Bitcoin Breaks to Low End of Trading Range, but June Data Could Be Next Catalyst
The price action has been highly muted this week after plenty of volatility surrounding the previous week’s surprising regulatory turnaround for the spot ether ETFs.
Markets
First Mover Americas: Crypto Market Flat Ahead of U.S. Inflation Data
The latest price moves in bitcoin (BTC) and crypto markets in context for May 31, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto Bettors Lay 17% Odds on Donald Trump in Jail Before Election Day
Gamblers have placed almost $900,000 in bets on the “Trump in jail before election day?” market on the predictions application Polymarket.
Bitcoin’s Short Term Momentum Flips Bearish; Support Under $65K
The 50-day simple moving average marks major support at $64,870.
As Random Celebs Like Caitlyn Jenner Embrace Solana Meme Coins, Early Hoarders Fare Best
A recent slew of tokens issued on Pump Fun by fairly well-known and local celebrities has gotten the crypto community divided on their purpose.
Ripple’s Brad Garlinghouse Foresees XRP, Solana, Cardano ETFs: Consensus 2024
It’s only a matter of time, the CEO of Ripple said on stage at Consensus 2024 in Austin.
TRUMP Token Sinks After Former U.S. President Is Found Guilty in New York
Trump arrives at an NFT dinner in May 2024. (Danny Nelson/CoinDesk)
Ether Spot ETFs to See Much Lower Demand Than Bitcoin Versions, JPMorgan Says
Ether spot ETFs could attract as much as $3 billion of net inflows this year, the report said.
Ether Put-Call Ratio Hits One-Year High, Hints at Bullish Bias Despite Pause in Rally
The uptick signals a bullish outlook, according to Wintermute.
First Mover Americas: Crypto in the Red Ahead of Friday’s U.S. Inflation Data
The latest price moves in bitcoin (BTC) and crypto markets in context for May 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.