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Bitcoin price capitulation below $26K increases as Friday’s BTC options expiry looms
17.5.2023
This week’s BTC options expiry could play a decisive role in Bitcoin price potentially trading below the $26,000 level
Biggest Movers: DOGE, XRP Hit 1-Week Highs, Despite Wednesday’s Crypto Red Wave
17.5.2023
Dogecoin rose to a one-week high on Wednesday, despite cryptocurrency markets mostly moving lower. As of writing, the global crypto market cap is trading nearly 1% lower. Xrp also surged, climbing by over 6% in today’s session. Dogecoin (DOGE) Dogecoin (DOGE) was able to climb to a one-week...
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $27,000 as US Debt Ceiling Fears Grip Markets
17.5.2023
Bitcoin fell below the $27,000 level on May 17, as market uncertainty remained high amidst the debt ceiling crisis in the United States. Congress continues to negotiate terms of a potential increase to the limit, before the U.S. government runs out of cash on June 1. Ethereum also dropped, breaking...
First Mover Americas: Axie Infinity Rallies After Apple App Store Debut
17.5.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for May 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Axie Infinity's Token Jumps 12% After Firm Lists Game on Apple App Store
17.5.2023
The dollar valued locked in the open futures contracts tied to AXS has surged to highest since February, signaling an influx of new money into the market
Axie Infinity Game Launches on Apple App Store In Key Markets
17.5.2023
The card-based strategy game Axie Infinity: Origins will first launch across Latin America and Asia as it continues its global expansion
Distributed ledger tech could save TradFi $100B a year: Lobby group
17.5.2023
A new report from the Global Financial Markets Association says regulators need to take distributed ledger technology more seriously
First Mover Asia: Crypto's Rotating Profits
17.5.2023
DLT-Powered Financial Markets Could Save $100B Per Year, TradFi Study Says
17.5.2023
The Global Financial Markets Association called for regulators to be more open to the tech underpinning cryptocurrency
Bitcoin Slides Below $27K as Investors Eye Debt Ceiling Negotiations
16.5.2023
Treasury Secretary Janet Yellen warned the U.S. could breach its debt limit by June 1, potentially setting off a recession in the event of default
3 reasons why Ethereum price could struggle at the $1.9K level
16.5.2023
ETH price could come under short-term pressure due to a downtrend in deposits, reduced DEX volume market share and futures data showing traders with a bearish bias
Biggest Movers: LTC Hits 2-Week High, as APE Extends Gains
16.5.2023
Litecoin rose for a third consecutive session on Tuesday, despite cryptocurrency markets mostly falling lower. The global market cap is currently down by 1.28%, as overall market uncertainty remains high. Apecoin also rallied, extending recent gains. Litecoin (LTC) Litecoin (LTC) was once again...
Bitcoin's Realized Price on Cusp of Flashing Major Bullish Signal
16.5.2023
Bitcoin's realized price looks set to cross above the average on-chain acquisition price of long-term holders, indicating a prolonged bullish period ahead
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Ahead of US Retail Sales Data
16.5.2023
Bitcoin consolidated below a key price floor on Tuesday, as markets were preparing for upcoming U.S. retail sales figures. Following two months of declines, sales in the United States are expected to rebound, as inflation cools off. Ethereum remains above the $1,800 level. Bitcoin Bitcoin (BTC)...
EU Council approves MiCA for clear crypto regulation
16.5.2023
European Union Council finance ministers vote to adopt the continent’s Markets in Crypto-Assets legislation following unanimous approval of new legal frameworks
Bitcoin-Ether Correlation Weakest Since 2021, Hints at Regime Change in Crypto Market
16.5.2023
As Ethereum has shifted from PoW to PoS, the economics of supply and demand underlying the two cryptocurrencies will continue to diverge, one observers said
First Mover Asia: Bitcoin, Ether Prices Stuck in 'Wind Tunnel'
16.5.2023
There all sorts of indicators traders can use to get a sense of where sentiment is heading in crypto markets. A key metric is funding rates on perpetual futures on bitcoin and ether
Weekly DEX Volume on BNB Chain Hits Highest in a Year
15.5.2023
Lower fees and Binance’s popularity are among the reasons noted by market analysts
Bitcoin Rebounds Above $27K as Investors Weigh Debt Ceiling Debate, Liquidity Concerns
15.5.2023
Investors have been eyeing particularly low liquidity in crypto trading as market makers turn cautious
Digital asset market shrinks as fund outflows reach $200M: CoinShares
15.5.2023
According to CoinShares, digital asset investment products saw outflows totaling $54 million last week