Tether has quietly backed away from plans to raise as much as $20 billion in fresh capital after facing investor opposition to a proposed valuation that would rank the stablecoin issuer among the world’s most valuable private companies, according to an FT report on Wednesday. The company, which issues the USDT stablecoin with over $185 […]
Tether scales back $20bn funding ambitions after investor resistance: FT Read More »
Experienced traders use a lot of tools to analyze markets. The Relative Strength Index (RSI) is one of the most popular that sniffs out trend strength and momentum extremes. Right now, the RSI is signaling that bitcoin is oversold, suggesting that the recent selloff has been too intense and that prices may see a relief
Bitcoin’s ‘RSI’ screams oversold. Here’s what that means Read More »
Bitcoin exchange-traded funds saw fresh outflows on Tuesday even as ether and XRP-linked products drew net inflows, suggesting a growing divide in how investors are positioning across major cryptoassets amid the latest bout of market volatility. U.S.-listed spot bitcoin ETFs recorded about $272 million in net outflows on Feb. 3, according to data compiled by
Bitcoin ETF Outflows Deepen As Ether And XRP Funds Quietly Attract Inflows Read More »
Bitcoin price today: down to $76,000 after hitting 15-month lows following heavy liquidations
Crypto prices stabilized on Wednesday after a volatile start to the week, tracking a tentative improvement in broader risk-on sentiment, although traders remained cautious on near-term direction. The total crypto market capitalization rose about 1.7% over the past 24 hours to about $2.65 trillion, according to CoinMarketCap data. The recovery followed strong fluctuations earlier in
What now for bitcoin, ether, solana traders after BTC jumps to $76,000 Read More »
There is always a bull market somewhere. While bitcoin and stocks in the bitcoin holder strategy are falling, an exchange-traded fund designed to move in the opposite direction of the MSTR and double its daily change has hit an all-time high. This exchange-traded fund is the GraniteShares 2x Short MSTR Daily ETF, which trades under
ETF, enjoying carnage in MSTR, hits record high Read More »
Rui-Siang Lin, the alleged operator of the dark web drug marketplace “Incognito Market,” was sentenced Tuesday to 30 years in U.S. federal prison, according to a statement from the U.S. Attorney’s Office for the Southern District of New York, ending one of the largest online drug market prosecutions since the Silk Road. Lin, a 24-year-old
BitMine Immersion chairman Tom Lee pushed back against criticism of its growing paper losses this week, saying the drawdown reflected the design of its ethereum treasury strategy rather than a flaw in execution. In a series of posts on X, Lee said BitMine is built to track the price of ether and outperform it over
Tom Lee Says BitMine’s $6 Billion Ether Paper Loss Is ‘By Design’ 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 2283.41, down 0.3% (-6.5) since 4 PM ET Monday. Nine of the 20 assets are trading higher. Leaders: ICP (+0.7%) and BNB (+0.6%). Laggards: HBAR (-2.0%) and XLM (-1.6%).
Bitcoin (BTC) trades flat as index inches lower Read More »
Crypto has been in a complete winter since January 2025, although much of the market has been reluctant to say it out loud, asset manager Bitwise said in a Monday blog post. Having lived through several crypto winters, the investment manager said the current mood of despair looks familiar and has historically marked the later
Bitwise claims that crypto is nearing the end of a brutal winter Read More »
