Markets


Markets

Bitcoin, Ether Held in BlackRock ETFs Cross Those of Grayscale’s for the First Time

Recent flows show GBTC experiencing outflows, while BlackRock's ETHA saw inflows, contributing to this shift.

(engin akyurt/Unsplash)

Markets

Bitcoin Drops to $58K After U.S. CPI Print, BTC ETFs Record $81M Outflow

Traders say bitcoin could drop to $55,000 in the near-term, but favorable Fed policies could set the stage for its next leg up.

Bitcoin Price (CoinDesk Indices)

Markets

Bitcoin Price May Turn Lower as Crypto Exchanges See $1B USDT Withdrawal: IntoTheBlock

The previous two occasions when exchanges saw similar USDT outflows earlier this year occurred near local tops in bitcoin's price.

Bitcoin price on Aug 14 (CoinDesk)

Markets

Bitcoin Miner Capitulation and Record High Hashrate Point to Possible Price Bottom: CryptoQuant

Such expansion comes despite a recent drop in bitcoin (BTC) prices, indicating positive sentiment among miners after a bout of selling in the past few months.

Bitmain Antminer mining rigs (Christie Harkin/CoinDesk)

Markets

Bitcoin More Likely to Fall by $5K Than Rise by Same Amount: Analyst

The BTC market shows signs of seller dominance, FxPro's analyst said.

Despite declining Wednesday, BTC may be in a potential upswing. (Luke Chui/Unsplash)

Markets

Hamster Kombat Says It Skipped VC Fund Offers, Bashes 'Exit Liquidity' Behavior

The wildly popular Telegram game has apparently amassed millions of users since its April release.

(Hamster Combat)

Markets

Bitcoin's Prospects Strengthen as Key Stablecoin Metric Slides to Lowest Level in 18 Months

The dwindling metric points to declining selling pressure in the bitcoin market.

A person looking at multiple trading screens. (sergeitokmakov/Pixabay)

Markets

XRP Bullish Options' Popularity Jump May Be Due to ETF Speculation, Observers Say

Traders have locked in over $2 million in XRP's $1.10 call option listed on Deribit, the highest across all available maturities.

XRP options data. (Amberdata)

Markets

Ex-Bank of Japan Official Rules Out Another Rate Hike This Year

The BOJ recently raised rates for the first time in over a decade, destabilizing global markets, including bitcoin.

Bank of Japan building. (Shutterstock)

Markets

Bitcoin Nears $58K as Market Slides Ahead of Busy Data Week

Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.

Quick slide in crypto prices on Friday (Karsten Winegeart/Unsplash)

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