Bitcoin Bulls Fail Again, But There Is Still Hope
Bitcoin could not topple a key resistance on Thursday despite positive U.S. inflation report.
Markets
Biden Overtakes VP Harris as Likeliest Dem Nominee on Polymarket During President’s Press Conference (Update)
The president said he plans to stay in the race but “it’s important that I allay fears.”
Germany Almost Done Selling Bitcoin, Holding Less Than 5K Tokens After Latest Moves
There’s less than 5,000 bitcoin left in wallets linked to German authorities after Thursday’s transfers, down from the 50,000 BTC that was confiscated, blockchain data shows.
Crypto Bulls Frustrated as Bitcoin and Stocks Recouple – to the Downside
A continuing series of record highs for the S&P 500 and Nasdaq over the past weeks has done nothing to prop up sliding crypto prices, but Thursday saw both asset classes tumbling together.
CoinDesk 20 Performance Update: NEAR and APT Lead as Index Rises 0.2%
CoinDesk 20 leaders (CoinDesk Indices)
MicroStrategy to Split Stock 10:1 After Share Price Triples in a Year on Bitcoin Rally
The company is the largest corporate bitcoin holder with more than $13 billion worth of BTC in its treasury.
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)
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.