Bitcoin Nears $97K, Continuing Wild ‘Trump Trade’ Rally
BTC traded above $95,900 in early Asian hours, less than 6% from a landmark $100,000 figure that would push it above a $2 trillion market capitalization.
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The Subtle Way AI Data Centers Boost Bitcoin Mining Economics
The competition for cheap electrons could establish a floor for hashprice, or at least slow down hashrate growth.
First Mover Americas: Bitcoin Hits New Highs as ETF Options Traders Go Degen
The latest price moves in bitcoin (BTC) and crypto markets in context for November 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Memecoin Launchpad GraFun Expands to Ethereum to Clinch New Users
Expanding to Ethereum will help GraFun capture newer audiences, tap into higher liquidity for meme issuances and increase the platform’s visibility among crypto traders.
Bitcoin ETF Options Introduction Marks Milestone, Despite Position Limits
BlackRock’s IBIT was the first bitcoin ETF to launch with options tied to it. The rest of the pack is coming today.
MicroStrategy Upsizes Debt Offering to $2.6B; Breaks Into Top 100 U.S. Public Companies by Market Cap
MicroStrategy is now up over 500% year-to-date, approaching a $100 billion market cap.
Robinhood Is the Top Crypto Deregulation Trade, Bernstein Says
The broker raised its price target on the trading platform’s stock to $51 from $30.
Rumble Stock Rises as CEO Teases Bitcoin Adoption
The YouTube competitor had about $131 million of cash and cash equivalents on its balance sheet as of the end of the third quarter.
Ethena Sees $1B Inflows as Crypto Rally Brings Back Double-Digit Yields
The protocol’s rejuvenation is driven by elevated perpetual funding rates, with more catalysts ahead for growth.
Bitcoin Makes New All-Time High of $94,000 as ETF Options Go Live
Spot bitcoin exchange-traded funds options are making solid volume on their first day.