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First Mover Americas: Bitcoin Regains $64K as ETF Flow Trends Flip Positive
26.9.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Ethena Announces UStb Stablecoin Backed by Blackrock's BUIDL
26.9.2024
Reserves for UStb will be invested in BUIDL, which in turn holds U.S. dollars, U.S. Treasury bills, and repurchase agreements
Celo Challenges Tron's Leadership in Active Stablecoin Addresses
26.9.2024
The CELO token has rallied nearly 20% in the past 24 hours
Curve Finance Mulls Removing TrueUSD as Collateral for Stablecoin Curve USD
26.9.2024
“crvUSD is overexposed to minor stablecoins, especially TUSD which has a dubious track record and has recently been charged by the SEC with defrauding investors,” the proposer wrote
Crypto Inspired by 'Moo Deng' Zooms to $100M as Hippo Meme Takes Over Internet
26.9.2024
Holder count has zoomed to 12,400 unique wallets with over $48.5 million in volume traded over the last 24 hours, a fan page for the token said Wednesday
Key Indicators Challenge Fed's 'Normalization' Rate Cut That Torched Bitcoin Rally
26.9.2024
The post-Fed risk-on rally supports the normalization narrative, but some indicators disagree, suggesting caution to bulls
Experts Say P2E Games ‘Normalize’ Crypto in Emerging Markets
26.9.2024
Play-to-earn blockchain games are driving crypto adoption in emerging markets, particularly in Southeast Asia, Latin America, and Africa. Experts attribute this growth to their accessibility, economic opportunities, and community-building benefits. One expert believes play-to-earn games can serve...
Bitcoin ETF Demand Grows Among U.S. Investors as China Considers Massive $142B Capital Injection
26.9.2024
Data from SoSoValue shows that the total daily net inflow cracked $100 million for the second day in a row for the BTC ETFs amid global monetary easing. PLUS: Worldcoin is up double digits as World ID expands to more countries
Ethereum bulls and bears fight to win this week’s $2.8B ETH options expiry
26.9.2024
Ethereum price showed strength in September, but data suggests holding above $2,600 will be a challenge
3 reasons why Bitcoin (BTC) struggles to hold $64.5K
26.9.2024
Bitcoin lost momentum as weak macroeconomic data, fear of a stock market correction, and worries over the upcoming US elections impacted investor sentiment
Price analysis 9/25: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
26.9.2024
Bitcoin continues to face selling near $65,000, but the intensity seems to be reducing, paving the way for an upside breakout
Lawmaker Introduces Defi Bill — Calls Decentralized Finance ‘Essential to Future of Markets’
26.9.2024
Congressman Warren Davidson has introduced the Evaluating Defi Opportunities Act to foster data-driven regulations for decentralized finance (defi). He stressed the importance of safeguarding innovation and user privacy while addressing concerns over potential overregulation. This proposed study...
Saudi Arabia Leads MENA in Crypto Growth for Second Year Running
26.9.2024
Saudi Arabia has emerged as the fastest-growing crypto economy in the Middle East and North Africa (MENA) region for the second consecutive year. Unlike other MENA countries, Saudi Arabia’s and Qatar’s crypto activity primarily stems from decentralized finance platforms. The majority...
Cryptocurrency and Stocks Show High Correlation Levels as Macroeconomics Start Driving Markets
25.9.2024
A Bloomberg analysis found that cryptocurrency and stock markets have shown a high correlation after the latest set of Federal Reserve interest rate cuts. According to analysts, this related movement would be the result of the macroeconomic variables taking control of the markets and should...
QCP Capital Analyzes Bullish Macro Trends Impacting Bitcoin and Risk Assets
25.9.2024
According to QCP Capital’s latest analysis, macroeconomic conditions are becoming increasingly favorable for risk assets, including cryptocurrencies. Central bank policies, particularly from China and the U.S. are playing a crucial role in shaping market sentiment. QCP Capital: Central Bank...
The Fed Pivot is Finally Here
25.9.2024
Last week, the Fed cut its federal funds target rate by 50 bps to 5.00% p.a. (upper limit) which could have strong implications for the crypto community, says Andre Dragosh, head of research Europe, CoinShares
Retail Accumulation and Exchange Outflows Drive Market Optimism for Bitcoin
25.9.2024
Smaller bitcoin investors and reduced liquidity signal potential for continued price growth
U.S. M2 Money Supply Approaches New Highs as Financial Assets Reach Record Levels
25.9.2024
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First Mover Americas: Bitcoin Retreats Following Ascent to $64K
25.9.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin's South Korea Discount Hits Highest Since October 2023
25.9.2024
The bitcoin price discount on Korean exchanges relative to offshore venues is the steepest since October 2023, according to CryptoQuant