COIN, MSTR, HOOD and mining stocks were all showing upward movement in pre-market trading after BTC rose to its highest level in 18 months.
Exploring The Two ‘Overlooked’ Bullish Tailwinds for Bitcoin
As the spot ETF narrative hogs the limelight, the U.S. Treasury’s recent decision to slow the pace of bond sales and worsening economic and geopolitical issues silently strengthen the bullish case in bitcoin.
AI infrastructure startup Ritual raises $25M to fill gaps in crypto
Ritual’s AI models can help address new use cases in crypto, such as automatically managing risk parameters for lending protocols based on real-time market conditions.
Bitcoin Call Skew Hints at Further Price Rise as Spot ETF Optimism Energizes BTC
The one-month call-put skew has risen above 10%, indicating a strongest bullish bias in 31 months.
Bitcoin ‘Short Squeeze’ Bumps Prices to Nearly $37K as Spot ETF Hopes Strengthen
Over $62 million in bitcoin shorts were liquidated in the past 24 hours, contributing to higher prices.
ARK Snaps Up $9.5M HOOD Shares Day After Robinhood Announces European Expansion
The fund continues to sell GBTC as shares have rallied 235% this year, outperforming bitcoin and traditional risk assets.
Bitcoin Tops $36K as ‘ETFs Not Yet Priced in’
Bitwise’s CIO sees future upside to bitcoin’s price as the world’s largest digital asset has 30% this month.
Chainlink (LINK) pumps 26% in 6 days — Is there room for more?
LINK token continues to strengthen as professional traders and enterprise solution clients enter Chainlink’s ecosystem.
Bitcoin Breakout Toward $45K ‘Imminent’ Says Matrixport
Polygon’s MATIC and Chainlink’s LINK led altcoin gains Wednesday afternoon.
Price analysis 11/8: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, MATIC
Bitcoin traders want to convert the $36,000 level to support, but will failure to do this kick off a market-wide correction?
Bitcoin Fees Soar Nearly 1000% Since August as Ordinals Are Back in Vogue
Higher fees are also boosting bottom lines for the industry’s beleaguered miners, 21Shares noted.
DeFi’s Next Frontier: The Untapped Potential of On-chain Structured Products
Jordan Tonani from The Index Coop shares how the next bull-run will see more liquidity going into on-chain structured products.
Why an Ether Staking Rate Will Increase Crypto Adoption
Andy Baehr, managing director at CoinDesk Indices, explains how understanding and measuring Ethereum’s integrated staking rate is key to driving innovation and acceptance of ETH-based financial products.
First Mover Americas: Binance Unveils Self-Custody Wallet
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
SOL, XRP, DOGE Yields on GMX Jump up to 75% as Arbitrum Incentives Go Live
Such rewards have been made possible as the platform was the biggest recipient of Arbitrum’s arb (ARB) token grant following a community vote in October.
Investment Advisor Two Prime Sees $2B in Demand for Bitcoin-Backed Loans
“We have seen about $2 billion in demand for bitcoin-secured loans since we started offering them in September, ” Two Prime’s Alexander Blume said.
Grayscale Chainlink Trust Zooms to 200% Premium, Indicating Institutional Demand for LINK
The trust is one of the only ways for institutional investors to gain exposure to LINK tokens through a regulated product.
Data highlights Bitcoin’s potential path to $40K amid global economic turbulence
Robust BTC derivatives data indicates strong demand for leverage longs.
Bitcoin Squeezes to $35.5K as ‘Mini Altcoin Season’ Lifts Crypto Market Cap to $1.3 Trillion
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Bitcoin supply held by long-term holders hits all-time high — Research
Bitcoin’s recent rally to a 2023 high is backed by on-chain and sentiment data.