Jimmy He

Jimmy He

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Markets

Market Wrap: Bitcoin Starts the Month in Negative Territory

BTC gives back a bit of last week’s gain on reduced volume.

BTC falls on the first day of August. (Sarah Kilian/Unsplash)

Markets

July Marks Strongest Month of Crypto Fund Inflows This Year: CoinShares

Digital-asset investment products saw inflows of $474 million last month, reversing June’s $481 million of outflows.

Crypto funds saw their fifth consecutive week of inflows in the seven days ended July 29. (CoinShares)

Markets

Market Wrap: Crypto Markets Trade Higher as Fed Raises Rates by Expected Amount

Investors had already largely priced in the U.S. central bank’s 75-basis point hike.

CoinDesk placeholder image

Markets

Market Wrap: Bitcoin Declines Further as Momentum Wanes

BTC is approaching support at about $20.5K; the options market implies concerns of additional price declines.

BTC dropped 6% Tuesday. (CoinDesk Research and Highcharts.com)

Markets

Investors Waiting for Safe Token Can Buy Gnosis Tokens for Now

Safe is planning to release a token, but the timeline isn't set.

Gnosis Safe (Creative Commons)

Markets

Market Wrap: Bitcoin Starts the Week in Negative Territory

Bitcoin declines on lower than average volume, offering lower prices but little conviction.

Bitcoin declined 4.3% on Monday. (CoinDesk and Highcharts.com)

Markets

Market Wrap: Bitcoin Finishes the Week in Positive Territory Again

Bitcoin finishes strong, sees correlations with traditional markets narrow to prior levels.

The largest cryptocurrency by market capitalization is up 14% over the past seven trading days. (CoinDesk and Highcharts.com)

Markets

Market Wrap: Bitcoin Stalls at $23K but Sits Above Cost for Average Investor’s Purchase Price

Bitcoin investors are back in positive territory, although trading ranges have narrowed.

Bitcoin declined 2.9% after an 11% increase over the previous seven trading days. (CoinDesk and Highcharts.com)

Markets

Market Wrap: Bitcoin Climbs Closer to 50-Day Simple Moving Average

Some analysts believe BTC’s consolidation above the SMA could propel the cryptocurrency’s recovery.

BTC pushed to a one-month high of $24,265 and is attempting to climb above its 50-day simple moving average. (CoinDesk and Highcharts.com)

Markets

'Realized Losses' Might Prove Bitcoin's Gain if Signaling a Market Bottom, Glassnode Says

Sell-off waves are tallying record realized losses and pushing HOLDer saturation towards previous bear-market recovery levels.

The crypto market saw record monthly realized losses in June 2022. (Glassnode)

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