‘DJT’ Solana Token Surges on Unconfirmed Report Trump’s Behind It
The former president’s son Barron is spearheading the project, Pirate Wires reported on X, without naming its sources.
Markets
Trump and Biden Likely Won’t Shake Hands at Debate, Prediction Market Says
Meanwhile, there’s a prediction market on whether the U.K. newspaper The Guardian will correct an article about prediction markets.
Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins
As bitcoin’s volatility is nearing historically low levels, the crypto market is in need of news or catalysts to bring traders to action, one market participant noted.
Bitcoin Investment Products Saw Over $600M in Outflows Last Week: CoinShares
Crypto markets have been laid low by a hawkish stance on interest rate cuts by the FOMC.
U.S.-Listed Bitcoin Miners Reached Record Total Market Cap of $22.8B in June: JPMorgan
Mining stocks outperformed bitcoin in the first half of the month as investors reacted positively to news of Core Scientific’s AI deal with CoreWeave, the report said.
Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly
BTC plummeted more than 2% in an hour to $65,200 during the U.S. trading session from around the $67,000 area. The leading crypto was down 7.5% over the past seven days
First Mover: Bitcoin Struggles Near $67,000 as Cryptos Lag Behind Stocks
The latest price moves in bitcoin (BTC) and crypto markets in context for June 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Traders See Short-Term Bearish Target at $60K as Miners Pare Holdings
Persistent testing of the lows sets the bears up for quick success with their next target at $60,000, one trader said.
Here’s Why Bitcoin’s Not Keeping Pace With Nasdaq
Bitcoin has declined 6% in one week even as Nasdaq rallies to fresh record highs.
Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy
The broker initiated coverage of the stock with an outperform rating and a $2,890 price target.