Trading


Markets

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)

Markets

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)

Markets

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)

Markets

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)

Markets

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)

Markets

Bitcoin, Ether Prices Ease as SHIB Drives Gains in Meme Tokens

A rally in meme tokens such as dogecoin and shiba inu is primarily driven by Asian traders in response to bullish sentiment around ether exchange-traded funds (ETFs), one trader said.

Bull and Bear (nosheep/Pixabay)

Markets

BlackRock Takes the Crown for the Largest Spot Bitcoin ETF From Grayscale

Inflows to IBIT have picked up recently after a dismal few weeks at the end of April. BlackRock now holds the ETF in one of its major funds.

(Jim Henderson, modified by CoinDesk)

Markets

Dogecoin, Floki, Dogwifhat Start to Surge as GameStop Jumps 19% in Pre-Market

Dog-themed tokens tend to move after rallies in video game retailer Gamestop, a so-called “meme stock.”

(Dogecoin)

Markets

Floki Developers Look to Improve Token Fundamentals With New Trading Bot

The bot charges a 1% fee on every transaction and 50% of the collected fees will be used to buy FLOKI on the open market, adding to demand for the token.

(Christal Yuen/Unsplash)

Markets

Caitlyn Jenner Meme Coin Sows Confusion as Observers Question Its Provenance

JENNER tokens scored over $100 million in trading volume less than 24 hours after going live. But punters are unclear if it's related to the real Caitlyn Jenner.

(Caitlyn Jenner X)