Paradigm shifts vs bubbles: AI chips and bitcoin show powerful trends can still produce severe corrections
Structural change can create lasting opportunities, but explosive rallies in semiconductors, metals and bitcoin show how quickly strong narratives can become…
U.S. inflation, second-quarter earnings reports: Crypto Week Ahead
Your look at what's coming in the week starting July 13. Source:CoinDesk
Bitcoin slips below $63,000 in an Asian-session leverage flush
The liquidations were minor, running at about a sixth of what the market saw at its worst over the past 30 days, per CoinGlass. Source:CoinDesk
Bitcoin holds near $63,800 as war-driven selloff hits everything but crypto
Gold, oil, stocks and bonds all moved sharply on the fourth round of U.S. strikes on Iran, but bitcoin is littlechanged. Source:CoinDesk
Signs of life?: State of Crypto
Several sources told CoinDesk that a new draft of the Clarity Act may drop this week, but challenges remain. Source:CoinDesk
Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic
The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022's TerraLuna crash, but stablecoins will likely resume their longterm…
Bitcoin is nearing a power law support line Fidelity has tracked since 2015
The group's Dir. of Global Macro Jurien Timmer calls it an accumulation zone but notes the lack of a catalyst to bounce yet. Source:CoinDesk
Ripple once weighed shutting down and handing XRP to shareholders, CEO says
Ripple's Brad Garlinghouse says he and cofounder Chris Larsen considered winding the company down and handing its XRP to shareholders before deciding to fight…
Bitcoin’s BIP 110 fork deadline nears with miner support at zero
The BIP 110 proposal would cap arbitrary data on Bitcoin for a year, but Saylor, Adam Back and others say turning a spam dispute into a consensus fight could…
Crypto IPO market stalls as capital rotates to AI and macro uncertainty weighs
Funding constraints and investor caution, not regulation, are delaying crypto IPOs, according to Cohen & Company Capital Markets' Christian Lopez.…
The UK has finally shown it’s serious about crypto
Several recent regulatory steps indicate the UK might finally stop dragging its feet when it comes to crypto, argues Wirex CEO Chet Shah. Source:CoinDesk
Bitcoin analysts predict $300,000–$500,000 price in 2029. The math says no
Analysts predict a rally to $300,000 or more by 2029. But key data suggests the era of moonshots may be over. Source:CoinDesk