Markets


Marchés

Bitcoin's Uptrend Threatened by Looming 'Stochastics' Signal: Fairlead Strategies

The pending signal, if confirmed, would imply a challenging time ahead, according to analysis by Fairlead Strategies.

Alarm, rotating beacon. (Bru-nO/Pixabay)

Marchés

BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows

ETHA holds over $860 million in net assets. Only Grayscale’s mini ether trust (ETH) and Ethereum trust (ETHE) have more. Its net inflows are more than the next three highest ETF inflows combined.

(Jim Henderson, modified by CoinDesk)

Finance

Bitcoin Bear Trap? Goldman Says Wednesday's U.S. Jobs Report Is Likely to Overstate Weakness

On Wednesday, the Bureau of Labor statistics will publish a preliminary estimate of the benchmark revision to the level of monthly nonfarm payrolls from April 2023 to March 2024.

Payrolls. (Shutterstock)

Marchés

Mt. Gox Moves $700M in Bitcoin, BTC Unmoved at $59K

According to Galaxy's Alex Thorn expects only 1,265 BTC, woth over $70 million, may be offloaded in the market.

(CoinDesk)

Marchés

U.S. Leading Economic Indicators Continue to Fall, No Longer Signal Recession

The U.S. recession fears were partly responsible for the early August slide in stocks and cryptocurrencies.

The clouds are beginning to clear for the U.S. economy. (MabelAmber/Pixabay)

Marchés

U.S. Elections-Linked Bitcoin Options Draw Nearly $350M in Open Interest

Distribution of open interest shows bullish sentiment, according to Wintermute.

Notional open interest in BTC options tied to U.S. elections. (Amberdata)

Marchés

Attention Bitcoin Traders, the Japanese Yen Is Strengthening Again

A similar yen outperformance early this month triggered carry unwind and rocked risk assets, including cryptocurrencies.

Tokyo, Japan (Ryo Yoshitake/Unsplash)

Marchés

Trump's Election Odds Are Not The Dominant Driver of Bitcoin's Price, Data Show

Many crosscurrents influencing prices, such as U.S. monetary policy expectations and supply overhangs, might be responsible for the weak correlation between election odds and BTC prices.

Bitcoin price could be tied to the outcome of the U.S. election, Jefferies said. (Danny Nelson/CoinDesk)

Marchés

Bitcoin, Ether Held in BlackRock ETFs Cross Those of Grayscale’s for the First Time

Recent flows show GBTC experiencing outflows, while BlackRock's ETHA saw inflows, contributing to this shift.

(engin akyurt/Unsplash)

Marchés

Bitcoin Drops to $58K After U.S. CPI Print, BTC ETFs Record $81M Outflow

Traders say bitcoin could drop to $55,000 in the near-term, but favorable Fed policies could set the stage for its next leg up.

Bitcoin Price (CoinDesk Indices)

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