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Markets
MakerDAO’s MKR Token Jumps 10%, Defying Crypto Market Slump
The rally occurred amid improving fundamentals of Maker, as the protocol has returned to make profits, Messari analyst Kunal Goel said.

Ether Heads for 'Death Cross'
A death occurs when an asset's 50-day simple moving average dips below its 200-day simple moving average.

First Mover Americas: Musk's X Obtains Payment Licenses in Several U.S. States
The latest price moves in crypto markets in context for August 30, 2023.

Bitcoin Slips to $27.2K, Cryptos Dip as Investors Digest Grayscale’s Court Win
Some signs suggest potential market weakness despite Tuesday’s rally, market observers noted.

First Mover Americas: Bitcoin Rallies on Grayscale Court Win Over SEC
The latest price moves in crypto markets in context for August 30, 2023.

It's a Bullish Double Whammy for Bitcoin, but Caution Still Warranted
Grayscale's legal victory over the SEC and disappointing U.S. labor market data support upside in bitcoin. But the bullish scenario is not without risks.

Grayscale’s Victory Ignites a GBTC Trading Frenzy as Investors Bet on Narrowing Discount to Bitcoin Price
The SEC must review its rejection to convert the Grayscale Bitcoin Trust into an exchange-traded fund, the appeals court ruled Tuesday.

First Mover Americas: Is Bitcoin Close to Breaking Out of Its Current Range?
The latest price moves in crypto markets in context for August 29, 2023.

Long Bitcoin With Tight Stop Loss in Place, Matrixport Says
Traders should monitor for a potential drop below $25,800, Matrixport's Markus Thielen said while discussing the stop loss.

Bitcoin Slumps Under $26K as Bearish Outlook Engulfs Crypto Market
Price-charts suggest more declines ahead even as large investors are adding on their bitcoin holdings, one trader said.
