Red September? Bitcoin Risks Sliding to $100K After 6% Monthly Drop
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin (BTC) has breached key support levels in a sign of increasing bearish momentum that suggests a risk of a slide to $100,000. The leading cryptocurrency by market value fell 6.5% in August, ending the...
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BTC whale now holds $3.8B in ETH, analysts call it maturity
During a 12-hour buying spree over the weekend, the “Bitcoin OG” whale gobbled up 96,859 spot Ether after selling 4,000 Bitcoin....
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Sonic Labs passes proposal to expand to U.S. capital markets
Sonic Labs’ community has approved a $150M plan to expand into U.S. capital markets, funding an ETF, NASDAQ PIPE, and the launch of Sonic USA....
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Metaplanet tops 20,000 Bitcoin ahead of key capital-raising vote
Metaplanet’s strategic Bitcoin accumulation and capital-raising efforts could significantly influence its market position and investor confidence. The post Metaplanet tops 20,000 Bitcoin ahead of key capital-raising vote appeared first on Crypto Briefing....
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Bitcoin whale dumps 4,000 BTC and stacks over 837,000 ETH total
The whale’s shift from Bitcoin to Ethereum may signal changing market dynamics, potentially influencing investor strategies and crypto valuations. The post Bitcoin whale dumps 4,000 BTC and stacks over 837,000 ETH total appeared first on Crypto Briefing....
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Interchangeable Cards: Worth It or Just a Pricey Mining Rig? #shorts
Are interchangeable cards worth the price? What happens if they cost as much as mining rigs? And just how easy is it to open one of these up to change a fan? It is important to know. #miningrig #techreview #cryptomining #tech #gpu...
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Asia Morning Briefing: August ETF Flows Show the Massive Scale of BTC to ETH Rotation
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. August delivered a rare reversal...
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Eric Trump To Attend Shareholder Meeting Of A Company In Japan That Is Emulating Michael Saylor’s Bitcoin Hoarding Strategy: Report
Eric Trump, son of U.S. President Donald Trump, is set to attend a shareholder meeting for Japanese Bitcoin (CRYPTO: BTC) treasury firm Metaplanet in Tokyo on Monday. Eric Trump Acting As Advisor To Metaplanet Reuters reported this development as part of the Trump family’s growing international crypto ventures. Eric Trump, who became an adviser to...
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99% favor Solana Alpenglow upgrade for 150ms finality, so far
Solana’s Alpenglow protocol looks set to pass, with over 99% of cast votes in favor of the proposal that seeks to bring Solana’s transaction finality in line with Google search speeds....
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Peter Schiff Asks If Bitcoin Is ‘Digital Gold’ Why Is It Trading 13% Below Record Highs Despite ‘All The Hype’ And Trump Administration Support
On Sunday, Peter Schiff, a well-known critic of Bitcoin (CRYPTO: BTC), highlighted the disparity between gold’s record high prices and Bitcoin’s current valuation. Why Is Bitcoin Even ‘Digital Gold’ Schiff questioned why Bitcoin, often dubbed “digital gold,” remains over 13% below its peak from November 2021. He also pointed out...
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