Bitcoin Hits $62K as Cryptos Bounce; Correction Likely Over But Expect a ‘Slow Grind Higher,’ Arthur Hayes Says
Bitcoin will likely trade in a range between $60,000 and $70,000 through the next few months, the former BitMEX CEO said.
Bitcoin
BTC optimism as institutional investors report millions in Bitcoin ETFs ownership
This year marked a significant shift in the investment landscape, as the Securities and Exchange Commission (SEC) approved nine spot … Continue reading
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Bitcoin’s Recent Weakness Is More Tied to Global Markets Than to Anything Crypto Specific, Coinbase Says
Both equities and gold have been trading lower since reaching highs in mid-April, the report said.
Protocol Village: Polyhedra Says Open-Source ZK Proof System ‘Expander’ 2x Faster Than Alternatives
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 2-8.
U.S. April Job Additions of 175K Miss Forecasts for 243K, BTC Rises Above $60K
The government’s jobs report for April was released Friday morning (Unsplash)
First Mover Americas: Bitcoin Hovers Around $59K to End Week
The latest price moves in bitcoin (BTC) and crypto markets in context for May 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin’s Price Recovery Faces Nonfarm Payrolls Test
Bitcoin held steady as the dollar index nursed losses ahead of a U.S. jobs report that is expected to show the unemployment rate remained below 4% for the 27th straight month.
Jack Dorsey’s Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others
The payments firm announced the news alongside its first quarter earnings report on Thursday afternoon.
Crypto Market Sell-Off Was Driven by Retail Investors, JPMorgan Says
Crypto markets have seen significant profit taking in recent weeks with retail investors playing a bigger role than institutions, the report said.
U.S. Senate’s Warren Warns National Security Chiefs About Iranian Crypto Mining
U.S. Sen. Elizabeth Warren (D-Mass.), one of the most prominent critics of cryptocurrency hazards, warned the top military and financial officials that Iran relies on digital assets mining as a source of revenue that can lessen the pressure from U.S. sanctions.