U.S. Consumers Say Crypto Is Here to Stay, Stablecoins Maybe Not: Deutsche Bank
Sentiment is somewhat bearish about the near-term outlook for bitcoin, the bank’s consumer survey showed.
Bitcoin
Protocol Village: Flight-Tracking DePIN Protocol Wingbits Raises $3.5M
Protocol Village is CoinDesk’s living column chronicling blockchain tech project updates (CoinDesk)
Bitcoin Plunges Below $56K as Stocks Sell Off in Weak U.S. Trading
It’s been a trend for the last few weeks that cryptocurrencies selloff as the U.S. traditional markets open, underscoring a general risk-off sentiment among American investors.
Bitcoin Decouples From Gold as Crypto Continues in Bearish Phase
Bitcoin {{BTC}} is in the midst of a period of negative correlation with gold, signalling a risk-averse environment where investors favor traditional safe-haven assets like gold as opposed to speculative assets.
U.S. Core Inflation Rose 0.3% in August, Faster Than Anticipated
Prior to this report, the Fed was widely expected to trim its benchmark lending rate by 25 basis points at its policy meeting next week.
Bitcoin Eyes $58K With Downtrodden Crypto Markets Exposed to Short Squeezes, Says Analyst
Bitcoin (BTC) was rising on Tuesday as the crypto market continued its rebound from last week’s fear-inducing plunge.
First Mover Americas: Bitcoin Rises to $57K as ETFs End Losing Streak
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Retakes $57K, but Potential Positive Catalysts Are ‘Sparse,’ Says NYDIG
The world’s largest crypto is bouncing after tumbling below $53,000 at one point last Friday.
First Mover Americas: Bitcoin Reclaims $55K Ahead of Tuesday’s Harris-Trump Debate
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
A 0.50% Fed Rate Cut Could Raise Alarm for Bitcoin, 10X Research Warns
The Fed is expected to begin its much-anticipating rate-cutting cycle from next week.