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Markets

Ang Bitcoin Plunge ay Nagdudulot ng $450M sa Bullish Crypto Bets na Na-liquidate

Bumaba ng 5% sa average ang Crypto market capitalization habang sumiklab ang mga tensyon sa Gitnang Silangan noong huling bahagi ng Lunes, na humahadlang sa paglaki ng mga asset na may panganib.

(Barrett Ward/Unsplash)

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Bitcoin Price Warms Up After Monster ETF Day

Bitcoin price crossed the $65,000 mark on Friday morning, climbing to its highest point since the start of August. This comes after spot bitcoin ETFs in the U.S. saw a monster day on Thursday registering inflows of $365 million and bringing the weekly total to over $600 million, according to CoinGlass data. CoinDesk's Christine Lee presents the "Chart of the Day."

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BlackRock's Bitcoin ETF Sees First-Ever Day of Outflows

BlackRock's spot bitcoin ETF product IBIT recorded its first-ever day of outflows on Wednesday, with $36.9 million exiting the fund. According to data source Farside Investors and CoinGlass, the 11 spot BTC products in the U.S. saw a cumulative net outflow of $563.7 million, the largest since the funds began trading in January. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Bitcoin Tops $66K as Open Interest Hit Record High; Bullish News From Pepecoin and NodeMonkes

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as bitcoin (BTC) crossed the $66,000 mark, inching closer to its lifetime peak of $69,000 set in November 2021. This comes as the value of bullish bets rose to a record-high of $27 billion, according to data from Coinglass. Plus, Pepecoin became the biggest meme coin gainer and bitcoin NFT NodeMonkes rose as the most-traded Ordinals collection in the past 24 hours.

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Bitcoin Below $42K After Posting Worst Daily Drawdown Since August

Bitcoin (BTC) is trading under $42,000, after suffering its steepest daily drawdown in almost four months on Monday. The decline wiped out over $520 million in leveraged trading positions on the crypto derivatives market, predominantly longs betting on rising prices, CoinGlass data shows. WonderFi CEO and President Dean Skurka shares his crypto market expectations for 2024.

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Markets

Bitcoin, Ether, at Major Altcoins sa Deep Red

Nangunguna ang Bitcoin at Ether sa liquidation heatmap na may higit sa $335 milyon sa mga rekt na posisyon sa nakalipas na 12 oras.

Bitcoin (André François McKenzie/ Unsplash)

Markets

Crypto Bulls Tinamaan ng $300M sa Liquidations bilang Bitcoin, Ether Buckle sa Fizzling ETF Momentum

Ang matalim na pagbaba ng Crypto Prices noong Martes ay nag-udyok sa pinakamalaking pang-araw-araw na paggamit ng mahabang pagpuksa mula noong Agosto, ipinapakita ng data ng CoinGlass.

Crypto liquidations per day for all assets combined (CoinGlass)

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CME Is Now the Second-Largest Bitcoin Futures Exchange: Coinglass

The Chicago Mercantile Exchange (CME) is now the second-largest bitcoin futures exchange, with only Binance holding a greater market share, according to data from Coinglass. "First Mover" hosts Jennifer Sanasie and Lawrence Lewitinn discuss, as some observers believe that the recent rally in the crypto market is institutionally led.

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Markets

Ang mga Crypto Trader ay Nagdurusa ng Mahigit $100M ng Maiikling Pag-likido habang ang Bitcoin ay Umabot sa 3-Buwan na Mataas Higit sa $31K

Ang BTC ay lumampas sa $31,000 at iba pang mga presyo ng Cryptocurrency ay tumaas din nang husto noong Lunes, na ikinagulat ng maraming leveraged na mangangalakal.

Crypto liquidations over the past 24 hours (CoinGlass)

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Crypto Outlook as Market Braces for Spread of Israeli-Hamas War

Ongoing tensions in the Middle East could spill over to the crypto markets and cause a short-term decline in riskier assets such as bitcoin (BTC). This comes as crypto traders suffered over $100 million of losses from liquidations, according to CoinGlass data. First Mover host Lawrence Lewitinn and CoinDesk Chief Content Officer Michael J. Casey discuss their crypto markets outlook.

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