The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Fed Likely to Be Most Dovish Central Bank in 2024, Research Shows
The Fed is priced to be the most dovish among advanced nation central banks in 2024, with traders anticipating at least 100 basis points of interest-rate cuts.
ARK Invest Sold $5M Worth of Grayscale Bitcoin Trust Shares Last Week
The sales took place as the discount for Grayscale’s bitcoin investment vehicle narrowed to its lowest in over two years, a sign of escalating optimism that a spot bitcoin ETF will finally be approved in the U.S.
Cosmos Founder Calls For Chain Split, ATOM Down 3%
Cosmos’ founder Jae Kwon urged his followers to split the chain into two following a decision by the community to approve a reduction in ATOM’s inflation to 10% from 14%.
Bitcoin struggles to flip $38K to support, while UNI, IMX, VET and ALGO aim to push higher
Bitcoin is facing resistance at $38,000, but UNI, IMX, VET and ALGO may extend their up-move in the short term.
Price analysis 11/24: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAX
Bitcoin has risen above $38,000, clearing the path for a rally higher. Will altcoins follow?
Grayscale’s GBTC Discount to NAV At Narrowest Since July 2021 on ETF Optimism
Bitcoin Eyes $40K After Breaching $38K for First Time Since May 2022
Bitcoin [BTC] has risen above $38,000 for the first time since May 2022 after battling this level for the past two weeks.
First Mover Americas: Bitcoin Touches $38K on Quiet Holiday Weekend
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 24, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Cross Chain Swap Token FLIP More Than Doubles on First Day of Trading
FLIP, the native token of cross-chain swap platform ChainFlip, surged more than 150% to as high as $5.94 on its first day of trading.
Grayscale Bitcoin Trust Could See $2.7B of Outflows if ETF Conversion Is Approved: JPMorgan
The bitcoin price could come under pressure as some of the money is likely to completely exit the ecosystem, the report said.
Bitcoin’s 3-Week Consolidation Under $38K Has Bullish Undertone
The pullbacks have become less deep over the past three weeks, suggesting the building up of bullish sentiment, one observer said.
Ethereum (ETH) price reclaims $2K as data shows a surge in network activity
Despite regulatory action against Binance, a surge in Ethereum network activity and the expectation of a spot ETF approval fueled a price move above $2,000.
First Mover Americas: Uniswap’s UNI Rallies and Bitcoin Holds $37K
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Binance’s Bitcoin Reserves Drop as Retail Flow Moves to Coinbase: CryptoQuant
The move appears to be in anticipation of the approval of spot bitcoin ETFs.
Bitcoin Supply Inactive For a Year Hits Record High of 70%
It appears bitcoin holders are not planning on offloading inventory at these price levels or any time soon, one observer said.
Bitcoin derivatives traders target $40K BTC price now that Binance is resolved
BTC futures and options held firm despite a wave of negative news, and data shows traders targeting $40,000.
Bitcoin and Crypto Markets Shake Off Binance News, Turn Higher for Week
The world’s largest crypto exchange agreed to settle U.S. criminal charges and its founder and CEO pled guilty and agreed to step down from the company.
Price analysis 11/22: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAX
The sharp rebound in Bitcoin and select altcoins suggests that bulls remain in charge and continue to buy at lower levels.
Why On-Chain Transaction Is the Key Blockchain Indicator
The metric helps investors and users to understand whether a blockchain is going to merely survive, or thrive, says Todd Groth, head of research at CoinDesk Indices.