Search
Bitcoin ETFs Record Another Day of Losses; Ethereum ETFs Stay Neutral
10.10.2024
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with the 12 funds seeing outflows totaling $30.59 million. In contrast, their spot ethereum ETF counterparts had an uneventful day, with all nine funds neither gaining nor losing value. Wednesday’s Spot...
Why is Bitcoin price down today?
10.10.2024
Bitcoin traders are reducing their risk exposure ahead of the upcoming US inflation report, among other factors contributing to the cautious sentiment
Ripple Launches Crypto Custody Solution for Banks, Fintech Firms
10.10.2024
Ripple, a leading U.S. blockchain startup, has launched a new crypto custody service aimed to serve banks and…
South Korea to Review Upbit’s Monopoly in Virtual Asset Market
10.10.2024
South Korea’s regulators are considering reviewing Korea’s largest crypto exchange, Upbit’s Monopoly in the virtual asset market. On…
Bitcoin Falls to $60.5K as Coinbase Premium Gap Points to Sell Pressure
10.10.2024
Bitcoin had a rough Wednesday, starting the day above $62,000 but quickly slipping to a daily low of $60,541. The market turbulence didn’t stop there, as over $40 million in bitcoin long positions were wiped out. Across the broader crypto space, both long and short positions saw liquidations...
FBI Creates Crypto Token to Expose Fraud — Seizes $25M in Cryptocurrency, Charges 18
10.10.2024
Eighteen individuals and entities have been charged with fraud and market manipulation in the cryptocurrency industry. The charges involve deceptive practices such as wash trading and pump-and-dump schemes that inflated token prices, resulting in the seizure of $25 million in cryptocurrency....
UBS Maintains Optimism in Markets Amid Middle East Uncertainty
10.10.2024
Global investment bank UBS remains optimistic about market prospects despite escalating geopolitical tensions in the Middle East. While fighting between Israel and Hezbollah and missile attacks from Iran have caused concern, oil prices are stable, gold remains near record highs, and U.S. recession...
SEC, FBI, DOJ coordinate takedown of 4 fraudulent crypto firms
9.10.2024
A complex set of overlapping companies, individuals and alleged crimes have been tackled by US federal authorities
SEC, FBI, DOJ coordinate takedown of fraudulent crypto firms
9.10.2024
A complex set of overlapping companies, individuals and alleged crimes were tackled by US federal authorities
Bitcoin Dips Below $61K, Ether Slips 3% as Some PlusToken China Ponzi-Related Coins Moved to Exchanges
9.10.2024
One observer noted 7,000 PlusToken-related ETH transferred to crypto exchanges on Wednesday, raising concerns about potential selling pressure
SEC Slaps Fraud Charges on 3 Crypto Firms for Market Manipulation
9.10.2024
The U.S. Securities and Exchange Commission (SEC) has filed fraud charges against three companies and nine individuals for…
Prosecutors Charge Four Crypto ‘Market Makers,’ Employees With Market Manipulation, Fraud
9.10.2024
Gobit and ZM Quant were secretly offering market manipulation services to projects that wanted to artificially inflate their trading volume, prosecutors allege
Bitcoin’s drop below $62K shows BTC price remains on ‘delicate ground’
9.10.2024
The battle between Bitcoin buyers and sellers continues as BTC price falls closer to a key support level
US Spot Bitcoin and Ethereum ETFs Face Net Losses Amid Volatile Market
9.10.2024
Based on the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) ended the day with net losses, while spot ethereum ETFs also experienced a decline. $18.66M Flows Out of Bitcoin ETFs as Ethereum Funds Also Falter On Tuesday, the 12 spot bitcoin ETFs saw $18.66 million flow out, with...
State Street Works on Tokenized Bond and Money Market Fund; No 'Current Plans' for Stablecoin Project
9.10.2024
Tokenized collateral could have helped avoid or lessen the 2022 "liability-driven" crisis, Donna Milrod, chief product officer said in the interview with Financial News
Peter Brandt’s Bullish Bitcoin Forecast: $135K by 2025, but $48K Is the Line in the Sand
9.10.2024
On Wednesday, seasoned trader Peter Brandt shared his long-term perspective on bitcoin, predicting it could reach $135,000 by August or September 2025. This forecast comes with a key caveat: for the projection to hold, bitcoin must stay above a crucial support level of $48,000. Should it drop below...
First Mover Americas: Crypto Market Muted After HBO Satoshi Reveal Falls Flat
9.10.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Only 12.7% of crypto wallets report profits on Polymarket
9.10.2024
Only 12.7% of Polymarket users have made a profit in prediction markets, with the majority earning less than $100, according to onchain data
Bitcoin Trapped Between 50 and 200-Day Averages as Bond Market Volatility Spikes, China Stocks Slide
9.10.2024
The MOVE index, which measures expected volatility in U.S. Treasury notes, spiked to the highest since January, hinting at tighter financial conditions ahead
XRP Army Launches Petition Against SEC Appeal in Ripple Case
9.10.2024
The XRP Army is ramping up efforts to push back against the U.S. Securities and Exchange Commission (SEC)’s appeal in the Ripple lawsuit, calling it unnecessary and damaging to the cryptocurrency market. XRP supporters claim that the SEC’s actions create instability in the crypto...