Market analysis, price movements, and trading insights
Bitcoin’s volatility spiked, and its price plummeted to fresh lows as worrying US economic conditions emerged. Will credit stress data signal the next accumulation phase for BTC?
The Nasdaq-listed insurance brokerage said an unnamed investor would contribute BTC as part of a deal that also includes an AI- and crypto-focused strategic partnership.
CIRO’s new digital asset custody framework takes effect immediately, raising standards for crypto trading platforms as regulators push to reduce investor risk.
Patrick Witt, the president's digital assets adviser, told CoinDesk that anti-corruption provisions targeting Trump would not be acceptable.
Adam Back confirmed that convicted sex offender Jeffrey Epstein invested in Blockstream as newly released emails point to a planned island visit.
The US House of Representatives approved a bill on Tuesday that will fund most of the government through the end of September.
The U.S. Department of the Treasury is scrutinizing crypto platforms, not just wallets, for enabling Iran’s sanctions evasion, according to TRM Labs’ Ari Redbord.
Bitcoin fell under $73,000 as futures liquidations soared and worries over this week’s US corporate earnings triggered a stock sell-off. Will traders finally step in to buy “discounted” BTC?
A Glassnode analyst noted that 44% of the bitcoin supply is "now underwater," given that the token has dropped about 30% in the past month.
The sell-off was driven by risk-off positioning and heavy derivatives speculation, with futures volume surging even as spot trading declined.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The price of Bitcoin nearly touched $73,000 on Tuesday for the first time since November 2024 as investors flee risk assets.
