The mounting uncertainty over interest rate cuts and signs of slowing economic growth are weighing heavily on Bitcoin (BTC) as it struggles to build momentum just weeks after hitting its record highs in mid-July. Adding to the uncertainty are cooling institutional demand and further geopolitical tensions following Trump’s August 4 threat of tariffs on India
Capital B (ALCPB) operating as The Blockchain Group, has completed the acquisition of 62 bitcoin BTC$114,905.21 for approximately $7.13M through its Luxembourg-based subsidiary. This investment lifts the firm’s total holdings to 2,075 BTC, purchased at an average price of $104,803 per coin. The acquisition was funded via a $7.48M convertible bond issuance, subscribed by Tobam
A popular crypto YouTube channel has advised people to hold Bitcoin for each of their loved ones. Altcoin Daily advises crypto investors to hold .01 Bitcoin for each family member they care about. The message, shared via X, aims to remind investors about Bitcoin’s value and the returns it could give in the long term.
A widely followed crypto analyst who nailed the 2022 Bitcoin (BTC) crash is warning of an impending BTC meltdown. In posts in his Telegram channel, pseudonymous trader Crypto Capo tells his 129,000 subscribers that BTC and altcoins could see significant dips in price in the coming weeks as risk for a black swan event remains
Leading market analysts are growing more optimistic about Bitcoin, suggesting the stage is being set for a major bull run in the second half of the year. While the price has seen a nearly 4% pullback over the past week, now trading around $114,168, a closer look at the charts reveals a potentially explosive setup.
Bitcoin had closed the month of July at $115,000, an $8,000 jump from June’s close which is the highest monthly close in its history. According to analyst PlanB, this record-breaking move is right in line with his models, which suggest the market is in the middle of a slow and steady bull market with a
Losing access to thousands of Bitcoin sounds like a nightmare for anyone in the crypto world. But one man, who lost 8,000 Bitcoin — worth hundreds of millions today — is not giving up. Instead of trying to dig through landfills or search for old hard drives, he has a fresh idea. His Bitcoin tokenization
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As East Asia begins its trading day, bitcoin BTC$114,792.28 is changing
Bitcoin’s price volatility dropped to its lowest in more than a year in July, according to multiple measures of these fluctuations. The cryptocurrency’s annualized 60-day volatility fell to 28.53% on July 30, according to figures compiled by investment manager Blockforce Capital. At this point, the measure was at its lowest value since August 28, 2023,