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Bitcoin Favored Over Ether by CME Traders So Far This Year, Arcane Research Report Shows
7.2.2023
Open interest in bitcoin futures on the Chicago Mercantile Exchange has risen, while ether’s has declined, according to an Arcane Research report
Avalanche (AVAX) price is up, but do fundamentals support the rally?
7.2.2023
AVAX price has been in a strong rally since the start of 2023, but a sustained uptick in its DeFi components is needed in order to sustain the current bullish momentum
Bitcoin On-Chain Metrics Look Bullish, Bitfinex Report Highlights
7.2.2023
The supply “in profit,” a measure of market sentiment, has risen 20% since January
Biggest Movers: GRT Hits Highest Point in 9 Months, LTC Snaps Losing Streak
7.2.2023
The graph token surged by over 35% so far on Tuesday, as markets continued to be buoyed by the growth of its ecosystem. Since allowing integrations to new blockchains, prices of the indexing protocol’s native token have jumped by over 200% from 2022 lows. Litecoin was also higher today...
First Mover Americas: The Graph’s GRT Soars 92% in 7 Days
7.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
DebtDAO to Burn 18M FTX User Debt Tokens Following Demand Frenzy
7.2.2023
Over 18 million tokens after the demand for the recovery tokens saw prices surge to as much as $113
The Market Has Decided a Recession Is Coming, Says Mad Money’s Jim Cramer
7.2.2023
The host of Mad Money, Jim Cramer, says the market has already decided that the Federal Reserve “will tighten and create a recession no matter what.” Cramer also recently said that we are in a bull market, advising investors to buy the dip. Jim Cramer on Recession The host...
First Mover Asia: Crypto Is Flat Before Fed Chair Speech; Japan's SBI Building a Metamask Competitor for Yen-Denominated NFT Trading
7.2.2023
Crypto trading is largely denominated in USD, but the United States isn't the center of the digital assets world; bitcoin trades sideways as investors await the latest Jerome Powell comments
Ark Invest Expects Bitcoin to Become a Multitrillion-Dollar Market — Predicts BTC Price Could Reach $1.48 Million
7.2.2023
Investment management firm Ark Invest says bitcoin is “likely to scale into a multi-trillion dollar market.” In its new report, the firm offers three bitcoin price predictions, including a bull case where bitcoin could rise to $1.48 million per coin. Ark Invest CEO Cathie Wood sees...
Indexing Protocol The Graph’s GRT Token Soars Back Past $1B Market Cap
7.2.2023
The token has risen 55% over the past week amid significant growth of The Graph ecosystem
Bitcoin Holds Steady Near $23K as Investors Weigh Their Next Steps
6.2.2023
Bitcoin and ether were recently trading sideways. Equities declined
‘Disinflation’ Trends Will Soon ‘Hit a Brick Wall’: Oanda’s Edward Moya
6.2.2023
Oanda senior market analyst Edward Moya told CoinDesk TV that until the service sector’s growth weakens, the economy will continue to see wage pressures
Options Markets More Bullish on Bitcoin Than Ethereum – What This Means for ETH/BTC
6.2.2023
Investors are more bullish on Bitcoin than they are on Ether (ETH) over the next few months, according to various option market gauges of sentiment provided by crypto analytics website The Block. That could mean downside for the ETH/BTC exchange rate over the next few weeks and months....
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Decentralized Lending Protocol Clearpool to Start Institutional Borrowing Platform
6.2.2023
Clearpool Prime is set to begin operations in the first quarter of this year
Price analysis 2/6: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT
6.2.2023
The US dollar’s rise has put brakes on Bitcoin’s price recovery, but lower levels are likely to attract buyers for BTC and altcoins such as DOGE
Biggest Movers: SHIB Remains Near Recent Highs as Crypto Markets Fall on Monday
6.2.2023
Shiba inu has been relatively stable to start the week, as prices remained close to recent highs, despite Monday’s market sell-off. Cryptocurrencies were mostly lower in today’s session, as markets continued to react to historically low U.S. unemployment figures. Avalanche was down in today’s...
Global Crypto Industry Pledges Aid to Turkey Following Deadly Earthquakes
6.2.2023
More than 40 blockchain entities in the country have signed a petition requesting authorities to green-light accepting crypto donations in Turkey for humanitarian aid, similar to Ukraine
Bitcoin, Ethereum Technical Analysis: BTC Hits 1-Week Low, Bullish Sentiment Fades on Monday
6.2.2023
Bitcoin fell to a seven-day low to start the week, as recent bullish momentum began to wear off in cryptocurrency markets. Friday’s stronger than expected U.S. non-farm payrolls report has made some question the Federal Reserve’s view that inflation has peaked. Ethereum also declined...
First Mover Americas: Bitcoin in the Red for Fifth Straight Day
6.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Brazilian Fintech Company Capitual Partners With Azimut to Offer Crypto Services in European Markets
6.2.2023
Capitual, a Brazilian fintech company that offers cryptocurrency intermediation services, has partnered with Azimut, an asset management firm, to expand its service offer to Europe. The deal, which contemplates an investment of €15 million (about $16.2 million), would allow Capitual to start...