cryptocurrencies


Markets

BTIG Initiates Coinbase Coverage With $500 Price Target

BTIG expects COIN to reach $500, calling it the "gold standard among digital asset exchanges."

Coinbase CEO Brian Armstrong opposes the infrastructure bill's tax provision.

Markets

Bitcoin Struggles Around All-Time High Resistance; Support Within Reach

BTC buyers take profit, but selling should be limited around $61K support.

Hourly BTC chart shows support and resistance levels with RSI.

Markets

Coinbase Direct Listing Gets $100B+ Valuation as Share Price Jumps in Nasdaq Debut

The Coinbase listing is seen as a watershed moment for the cryptocurrency industry.

Coinbase CEO Brian Armstrong. (CNBC, modified by CoinDesk)

Markets

Bitcoin Uptrend Intact as HODLers Seem Less Tempted to Sell

Long-term BTC hodlers are less tempted to sell relative to prior bull markets, according to data from Glassnode.

The term "HODL" is crypto-industry slang for the practice of holding tokens for the long term.

Markets

Coinbase Direct Listing: What's Happening Right Now

Experience shows it might take until after noon ET for market makers to work out the price of the initial trade in a direct stock listing.

Nasdaq

Markets

Bitcoin Pauses After Breakout to All-Time High, Support Around $62K

BTC buyers have taken some profit, but support is nearby.

BTC Hourly Chart

Markets

Bitcoin Analysts Set Sights on $70K (Even $80K) After All-Time High

Bitcoin is seen rising towards $70K by May according to several analysts interviewed by CoinDesk.

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Markets

Bitcoin Traders Seek Further Upside Exposure, Pushing Futures Premiums Higher

Bitcoin futures traders are becoming more bullish with extreme upside leverage.

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Markets

US Inflation Rises Faster Than Expected In March, but Unlikely to Deter Fed

U.S. March inflation beat expectations, but the Fed is likely to remain unmoved. Bitcoin traders continue to hedge.

Federal Reserve Chair Jerome Powell

Markets

Bitcoin Breaks to All-Time High, Ending Three Months of Consolidation

Bitcoin made a fresh all-time high after breaking above $60K and ending three months of consolidation. Next resistance around $68K-$70K.

BTC Four-Hour Chart