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German Government Entity Moves $24M Bitcoin to Kraken, Coinbase: Arkham

Tuesday’s movements come days after the entity shifted $425 million among wallets, with some bitcoin transferred to exchanges.
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Mt. Gox Redemption Fears ‘Overblown’ Say Traders as $10B BTC Holdings Draw Concerns

The defunct crypto exchange’s trustees said Monday they are preparing to start distributing bitcoin (BTC) stolen from clients in a 2014 hack in the first week of July.
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Bitcoin Nears $62K as Crypto Bulls See $150M in Liquidation

The CoinDesk 20 index, which tracks major tokens minus stablecoins, slumped just over 4%.
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Elevated Ether Volatility Expectations May Be Unfounded

The excitement surrounding the impending debut of spot ether ETFs in the U.S. has investors anticipating higher ether price swings relative to bitcoin.
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XRP, LINK, ETH Stand Out Relative to BTC in Sector Rotation Analysis, DOGE Struggles

Fairlead's 12-week relative rotation graph shows signs of green shoots in XRP, LINK, ETH.
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Dogecoin, Solana Lead Crypto Majors Plunge as Bitcoin Falls Below $66K

The lack of immediate catalysts to prop up markets in the near-term are likely weighing down token prices, one trader said.
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Bitcoin Traders See Short-Term Bearish Target at $60K as Miners Pare Holdings

Persistent testing of the lows sets the bears up for quick success with their next target at $60,000, one trader said.
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Here’s Why Bitcoin’s Not Keeping Pace With Nasdaq

Bitcoin declined 6% in a week even as Nasdaq rallied to record highs.
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Bitcoin Miners Cash in on BTC Rally as Exchange Transfers Hit Two-Month High

Among those selling, Marathon Digital offloaded 1,400 BTC worth nearly $100 million since the start of the month.
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First Mover Americas: Bitcoin Futures Positions Top Record $37B as Analysts Predict Bitcoin Surge to $83K

The latest price moves in crypto markets in context for June 7, 2024.
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Recent Posts

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  • The Protocol: Nvidia To Manufacture AI Supercomputers in U.S., New Opportunities for Crypto Miners
  • Bitcoin Rally Short-Circuited as Fed Chair Powell Raises Stagflation Fear

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