Bitcoin continues ranging as crowded longs meet soft inflation, the quietest tape since 2019: analysts

The Block2h agoUpdated 2h ago
Bitcoin continues ranging as crowded longs meet soft inflation, the quietest tape since 2019: analysts
Smart Read

Bitcoin flattened under $64,000 as flat July PPI and in-line CPI both failed to spark a rally, with Glassnode flagging absent buyers.

Coins in this story

BTC
₹63,822.00
0.00%

Discussion

Related stories

Bitcoin Magazine

Nakamoto Posts First Positive Adjusted Operating Income, Despite $133M GAAP Net Loss

Bitcoin Magazine Nakamoto Posts First Positive Adjusted Operating Income, Despite $133M GAAP Net Loss The company's first quarterly results are a turning point in the Bitcoin-native company. This post Nakamoto Posts First Positive Adjusted Operating Income, Despite $133M GAAP Net Loss first appeared on Bitcoin…

CryptoSlate

Metaplanet burned through 83% of a $500 million credit line to build 43,000 BTC, and now it wants investors to fund the next leg

Metaplanet moved over 5,000 Bitcoin (worth about $322 million) this week, triggering market speculation that the firm might be liquidating a portion of its corporate reserves. On Aug. 12, CEO Simon Gerovich shut down the rumor and explained that the transfer was a routine custody operation, with no Bitcoin sold and…

CoinDesk

B2C2 taps Schroders veteran to chase Asia’s growing crypto wealth

The institutional crypto liquidity provider is bringing on the former Schroders Wealth Management Asia chairman as it targets family offices and asset managers across the region.

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.