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Price analysis 5/10: BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA, AVAX, SHIB

[May 10, 2024 12:05 PM] Bitcoin’s failure to rise above the 20-day EMA increases the risk of a downward breakdown for BTC and many altcoins.

DOGE and NEAR Lead CoinDesk 20 Gainers: CoinDesk Indices Market Update

[May 10, 2024 10:32 AM] The Near Protocol's Near token has more than doubled in price in 2024.

Jack Dorsey Says Bitcoin Price Will Go Beyond $1 Million in 2030

[May 10, 2024 10:26 AM] Dorsey, who led the social media platform from 2015 to 2021, developed a strong interest in crypto during that time and is now fully focused on the sector.

Wells Fargo, America's Third Largest Bank, Owns Spot Bitcoin ETFs: SEC Filing

[May 10, 2024 10:05 AM] In a recent filing with the Securities and Exchange Commission (SEC), Wells Fargo, one of the largest banks in the United States, disclosed its exposure to spot Bitcoin Exchange-Traded Funds (ETFs). JUST IN: Wells Fargo bank reveals it has spotâ

Bitcoin's Modest Rally Cut Short, Price Tumbles Back Below $61K

[May 10, 2024 9:20 AM] Stagflationary U.S. economic data and hawkish remarks from a Fed speaker appeared to sour the bullish mood.

Fatal Flaws in Modern Monetary Theory

[May 10, 2024 8:06 AM] The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now…

TON, RNDR Surge More Than 13% as Bitcoin Rebounds to $63K

[May 10, 2024 6:11 AM] RNDR cheers Apple's brief mention of Render-powered 3D design software Octane.

First Mover Americas: Bitcoin Holds Near $63K, Consolidating Week's Recovery

[May 10, 2024 6:04 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Dogecoin Appears Headed for a 'Golden Cross'

[May 10, 2024 2:31 AM] A DOGE price pattern that presaged the early 2021 surge looks set to recur.

$1.35B in Bitcoin options expire this week — Do BTC bulls or bears have the upper hand?

[May 9, 2024 1:58 PM] This week’s Bitcoin options expiry sits at $1.35 billion, but what is the expected impact on BTC price?

Robinhood Wells Notice Shouldn’t Deter Eventual Approval of an Ether Spot ETF: JPMorgan

[May 9, 2024 9:48 AM] The potential legal action against Robin Hood should be viewed as a continued attempt by the SEC to reinforce its position that all crypto tokens outside bitcoin and ether should be classified as securities, the report said.

TRUMP and BODEN Coins Soar Following Trump’s Crypto Endorsement and Critique of Biden

[May 9, 2024 8:02 AM] Following the recent crypto endorsement by former U.S. President Donald Trump, and his criticism of current President Joe Biden, the value of the two meme coins linked to these political figures — TRUMP and BODEN — have significantly increased over…

First Mover Americas: Crypto Market Slides as Rebound Seen Delayed

[May 9, 2024 6:15 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Robinhood Delivers Big Earnings Beat Driven by Booming Crypto Trading: Analysts

[May 9, 2024 4:15 AM] The positive momentum seen in the first quarter has continued, with the platform taking in a record $5 billion in deposits in April, the analysts said.

Meme Coin Demand Is Stronger Than Ever, Crypto Analyst Says

[May 9, 2024 4:04 AM]

VanEck's MarketVector Starts Index to Track the Largest Meme Coins

[May 9, 2024 1:31 AM] The index contains a variety of dog-themed coins and other popular meme tokens.

Crypto Monthly Trading Volume Drops for First Time in Seven Months to $6.58T

[May 9, 2024 1:01 AM] Bitcoin, the leading cryptocurrency by market value, fell by nearly 15% in April, ending a seven-month winning streak.

'Boden' Memecoin Surges After Trump Quips About It

[May 8, 2024 8:05 PM] tk

Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom

[May 8, 2024 3:16 PM] Investors should brace for waves of fear, uncertainty and doubt – or FUD – over the next few months, a K33 Research analyst said.

Price analysis 5/8: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

[May 8, 2024 1:00 PM] Bitcoin’s dull range-bound action is likely to continue for a few more days as the bulls and the bears battle for control of BTC price.

Your Wealth Is Melting: Why Bitcoin Is The Deep Freeze Your Portfolio Desperately Needs

[May 8, 2024 11:59 AM] Originally published on Unchained.com.Unchained is the official US Collaborative Custody partner of Bitcoin Magazine and an integral sponsor of related content published through Bitcoin Magazine. For more information on services offered, custody…

El Salvador's Bitcoin Beach Launches Campaign To Advance Circular BTC Economies Worldwide

[May 8, 2024 10:40 AM] Bitcoin Beach, in collaboration with Geyser and the Federation of Bitcoin Circular Economies (FBCE), has announced the Bitcoin Beach Grants round, aimed at advancing Bitcoin circular economies globally. This initiative aims to support emerging…

What Technical Analysis Tells Us About the Bitcoin Market

[May 8, 2024 10:00 AM] The recent downturn in BTC may have some way to travel, according to Katie Stockton, Managing Partner of Fairlead Strategies.

Stablecoin Surge: Tether's Headroom for Growth

[May 8, 2024 10:00 AM] The stablecoin already enjoys a dominant position in stablecoins and its integration with the TON (Telegram) network could boost it further, says Sylvia To, head of partnerships and token research at Bullish.

Crypto Principal Trader Arbelos Markets Raises $28M Led by Dragonfly Capital

[May 8, 2024 6:25 AM] Before starting Arbelos Markets last year, Tang served as chief investment officer at quantitative digital asset investment firm LedgerPrime while Lim was head of trading strategy at Galaxy and head of derivatives at now-defunct crypto lender…

First Mover Americas: Bitcoin Hovers Above $62K

[May 8, 2024 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Key Bitcoin Indicator Points to Period of Calm in Crypto Market

[May 8, 2024 5:08 AM] BTC's volatility risk premium (VRP) has collapsed in a sign of a market trending towards stability, where future uncertainties are less of a concern.

Lyra Finance Now Lets Liquid Restaking Token Holders Earn Extra Yields From Automated Trade Strategies

[May 8, 2024 1:59 AM] LRT holders can tokenize any yield-bearing strategy to generate an annualized percentage yield of 10% to 50%.

Investment Firm Discloses Over $1.8 Billion in Bitcoin ETF Holdings in SEC Filing

[May 7, 2024 1:54 PM] Susquehanna International Group, LLP (SIG), a global trading, technology, and investment firm, disclosed that it holds over $1.8 billion in Bitcoin exchange-traded funds (ETFs) through a 13F-HR filing submitted to the Securities and Exchange…

Did XRP price just bottom against Bitcoin?

[May 7, 2024 12:06 PM] XRP price has fallen over 14% year-to-date, pressured by Ripple’s ongoing legal battle with the SEC. So, a bounce is in order, analysis suggests.