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.
‘Smart Money’ is Record Long on BTC Ahead of Expected Bitcoin ETF
Bullish bets by institutional investors and knowledgeable market participants have reached an all-time high on the CME, data tracked by MacroMicro show.
Bitcoin’s Share in Crypto Futures Trading Slides as Altcoin Profits Allure Traders
Bitcoin’s dominance by futures open interest has declined to 38% from nearly 50% two months ago.
Solana (SOL) Rallies Past $100, Continuing Torrid Month
Memecoin traders and airdrop farmers are bringing more attention to Solana.
First Mover Americas: Optimism’s OP and Solana Rally
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Solana Nears $100 as Meme Coin Frenzy Continues to Drive Rally
Value locked on the blockchain’s applications has more than doubled since November.
First Mover Americas: This Year’s Top Performers and What Comes Next
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
ARK Invest Coinbase Share Sale Takes December Total Close to $200M
Cathie Wood’s investment firm also sold GBTC stock while increasing its holdings of Block.
Solana, Avax, Helium Led Digital Assets Gains This Year. What’s Next?
What to watch for in 2024, according to market analysts.
Bitcoin Climbs Near $44K as U.S. Stocks Nurse Biggest Three-Month Loss
Overall crypto market capitalization crossed the $1.7 trillion mark on Wednesday for the first time since May 2022.
Bitcoin Could Retract to $36K Before Uptrend Resumes, QCP Capital Says
In a recent note, the Singapore-based investment fund said expects topside resistance for bitcoin in the $45k-$48.5K region.
Solana Leapfrogs XRP as Fifth-Largest Crypto, Spurred by Meme Coin Mania
Solana has overtaken XRP as the fifth-largest cryptocurrency, with its market cap hitting a 20-month high of $33.7 billion, according to CoinMarketCap.
First Mover Americas: BlackRock, SEC Discuss ETF Listing Rules
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Could Reach $160K in 2024 on the Back of Halving, Spot ETF Hype: Analysts
Bitcoin has historically rallied after its halving event – which automatically decreases the supply of new coins in the open market – and traders are likely pricing in the event that’s next scheduled for April 2024.
Trader Turns $450 into $2M Betting on Avalanche Meme Coin Coq Inu
A pittance punted on COQ shortly after its issuance has yielded a massive return for one on-chain trader.
BlackRock, Nasdaq, SEC Met Regarding Bitcoin ETF
This is the second meeting in a month between the parties about rule changes required to list the bitcoin ETF.
Bitcoin Spot ETF Biggest Development on Wall Street in Last 30 Years, Says Michael Saylor
A large increase in demand coupled with lower supply should set the stage for higher prices in 2024, he told Bloomberg.
Crypto Market Outlooks for 2024 from a16z, Fidelity, Coinbase, Pantera and More
Also among those gazing into next year are a16z, Bitwise, VanEck and Hashdex.
First Mover Americas: Altcoins Rally as Bitcoin Climbs Back to $43K
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.