Markets


Markets

Bitcoin, Ether Headed Toward Losing Months in Usually Upbeat July

BTC could suffer its second monthly downturn of 2023, while ether seems headed for its first losing month.

(Getty Images)

Markets

MakerDAO’s MKR Soars 28% in a Week as Token Buyback Scheme Goes Live

The lending platform is on track to remove some $7 million of MKR governance tokens from the market in the next month, according to blockchain data.

MKR weekly price (CoinDesk)

Markets

First Mover Americas: ProShares Dismisses Concerns Over Cost of Tracking Futures

The latest price moves in crypto markets in context for July 21, 2023.

New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.

Markets

SOL, XRP Lead Slide in Crypto Majors as Bitcoin Lingers Below $30K

Some of the selling pressure may have also arisen as U.S. House Republicans introduced a new digital assets oversight bill on Thursday that aims to establish a regulatory framework to protect investors in the crypto sector.

(AhmadArdity/Pixabay)

Markets

ProShares Says Bitcoin ETF Has Matched BTC Price Closely, 'Roll Cost' Concerns Are Unwarranted

Interest on the ETF's cash balances helps offset the cost of rolling from one set of futures to the next, ensuring a low performance discrepancy, the firm said.

New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.

Markets

Chainlink’s LINK Pops 15%, XRP Loses Steam as Bitcoin Revisits $29.6K Range Lows

Tech stocks such as Tesla and Netflix, which crypto prices tend to correlate with, sold off during the day as investors shied away from risk assets.

BTC daily price (CoinDesk Indices)

Markets

Initial Jobless Claims Suggest Continued Fed Tightening, but Investors Appear Unfazed

Bitcoin investors have been unmoved by recent macroeconomic data. Muted reactions suggest that they’ve already priced in much of what has occurred

(Getty Images)

Markets

First Mover Americas: XRP Momentum Could Set Precedent for Bitcoin

The latest price moves in crypto markets in context for July 20, 2023.

Credit: Shutterstock/wewi-photography

Markets

Chainlink’s LINK Climbs as Whales Add to Holdings Following Protocol Release

The CCIP protocol is designed to help build cross-chain applications and services and went live for early access users on the Avalanche, Ethereum, Optimism and Polygon blockchains this week.

(Tom/Pixabay)

Markets

XRP Moving Above 'Cloud' Resistance Is Bullish Precedent for Bitcoin: Analyst

We view XRP's breakout above the Ichimoku cloud as a good example for bitcoin, Fairlead's Katie Stockton said.

Wing plane, cloud (xuuxuu/Pixabay)

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