Markets


Markets

Celestia's TIA Token Surges 25%, Leaves Crypto Traders in Disbelief

Funding rates in perpetual futures tied to TIA are most negative since January, indicating a bias for shorts or bearish bets.

TIA's price chart. (CoinDesk)

Markets

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.

Liquidity for bitcoin cash has dried up, amplifying a price drop related to the Mt. Gox repayments. (daeron/Pixabay)

Markets

Drop in Bitcoin Mining Difficulty 'Comparable to FTX Collapse,' CryptoQuant Says

Miners’ profitability has been hit as the daily revenues fell from $78 million pre-halving to $26 million currently, one market analyst noted.

Bitcoin sculpture made from scrap metal outside the BitCluster mining farm in Norilsk, Russia. (BitCluster)

Markets

Bitcoin ETF Traders Buy the Dip With Nearly $300M Inflows

Net inflows on Monday were the highest since early June, data shows, with Blackrock’s BTC ETF taking on almost $190 million.

El Salvador bought the dip. (Unsplash, modified by CoinDesk)

Markets

Bitcoin, Ether Reverse Losses as Germany Gets Back $200M BTC From Exchanges

On Monday, BTC dropped to as low as $55,000 shortly after an address belonging to the German Federal Criminal Police Office (BKA) sent over $900 million to various addresses.

Bitcoin received by German Government wallets. (Arkham)

Markets

Bitcoin Drops as German Government Unloads Over $900M Worth of BTC

Wallets linked to the German government still hold some 23,788 bitcoin, meaning that it has already sold more than half of its seized assets, according to Arkham Intelligence data.

Bitcoin price on Monday (CoinDesk)

Markets

Bitcoin Climbs Over $57K, With Some Saying Mt. Gox Sales Already ‘Priced In’

Markets have priced in Mt. Gox’s ongoing repayments and U.S. policies could now start influencing the market, one trading desk said.

Trader looks at lines of support and resistance (Unsplash)

Markets

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.

Edvard Munch's "The Scream" (Art Institute of Chicago)

Markets

CoinDesk 20 Performance Update: Index Plunged, With All 20 Assets Declining

The CoinDesk 20 Index dropped by 5.7% since Thursday afternoon, with LTC and ATOM leading the decline.

CoinDesk 20 leaders (CoinDesk Indices)

Markets

U.S. Added 206K Jobs in June as Unemployment Rate Rose to Highest Since November 2021

Bitcoin dipped a hair on the news but prices had already crashed over the past 48 hours as markets dealt with a crush of new supply.

The government's jobs report for January was released Friday (David McNew/Getty Images)

Pageof 633