According to Maartunn, a community analyst at on-chain data platform CryptoQuant, $5.69 billion worth of Bitcoin flowed to crypto exchanges at a loss in 48 hours as short-term holders capitulated. Deposits to exchanges often imply an intent to sell; this is the case as the market has seen a drop since the start of the
According to reports, Russia’s first real estate transaction with digital rubles has been carried out in Moscow with a nod from the country’s monetary authority. The news comes two years after the launch of a pilot project for the digital currency, scheduled for full introduction in stages starting a year from now. Russian buys Moscow
With $110,000 in sight as traders consider Fed signals and cooling accumulation, Bitcoin’s rise has reached a temporary roadblock. Summary After a steep post-ATH decline, Bitcoin is now consolidating around the mid-$110Ks; the tone was set by profit-taking into August 16. A $ 110,000 sweep remains on the table after a failed reclaim; on-chain data
James Wynn, dubbed one of the most aggressive leverage traders in the crypto industry, has dropped a bold opinion on the current market outlook. In a post on X, Wynn, a Hyperliquid whale, reinforced the accumulation and HODL mentality on the crypto market. James Wynn’s bold Ethereum leverage position Wynn, known for taking massive leveraged
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin BTC$113,859.77 bulls are attempting to establish an interim low around $113,000, but the effort appears weak in terms of both price and volume. So far, the bounce has been barely notable, with upside capped above $114,000. Additionally, volumes have stayed
Crypto whales and institutional investors are on a selling spree, which is causing cryptocurrency prices to go down. A crypto user on X highlighted some parties involved in the ongoing crypto selloff, including those taking short positions and long trades that are being liquidated. That explains the market-wide pullback that cryptocurrencies have experienced in the
Tim Kotzman sat down in a New York studio in September 2023 to record a podcast, something he saw as little more than an experiment. The first few episodes drew almost no attention. Kotzman had no background in journalism, and his only prior podcast experience was appearing on a friend’s show to discuss his private
Japan’s benchmark 10-year government bond (JGB) yield rose to a 17-year high, reflecting concerns that could spill over to bond markets across other developed economies and reduce demand for riskier assets such as cryptocurrencies and equities. The yield rose above 1.61%, the highest since 2008. The move follows a dismal auction of the 20-year JGB
Story Highlights Trump blames Powell for delaying Fed cuts, warning of a worsening housing crisis Markets see an 83% chance of rates dropping to 400–425 bps Bitcoin slips below $114K and retail sentiment turns sharply bearish President Trump is yet again targeting Federal Reserve Chair Jerome Powell, accusing him of stalling on rate cuts and