Bitcoin and most altcoins gave back the entirety of their gains shortly after the SEC decided to delay issuing a decision on all of the recently filed spot Bitcoin ETF applications.
Bitcoin continues to outperform Warren Buffett’s portfolio, and the gap is set to widen
Spot and levered Bitcoin positions have outperformed Berkshire Hathaway stock performance since early 2019. It is time for Warren Buffett to buy Bitcoin?
Traders Are Paying 2,000% to Buy CYBER as Social Network’s Tokens Soar
The price of the tokens has more than doubled on some exchanges in the past week in an otherwise little-changed market.
First Mover Americas: SEC Delays Spot Bitcoin ETF Decision for All Applicants
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
U.S. August Job Adds of 187K Vs Estimates for 170K; Unemployment Rate Rises to 3.8%
With spot bitcoin ETF aspirations sidelined after the SEC yesterday pushed off decisions on a raft of new applications, crypto bulls are hoping an employment slowdown and lower interest rates could provide a positive catalyst.
Stablecoins Can Provide an Escape From High-Inflation Currencies: Brevan Howard Digital
Usage has shown a low correlation with crypto exchange volumes, which suggests that significant stablecoin transaction volumes are likely being used for non-speculative purposes, the report said.
Lira-Backed TRYB Token Becomes World’s Second-Largest Non-Dollar-Pegged Stablecoin
The market cap of BiLira’s TRYB token has increased more than 300% to $136.10 million, the second-highest among non-U.S. dollar-pegged stablecoins.
Bitcoin Slides Under $26K, Majors SOL, XRP, DOGE Erase All Weekly Gains
Only tron (TRX) and toncoin (TON) were in the green on Friday, up over 1% each on no immediate catalysts.
Bitcoin traders wipe Grayscale gains after SEC delays spot ETF decisions
The price of BTC rose sharply and fell almost as fast over the past three days amid two recent events impacting pending applications for spot Bitcoin ETFs.
MakerDAO’s MKR Token Jumps 10%, Defying Crypto Market Slump
The rally occurred amid improving fundamentals of Maker, as the protocol has returned to make profits, Messari analyst Kunal Goel said.
CME Bitcoin trading volume surpasses Bybit, but is it impacting BTC price?
BTC trading volume at CME recently eclipsed Bybit but what does this mean for Bitcoin price?
Ether Heads for ‘Death Cross’
First Mover Americas: Musk’s X Obtains Payment Licenses in Several U.S. States
The latest price moves in bitcoin (BTC) and crypto markets in context for August 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Holdings on Crypto Exchanges Dwindle to 2M, Fewest Since January 2018
The number of BTC held in wallets tied to crypto exchanges has declined by 4% this month, data tracked by CryptoQuant show.
Bitcoin Starts to Retrace Grayscale-Fueled Gain; SOL, XRP, DOT Lead Majors Slide
The CoinDesk Market Index, a weighted index of over 100 tokens, fell 0.71% in the past 24 hours, suggesting profit-taking across the board.
No, Bitcoin withdrawals from exchanges are not inherently bullish for crypto
Traders say the record-low number of BTC held on exchanges is a bull signal, but data suggests otherwise.
Bitcoin Slips to $27.2K, Cryptos Dip as Investors Digest Grayscale’s Court Win
Some signs suggest potential market weakness despite Tuesday’s rally, market observers noted.
Price analysis 8/30: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Bitcoin and altcoins are struggling to hold the gains accrued earlier this week, a potential sign that the price breakout was just a response to Grayscale’s victory over the SEC.
Bitcoin Average Trade Size Jumps to Highest Level Since June After Grayscale Ruling
The increase in average trade size could suggest large traders are more active, said research firm Kaiko.
First Mover Americas: Bitcoin Rallies on Grayscale Court Win Over SEC
The latest price moves in bitcoin (BTC) and crypto markets in context for August 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.