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First Mover Americas: Bitcoin Slips Below $39K
The latest price moves in bitcoin and crypto markets in context for Jan. 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Under $39K As ETF Debut Continues To Be a ‘Sell-the-News’ Event
BTC was down nearly 5% in the past 24 hours, reaching its lowest level in two months. The CoinDesk 20, a liquid index of the highest tokens by market capitalization, fell 7%.
Bitcoin Indicator, Which Signaled Late 2023 Rally, Is About to Flash Bearish Signal
The Guppy Multiple Moving Average indicator is about to flash a red signal, indicating a strengthening of downward momentum.
Solana, Avalanche Tokens Slide as Bitcoin Traders Target Eye Support at $38K
Over half of the profits accumulated by short-term bitcoin holders have been wiped out, Bitfinex analysts said in a Tuesday note.
FTX Sold About $1B of Grayscale’s Bitcoin ETF, Explaining Much of Outflow: Sources
BTC's price has fallen since bitcoin ETFs were approved. In theory, now that FTX is done selling its substantial holdings, the selling pressure could ease since a bankruptcy estate liquidating holdings is a relatively unique event.
China’s Currency Woes to Weigh on Bitcoin: Crypto Observer
Measures taken by the People's Bank of China to cushion yuan against the stock market slide could weigh over bitcoin's price.
U.S., U.K., Australia Sanction Hamas-Affiliated Crypto Transaction Facilitators
The U.S. and other governments are adding a number of Hamas-affiliated financiers to a global financial blacklist, the Treasury Department's sanctions watchdog announced Monday.
First Mover Americas: Solana, Cardano Lead Losses as Market Starts Week in the Red
The latest price moves in bitcoin and crypto markets in context for Jan. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.