Bullish Bitcoin Market Sentiment at Display as 'Buy the Dip' Mentions Soar
Buying the dip is one of the most famous narratives in the crypto community, indicating an intention to purchase the token when the price drops.
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Citi Alumni-Founded Startup to Offer Bitcoin Securities That Don't Need Green Light From SEC
RDC's aim is to address the institutional desire to bitcoin investment that may not be satisfied by a spot ETF.
Will 2024 Be the Year of the Bitcoin ETF?
Excitement over a spot bitcoin ETF – a regulated financial product that would give institutional and retail investors easier exposure to bitcoin's price without requiring them to invest directly in the asset – continues to grow.
Nigeria’s Central Bank Fleshes Out New Rule Allowing Crypto Firms’ Access to Bank Accounts
Nigerian banks are still restricted from holding or trading crypto on their own behalf, despite regulators’ softening stance toward digital assets.
Bitcoin ETFs Could Spark Huge BTC Trading. The Market Appears Up to the Task
Market makers, like trading firm DRW, have been preparing for months to be able to provide the necessary liquidity to ensure sufficient liquidity should the SEC approve bitcoin exchange-traded funds in the U.S.
Bitcoin Could Rally to $50K as Gensler Faces Pressure to Approve ETF, Traders Say
Major tokens solana (SOL), ether (ETH) and Cardano’s ADA started to stabilize early Thursday after dropping more than 10% in the past 24 hours.
Cathie Wood's ARK Invest Offloads $25M of Coinbase Shares
Coinbase's Nasdaq-listed stock fell 2.96% Wednesday to $152.24 as the crypto market's rally halted.
Expected Fed Rate Cuts Support Bull Case in Bitcoin, But There Is a Catch
Renewed rate cuts by the Fed have historically presaged recessions and triggered rotation of money out of risk assets.
'Deniers Are Crypto's Flat Earthers' as Markets Flash 83% Odds of Bitcoin ETF Approval
The popular Polymarket market bet “Bitcoin ETF approved by Jan 15?” has attracted almost $1 million in volume from hundreds of users.
What Caused Bitcoin's 10% Crash: Matrixport? Jim Cramer? Leverage?
Bitcoin cratered almost 10% below $41,000 early Wednesday around the time Matrixport's report about warning of a spot BTC ETF decline, but it was more likely due to a leverage flush as the market overheated, a K33 analyst said in an interview.
The Protocol: Is Solana's Rebound The Real Thing?
Solana has been one of the biggest gainers of the latest crypto cycle, with a handful of airdrops and meme tokens accelerating big boosts in the price of SOL. Also, Ethereum co-founder Vitalik Buterin has released an updated roadmap for the…
Goldman Sachs Eyeing Bitcoin ETF Role Via BlackRock and Grayscale: Sources
Goldman Sachs is in talks to play the key role of being an "authorized participant" for BlackRock and Grayscale's bitcoin ETFs, if the SEC approves them, according to people familiar with the situation.
Bitcoin ETF Looks Very Likely Given These Bureaucratic SEC Steps
We see a 98% chance of approval in the next couple of weeks and the high likelihood of a Bitcoin rally to follow.
Stablecoins Can Help Fix the Current Lending Market
The Global Financial Crisis reduced the depth of capital markets. Blockchain-based stablecoins can help fill the gap, say Christine Cai and Sefton Kincaid, of Cicada Partners.
USDC Stablecoin Momentarily Depegs to $0.74 on Binance
Circle's USDC stablecoin spiked down to as low as $0.74 on three occasions today following a marketwide sell-off spurred by a report casting doubt over whether a spot bitcoin ETF will be approved this month.
ENS Token Jumps 50% as Vitalik Buterin Hails It as 'Super Important'
ENS, the governance token of the Ethereum Name Service project, surged after Ethereum cofounder Buterin posted on X that the service is "super important."
First Mover Americas: Bitcoin's Strong Start to January May Falter
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Spot ETF Proposals to Be Rejected by SEC: Matrixport
"SEC Chair Gensler is not embracing crypto in the U.S., and it might even be a very long shot to expect that he would vote to approve bitcoin spot ETFs," Matrixport said.
Bitcoin Slumps as $400M Liquidated in Two Hours
Bitcoin slid 8% from a 20-month high on Wednesday as jitters around the anticipated approval of a spot BTC ETF began to enter the market.
BRC-20 Marketplace, Creator Take Opposing Positions on Proposed Network Upgrade
BRC-20 marketplace UniSat said it would follow a proposed fork in the network's token standard, which was met with opposition from Domo, the pseudonymous creator of BRC-20.
Arbitrum Token Sets Record High as Value Locked Crosses $2.5B
Transaction volumes on the network overtook those for Solana-based applications, which boomed after a meme coin-led frenzy in December.
EU Banking Watchdog to Deepen Probe of Links Between Banks, Crypto Entities: FT
The European Banking Authority (EBA) will take additional steps to anticipate how strains in non-bank financial institutions (NBFIs), including cryptocurrency-related entities, will affect banks.
Michael Saylor Commences Plan to Sell $216M Worth of MicroStrategy Stock Options
Saylor said in an earlier earnings call that he will use the proceedings to meet personal obligations and buy additional bitcoin to his personal account.
Coinbase Buckles 10% as Crypto Stocks Falter Despite Bitcoin Topping $45K
The decline happened as bitcoin spiked above $45,000 during the day as traders anticipate an imminent spot BTC ETF decision in the U.S.
Jim Cramer Capitulates on Bitcoin: 'Technological Marvel … It's Here to Stay'
The Mad Money Host three months ago was highly bearish on the world's largest cryptocurrency.
Jupiter Targets JUP Airdrop for End of January
The Solana-based trading aggregator will test the longevity of the Solana frenzy.
Crypto Market Outlook 2024: ETFs Offer Tailwinds for Other Digital Assets
With the expected launch of a spot bitcoin ETFs in Q1 of 2024, crypto is coming of age, says CoinDesk Indices head of research, Todd Groth.
First Mover Americas: Bitcoin Tops $45K for First Time in 21 Months
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Orbit Chain Loses $81M in Cross-Chain Bridge Exploit
Orbit Chain, a platform that interacts and transacts with various blockchains, has lost $81 million after hackers exploited the platform's cross-chain bridge.
Polymarket Traders See 89% Chance of SEC Approving Spot BTC ETF by Jan. 15
Some investors have bought the "No side shares" of the prediction contract to hedge against potential delays in the SEC's approval of spot ETFs.