Investing


Markets

ProShares Bitcoin Futures ETF Wins ‘First Mover Advantage’ as VanEck Launch Falls Flat

The ProShares ETF has $1,4 billion in assets, compared with $8.7 million for the VanEck fund.

Pixabay (Modified by CoinDesk)

Markets

First Mover Asia: Bitcoin Drops Below $60K Amid Broad Sell-Off in Crypto Markets

Traders could not definitively explain bitcoin’s decline; ether falls under $4,000 for the first time since late October.

Longer-term bitcoin price chart shows this week's big dropoff. See the red candle on the right. (CoinDesk)

Markets

Bitcoin Tumbles to 3-Week Low Under $60K; Next Support at $53K

Market retreat comes as bitcoin’s daily price chart signals slowing upside momentum. The ether price fell below $4,000.

Bitcoin daily price chart (Damanick Dantes/CoinDesk, TradingView)

Markets

Crypto.com’s CRO Token Soars on Naming Deal for LA’s Staples Center

Amid this year’s broad gains in cryptocurrencies, CRO coin’s price hadn’t really stood out – until now.

CRO was flying in digital-asset markets Wednesday. (Creative Commons, modified by CoinDesk)

Markets

Avalanche’s AVAX Token Surges to All-Time High After Deloitte Deal, Defying Crypto Trend

The token is up 85% in the past 30 days, pushing its market capitalization to $23 billion.

(Unsplash/Robert Bye)

Markets

VanEck Bitcoin Futures ETF Finds Cool Reception

The new investment vehicle, trading under the stock ticker XBTF, jumped into the competition with a lower fee than two similar funds launched last month. But its first-day trading volume was still comparatively anemic.

(Metropolitan Museum of Art, modified by CoinDesk)

Markets

VanEck to Launch Bitcoin Futures ETF ‘XBTF’ Next Week After SEC Rejects Spot Offering

Chicago-based CBOE exchange says in website posting that the VanEck Bitcoin Strategy ETF will start trading Tuesday under the ticker symbol “XBTF.”

After weeks of delays, the VanEck Bitcoin Strategy ETF is ready to launch. (Unsplash, modified by CoinDesk)

Markets

Bitcoin Retreats From All-Time High, Ether Follows

The shakeout appeared to coincide with a turn lower in U.S. stock markets.

Bitcoin and ethereum hourly chart (Trading View)

Markets

Bitcoin Jumps to New All-Time High as Inflation Spikes to 6.2% in October

Bond traders are increasing their bets on faster inflation after the U.S. consumer price index jumped 6.2% in the 12 months through October, the highest rate in three decades. Still “transitory?”

Bitcoin's hourly price chart showing a rally to new record high after CPI release. (TradingView/CoinDesk)