The Fed’s benchmark interest-rate range is currently 5.25% to 5.5%.
$300M crypto long liquidations — 5 things to know in Bitcoin this week
BTC price action obliterates latecomers betting on continued upside as Bitcoin analysts and miners alike breathe a sigh of relief.
Bitcoin’s 4% Drop Cools Overheated Funding Rates, Data Show
Funding rates for major tokens, including BTC, have normalized to below 0.1%, indicating an exit of over leveraged bulls.
BTC, ETH, SOL and Major Altcoins Begin Asia Business Day in Deep Red
Bitcoin and Ether lead in liquidation heatmap with over $335 million in rekt positions in the last 12 hours.
Bitcoin bulls’ run toward $45K could produce tailwinds for UNI, OP, TIA and STX
Bitcoin bulls could make a strong push to get BTC through the $45,000 resistance this week. Will UNI, OP, TIA and STX follow?
Jito’s Token Launch Pushed Competitor Marinade’s MNDE to All-Time Highs
Marinade’s market cap is dwarfed by Jito, though, despite being a bigger crypto ecosystem.
Cardano Jumps 20% as Analyst Eyes Bitcoin Pullback to $40K to ‘Fill CME Gap’
Market observers “underappreciate” future inflows from institutional investors to bitcoin, asset 21.co CEO said in a CoinDesk TV interview.
Price analysis 12/8: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, AVAX, LINK, MATIC
Bitcoin price staged an intraday rally to the $44,000 level and technical charts show altcoins are keen to follow.
Bitcoin Dips as U.S. November Job Growth of 199K Tops Estimates
Anticipating a slowdown in the economy and easier Fed monetary policy, investors have sharply bid down interest rates in the weeks leading up to this morning’s numbers.
First Mover Americas: Binance Withdraws an Abu Dhabi License Application
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
LayerZero Confirms Airdrop Plans, Boosting Some Ecosystem Projects
As of Friday, LayerZero has not outright mentioned how it intends to reward users for using its network.
Bitcoin, Ether Options’ Value on Deribit Reaches Record High of $23B
Increased interest in the three-dimensional options market suggests an influx of sophisticated traders in the crypto market.
Matrixport’s $45K End of Year Target for Bitcoin Looks to Be Accurate
2023 has been a five-phased bitcoin rally, Matrixport says in a report.
Ether, Solana Hit 19-Month Highs as Bitcoin Rally Halts with Traders Fearing ‘Bull Trap’
BitMex founder Arthur Hayes speculated about SOL hitting near $100 in a bullish weekend for altcoins.
Bitcoin options data shows whales betting big — Will $50K BTC come in January?
Institutional investor interest soars as Bitcoin options open interest hits record high.
Bitcoin price continues to drop, but how are pro BTC traders positioned?
Data shows top traders futures’ Bitcoin long-to-short at the lowest level in 30 days, but what does this mean for BTC’s short-term price action.
Even Small-Time Jito Airdroppers are Getting Thousands of Dollars in JTO Tokens
The governance token was airdropped to users of Jito’s liquid staking token protocol.
Bitcoin’s Next Move Might be Decided by Friday’s Jobs Report
A recent dovish shift in the outlook for monetary policy has played a sizable role in big gains for both crypto and traditional markets.
Galaxy-Backed Gyroscope’s ‘All-Weather’ Decentralized Stablecoin Goes Live on Ethereum Mainnet
Gyroscope’s GYD token aims to protect against the risks of holding stablecoins by offering an alternative to centralized and algorithmic designs.
First Mover Americas: Crypto on the Agenda at Republican Presidential Debate
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.