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Bitcoin
BTC Tumbles Below $42K, Coinbase and Miners Plunge as Bitcoin ETF Mania Becomes ‘Sell the…
Bitcoin dropped below $42,000 on Friday, plunging almost 10%, as the euphoria over the bitcoin ETFs approved this week gave way to a massive rout.
Bitwise, Fidelity See Biggest Bitcoin ETF Inflow, Grayscale Loses Only $95M in Early Tally
Data about inflows is still incomplete and market watchers might have to wait until Friday evening for the full picture, Bloomberg analyst Eric Balchunas pointed out.
Taproot Wizards, Bitcoin Ordinals Project That Raised $7.5M, to Sell ‘Quantum Cats’…
The "NFTs on Bitcoin" project has capitalized on the popularity of the controversial Ordinals protocol, which has generated a flurry of interest in the original blockchain but added to congestion and higher fees.
Bitcoin Technical Analysis: BTC in Consolidation Phase as Upper Resistance Strengthens
The leading cryptocurrency, bitcoin, has remained within a limited price range since yesterday. This followed yesterday’s quick surge to the $49K level, which then declined in the early trading hours of Thursday. Although there was a…
First Mover Americas: Franklin Templeton’s Bitcoin ETF Becomes the Cheapest
The latest price moves in bitcoin and crypto markets in context for Jan. 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin ETFs Enable the ‘Mass Marketing’ of a Worthless Asset to Main Street Americans, Says Better…
An independent nonprofit organization said the U.S. Securities and Exchange Commission’s approval of spot bitcoin exchange-traded funds has enabled the “mass marketing of a known worthless, volatile, and fraud-filled financial…
Cryptocurrency Regulations Set to Help Minimize Risks Associated With Crypto Trading — Turkey…
Mehmet Simsek, the Turkish Finance Minister, recently revealed that a draft of his country’s crypto regulations is now in the final stage. Simsek said that once they come into force, the new regulations will help minimize the risks…
Coinbase’s Rollup Base Updates Roadmap and Goals for 2024
Base, the Coinbase incubated rollup, has updated its roadmap and goals for 2024. In a blog post, Base informed that it will not only focus on building a development platform but on fostering the decentralization of such an environment,…
SEC Commissioner Crenshaw Dissents From Spot Bitcoin ETF Approval
SEC Commissioner Caroline A. Crenshaw voices her dissent against the commission’s approval of spot bitcoin ETFs, highlighting the risks of market manipulation, the concentration of bitcoin ownership, and the inadequacy of current…
With Bitcoin ETF Approvals, Market Eyes Inflows and Potential Spot Ether ETF
The SEC’s approval of spot bitcoin ETFs marks a major milestone in cryptocurrency regulation, yet it’s ethereum that captures the market’s attention with a price rally, as investors and analysts now turn their eyes…