Large sell orders worth $55.49 million drove bitcoin’s price down to $8,900 on BitMEX. The overnight crash was short-lived.
BTC Maintains $65K as GBTC Outflows Hit Highest Level Ever
Outflows of GBTC tend to add pricing pressure to bitcoin because of increased selling
Tether’s USDT Gets Delisted on Crypto Exchange OKX for EU Users
The action may foreshadow regulatory restrictions in the region for the largest stablecoin by market capitalization and trading volume, as upcoming E.U. rules will require stablecoin issuer to be licensed electronic money institutions.
Fidelity’s Bitcoin Fund Becomes Fifth Most Popular of All ETFs in 2024
Fidelity’s Wise Origin Bitcoin Fund (FBTC) is the fifth most popular exchange-traded fund (ETF) on the market right now, attracting more than $6.9 billion since its introduction on Jan. 12, according to data from Bloomberg Intelligence.
Bitcoin Correction May Continue if ETF Inflows Disappoint in Next Few Days: 10x Research
Bitcoin ETF inflows on Monday and Tuesday will be the “real test” for what’s next for the largest crypto asset’s price, Markus Thielen wrote.
Solana Meme Slerf Notches $1.7B in Volume After Developer Loses All Presale Funds
Some called the move a marketing trick, as news of the burn went viral on X.
Nearly $100M Wagered on U.S. Presidential Election on Polymarket
Blockchain bettors see a clear path to victory for Trump, and are bullish on ether hitting an all-time high in 2024 – but SOL might get there first, thanks to “memecoin March.”
Influential Trader GCR Buys Original Dogwifhat Meme for $4M; WIF Rises
WIF pieces have surged in the past hour as X users found out the trader user now holds the original image.
Lure of Quick Money Sees $100M Flow to Solana Meme Coin ‘Presales’
Some onchain watchers estimate that over $100 million worth of tokens were sent to various meme coin presales over the weekend.
Binance CEO Richard Teng Sees Bitcoin Crossing $80K by Year End
Binance’s fairly new boss Richard Teng has said Bitcoin (BTC) will exceed his previous expectations of hitting the $80,000 mark by the end of this year, according to Bloomberg.
Standard Chartered Raises Year-End BTC Forecast to $150K, Sees 2025 High of $250K
The bank also predicted that approval of an ether ETF could be expected on May 23, leading to as much as $45 billion of inflows in the first 12 months and ETH climbing to $8,000 by the end of 2024.
Reddit Community Token MOON Hits Record High Ahead of Celer’s Multidirectional Bridge Launch
From March 20, interoperability protocol Celer will allow MOON holders to move coins to Arbitrum One.
SOL, BOME Trend on Social Media as Ether, Bitcoin Lag
Increased crowd chatter may be a sign of an impending retail investor frenzy.
Indonesia’s Crypto Market Booms as Transactions Hit $1.92B in February
The country’s registered crypto investors also surged to 19 million users last month.
Bitcoin Back Above $67K as Memecoins Push up SOL and AVAX
Memecoins soared past $55 billion in market cap, up 11% as traders doubled down on SHIB, WIF, BONK, and newcomer CORGIAI
Billion-Dollar Volumes and Then a Steep Drop Prompts Allegations of Wash Trading on Aevo
In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop.
Michael Saylor’s MicroStrategy Prices Upsized $525M Debt Offering to Buy More Bitcoin
The firm announced its plans to raise $500 million in a debt offering on Wednesday only days after purchasing 12,000 BTC with the proceeds of a previous $700 million offering.
Michael Saylor’s MicroStrategy Prices Upsized $525M Debt Offering to Buy More Bitcoin
The firm announced its plans to raise $500 million in a debt offering on Wednesday only days after purchasing 12,000 BTC with the proceeds of a previous $700 million offering.
First Mover Americas: El Salvador Holds More BTC Than Expected
The latest price moves in bitcoin (BTC) and crypto markets in context for March 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
First Mover Americas: El Salvador Holds More BTC Than Expected
The latest price moves in bitcoin (BTC) and crypto markets in context for March 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.