Cryptocurrency Markets


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Bitcoin Hits 6-Month High as First Bitcoin Futures ETF ‘BITO’ Starts Trading

The ProShares Bitcoin Strategy exchange-traded fund started with $20 million of seed capital.

The New York Stock Exchange on Tuesday, as the ProShares Bitcoin Strategy ETF ($BITO) started trading. (Cheyenne Ligon/CoinDesk)

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Crypto Funds Double Weekly Inflows to $226M as Ebullience Returns to Bitcoin Market

The jump was largely driven by bitcoin-focused funds, where inflows rose by $156 million to $225 million, the highest in five months.

Weekly crypto fund flows (CoinShares)

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Bitcoin Price Surges to 5-Month High Over $54K

Bullish sentiment returns to largest cryptocurrency, up 25% already this month.

Bitcoin's daily price chart shows the surge to a five-month high. (TradingView/CoinDesk)

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Since ‘Golden Cross,’ Bitcoin Is Down 12%; Blame the Fed?

The ostensibly bullish price-chart indicator hasn’t yet produced much in the way of gains for traders of the largest cryptocurrency.

The golden cross in bitcoin's price chart has yet to produce much glory. (Unsplash, modified by CoinDesk)

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Bitcoin ‘Golden Cross’ Appears in Price Charts, Confirming Bullish Trend

The golden cross is generally regarded as a “positive” indicator,” Fundstrat wrote Wednesday in a note to subscribers.

Bitcoin daily price chart shows the appearance of a "golden cross." (TradingView/CoinDesk)

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Tether Denies Holding Evergrande’s Commercial Paper as Reserve for Stablecoin USDT

It’s the latest twist in ongoing speculation over the quality of the reserves backing USDT.

tether

Финансы

Staking Giant Lido Expands to Solana

Lido controls over 80% of the fast-growing market for ether staking derivatives.

(Pixabay, modified by CoinDesk)

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Bitcoin Tumbles Most Since May and El Salvador Buys the Dip

Price drop triggers about $3 billion of liquidations of trading positions due to margin calls.

Chart of the bitcoin price over the past week shows the impact of Tuesday's wipeout. (CoinDesk)

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Bitcoin Hits 3.5-Month High Over $50K as Ether Tops $4K

Cryptocurrency markets are heating up.

Bitcoin's price surged on Friday above the psychological hurdle of $50,000 to reach a new 3.5-month high.

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Lido Dominates Booming Market for Ethereum 2.0 Staking Derivatives

The exchange allows users to earn staking rewards and still trade staked coins elsewhere.

There's no shortage of staking on Ethereum 2.0.

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