to the Mt. Gox repayments. (daeron/Pixabay)

Markets

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 sculpture made from scrap metal outside the BitCluster mining farm in Norilsk, Russia. (BitCluster)

Markets

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.

El Salvador bought the dip. (Unsplash, modified by CoinDesk)

Markets

Bitcoin, Ether Reverse Losses as Germany Gets Back $200M BTC From Exchanges

On Monday, BTC dropped to as low as $55,000 shortly after an address belonging to the German Federal Criminal Police Office (BKA) sent over $900 million to various addresses.

Bitcoin received by German Government wallets. (Arkham)

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