Bitcoin’s Potential Rally Amid U.S. Dollar Weakness
Bitcoin and the U.S. dollar have a long-standing inverse correlation, notably when observing the Dollar Strength Index (DXY). When the dollar weakens, Bitcoin often...
Nevada Welcomes Bitcoin and Crypto: Day Two of the America Loves Crypto Tour
The speakers and performers at the second night of the America Loves Crypto tour were just as impassioned and driven to get out the...
Weeks After Ether ETF Debut, ETH Market Liquidity Has Dropped by 20%
Ether’s 5% market depth on U.S. exchanges has dropped by 20% since the introduction of spot ether ETFs in the U.S. Poor market conditions...
Bitcoin’s 200-Day Average About to Lose Bullish Momentum; NFP Eyed
BTC’s 200-day SMA is close to shedding its bullish bias for the first time since October. Short-term averages have already flipped bearish. The nonfarm...
Crypto Market Lacks Major Near-Term Catalysts, JPMorgan Says
Total crypto market cap was about $2 trillion at the end of last month, the report said. JPMorgan said the crypto ecosystem lacks major...
First Mover Americas: BTC Treads Water Ahead of U.S. Jobs Report
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in...
U.S. Added 142K Jobs in August, Likely Setting Stage for 25 Basis Point Rate Cut
The U.S. posted August job growth of 142,000, slightly less than expected, but the unemployment rate dipped to 4.2% Sizable downward revisions to the...
Sonic SVM, Gaming Project on Solana Blockchain, Plans $12.8M Node Sale
Sonic SVM has built its own framework, HyperGrid, which can be used to spin up new networks called “grids” that ultimately settle to the...
Crypto Market to Stay Highly Correlated to Stocks Amid Macro Events and Dwindling Network Activities, Citi Says
Crypto market expected to remain highly correlated to stocks, the report said. The bank noted that network activity has been falling on Ethereum and...