Bitcoin BTC$65,121.75 returned to $67,500 during Wednesday’s US morning session and gained more than 5% over the past 24 hours as deeply bearish positioning across the crypto market began to relax. The move sparked a broader relief rally across altcoins. Ethereum’s ether (ETH) surged 10%, regaining the $2,000 level for the first time in a […]
BTC Hits $67,000; ETH, DOGE, SOL lead amid crypto short squeeze Read More »
XRP rose 6% as bitcoin neared the $67,000 mark in US morning hours on Wednesday, with data from one exchange showing spot buyers outnumbering sellers by more than 200%. News background Long-time XRP supporter and exchange Bitrue told CoinDesk that it observed a sharp increase in XRP spot activity between the 23rd-24th. February, when retail
Ripple-linked token zooms 6% as bitcoin (BTC) approaches $67,000 Read More »
CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1937.2, up 4.4% (+82.19) since 4 PM ET Tuesday. All 20 assets are trading higher. Leaders: DOT (+17.2%) and AVAX (+12.9%). Laggards: BTC (+2.8%) and AAVE (+3.0%). The CoinDesk
Polkadot (DOT) is up 17.2% as all assets rise Read More »
Bitcoin BTC$66,195.14 experienced a volatile trading session overnight, rising as much as 3.7% before giving back some of those gains. The largest cryptocurrency remains in the black since midnight UTC, up 2.4% to trade around $65,600. It is still within a price range that has persisted for the past three weeks. The altcoin market is
Bitcoin’s late-night spike fuels broad altcoin rally: Crypto Markets Today Read More »
By Omkar Godbole (All times ET unless otherwise noted) Traders chasing alpha might want to take a look at US-listed bitcoin BTC$65,121.75 mining. Some of these companies are surging, boldly breaking free from cryptocurrency’s choppy price action. Shares of Terawulf (WULF) are up 31% this month, even as bitcoin’s spot price is down nearly 17%.
These bitcoin-linked stocks are outperforming BTC: Crypto Daybook Americas Read More »
Circle (CRCL) shares jumped over 15% in pre-market trading after the stablecoin issuer’s earnings per share share (EPS) in the fourth quarter beat analysts’ forecasts. The USDC stablecoin issuer reported EPS of $0.43, compared to a consensus estimate of $0.16, according to FactSet data. The New York-based company also posted earnings before interest, taxes, depreciation
Circle ( CRCL ) shares jump 15% premarket as earnings beat estimates Read More »
US Senator Richard Blumenthal, a top Democrat on the Senate Homeland Security Committee, on Tuesday opened an investigation into alleged sanctions violations at the crypto exchange Binance, the New York Times reported on Wednesday. Blumenthal, who represents Connecticut, sent Binance a letter asking about the $1.7 billion allegedly transferred from accounts on the platform to
The market for Bitcoin-holding Strategy (MSTR) stocks is among the most “heavily shorted,” a market slang term for dominance of bearish plays, according to data from FactSet and Goldman Sachs. Still, the positioning may not reflect investors’ bias against a continued price crash, according to some observers. According to the report released last week, bearish
MSTR tops the list of most heavily shorted stocks, but don’t assume pure bearishness Read More »
Tether USDT$1.0003the world’s largest stablecoin by market capitalization, continues to shrink and looks set for a second straight monthly decline, signaling challenging conditions for a sustainable broader market recovery. Tether’s market cap has fallen 0.8% to $183.61 billion this month, extending January’s 1% slide from a record $186.84 billion, according to data source CoinDesk. This
Vitalik Buterin earmarked 17,000 ether worth about $43 million for privacy projects in January. A month later, his wallet balance has dropped by about that amount, and the token he’s selling has lost more than a third of its value. Arkham Intelligence data shows Buterin’s attributed wallets held around 241,000 ETH in early February. That
Vitalik Buterin Sold 17,000 ETH This Month As Ether Dropped 37% Read More »
