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Markets
Bitcoin's Bottom in Price Could Be Near or Already In, the Coinbase Premium Index Suggests
Previous deeply negative readings occurred near local bottoms in price, with the most recent occurring just prior to BTC's rally between October and March to all-time highs, FalconX's David Lawant noted.

CoinDesk 20 Performance Update: NEAR and AVAX Lead
Over the weekend, NEAR and AVAX led the CoinDesk 20 with only one asset posting a loss.

Market Confidence Could Quickly Crumble, BIS Warns Indebted Nations
The umbrella body for central banks also cautioned against premature easing of monetary policy.

Bitcoin's Potential Rebound May Face Resistance at $65K, OnChain Analysis Shows
Short-term holders wallets sitting on loss may liquidate holdings near $65,000, capping a renewed upswing in bitcoin's price.

Kaspa's KAS Token Bucks Broader Market, Surges 26% in a Week
The rally was accompanied by an even-bigger surge in futures open interest.

Long Dormant Whale Sends $61M BTC to Coinbase, On-Chain Data Shows
The so-called old hands have been selling coins this quarter, adding to bearish pressures in the market.

PoliFi Tokens, BTC Under Pressure Ahead of Biden-Trump Debate
If crypto-friendly Republican candidate Trump goes off the rails, Republicans may wince, but the GOP ticket will likely not change.

Bitcoin Falls After U.S. Sends $240M Worth of Silk Road-Related BTC to Coinbase
About 4k bitcoin had been seized from narcotics trafficker Banmeet Singh at his January 2024 trial.

Renewed Bullishness Expected After Bitcoin, Ether's $10B Options Expiry on Friday
Over 25% of options are set to expire "in the money," Deribit's Luuk Strijers told CoinDesk.

German Government Entity Moves $24M Bitcoin to Kraken, Coinbase: Arkham
Tuesday’s movements come days after the entity shifted $425 million among wallets, with some bitcoin transferred to exchanges.
