First Mover Americas: Explaining Bitcoin’s Sudden Drop
The latest price moves in crypto markets in context for Jan. 4, 2024.
Financial
Financial
Bullish Bitcoin Market Sentiment at Display as ‘Buy the Dip’ Mentions Soar
Buying the taban is one of the most famous narratives in the crypto community, indicating an intention to purchase the token when the price drops.
Financial
Citi Alumni-Founded Startup to Offer Bitcoin Securities That Don’t Need Green Light From SEC: Bloomberg
Receipts Depositary Corp. aims to address the institutional desire for bitcoin investments that may not be satisfied by a spot ETF.
Financial
Will 2024 Be the Year of the Bitcoin ETF?
All signs suggest a spot bitcoin exchange-traded fund may well launch in the U.S.
Financial
Nigeria’s Central Bank Fleshes Out New Rule Allowing Crypto Firms’ Access to Bank Accounts
Nigerian banks are still restricted from holding or trading crypto on their own behalf, despite regulators’ softening stance toward digital assets.
Financial
Bitcoin ETFs Could Spark Huge BTC Trading. The Market Appears Up to the Task
Market makers, like trading firm DRW, have been preparing for months to be able to provide the necessary liquidity to ensure sufficient liquidity should the SEC approve bitcoin exchange-traded funds in the U.S.
Financial
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.
Financial
Cathie Wood’s ARK Invest Offloads $25M of Coinbase Shares
Coinbase’s Nasdaq-listed stock fell 2.96% Wednesday as the crypto market’s rally halted.
Expected Fed Rate Cuts Support Bull Case in Bitcoin, But There is a Catch
Renewed rate cuts by the Fed have historically presaged recessions and triggered rotation of money out of risk assets.
Financial
‘Deniers Are Crypto’s Flat Earthers’ as Markets Flash 83% Odds of Bitcoin ETF Approval
The popular Polymarket market bet “Bitcoin ETF approved by Jan 15?” has attracted almost $1 million in volume from hundreds of users.