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Markets
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.
Mt. Gox Effect? Bitcoin Dominance Drops Most in 5 Months
BTC's dominance tanked Monday as news of Mt. Gox repayments bolstered concerns of supply overhang entering the market.
Ether Traders Buy $4K Calls In Anticipation of Record High
Call buyers are implicitly bullish on the market.
Mt. Gox to Begin Repayments in July; BTC Slides Under $61K
The defunct crypto exchange is supposed to return over 140,000 bitcoin to victims of the 2014 hack.
Japan’s Metaplanet Wants to Buy Another $6M Bitcoin
The firm will purchase over $6.2 million worth of bitcoin using proceeds from an upcoming bond issuance, adding to its BTC coffers.
Bitcoin Tumbles Toward $62K as Crypto Bulls See $150M in Liquidation
The CoinDesk 20 index, which tracks major tokens minus stablecoins, slumped just over 4%.
This Is Why Altcoin Investors Struggle Despite Bitcoin, Ether Sitting Near Yearly Highs
Constantly diluting supply with token unlocks, selling pressure from venture funds, lack of fresh inflows to crypto and seasonal trends all contributed to the brutal drawdown in altcoin prices.
Bitcoin Slumps Under $64K Amid Historic ‘Negative’ Sentiment
Lame price action has apparently caused crowd sentiment to be in negative territory for four straight weeks, a sign that may spell relief for bulls in the near term.
