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Markets
Bitcoin Nosedives Under $58K Amid Mt. Gox, German Government Wallet Movements
A wallet belonging to a German official entity moved its largest stash of BTC to exchanges earlier today, while Mt. Gox wallets showed activity for the first time in a month.

Bitcoin Drops Below 200-Day Average, Brings Bull Market Trendline Into Focus
Markets that consistently trade below the 200-day moving average are said to be in a downtrend.

Bitcoin Plunges Under $59K as Crypto Bulls See $230M Liquidations
Solana’s SOL and dogecoin (DOGE) lead losses among major tokens, with the CoinDesk 20 index down 4.8%.

DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action This Week
Pendle has recently lost $3 billion of its TVL with the June expiry as a result of diminishing airdrop farming hype and lower yields amid muted crypto activity.

CoinDesk 20 Performance Update: XRP and LTC Top Performers as Crypto Market Tumbles
The CoinDesk 20 index declined 4.2% since late Thursday afternoon.

Bitcoin Sinks Under $61K as One Trader Sticks to $150K Prediction This Year
U.S.-listed ETFs ended a five-day inflow streak with $13 million in net outflows on Tuesday, while concerns of the Mt. Gox distribution may have contributed to a sell-off.

Investors Added Money to Bitcoin ETFs Even as Prices Slipped 7% in June
BlackRock's iShares Bitcoin Trust continued to lead as the largest of the funds.

Bitcoin's Retreat From $70K Characterized by 'Vol Lethargy'
Deribit's BTC DVOL index, a measure of volatility expectations, has slipped to its lowest since early February.

These Hot Crypto Tokens Beat Bitcoin Gains in Q2. Here's What Drove Prices and What's Next
BTC mining stocks, AI and gaming sector might stand out in the third quarter, one observer said.

Bitcoin Traders Position for ‘Bullish July’ as BTC ETFs Record $124M Inflows
Bitcoin has a median return of 9.6% in July and tends to bounce back strongly, one trading firm said.
