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FTT Bucks Market Turmoil As FTX Estate Revealed To Be Behind GBTC Sales

[Jan 23, 2024 2:45 AM] FTT was up 11% in the past 24 hours as the broader market tracked by CoinDesk 20 slumped 4%.

Bitcoin Unphased by China's Stimulus Plan

[Jan 23, 2024 12:21 AM] Hong Kong's Hang Seng Index and the CSI 300 both responded to Beijing's plan to reboot China's domestic stock market, but bitcoin remains in the red.

Bitcoin Slides Below $40K, Now Down Nearly 20% From Post-ETF Euphoria

[Jan 22, 2024 1:17 PM] Analysts at 10x Research are eyeing the $38,000 level for a potential bottom.

Bitcoin Bulls Buoyed by Report of FTX's $1B GBTC Sale

[Jan 22, 2024 1:09 PM] Flows of fresh investor money into the newly approved spot bitcoin ETFs may be far higher than previously thought.

China's Currency Woes to Weigh on Bitcoin: Crypto Observer

[Jan 22, 2024 9:18 AM] Measures taken by the People's Bank of China to cushion yuan against the stock market slide could weigh over bitcoin's price.

First Mover Americas: Solana, Cardano Lead Losses as Market Starts Week in the Red

[Jan 22, 2024 7:00 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Solana, Cardano Lead Crypto Market Lower as Traders Grapple With Bitcoin Headwinds

[Jan 22, 2024 3:23 AM] CoinDesk 20, a liquid index of the highest traded tokens, slumped 2.86% in the past 24 hours.

Trading Volume on Proshares Bitcoin ETF Tanks 75% As Focus Shifts To Spot ETFs

[Jan 22, 2024 2:24 AM] Observers said BITO will remain an integral part of the market as a hedging instrument for authorized participants associated with the recently launched spot ETFs.

Dogecoin, Floki Bullish Bets Rise on X Payments Speculation

[Jan 22, 2024 12:41 AM] The dog-themed tokens have a tendency to move on any payments-related development at X (formerly Twitter).

He Exposed Harvard President's Plagiarism, Then Lost Money Betting on the Story

[Jan 20, 2024 11:00 AM] Are prediction markets the future of investigative journalism? Maybe, says Chris Brunet, whose reporting led to Claudine Gay's resignation – though he's yet to profit from his scoops.

Bullish Bitcoin Bets Rise as Implied Volatility Slides

[Jan 19, 2024 7:07 AM] Some traders bought bitcoin calls at strikes $45,000 and $46,000 during Thursday's U.S. trading hours, according to over-the-counter institutional cryptocurrency trading network Paradigm.

First Mover Americas: Bitcoin Slips Over 15% Since ETF Approval

[Jan 19, 2024 7:00 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

No More Than 50% Chance of Spot Ether ETF Approval By May, JPMorgan Says

[Jan 19, 2024 4:37 AM] Lawsuits against crypto exchanges offering staking services for proof-of-stake blockchains, including Ethereum, make approval of a spot ether ETF more challenging until these cases are resolved, the investment bank said.

ARK Continues to Shuffle Out of BITO, Buys $15M of its Own ETF

[Jan 19, 2024 2:02 AM] Cathie Wood’s investment fund continues to double down on its recently listed spot bitcoin ETF.

Bitcoin Exposed to Possible $1.5B in Future GBTC Sales, JPMorgan Says

[Jan 19, 2024 1:49 AM] An additional $1.5 billion could exit GBTC, putting more pressure on the bitcoin price in the coming weeks, the report said.

Ether Could Soar in 2024 on the Back of Dencun Upgrade, ETF Narrative: Analysts

[Jan 19, 2024 1:19 AM] The ether- bitcoin ratio has surged 10% in the first 19 days of the year, taking back part of last year's 25% slide.

Crypto Bulls Lose $217M as Apparent Grayscale Sales Weighs on Bitcoin

[Jan 19, 2024 12:57 AM] Analysts also pointed out that GBTC shares flipped to a 0.9% discount on Thursday amid “likely selling pressure.”

Ark Invest Diversifies Crypto Holdings, Buys $15.9 Million of Its Own Spot Bitcoin ETF

[Jan 18, 2024 5:00 PM] Ark Invest has transitioned $15.9 million from the Proshares Bitcoin Strategy ETF to its in-house Ark 21shares Spot Bitcoin ETF. Cathie Wood’s Ark Invest Redirects Millions to In-house Bitcoin ETF Ark Invest, led by fund manager Cathie Wood…

Bitcoin Instantly Topped Silver in ETF Market and Trails Only Gold Among Commodities

[Jan 18, 2024 3:34 PM] Silver has existed since dying stars started spewing the metal out billions of years ago. Bitcoin is 15 – but it’s already a bigger deal in the U.S. ETF market. Bitcoin ETFs had more assets than silver ETFs the instant the U.S. Securities and…

Bitcoin Plunges Below $41K as 'Sell the Bitcoin ETF News' Wins the Day

[Jan 18, 2024 3:09 PM] Despite sizable net inflows into the new spot ETFs, bitcoin is lower by more than 12% since the products began trading one week ago.

Bitcoin Surpasses Silver To Become Second Largest ETF Commodity In The US

[Jan 18, 2024 1:57 PM] Bitcoin exchange-traded funds (ETFs) have surpassed silver ETFs in the United States, securing their position as the second-largest ETF commodity, in terms of assets under management (AUM). The surge in popularity of Bitcoin ETFs signals a…

Tether Reportedly Bought 8.9K Bitcoin for $380M, Remaining 11th-Largest BTC Holder

[Jan 18, 2024 9:46 AM] The stablecoin issuer announced in May 2023 that it would start buying bitcoin in an effort to diversify the backing of its USDT stablecoin.

First Mover Americas: dYdX Beats Uniswap, Bitcoin Outlook Dour

[Jan 18, 2024 7:01 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

BlackRock's Bitcoin ETF Hits $1B AUM in One Week

[Jan 18, 2024 6:51 AM] IBIT’s holdings consist of 99% bitcoin, and nearly $60,000 in fiat, data shows.

TrueUSD Wobbles Towards $1 Peg Amid Reported Redemption Issues

[Jan 18, 2024 4:54 AM] TUSD went as low as 96 cents as Binance data shows traders apparently sold over $300 million worth in the past 24 hours.

Crypto Market Sentiment Remains Optimistic Despite Bitcoin Weakness, CoinDesk 20 Perpetual Futures Show

[Jan 18, 2024 2:50 AM] The CD20/USDC perpetual futures traded at a premium to the index price early Thursday, indicating a bullish broader market sentiment.

Woo Raises $9M to Boost Liquidity of WOO X Exchange

[Jan 18, 2024 2:47 AM] Participants in the raise include Wintermute and Amber, in addition to other notable liquidity providers.

Dogwifhat Zooms to Nearly 50 Cents as Solana Meme Coins Make a Comeback

[Jan 18, 2024 2:15 AM] A bump in network activity and usage could contribute to an upside for Solana’s SOL tokens.

Bitcoin Downside Risks Remain Despite Early Success of Spot ETFs, Observers Say

[Jan 18, 2024 12:49 AM] Several on-chain metrics and indicators still suggest the price correction may not be over or at least that a new rally is still not on the cards, one firm said.

Frax Finance's Layer 2 Fraxtal to Debut in February: Founder

[Jan 17, 2024 11:53 PM] Kazemian expects Fraxtal to debut with a bang, attracting at least several hundred million dollars worth of crypto assets in the first month.