Speculation has been ramping up that regulatory approval for a U.S.-based spot bitcoin ETF is coming this week.
Crypto Stocks, Bitcoin Miners Sell-Off as Profit-Taking Caps Explosive Year-End
Bitcoin slipped below $42,000 on Friday, stalling below its yearly high.
First Mover Americas: Bitcoin Set to Ring in the New Year Up Nearly 160%
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Privacy Tokens DASH, ZCH, XMR Take Hit as OKX Says It Will Suspend Trading
More than 20 trading pairs will be delisted next week as they no longer meet the crypto exchange’s listing criteria.
Avalanche Foundation to Purchase Meme Coins as Part of Culture Drive
“These coins, often inspired by internet culture and humor, go beyond mere utility assets,” the foundation said.
Bitcoin Worth $1B Leaves Exchanges in Largest Single-Day Outflow in 12 Months
Net outflows from exchanges are often taken to represent investors’ intention to hold coins for long-term.
Solana’s SOL Dips Below $100, Slips Back Behind BNB in Crypto Ranking
Traders were moving capital from SOL to stablecoins suggesting profit taking, one analyst said in an interview.
Bitcoin ETF Approval Tipped to Be ‘Sell The News’ Event: CryptoQuant
Bitcoin [BTC] is expected to experience a period of downside following a potential ETF approval over the coming weeks as trader’s unrealized profits linger at a level that historically precedes a correction, according to data provider CryptoQuant.
First Mover Americas: MicroStrategy Buys More BTC and ARK Invest Buys BITO
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
A Record $11B Crypto Options Expiry Looms as BTC Shows Little Volatility
The expiry is Deribit’s largest so far and a record of almost $5 billion of options will expire in the money.
Indonesian Crypto Exchanges Must Register With New Bourse or Face Shutdown
The government wants to use the crypto bourse to make the ecosystem safer and gather transaction data for tax purposes.
PancakeSwap Proposes to Reduce CAKE Token Supply by 300 Million
More than 99.95% of the community, representing 70,000 votes from CAKE holders, favored the proposal shortly after it went live.
Crypto Wallet Linked to Donald Trump Sent $2.4M in Ether to Coinbase
A wallet flagged as owned by Trump sent ETH to Coinbase in the past three weeks, where it was presumably sold.
Stock of Bitcoin’s Biggest Public Holder is Overvalued by 26%, Analyst Who Predicted BTC Rally Says
Early investors in MSTR can consider taking profit as shares appear overvalued and could fall by 20%, according to 10x Research.
Crypto Had Reputational Issues This Year. 2024 Will Change That
Possible approval of bitcoin ETFs in 2024 is likely to change perceptions of digital assets following a year when the industry faced a backlash, Beth and Clay Haddock argue.
What to Expect From Bitcoin in 2024
Expectations that U.S. regulators will approve spot bitcoin ETFs next year are driving prices higher. History suggests we might see a slowdown as we approach the halving in April 2024, says Path Crypto’s David Liang.
MicroStrategy Buys $615M Worth Additional BTC, Pushing Holdings to $5.9B
Microstrategy’s CEO Michael Saylor tweeted on Wednesday that the company had acquired an additional 14,620 bitcoin.
First Mover Americas: Barry Silbert Resigns as Grayscale Chairman
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
BONK Falls 13% as Solana Ecosystem Sees Profit Taking After Memecoin Frenzy
Solana ecosystem tokens have surged several multiples in the past month. Traders could now be taking profits to rotate funds into newer plays.
Long Crypto Traders See $190M in Losses as Bitcoin Retreats After Apparent Mt.Gox Repayments
Some $45 million stemmed from altcoin futures in an unusual move – with bitcoin accounting for a relatively lesser $36 million in liquidations.