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Markets
Bitcoin’s Latest Rally to $71K Is Different From the March Breakout. Here's Why.
The latest breakout is characterized by lack of speculative froth as opposite to March and positive macroeconomic details.
Bitcoin Bets Hit Peak of $37B as ETF Inflows Set New Record
The long-short ratio is starting to tilt in favor of bulls since Wednesday, data indicates, as some traders expect bitcoin to set fresh all-time highs in the coming weeks.
GameStop-Inspired Solana Meme Coin Soars Over 80% as Roaring Kitty Flashes $586M Worth of GME Position
Shares of GameStop closed the Thursday session 47% higher as the retail trading icon provided an update of his position and announced a livestream for Friday.
Bitcoin Could Hit $150K by 2024-End on Hopes of Donald Trump Being Re-Elected: Standard Chartered
Favorable payroll data could open the way to $80,000 per bitcoin by end-June, Standard Chartered’s Geoffrey Kendrick said in a Thursday note.
Meme Coin Institutional Holdings Surged Since January, Led by DOGE, SHIB, PEPE
Institutional investors on crypto exchange Bybit increased meme coin allocations to a high of $300 million in April from $63 million at the start of the year.
Bitcoin Options Traders Anticipate Imminent Breakout Above $74K to New Record Prices
One market observer noted "very concentrated call buying" looking to profit from a rally to between $74,000 and $80,000 by the end of this month.
IOTA Kickstarts EVM Targeting DeFi, Real World Assets
The EVM will let developers build applications with smart contracts that run on the IOTA network.
BNB Chain Ecosystem Heats Up as Token Hits Lifetime High Above $710
Trading volumes of ecosystem tokens more than doubled in the past 24 hours, with meme coin FLOKI leading gains among larger tokens.
Bitcoin Crosses $71K as BTC ETFs See $880M Inflows in Best Day Since March
This marked the best day of inflows since March and the second-highest overall since 11 bitcoin ETFs went live in January.
Uniswap, Starknet, BNB Lead Altcoin Gains as Bitcoin Hits $71K
Seventeen of the twenty assets in the CoinDesk 20 Index (CD20) booked gains, underscoring the uptrend in the broader crypto market.
