Bitcoin Becomes More Volatile Than Ether as Halving Approaches
Bitcoin’s annualized 30-day historical or realized volatility rose to nearly 60% late last week, surpassing ether’s 30-day realized volatility by nearly 10 percentage points.
Markets
Crypto Market in Zen Mode as Bitcoin Remains Stable at $70K Ahead of Halving
All eyes are on the upcoming Bitcoin halving event.
Dogwifhat Becomes Third-Largest Meme Coin as Bitcoin Clings to $70K
WIF touched the $4 mark early Friday before retreating as the meme coin sector showed the most volatility in a little-changed market.
Ethena’s Prelaunch Futures Surge 22% as ENA Token Is Set To Go Live Next Week
The price surge implied that the token could debut with a market cap of over $500 million.
MicroStrategy Slumps 14% After Short Seller Says Stock Trades at an Unjustifiable Premium to Bitcoin
The bitcoin price implied by MicroStrategy’s share price is $177K, 2 ½ times the spot price of the cryptocurrency, the report said.
Dogecoin Bets Jump to $2B as Price Reaches Highest Level Since 2021
DOGE prices tend to move on speculation about the token’s use on X, the Elon Musk-owned social media giant.
First Mover Americas: Tokenized Treasury Notes Surpass $1B
The latest price moves in bitcoin (BTC) and crypto markets in context for March 28, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
ARK 21Shares Bitcoin ETF Hits $200M Daily Inflows for First Time
The bitcoin ETF market registered net inflows of $243.4 million as BTC teased a return north of $72,000 a week after sinking below $63,000.
Over $1B in U.S. Treasury Notes Has Been Tokenized on Public Blockchains
Tokenized Treasuries are digital representations of U.S. government bonds that can be traded as digital tokens on the blockchain.
Bitcoin Halving Could Bolster ETF Tailwinds for the Cryptocurrency: Canaccord
If history repeats itself, an even more bullish period for bitcoin and crypto markets could be on the horizon in the months following the halving, the report said.