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July 5, 2024

Multicoin Pledges up to $1M for Pro-Crypto Senate Candidates

Kyle Samani of Multicoin (CoinDesk)

News
July 5, 2024

These two cryptocurrencies show strength as the market crashes

The cryptocurrency market crashed in the last 24 hours, led by Bitcoin (BTC), as fear, uncertainty, and doubt (FUD) dominated. … Continue reading

The post These two cryptocurrencies show strength as the market crashes appeared first on Finbold.

News
July 5, 2024

Opportunity in volatility: ‘Don’t panic, buy the dip,’ says experts

The significant market correction has raised concerns among investors, prompting fears of a deeper market downturn. However, seasoned experts advise … Continue reading

The post Opportunity in volatility: ‘Don’t panic, buy the dip,’ says experts appeared first on Finbold.

News
July 5, 2024

CoinDesk 20 Performance Update: Index Plunged, With All 20 Assets Declining

The CoinDesk 20 Index dropped by 5.7% today, with every asset posting losses and LTC and ATOM leading the declines.

News
July 5, 2024

U.S. Added 206K Jobs in June as Unemployment Rate Rose to Highest Since November 2021

Before this morning’s jobs report, market participants put nearly 70% probability of lower rates in September, according to the CME FedWatch Tool.

News
July 5, 2024

First Mover Americas: Bitcoin Slumps Below $54K as Mt. Gox Flags Repayments

The latest price moves in bitcoin (BTC) and crypto markets in context for July 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

News
July 5, 2024

Bitcoin Traders Target $50K as Billions in BTC Selling Pressure Looms

“The German government still has over $2.3 billion worth of bitcoin, Mt. Gox has more than $8 billion, and the US government has over $12 billion,” one trader pointed out.

News
July 5, 2024

U.S. Crypto Stocks Sink in Pre-Market Trading as BTC Slumps

Software company MicroStrategy, which holds over 210,000 BTC, and bitcoin miner Hut 8 led declines as bitcoin dropped to the lowest level since late February.

News
July 5, 2024

U.S. Nonfarm Payrolls Eyed as Bitcoin Heads for Largest Weekly Loss Since FTX’s Collapse

The jobs data, due later Friday, is forecast to show that the pace of job additions in the world’s largest economy slowed sharply in June.

News
July 5, 2024

Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash

The news of the repayments added selling pressure on bitcoin and the larger crypto market after Mt. Gox announced last month its intention to start repayments in July.

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