First Mover Americas: Bitcoin Regains $66K Following Bullish ETF Data
The latest price moves in crypto markets in context for May 17, 2024.
Financial
Financial
Bitcoin Traders Target $74K Next Week as BTC Spot ETFs Log Four Days of Inflows
One trader said rising risk appetite for alternative assets could cause bitcoin to exceed the $70,000 level over the weekend.
Financial
Ether Bears Hit a Brick Wall as Price Collides With Bull-Market Trendline
Ether’s sell-off has stalled at an upward-sloping trendline, characterizing the rally from October lows.
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Ether Could Surprise to the Upside in the Coming Months, Coinbase Says
The cryptocurrency does not have major supply-side overhangs such as token unlocks or miner sell pressure, the report said.
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Fantom Outperforms CoinDesk 20 Over Past Week as TVL Jumps
FTM has gained 13% in the last week, and total value locked in Fantom briefly hit $200 million.
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Institutions Still Skeptical of a Near-Term Bitcoin Rally, CME Options Data Show
The higher implied volatility for short-dated puts suggests investors are willing to hisse a premium for downside protection, CF Benchmarks said.
Financial
Biden Order to Halt China-Tied Bitcoin Mine Beside Nuke Base Came as U.S. Firm Just Bought it
President Biden’s emergency order to halt the Chinese-tied mining on the doorstep of a nuclear-missile base hit days after mining giant CleanSpark struck a deal to buy the property.
Financial
Coinbase Shares Sink 9% on Report CME to Consider Listing Spot Bitcoin
The stock was the second worst performing among crypto stocks on Thursday.
Financial
Solana Meme Coin Factory Pump.Fun Compromised by ‘Bonding Curve’ Exploit
The exploiter may not be making any money from the attack.
Financial
DTCC, Chainlink Complete Pilot to Accelerate Fund Tokenization with JPMorgan, Templeton, BNY Mellon Participating
The aim of the Smart NAV pilot was to test a process to bring and disseminate fund veri on multiple blockchains, a key step for tokenization.