DOGE/BTC Bear Trend Intact After Dogecoin’s 24% Weekly Gain
The ratio’s present price pattern resembles late 2020.
Markets
Global Bitcoin ETPs Register Biggest Seven-Day Inflow Since July
Bitcoin ETFs have purchased around 48 days of the mined bitcoin supply in the past four trading days.
Dogecoin Jumps 7% as Musk Touts D.O.G.E at Trump’s Pennsylvania Campaign
The proposed department, abbreviated as D.O.G.E, will seek to make government spending of taxpayer money more efficient while streamlining departments that handle spending.
‘High-Risk’ Crypto Loans Surge to a Two-Year High of $55M
High-risk USD loans. (IntoTheBlock)
Staked Ether Is Creating a Benchmark for the Crypto Economy, Says ARK Invest
The growing use of stETH in DeFi protocols means the asset is slowly taking the role of the fed funds rate in the crypto ecosystem, says ARK Invest.
Four Reasons Elon Musk’s Tesla May Have Moved $760M of Bitcoin
The electric carmaker moved its stash of BTC to new wallets earlier this week, sparking speculation on why it may have done so.
Ongoing Profit-Taking Could Slow Bitcoin’s Move to Record High
Historical data suggests when the bitcoin circulating supply in profit is over 94% we tend to see a sell-off due to profit-taking.
First Mover Americas: Bitcoin Recedes to $67K as Crypto Market Sees Slight Dip
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
GraFun Starts Labs Division to Boost Memecoin Ecosystem on BNB Chain
The Labs partners include trading firm DWF Labs and the Floki, BNB Chain’s largest memecoin by market capitalization.
deBridge Token Goes Live With DBR Airdropped to 491K Wallets
All airdrop recipients have the option to claim 50% at the token generation event (TGE), 50% six months later, or 80% at TGE minus a 20% penalty.