Market


Markets

Bitcoin Held in Exchange Wallets Rising at Pace of $1.16B a Month, Data Show

The inflow comes as bitcoin has gained 7% this month, extending October's 28% rally.

(micheile henderson/ Unsplash)

Markets

Bitcoin Tops $37K for First Time Since May 2022 as Short Squeeze Bumps Prices Amid BTC ETF Optimism

Over $62 million in bitcoin shorts were liquidated in the past 24 hours, contributing to higher prices.

El estrangulamiento de posiciones cortas impulsó las ganancias en altcoins. (Bella H./Pixabat)

Markets

XRP, LINK, DOGE Lead Altcoin Gains as Bitcoin Sits at $35K

A few days of outperformance has ignited chatter about "altcoin season."

XRP price on Nov. 6 (CoinDesk)

Markets

Crypto Traders Suffer Over $100M of Short Liquidations as Bitcoin Hits 3-Month High Over $31K

BTC surged past $31,000 and other cryptocurrency prices soared sharply Monday, too, taking many leveraged traders by surprise.

Crypto liquidations over the past 24 hours (CoinGlass)

Markets

Bitcoin Nears $29K as Fidelity ETF Amendment Bumps Bullish Sentiment

Some analysts said the amendments show the U.S. Securities and Exchange Commission is holding active discussions with related parties.

(Ryan Quintal/Unsplash, Modified by CoinDesk)

Markets

Bitcoin Traders Eye $28K; Solana, Cardano and Tellor Lead Altcoin Bump

Traders at Japanese exchange Bitbank said in a daily note that they expect bitcoin prices to move towards the $28,000 level, citing ETF optimism.

(PIX1861/Pixabay)

Tech

Arbitrum Users Can Now Trade Bitcoin Mining Power With Each Other

Bitcoin miners have the ability to easily buy and sell hashing power to interested purchasers. The trades will be routed through smart contracts and will specify hashrate amount, duration and price.

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Policy

CFTC Commissioner Pitches Pilot Program for U.S. Crypto Regulation

Commissioner Caroline Pham is outlining a “time-limited” program to start allowing regulated crypto markets and tokenization, an approach she says has precedents.

Acting CFTC Chair Caroline Pham (Cheyenne Ligon/CoinDesk)

Finance

Indian Crypto Exchange CoinSwitch Cuts Support Team, Citing Market Doldrums

The firm laid off 44 employees from the team, which still has 82 members.

CoinSwitch Kuber COO and co-founder Vimal Sagar (left), co-founder and CTO Govind Soni and co-founder and CEO Ashish Singhal. (CoinSwitch Kuber)

Markets

XRP's Market Cap Momentarily Zoomed to Trillions of Dollars on Gemini

Low liquidity after the token’s relisting likely caused a temporary pricing glitch on the exchange.

(Getty Images)

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