Bitcoin Hits One-Year High, Soars Past $31.3K
The largest cryptocurrency by market capitalization has been surging this week after three financial services giants filed applications for spot bitcoin ETFs.
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The largest cryptocurrency by market capitalization has been surging this week after three financial services giants filed applications for spot bitcoin ETFs.
Bitcoin Cash (BCH) has surged by 36.5% in the past three-days after EDX, the exchange backed by Fidelity, Schwab and Citadel, listed it alongside bitcoin (BTC), ether (ETH) and litecoin (LTC).
The latest price moves in bitcoin (BTC) and crypto markets in context for June 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The latest price moves in bitcoin (BTC) and crypto markets in context for June 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The purchase is the latest step to increase the role of real-world assets in the platform’s DAI stablecoin reserve.
The world’s largest cryptocurrency by market value, bitcoin, had not reached levels above $30,000 since June 2022.
Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said.
Moving average crossovers are lagging Indicators. That said, the latest death cross is consistent with the dour regulatory outlook.
Altcoins witnessed inflows totalling $2.4 million, according to the report.