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Bitcoin ETFs See $226M Outflows Led by Fidelity’s FBTC

[Jun 14 2:14 AM] BlackRock’s IBIT was the only ETF posting a net inflow on Thursday, while most of the funds recorded outflows.

'Bitcoin is Exponential Gold', Says Fidelity’s Director of Global Macro

[Jun 13 1:09 PM] Jurrien Timmer, Fidelity’s Director of Global Macro, recently made a notable statement about Bitcoin, describing it as "exponential gold" and an emerging player on the "store of value" team. Timmer's comments were shared through a series of posts…

Assured Spot Ether ETF Approval Fails to Stir Slumping Crypto Market

[Jun 13 10:07 AM] SEC Chair Gary Gensler said he expected the new vehicles to have won full approval by the end of the summer.

Can Bitcoin Be A Productive Asset?

[Jun 13 9:30 AM] Bitcoin is undergoing a fascinating evolution, with various perspectives on its nature. Some view it as a currency for everyday transactions, others as a modern equivalent of gold for storing value, and yet others as a decentralized global platform…

Early Buyers of Andrew Tate’s DADDY Meme Coin Apparently Sitting on $45M in Unrealized Value

[Jun 13 8:45 AM] There is no evidence to show Tate sold tokens from his doxxed wallets, but some supposed “insider” buying activity before the token’s promotion on X shows too much of the token in too little hands.

First Mover Americas: Bitcoin Holds $67K, CRV Slides

[Jun 13 6:02 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Paxos Cuts 20% of Staff: Reports

[Jun 13 4:01 AM] Bloomberg report says the company will have an increased focus on tokenization.

DeFi Giant Curve Roiled as Founder's Loans Get Liquidated; CRV Slides 30%

[Jun 13 2:57 AM] Addresses tied to Curve founder Michael Egorov are borrowing nearly $100 million in various stablecoins against $140 million in curve tokens.

Stick With Bitcoin, 10x Research Says After Fed Predicts Just One Rate Cut For 2024

[Jun 13 1:33 AM] ETF inflows resumed Wednesday as U.S. inflation came in lower-than-expected.

BTC reclaims $69K, derivatives signal additional upside

[Jun 12 12:53 PM] Bitcoin futures and options markets indicate that the prevailing sentiment remains bullish.

Bitcoin whale accumulation reaches pre-2020 bull run levels — Is BTC set to break $70K?

[Jun 12 10:25 AM] Bitcoin’s short-term holder realized price rose to $63,729, suggesting a definitive breakout above the $70,000 level next.

Price analysis 6/12: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX

[Jun 12 9:57 AM] Favorable CPI data have helped Bitcoin reclaim the crucial $69,000 level, signaling that a move to $72,000 is possible.

U.S. CPI Was Flat in May, Beating Expectations; Bitcoin Rises to $69.2K

[Jun 12 6:42 AM] Stubbornly high inflation readings in the past months curbed rate cut expectations weighing on asset prices.

First Mover Americas: Bitcoin Stabilizes Amid Further ETF Outflows

[Jun 12 6:00 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 12. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Crypto and Artificial Intelligence Could be a $20 Trillion Megatrend, Bitwise Says

[Jun 12 5:55 AM] The two industries could add a collective $20 trillion to global GDP by 2030, the report said.

U.S. CPI and Fed Meeting: Things to Watch Out as BTC Nurses Losses

[Jun 12 3:50 AM] BTC has come under pressure in the lead up to the key events that could influence Fed rate cut expectations.

Bitcoin ETFs See $200M Net Outflows in Fed, CPI Jitters

[Jun 12 1:56 AM] The eleven ETFs recorded $200 million in net outflows on Tuesday, the highest since May 1 figures of $580 million.

Can SOL reclaim $170? Two indicators scream 'buy'

[Jun 11 1:12 PM] SOL derivatives and the Solana network have remained stable, indicating that traders and users are not ready to give up.

Bitcoin Pullback to $66K Triggers $250M in Crypto Liquidations as Traders Brace for 'Wild Wednesday' of FOMC, CPI Report

[Jun 11 11:11 AM] Tomorrow's Fed "dot plot" of interest rate projection and forward guidance by Chairman Powell will be key for what's next for the digital asset market, K33 Research said.

Will Trump Trounce Biden? Polymarket Traders Are Betting on It.

[Jun 11 10:49 AM] With a 56% chance of winning, according to the prediction market's traders, the former president has a 22-point lead over the incumbent, far bigger than what the polls indicate.

First Mover Americas: Bitcoin Falls Below $67K as ETFs' Inflows Streak Ends

[Jun 11 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Fed Should Cut Interest Rate as Restrictive Stance Adds to Inflation, Democrats Say

[Jun 11 3:37 AM] Elevated interest rates aimed at taming inflation have become a part of the problem, three Democrat senators said.

Bitcoin ETFs See $65M Net Outflows on Monday, Breaking 19-Day Record Streak

[Jun 11 3:34 AM] Grayscale’s GBTC saw $40 million in outflows, the most among its counterparts, while Bitwise’s BITB led inflows at $7.6 million.

Meme Sector Sees Sharp Sell-off as GameStop Losses Extend to 60%

[Jun 11 1:06 AM] A Solana meme parody of the actual company was down 25% in the past 24 hours, with steep losses across other meme tokens that tended to move in tandem with GameStop.

Bitcoin Slips Below $68K as ETFs Bleed $64M, Asian Stocks Decline

[Jun 10 11:33 PM] The U.S.-listed spot BTC ETFs registered a cumulative outflow of over $64 million on Monday.

AI-Linked Crypto Tokens Underperform as Apple's Event Fails to Impress Traders

[Jun 10 2:20 PM] Tokens of Render, Fetch.ai, SingularityNET and Bittensor slumped 3%-5% despite mostly flat bitcoin and broader crypto prices.

Is $4,000 Ethereum a distant dream? Futures premium plunge to 3-week low

[Jun 10 11:40 AM] Lack of enthusiasm toward cryptocurrencies comes from regulatory uncertainty, but there’s also some concern on the macroeconomic side

Price analysis 6/10: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

[Jun 10 10:47 AM] Bitcoin and several altcoins are likely to be influenced by the upcoming macroeconomic events this week.

Over Half Of Top US Hedge Funds Own Bitcoin ETFs

[Jun 10 7:33 AM] In hindsight, all it took for real institutional adoption of Bitcoin to take place was the introduction of a risk-minimized, easy-to-use product in the form of an exchange-traded fund (ETF). In January, the SEC approved nine new ETFs that provide…

Crypto Mainstream Adoption Has Increased in Recent Months, Canaccord Says

[Jun 10 6:37 AM] The broker raised its Galaxy Digital price target to C$23 from C$17, while maintaining its buy rating.