First Mover Americas: Bitcoin Slides After Wednesday's Tech Rout
The latest price moves in crypto markets in context for July 25, 2024.
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Jul 25, 2024 at 12:01 p.m. UTC
Jul 25, 2024
Bitcoin
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Bitcoin is the pioneer of blockchains and cryptocurrencies, introduced in a white paper released in 2008 by an apparently pseudonymous person or group of people known as Satoshi Nakamoto. The document described a peer-to-peer method of transferring money without the use of financial institutions. The cryptocurrency known as bitcoin or BTC debuted in 2009. Transactions are recorded on a public ledger (a blockchain) by entities known as miners who engage in process called proof-of-work. Miners are rewarded for doing that by getting newly minted bitcoin. Some proponents view BTC as an alternative to fiat currencies and a hedge against inflation. Bitcoin has inspired the creation of numerous other cryptocurrencies and blockchain projects.
DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person
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Bitcoin, Stocks Bleed as China Rate Cuts Signals Panic, Treasury Yield Curve Steepens
China's back-to-back interest-rate cuts signal urgency to shore up growth after the recent Communist party plenum offered little support to the nation's flagging economy.
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Jul 25, 2024 at 11:06 a.m. UTC
Jul 25, 2024
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Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B
Renewed expansion in stablecoins is bullish for the broader crypto market.
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Jul 25, 2024 at 8:31 a.m. UTC
Jul 25, 2024
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Bitcoin Plunges to $64K as U.S. Tech Rout Hits Crypto, Leads to $250M Long Bets Being Liquidated
BTC nosedived from over $65,500 to $64,100 within minutes in the early hours of Thursday as Asian markets suffered.
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Jul 25, 2024 at 6:42 a.m. UTC
Jul 25, 2024
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Bitcoin Holds Up as Tech Stocks Plunge, Ether Sinks a Day After ETF Launch
Solana's SOL and Ripple's XRP were notable outperformers.
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Jul 24, 2024 at 9:30 p.m. UTC
Jul 24, 2024
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Protocol Village: Hemi Labs Announces 'Hemi' as Modular L2 Focused on Interoperability Between Bitcoin, Ethereum
The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 18-24.
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Jul 24, 2024 at 3:19 p.m. UTC
Jul 24, 2024
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First Mover Americas: Bitcoin Regains $66,000, but Mt. Gox Selling Pressure Persists
The latest price moves in crypto markets in context for July 24, 2024.
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Jul 24, 2024 at 11:58 a.m. UTC
Jul 24, 2024
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Bitcoin ETFs Break Inflow Streak as Traders Look to Trump’s Nashville Appearance for Volatility
Bitwise’s BITB led with $70 million in net outflows, followed by Ark’s ARKB at $52 million and Grayscale’s GBTC at $27 million.
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Jul 24, 2024 at 9:22 a.m. UTC
Jul 24, 2024
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Mt. Gox Moves $3B Bitcoin to New Wallet, $130M to Bitstamp Exchange
The defunct crypto exchange has moved billions of dollars worth of bitcoin over two days.
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Jul 24, 2024 at 8:21 a.m. UTC
Jul 24, 2024
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Bitcoin Bulls Beware as 'Doctor Copper' Slides Against Gold
"Doctor copper" is losing ground against safe haven gold, signaling economic weakness and risk aversion on the horizon.
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Jul 24, 2024 at 7:13 a.m. UTC
Jul 24, 2024