Bitcoin

On Friday, bitcoin and ethereum experienced modest upticks, registering increases of 2% to 5%, respectively. Meanwhile, the meme coin FLOKI has soared by 70% in the last 24 hours, with PEPE also making notable gains of 32.7%. Friday saw…

Bitcoin briefly rose above $70,000 Friday, but immediately tumbled to $67,000, repeating Tuesday's action.

Bitcoin has once more surpassed its previous highest point of $69,210, established on March 5, 2024, as documented by Bitstamp. Currently, the digital currency holds steady above the $68,000 mark, having outdone its prior peak and ascended…

The second-largest cryptocurrency last surpassed that level in December 2021.

According to the most recent figures, Ethena’s USDE now boasts an APY of 67.2%, positioning it among the top annual percentage rates within the realm of stablecoin decentralized finance (defi). Furthermore, the supply of this…

Statistics indicate that the first digital usd (FDUSD), a recently introduced fiat-pegged token launched in August 2023, has risen to become the fourth-largest stablecoin based on market capitalization. Currently, FDUSD holds the fourth…

The latest figures reveal that the nine new spot bitcoin exchange-traded funds (ETFs) now control 390,525.3 bitcoins, valued at just over $26 billion at current market rates. These nine ETFs are rapidly approaching the holdings of…

So far in 2024, bitcoin's concerns about the path of the economy or interest rates have taken a back seat to the overwhelming demand from the spot ETFs.

The latest price moves in bitcoin (BTC) and crypto markets in context for March 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The bitcoin spot ETF market could grow to around $62 billion in the next two to three years, the report said.