CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Dollar Index Falls Over 10% in First Half; Bitcoin Faces Sell-Off Risks
Technical Analysis Summary
The dollar index (DXY) fell over 10% in the first half of the year, marking its worst performance since Q3 1991....
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Bitcoin Network Hashrate Fell 3% in June, Says JPMorgan
JPMorgan reported a 3% decline in the Bitcoin (BTC) network's monthly average hashrate in June. Key points include:
The hashrate measures the...
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Bitcoin Achieves Record Monthly Close Above $107,000
Bitcoin (BTC) closed June above $107,000, marking a record monthly close with a 2.5% gain. This performance lagged behind the euro's nearly 4% rise...
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The Blockchain Group Secures €11 Million to Expand Bitcoin Holdings
The Blockchain Group (ALTBG) has raised approximately 11 million euros ($13 million) to enhance its position as Europe's first bitcoin treasury...
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BTC's 200-Week Moving Average Approaches $50,000 Indicating Market Strength
The 200-Week Simple Moving Average (200WMA) for bitcoin is nearing $50,000, currently at approximately $49,223. This indicator has historically...
American Bitcoin Corp Raises $220 Million for BTC Acquisition and Mining Upgrade
American Bitcoin Corp, a Miami-based mining company majority owned by Hut 8, has raised $220 million from accredited investors, surpassing its...
Bitcoin Miner IREN Achieves 50 EH/s Hashrate Target, Plans AI Center
Australian bitcoin miner IREN has achieved its midyear hashrate target of 50 exahashes per second (EH/s) in self-mining capacity, up from 31 EH/s at...
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Strategy's Preferred Stocks Surge Amid Anticipation of S&P 500 Inclusion
Key Points on Strategy (MSTR) and Market Movements
MSTR's perpetual preferred shares are gaining traction due to potential inclusion in the...
Bitcoin Realized Profits Reach $2.4 Billion Amid Increased Profit-Taking
Profit-taking on the Bitcoin network increased on Monday, impacting BTC's spot price as the second quarter ended.
Total realized profits on-chain...
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ARK Invest Offloads $43.8 Million in Coinbase Shares Following Price Surge
ARK Invest sold approximately $43.8 million in shares of cryptocurrency exchange Coinbase (COIN) on Monday. This follows the sale of 270,984 COIN...
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Sparkassen to Launch Cryptocurrency Trading Services for Customers by 2026
Sparkassen, a network of savings banks in Germany, will launch cryptocurrency trading services for private clients by summer 2026. Customers can...
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Bitcoin Yield ETP Launches on Vienna Stock Exchange Targeting 6% Return
The Fineqia Bitcoin Yield ETP (YBTC) has launched on the Vienna Stock Exchange, representing a unique product that generates yield from...
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Global Dollar (USDG) Stablecoin Launches in European Union
Global Dollar (USDG), a stablecoin from Paxos, is now available to consumers in the European Union. It is backed by major firms including Robinhood,...
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XRP, TRX, DOGE Show Strong Positive Funding Rates Amid Bitcoin's Weak Quarter
A key indicator, perpetual funding rates, suggests bullish sentiment for major altcoins as bitcoin (BTC) shows flat price action in the weak third...
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Asia Morning Briefing Highlights Potential Undervaluation of Distributed Compute Tokens
Investors are optimistic about GameFi tokens despite low user engagement. In contrast, distributed compute tokens lack similar speculative interest,...
