Bitcoin Bulls Mull the Meaning of New Fed Messaging on Inflation and Interest Rates
Instruments tied to interest rates compete with Bitcoin for investor dollars.
Markets
Curve Crisis Averted, NFT Loans Protocol Now Votes on Next Steps
JPEG’d DAO voters are deciding how to account for a $1 million bounty.
Bitcoin Plunged 11% in Worst Week Since FTX’s Collapse. What’s Next for BTC’s Price?
BTC slipped below $26,000 amid the crypto market mayhem.
First Mover Americas: Bitcoin Tumbles Below $26.5K
The latest price moves in bitcoin (BTC) and crypto markets in context for August 18, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Single Trader Lost $55M on Ether Long Yesterday
That was nearly 30% of all liquidated futures on Binance, the data shows.
Bitcoin Perpetual Funding Rates Crash as Price Slide Puts Short Volatility Bets at Risk
Funding rates tanked on several exchanges, indicating a steep discount in bitcoin perpetual futures.
No, Elon Musk’s SpaceX Isn’t the Cause of This Multi-Billion-Dollar Bitcoin Bloodbath
Bitcoin prices fell suddenly late on Thursday amid reports of hundreds of millions in sales, triggering a bloodbath across futures and spot markets.
Crypto Traders Suffer $1B in Liquidations in Sharp Sell-Off for Bitcoin, Ether
Crypto markets cratered late Thursday with bitcoin (BTC) dropping as low as $25,000 on the crypto exchange Binance.
Ether Futures ETFs Are Poised for U.S. Approval, Bloomberg Reports
They would join bitcoin futures ETFs that are already approved.
Bitcoin Slips to $29K, but Fundstrat’s Tom Lee Sees $150K on ETF Approval
Altcoins are leading declines, with majors like DOGE, SOL and MATIC shedding 6-7% in the past 24 hours.