Bitcoin Market-Neutral Bets Offer 10% Return as BTC Tops $41K, Analysts Say
The “basis trade,” a standout in the 2020/2021 bull market, is hinting at a resurgence, one observer said, referring to the rising futures premium.
Bitcoin
Bitcoin’s Price Rise to $41K Buoyed by $200M in Weekend Short Liquidations
Overall market capitalization has risen 3% in the past 24 hours to reach a level previously seen in April 2022.
Bitcoin Sails Past $41K as Crypto Market Recovers to Pre-Terra Levels
The price of bitcoin hit $40,000 on Sunday for the first time in 18 months, while ether rose past $2,200.
Protocol Village: Blast, Envisioned as Layer-2 With Yield, Now Hiring
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 30-Dec. 6, with live updates throughout.
Avalanche, Helium Lead Monthly Crypto Gains as Bullish Bitcoin Consolidation Spurs Altcoin Season Call
November brought explosive gains for altcoins as a wide range of smaller cryptocurrencies outperformed bitcoin, prompting call for an altcoin season.
First Mover Americas: Bitcoin Hits $38.8K for First Time in Over a Year
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Rises to $38.8K for the First Time Since May 2022
Overall crypto market capitalization is at its highest level since May 2022 with nearly $400 billion added since the start of October.
Bitcoin Eyes $40K as $1B in BTC Withdrawals Suggests Bullish Mood
Data shows over $1 billion worth of BTC has been withdrawn from exchanges recently.
Bitcoin Going From Boiling the Oceans to Draining Them, According to Critic
The findings have an echo of De Vries’ previous criticisms of Bitcoin, which have hitherto centered on the electricity usage of bitcoin mining.
MicroStrategy Bought $600M of BTC in November, Increased Holdings by 10%
MicroStrategy is also looking to raise up to $750 million in a sale of class A common stock.