The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 10, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Could Hit $69K by Mid-2024 as It Enters Acceleration Phase, Analyst Says
BTC prices have doubled this year amid a spot ETF push by prominent traditional finance firms.
Michael Saylor’s Massive Bitcoin Bet Crosses $1B in Unrealized Profit
Saylor’s business software company, MicroStrategy, held more than 158,000 bitcoins as of Friday.
CME Topples Binance as Top Bitcoin Futures Exchange as Crypto ETF Excitement Soars
CME’s rise to the top rank highlights the growing institutional demand for bitcoin, as the venue is almost exclusively used by large traditional financial institutions, one analyst noted.
Ethereum price hits 6-month high amid BlackRock spot ETF buzz, but where’s the retail demand?
ETH price finally polevaulted the $2,000 resistance, but will retail demand and network use support the current bullish momentum?
Ether Surges to 7-Month High, Outshines Bitcoin on BlackRock ETF Plans; Altcoins Plunge
Bitcoin hit an 18-month high near $38,000 before pulling back sharply.
Is it altseason? Altcoin 30-day performance and total market cap flash bullish
3 key data points highlight the 60-day strength shown by altcoins.
Wild Bitcoin, Ether Price Swings Spur $400M of Crypto Liquidations, the Most Since August
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Coinbase, Ether Liquid Staking Tokens Lido, RocketPool Surge on BlackRock ETH ETF News
Asset management giant BlackRock registered a Delaware company for a spot ether trust, fueling speculations about a potential ETF filing.
ETH Soars Above $2K as BlackRock iShares Ethereum Trust Registered as Corporate Entity in Delaware
BlackRock declined to comment on the filing.
First Mover Americas: Bitcoin Climbs to Almost $37K
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 9, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
FTT Token Jumps 90% as Gensler Seemingly Paves Way for FTX Reboot
FTT, the native token of defunct cryptocurrency exchange FTX, has surged by 90% following comments from SEC chairman Gary Gensler in relation to a potential reboot of the exchange that collapsed one year ago.
Solana Tokens Sees Risky Bets Increase After End of Sam Bankman-Fried Trial
Bonk took center stage in the Solana ecosystem in January as sentiment around the blockchain network took a hit in the aftermath of the Sam Bankman-Fried and FTX exchange debacle.
U.S. Crypto Stocks Ride BTC Momentum in Pre-Market Trading
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.