Bitcoin Catches Market Cap of Elon Musk's Tesla Amid ETF-Fueled Rally, but Traders Cautious Ahead of Fed Meeting
The Fed is widely expected to hold rates steady next week but traders will be watching for signals about future policy moves.
Why a Spot Bitcoin ETF Will Probably Launch No Later Than January 10
The SEC decided not to appeal its court loss against Grayscale, which means GBTC’s conversion to a spot BTC ETF is likely on its way. And multiple spot Bitcoin ETF applications appear to be inching closer to approval. James Seyffart, market analyst at Bloomberg Intelligence, and Matt Hougan, chief investment officer at Bitwise Asset Management, feel quite certain a spot Bitcoin ETF will launch in the next few months.
First Mover Americas: Bitcoin and Ether Options Activity Hits $20B
The latest price moves in crypto markets in context for Oct. 26, 2023.
Bitcoin Surges to All-Time Highs in Turkey and Nigeria
Massive inflation and sliding purchasing power of national fiat currencies has likely boosted demand for bitcoin.
Bitcoin and Ether Options Activity Soars to Historic Highs of $20B Amid ETF Hype
Options worth $4.5 billion are set to expire on Friday, Deribit told CoinDesk.
Bitcoin Cools Off at $34K, But '5th Bull Market' Has Further to Run, Says Analyst
Dogecoin and PEPE gained 5%-6% on Thursday, fading the action in a mostly lower cryptocurrency market.
Bitcoin Primed for 'Supply Shock' as Exchange Balance Drops to 5-Year Low, Analyst Says
A spot ETF approval could fundamentally alter bitcoin's supply and demand dynamics as professional investors would allocate to BTC as an uncorrelated asset, Forex.com's Matt Weller told CoinDesk TV.
First Mover Americas: Deutsche Bank Trials a SWIFT Alternative for Stablecoins
The latest price moves in crypto markets in context for Oct. 25, 2023.
