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Markets
It's a Bullish Double Whammy for Bitcoin, but Caution Still Warranted
Grayscale's legal victory over the SEC and disappointing U.S. labor market data support upside in bitcoin. But the bullish scenario is not without risks.

Grayscale’s Victory Ignites a GBTC Trading Frenzy as Investors Bet on Narrowing Discount to Bitcoin Price
The SEC must review its rejection to convert the Grayscale Bitcoin Trust into an exchange-traded fund, the appeals court ruled Tuesday.

First Mover Americas: Is Bitcoin Close to Breaking Out of Its Current Range?
The latest price moves in crypto markets in context for August 29, 2023.

Long Bitcoin With Tight Stop Loss in Place, Matrixport Says
Traders should monitor for a potential drop below $25,800, Matrixport's Markus Thielen said while discussing the stop loss.

Bitcoin Slumps Under $26K as Bearish Outlook Engulfs Crypto Market
Price-charts suggest more declines ahead even as large investors are adding on their bitcoin holdings, one trader said.

Bitcoin Dips Below $26K, Smaller Cryptos Head Lower on Fed's Powell's Hawkish Remarks
Speaking at Jackson Hole, the Fed chair doubled down on keeping financial conditions tight, including hiking interest rates further if needed.

First Mover Americas: Bitcoin Clings to $26K as Investors Await Powell’s Speech
The latest price moves in crypto markets in context for August 25, 2023.

Ether Whales Scooped Up $94M in ETH as Price Plunged to $1.6K
Last Thursday's plunge in prices drew the attention of a number of sizable holders.

Bitcoin Gives Up Gains, Slips Below $26K Ahead of Fed's Jerome Powell at Jackson Hole
The Kansas City Federal Reserve's annual Jackson Hole Symposium is underway, and Powell will deliver his keynote address Friday morning.

Binance's Ether Futures See Lowest Open Interest Since July 2022
Don't ready too much into the move, said one observer, calling it a typical position reset.
