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Trading
Solana, Cardano Lead Crypto Market Lower as Traders Grapple With Bitcoin Headwinds
CoinDesk 20, a liquid index of the highest traded tokens, slumped 2.86% in the past 24 hours.
Dogecoin, Floki Bullish Bets Rise on X Payments Speculation
DOGE has the tendency to surge on payments-related developments at any Elon Musk-owned companies, such as X or Tesla. Floki, named after Musk’s dog, moves as a beta bet among midcap traders.
Crypto Bulls Lose $217M Amid Concern About Grayscale Outflows
Bloomberg's Eric Balchunas pointed out that GBTC shares flipped to a 0.9% discount versus net asset value amid "likely due to selling pressure."
Bitcoin Downside Risks Remain Despite Early Success of Spot ETFs, Observers Say
Several on-chain metrics and indicators still suggest the price correction may not be over or at least that a new rally is still not on the cards, one firm said.
Arthur Hayes Believes Bitcoin ETFs Could Bring in Billions From TradFi
ETFs could open up a line of trading avenues centred around arbitrage, options and financing, Hayes said.
Bitcoin ETF Approval Is Historic Moment for BTC, Miners: Analysts
Mining stocks represent an attractive opportunity for investors looking to gain access to the long-term bitcoin adoption trade, the analysts wrote.
Fake Bitcoin ETF Approval Tweet Causes $90M in Liquidations
Those tweets caused bitcoin prices to immediately spike to $47,680 from the $46,800 level. It then fell as low as $45,400 as the tweets were found to be fake.
Jim Cramer Now Says Bitcoin Is 'Topping Out'
Cramer’s picks have the tendency to move in the opposite direction he touts.
Bitcoin ETF Approval Expected Soon, Bears Lose $100M
Futures tracking crypto markets saw some $155 million in shorts liquidated in the past 24 hours after a sudden uptick in prices in U.S. hours.
Bitcoin Could Rally to $50K as Gensler Faces Pressure to Approve ETF, Traders Say
Major tokens solana (SOL), ether (ETH) and Cardano’s ADA started to stabilize early Thursday after dropping more than 10% in the past 24 hours.
