U.S. Inflation Was Negative in June; Bitcoin Jumps Above $59K
The government inflation report for June was released Thursday morning (Maria Lin Kim/Unsplash)
Bitcoin
Crypto Market Rebound Expected in August, Liquidations to Finish by July-End: JPMorgan
The bank reduced its year-to-date crypto market net flow estimate to $8 billion due to a decline in bitcoin reserves across exchanges in the past month.
First Mover Americas: Bitcoin Holds $58K Ahead of U.S Inflation Report
The latest price moves in bitcoin (BTC) and crypto markets in context for July 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto Speculation Index Slide Suggests Bitcoin Bull Market Reset
Key gauge shows that the speculative forth prevalent during the first quarter has dissipated.
Bitcoin Waits for Guidance From U.S. Inflation Data, Bond Market
Increased prospects of Fed rate cuts could bode well for BTC’s recovery.
Long Bitcoin and Short Bitcoin Cash to Benefit From Mt. Gox Repayments: Trader
Both assets are being distributed in an ongoing process to creditors of the defunct Mt. Gox crypto exchange. Here’s how some traders are playing it out.
Protocol Village: SKALE’s ‘Pacifica V3’ Upgrade to Double Transaction Throughput
The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 18-24.
Chinese Bitcoin company centralizes mining operations, study suggests
Bitcoin (BTC) is the leading cryptocurrency whose core value lies in being secure and uncensorable money powered by a decentralized … Continue reading
The post Chinese Bitcoin company centralizes mining operations, study suggests appeared first on Finbold.
Bitcoin at Pivotal Point as Bear Market Beckons: Onchain Data
Bitcoin is it a crucial stage in this market cycle as several factors signal continued downside whilst others indicate that BTC is set to bottom out.
Bitcoin Rebounds Toward $60K, but Choppiness Likely to Persist: Analysts
The market will have to absorb between $4-$6 billion worth of bitcoin selling pressure throughout the summer months, weighing on prices, K33 Research said.