Bitcoin could rally 10%-15% more in case the SEC approves spot bitcoin ETFs, LMAX strategist Joel Kruger noted.
Mysterious $1.2M Bitcoin Transaction to Satoshi Nakamoto Sparks Speculations
The wallet receiving the hefty payout is the address that mined the Bitcoin network’s first-ever block reward some 15 years ago, commencing the start of the blockchain.
First Mover Americas: It’s ETF Deadline Week
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin ETF Approval Odds Raised to Over 90% at Bloomberg, Drop on Polymarket
Two influential analysts have tipped odds at over 90% ahead of the Securities and Exchange Commission decision.
Solana Meme Coins See 80% Price Drop After December Frenzy
The Solana ecosystem boomed in December as bonk tokens started a multiweek run of over 1,000%, grabbing listings on influential exchanges Binance and Coinbase.
Bitcoin, Asian Stocks Drop as Traders Pare March Fed Rate Cut Bets
Friday’s payrolls will likely compel the Fed to maintain flexibility in its policy decisions going forward, one observer said.
Arthur Hayes Foresees 30% Bitcoin Crash Amid ‘Vicious Washout.’ Here’s Why
Depletion of the Fed’s reverse repo program and expiry of a crucial funding facility for troubled banks may trigger a market crash in March and force the Fed to cut interest rates, Maelstrom CIO Arthur Hayes said.
ARK Invest Sells Another $4.2M of Coinbase Shares
COIN constitutes a 10.34% weighting of ARK’s Innovation ETF, a stake worth over $872.5 million.
If a Bitcoin ETF Is Approved, Here’s What May Happen
This week marked the 15th year since the genesis block was mined on Bitcoin and for 10 of those years industry stalwarts pleaded with the SEC to approve a spot bitcoin ETF. So far, the SEC has rejected every spot ETF application, but that may be about to change.
First Mover Americas: Crypto ETPs Gained $2.2 Billion of Investment in 2023
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
U.S. 216K Jobs Adds in December Tops Estimates for 170K
The closely watched report
Bitcoin Traders Pare Bullish Bias as Spot ETF Deadline Nears
Celsius to Unstake Thousands of Ether, Possibly Easing ETH Selling Pressure
The defunct crypto lender sent over 30,000 ETH to custodian Fireblocks in the past week, some of which was deposited at crypto exchange Coinbase, data shows.
Celestia’s TIA Token Pops 22% as Staking, ‘Modular’ Narrative Gains Favor
Staking TIA on native platforms is yielding between 15% to 17%, minus fees, to users, boosting demand for the cryptocurrency.
Bitcoin Rebounds Above $44K as Spot BTC ETF Approval Looks Increasingly Likely
Reports swirled that the SEC was giving final comments to issuers and may approve multiple spot-based bitcoin ETF applications very soon.
Will Bitcoin price surpass $46K before a spot BTC ETF approval?
Professional Bitcoin traders were unaffected by the recent 9.6% price correction, and derivatives data reflects a healthy market.
Crypto Investment Products Saw $2.2B of Inflows in 2023: CoinShares
A mundane year of flows turned nicely higher in the final quarter of last year as excitement rose surrounding spot bitcoin ETFs.
First Mover Americas: Explaining Bitcoin’s Sudden Drop
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bullish Bitcoin Market Sentiment at Display as ‘Buy the Dip’ Mentions Soar
Buying the dip is one of the most famous narratives in the crypto community, indicating an intention to purchase the token when the price drops.
Bitcoin Could Rally to $50K as Gensler Faces Pressure to Approve ETF, Traders Say
Major tokens solana (SOL), ether (ETH) and Cardano’s ADA started to stabilize early Thursday after dropping more than 10% in the past 24 hours.