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First Mover Americas: BTC Slides Ahead of Busy Data Week

The latest price moves in crypto markets in context for Aug. 12, 2024.
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Bitcoin Nears $58K in Selloff Ahead of Busy Data Week

Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.
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Tether’s USDT and Circle’s USDC Combined Supply Grew $3B Amid Crypto Market Rebound

Stablecoins serve a key role in the crypto space and their expanding supply is usually a sign of health of the broader market.
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IRS Shares New Crypto Tax Form, Invites Industry Input

The IRS’ new U.S. crypto tax regime will begin to go into effect for 2025 taxes, though some controversial aspects remain to be worked out.
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Bitcoin’s 12% Price Rally on Thursday Was The Biggest Since February 2022

Risk assets stabilized as upbeat weekly U.S. jobs veri eased recession concerns.
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A Trump-Themed Token Soars, Then Dives 95% After His Son Dashes Hope the Former President Backed It

The debacle underscores the wild world of memecoin markets, where grifts and rug pulls abound.
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Bitcoin Nears $60K as Crypto Bounce Accelerates, But Recovery Might Be Choppy

While the crypto rally was broad-based, with ETH, SOL, NEAR gaining 8%-10%, prices rarely go up in a straight line following major capitulation events such as Monday's crash, one...
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JPMorgan Remains Cautious on Bitcoin as Positive Catalysts Mostly Priced-In

Retail investors seems to have played large role in recent crypto selloff that saw sharpest correction since FTX, the bank said.
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Crypto-Friendly Bank Ordered by Fed to Limit Risks From Digital Asset Clients

Customers Bank has agreed to tackle the regulator's concerns that it's strayed from proper compliance with its digital assets clients.
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Japan’s Top Regulator Says Crypto-ETF Approvals Need ‘Cautious Consideration:’ Report

The U.S., Hong Kong and Australia have all recently given green lights to crypto-related ETFs.
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