Crypto Market Little Changed as U.S. Votes

Bitcoin is little changed, having recovered from a dip below $68,000. Aside from today’s U.S. presidential election, which has traders seeking clues for the next market move, BTC has also been threatened by activity by Mt. Gox. The defunct crypto exchange transferred over 32,000 BTC ($2.2 billion) to unmarked wallet addresses, often a sign…

Whales Are Diving Into Ethereum – Could A 60% Price Spike Follow?

Este artículo también está disponible en español. Analysts predicted that Ethereum price could exponentially increase as whales become more interested in the crypto asset, with whale activity hitting a six-week high. Despite the projected growth, an Ethereum insider suggested that the cryptocurrency should address several key issues to ensure that it can continue to…

Bitcoin Falls Back Below $68K, Still Outperforms Broader Market

Bitcoin traded between $67,500-$67,900 during the European morning following a retreat from above $68,000. BTC remains over 1.2% higher in the last 24 hours, outperforming other major tokens, which have posted more modest gains. ETH and SOL have risen around 0.75%, while DOGE is up nearly 1%. The broader digital asset market, as measured…

BTC Rebounds to $67K After Subdued U.S. Economic Data Reading

The number of so-called whales or network entities owning at least 1,000 BTC jumped to 1,678 early this week, reaching the highest since January 2021, according to data tracked by Glassnode and Bitwise. The growing accumulation by large holders alongside solid uptake for alternative vehicles, especially the U.S.-listed spot ETFs, suggests increasing confidence in…

Bitcoin Price (BTC) Climbs to $68K With SOL Continuing to Outperform and ETH Showing Relative Weakness

Bitcoin at press time was changing hands at $68,100, ahead 2.9% over the past 24 hours. Ether (ETH) continued to underperform bitcoin and the broader market, gaining just 1.1% and touching a new 3.5 year low relative to the price of BTC. Solana (SOL) continued to outperform, rising 3.0% and marking a new record…

Bitcoin’s $4.2B October Options Expiry May Increase Short-Term Volatility

Crypto options market has grown multi-fold in the past four years, with contracts worth billions of dollars expiring every month and quarter. That said, its still relatively small compared to the spot market. According to Glassnode, as of Friday’s data, the spot volume was approximately $8.2 billion, while options volume was roughly $1.8 billion.…

First Mover Americas: BTC Revisits $67K on Leverage Flush, APE Options Fly

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source link

Solana Token Issuer Pump.Fun Rakes in Big Bucks With 1M SOL in Lifetime Fees

The platform has processed over $1.4 billion in trading volumes in the past 14 days, buoyed by an ongoing artificial intelligence-themed memecoin frenzy. Source link

Bitcoin Slides to $66K, Ether Dives 5% in Market-Wide Selloff

Cryptocurrencies weren’t spared as stocks, bonds, gold and oil all declined on Wednesday. Source link

BTC’s Fall Below $67K Prompts Broad Market Dip

Bitcoin slid below $67,000, prompting a broad decline across the major cryptocurrencies. BTC dropped under $66,500 during the late European morning, around 1.3% lower in the last 24 hours. The broader digital asset market, as measured by the CoinDesk 20 Index, has fallen just over 1.5%. Bitcoin ETFs snapped a seven-day winning streak on…