Markets


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Bitcoin Sees Profit-Taking Around $70K Amid ‘Stubbornly Bullish’ Sentiment

On-chain data shows over 50% of Bitcoin supply remains inactive, a sign of strong long-term conviction in the asset.

(16:9 CROP) Bull and Bear (Rawpixel)

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GameStop Stock, Meme Tokens Surge as User ‘DeepFu*kingValue’ Returns to Reddit

Keith Gill posted his GameStop options positions on the r/superstonks subreddit in early Asian hours Monday.

GameStop sign on GameStop at 6th Avenue on March 23, 2021 in New York. (John Smith/VIEWpress)

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Crypto Bettors Lay 17% Odds on Donald Trump in Jail Before Election Day

Gamblers have placed almost $900,000 in bets on the “Trump in jail before election day?” market on the predictions application Polymarket.

(Shaleah Craighead/Wikimedia Commons, modified by CoinDesk)

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Bitcoin's Short Term Momentum Flips Bearish; Support Under $65K

The 50-day simple moving average marks major support at $64,870.

Risks of a deeper pullback are growing for BTC (mana5280/Unsplash)

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Bitcoin Is Still Strong, but Macro Factors Pose Risk, Crypto Analyst Says

Hardening government bond yields post a risk to risk assets, including cryptocurrencies, one crypto observer said.

(WOKANDAPIX/Pixabay)

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As Random Celebs Like Caitlyn Jenner Embrace Solana Meme Coins, Early Hoarders Fare Best

A recent slew of tokens issued on Pump Fun by fairly well-known and local celebrities has gotten the crypto community divided on their purpose.

image of a crypto trader aka degen (Anjo Clacino/Unsplash, modified by CoinDesk)

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Ether Put-Call Ratio Hits One-Year High, Hints at Bullish Bias Despite Pause in Rally

The uptick signals a bullish outlook, according to Wintermute.

(sergeitokmakov/Pixabay)

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Bitcoin Traders Warn of Pullback as U.S. Inflation Data Looms; Dogecoin Leads Majors Slide

Crypto markets are expected to remain shaky ahead of Friday’s U.S. inflation report, one trading desk said.

A bear waving. (Hans-Jurgen Mager/Unsplash)

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Chiliz's CHZ Token Pre-UEFA Euro Price Surge Revives FIFA Memories

CHZ has surged over 20% in seven days, the third-biggest gain among the top 100 cryptocurrencies by market value.

CHZ's price rally. (Source: CoinDesk)

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BlackRock Amends Ethereum ETF Application; Bloomberg’s Balchunas Sees ETF Going Live By June

A 'Seed Capital Investor' has purchased 400,000 shares of the proposed filing, BlackRock revealed in its document.

BlackRock headquarters (Shutterstock)

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