CoinDesk Indices Unveils Bitcoin Trend Indicator
The BTI is a daily signal that communicates the direction and strength of bitcoin’s current price trend through a purpose-built algorithm.
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First Mover Americas: Crypto Trading Comes to Twitter
The latest price moves in bitcoin (BTC) and crypto markets in context for April 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Ether Tops $2K After Shanghai Upgrade, Outshines Bitcoin
We are seeing a sell the rumor buy the fact redux, one observer said, explaining ether’s post-Shanghai upgrade rally.
Ether-Bitcoin Ratio Likely to See Deeper Decline After Shapella Upgrade: QCP Capital
Ether has underperformed bitcoin in the lead up to the Shapella upgrade, resulting in a 13.7% year-to-date decline in the ETH/BTC ratio.
Crypto Analysts Split on Ether Market Trends After Ethereum’s Shanghai Upgrade
Their thinking is contrary to other market observers, who believe a mass-sell-off following the “hard fork” will send prices downward.
Glassnode Estimates $300M Ether May be Sold After Shanghai Upgrade
Two major Ethereum network upgrades that are expected to occur simultaneously on April 12 will allow investors to withdraw their ether staked on the Ethereum blockchain.
As Bitcoin Open Interest Surges to Highest Level Since FTX Crash Trading Firm Sees Bullish Signs
Bitcoin open interest across crypto derivative exchanges has surged to $10 billion, a five-month high after leveraged subsided in the wake of FTX’s collapse in November.
First Mover Americas: Bitcoin Soars Past $30K
The latest price moves in bitcoin (BTC) and crypto markets in context for April 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
XRP’s Four-Week Rally Was Led by Retail Investors: Kaiko
Retail or non-professional investors powered XRP higher in recent weeks as large investors sold into the rally.
Bitcoin, Not Ether, Builds Crypto Market Dominance Ahead of Ethereum’s Shanghai Upgrade
Bitcoin’s dominance rate, or share of the total crypto market, has risen to its highest in almost two years while ether’s stagnates.