FOMO Traders Beware, Bitcoin’s ‘High-Wave’ Price Action Points to Confusion: Godbole
BTC’s latest price action signals considerable confusion in the market in a shift away from the recent dominance of the bulls.
Markets
Top NFT Brand Pudgy Penguins to Release PENGU Token
Pudgy Penguins is among the most popular NFT collections, and its comic penguins have a big presence on X, YouTube and Instagram.
Bitcoin Crashed Below $94K in Sudden Plunge From Record Perch Around $100K
BTC has been red-hot lately, taking out a milestone, but the bottom just fell out.
Memecoins Reach $140B Market Cap and Gain Ground in Crypto Economy
The memecoin sector was worth 11.21% of crypto market capitalization, excluding bitcoin and ether, as of Dec. 1.
MicroStrategy Leveraged ETFs’ Impact on Crypto Markets Is Growing: JPMorgan
Leveraged MicroStrategy ETFs attracted $3.4 billion of inflows in November, the report said.
CoinDesk 20 Performance Update: RENDER Gains 14.7% as Index Moves Higher
Litecoin joined Render as a top performer, gaining 9.7%.
CoinDesk 20 Performance Update: UNI Jumps 16.3% as All Assets Trade Higher
9am CoinDesk 20 Update for 2024-11-27: leaders
First Mover Americas: BTC Returns to Near $94K
Bitcoin regains some ground following Tuesday’s slide.
Ether teases a return to $3,500.
Traders are piling into ETH derivatives.
Bitcoin’s Tumble to $91K Evokes Thanksgiving ‘Massacre’ of 2020
Bitcoin suffered a steep decline four years ago around Thanksgiving after being turned away at the $20,000 level.
The action this year after failing at $100,000 is similar, though less severe so far.
Those who bought the dip in 2020 didn’t have to wait long to be rewarded.
CoinDesk 20 Performance Update: XLM Falls 14.6% as All Index Constituents Decline
9am CoinDesk 20 Update for 2024-11-26: laggards