[Jan 5, 2024 6:00 PM] An analyst has explained that the outlook for Bitcoin should remain bullish as long as the cryptocurrency’s price remains above this level. Bitcoin Has Strong On-Chain Support Above $41,800 In a new post on X, analyst Ali talked about the…
[Jan 5, 2024 3:23 PM] In a significant stride towards the potential approval of Spot Bitcoin Exchange-Traded Funds (ETFs) in the United States, applicants have overcome a pivotal hurdle, marking a crucial milestone in their quest for regulatory approval from the U.S…
[Jan 5, 2024 3:00 PM] Taking to X on January 5, Antonio Juliano, the founder of dYdX, a decentralized exchange (DEX), expressed skepticism regarding the current crypto bull run. Juliano attributed the recent price surge to “light trading volumes.” This…
[Jan 5, 2024 2:30 PM] As the SEC’s decision on bitcoin ETFs looms, market participants prepare for market impact. Analysts reflect on the possibility of a “buy the rumor, sell the news” situation. A Bitcoin ETF Approval Could Trigger Major Market…
[Jan 5, 2024 2:00 PM] The Bitcoin price saw a spike in volatility due to the decision around the spot Exchange Traded Fund (ETF). Market participants await an announcement at any point during the upcoming days, which will likely result in further spikes in volatility…
[Jan 5, 2024 1:04 PM] Depletion of the Fed's reverse repo program and expiry of a crucial funding facility for troubled banks may trigger a market crash in March and force the Fed to cut interest rates, Maelstrom CIO Arthur Hayes said.
[Jan 5, 2024 11:00 AM] On a high note, the crypto market starts in 2024, with BTC’s price rising steadily from $41,000 to around $46,000 as the Bitcoin ETF decision looms. The upcoming decisions by the U.S. Securities and Exchange Commission (SEC) on the BTC spot…
[Jan 5, 2024 10:34 AM] The recent surge in Bitcoin's on-chain fees has reignited a familiar discussion within our community, bringing to the surface diverse perspectives on the implications and root causes of this trend. A faction within the community views these…
[Jan 5, 2024 7:57 AM] This week marked the 15th year since the genesis block was mined on Bitcoin and for 10 of those years industry stalwarts pleaded with the SEC to approve a spot bitcoin ETF. So far, the SEC has rejected every spot ETF application, but that may be…
[Jan 5, 2024 7:43 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Jan 5, 2024 7:00 AM] The world’s largest asset manager, BlackRock, is set to make a significant Bitcoin purchase on January 5. This comes as Bloomberg analyst James Seyffart hinted that the Securities and Exchange Commission (SEC) has no choice but to approve the…
[Jan 5, 2024 3:35 AM] Arthur Hayes, the founder of BitMEX, in his latest essay, presents a foreboding prediction for the Bitcoin market in March, anticipating a severe correction of 30-40%. His detailed analysis, rooted in a deep understanding of market dynamics…
[Jan 4, 2024 9:00 PM] In a recent investigation by The Guardian, alarming details have emerged regarding a crypto project, HyperVerse, that allegedly lost $1.3 billion of investors’ funds. The report reveals that the chief executive officer promoted by the…
[Jan 4, 2024 8:57 PM] Bitcoin price recovered further above $43,500 but struggled near $44,500. BTC is correcting gains and might test the $42,150 support zone. Bitcoin recovered above the $43,500 resistance and remained in a positive zone. The price is trading below…
[Jan 4, 2024 7:30 PM] There is an upswing in social media mention of ARB, the native token of Arbitrum, a layer-2 scaling solution for Ethereum, suggesting growing interest and potential for price gains. According to AlphaScan data on January 4, ARB had the “best…
[Jan 4, 2024 6:00 PM] As anticipation builds around the potential approval or rejection of spot Bitcoin (BTC) exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) on January 5, the Bitcoin price has witnessed a notable 2.7% recovery in the…
[Jan 4, 2024 4:38 PM] Reports swirled that the SEC was giving final comments to issuers and may approve multiple spot-based bitcoin ETF applications very soon.
[Jan 4, 2024 2:30 PM] CoinShares, a leading crypto asset investment firm, reported a substantial $2.2 billion inflows into digital asset investment products in 2023. This figure represents a notable 2.7-fold increase from the inflows seen in 2022, marking it as the…
[Jan 4, 2024 1:00 PM] Following numerous proclamations of bitcoin’s demise in 2021 and 2022, totaling 47 and 27 on the Bitcoin Obituaries list respectively, a mere eight declarations were noted in 2023. The final one emerged at the year’s end, attributed…
[Jan 4, 2024 9:00 AM] Many commentators compare Bitcoin with gold, the idea being that its finite supply makes it an attractive long-term store of value. There have been historical examples of broad adoption of gold currencies, such as the British Empire’s sovereign and…
[Jan 4, 2024 7:24 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Jan 4, 2024 6:38 AM] 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.
[Jan 4, 2024 5:30 AM] In the ever-fluctuating world of cryptocurrencies, crypto analyst CryptoWzrd has expressed an optimistic prediction for XRP, while highlighting a potential bullish hammer for the crypto asset. A Bullish Hammer For XRP Could Take Place The…
[Jan 4, 2024 4:28 AM] 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.
[Jan 4, 2024 4:00 AM] In a strong turnaround from yesterday’s flash crash, the Bitcoin (BTC) price has staged a recovery, breaching the $43,000 mark. This surge comes after yesterday’s intense volatility, where the cryptocurrency giant witnessed an over 11% flash…
[Jan 4, 2024 2:52 AM] The popular Polymarket market bet “Bitcoin ETF approved by Jan 15?” has attracted almost $1 million in volume from hundreds of users.
[Jan 3, 2024 9:01 PM] Bitcoin price started a major drop below $44,000 after rumors of spot ETF rejection. BTC dived over 10%, but the bulls are still protecting the $40,000 support. Bitcoin declined heavily and even spiked below the $40,000 level. The price is trading…
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