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Mercati

Dogecoin Rises After Twitter Rebranding, Bitcoin Slides to $29K

One analyst pointed out the $27,000 level could be a short-term target for bitcoin amid the lack of positive news.

Twitter and Doge Icons (Twitter)

Mercati

Bitcoin Dawdles Below $30K as Investors Eye Coming Fed Rate Decision, BTC Options Expiry

Next week’s U.S. central bank interest rate decision and the bitcoin options expiry are unlikely to move markets, which have been stuck for weeks.

BTC daily price (CoinDesk)

Mercati

MakerDAO’s MKR Soars 28% in a Week as Token Buyback Scheme Goes Live

The lending platform is on track to remove some $7 million of MKR governance tokens from the market in the next month, according to blockchain data.

MKR weekly price (CoinDesk)

Mercati

SOL, XRP Lead Slide in Crypto Majors as Bitcoin Lingers Below $30K

Some of the selling pressure may have also arisen as U.S. House Republicans introduced a new digital assets oversight bill on Thursday that aims to establish a regulatory framework to protect investors in the crypto sector.

(AhmadArdity/Pixabay)

Mercati

Move Over Shiba Inu: Crypto Community Flirts With Hamster Race Betting

A bunch of actual hamsters are racing on a new platform, and returns-starved traders are placing BUSD-based bets on who wins.

Hamster racing appears to be the new craze for the crypto community. (Catherine Falls Commercial/Gettyimages)

Mercati

Chainlink’s LINK Pops 15%, XRP Loses Steam as Bitcoin Revisits $29.6K Range Lows

Tech stocks such as Tesla and Netflix, which crypto prices tend to correlate with, sold off during the day as investors shied away from risk assets.

BTC daily price (CoinDesk Indices)

Mercati

XRP Soars 10%, Lifting Altcoins as Bitcoin Dominance Teeters at 1-Month Low

Bitcoin’s stall despite a recent wave of positive crypto news is a cause for concern, one observer said.

XRP price in the last 24 hours (CoinDesk)

Mercati

XRP Futures Set Open Interest Record High for 2023

Open interest on XRP-based futures contracts crossed the $1.1 billion mark in the past 24 hours.

(Shutterstock)

Mercati

XRP’s 60% Weekly Gain Defies Broader Crypto Slump as Bitcoin Stalls Below $30K

Crypto index funds potentially adding XRP to their holdings could mean additional buying pressure for the token, one analyst said.

XRP weekly performance

Mercati

Bitcoin Cannot Remain Indifferent to Dollar Index for Long: Analyst

U.S dollar index's fate impacts global liquidity conditions, which, in turn, influences risk assets, including cryptocurrencies.

BTC and DXY (TradingView)