VanEck’s Bitcoin ETF Records 2,200% Volume Surge in a Day
A sudden trading volume on VanEck’s HODL product seemed “retail armyish,” one analyst said.
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A sudden trading volume on VanEck’s HODL product seemed “retail armyish,” one analyst said.
The tokens started trading at around $5 apiece, exchange data shows, but fell ahead of significant token unlocks planned in the months ahead.
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
However, WLD prices may run into headwinds as a token unlock worth $165 million is set to begin today, occurring until Feb.26, data from Token Unlocks show.
Sector tokens jumped 7.7% on average in the past 24 hours, CoinGecko data shows, with Ocean Protocol’s OCEAN and Fetch.AI’s FET rising more than 10%.
However, ether will likely capture more hype and mindshare in the coming months on a potential ETF listing, one analyst said.
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 16, 2024. 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 Feb. 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The present bias towards long positions means potential for a long squeeze, where investors who hold long positions feel the need to sell into a falling market to cut their losses.
Starknet is set to launch its native token STRK through an airdrop of 728 million coins on Feb. 20.