The Bullish Fed Rate-Cut Play in Bitcoin Is Not as Straightforward as You Think
At first glance, a Fed interest-rate cut appears to be a bullish signal, but that’s not necessarily true.
Financial
Market
Financial
Bitcoin at Pivotal Point as Bear Market Beckons: Onchain Data
Several factors point towards continued downside, but bitcoin whales continue to accumulate at the fastest rate in more than a year.
Financial
GSR and Wealth Manager St. Gotthard Execute Options Trade Tied to CoinDesk 20 Index
The trade based on the CD20 index marks a milestone in digital asset options, enhancing institutional risk management, GSR said in a release.
Financial
Bitcoin Steady at $58.5K as German State Saxony Moves $300M in BTC
BTC held largely steady amid the continued divestment of coins, having failed to keep gains above $59,000 during the Asian hours.
Financial
Bitcoin Cash’s Mt. Gox-Led Sell-Off Is Amplified by Poor Liquidity
Slippage, or price changes during execution of a trade, in the BCH market surged last week, signaling weak liquidity.
Financial
Bullish Drivers Remain In Play Despite Germany’s Bitcoin Sales and Mt. Gox Reimbursements
Macro factors and persistent “risk-on” in traditional markets suggest a promising outlook after BTC-specific supply overhangs run dry.
Financial
Stablecoins, Miners Outperform as $18B Gets Wiped Out From Crypto in June: JPMorgan
Spot bitcoin ETFs saw their second worst month since launching in the U.S., with an estimated $662 million of net outflows, the report said.
Financial
Digital Asset Trader Auros to Invest Over $50M in Crypto Startups Through Its Newly Established VC Arm
Auros Ventures aims to make concentrated bets on crypto startups to help them scale with Auros being “power user,” Auros CEO Ben Roth said in an exclusive interview with CoinDesk.
Financial
Crypto Crash Pushes Fear & Greed Index to Lowest Since Bitcoin Traded at $17K in Early 2023
The widely-followed sentiment metric hit extreme greed levels earlier in March near the local top of the crypto market, but now is pushing its limits in the opposite direction.
Financial
Bitcoin Traders Target $50K as Billions in BTC Selling Pressure Looms
“The German government still has over $2.3 billion worth of bitcoin, Mt. Gox has more than $8 billion, and the US government has over $12 billion,” one trader pointed out.