First Mover Americas: BTC Reclaims $72K; Meme Coins Rally
The latest price moves in crypto markets in context for April 8, 2024.
Financial
Bitcoin
Financial
Bitcoin Tops $71K, Ordinals Bets Rise Ahead of Halving
Broader crypto markets remained little changed over the weekend, but some Ordinal ecosystems saw gains as a proxy for BTC.
Financial
Did Strong Bitcoin ETF Demand Kill Halving’s Potential Bullish Rally?
The much stronger-than-expected inflows into the spot bitcoin exchange-traded funds (ETFs) have already caused concerns about a supply shock in the bitcoin market, potentially taking away some of the impacts of the halving.
Financial
DWS, Galaxy Digital List Exchange-Traded Commodities Offering BTC, ETH Exposure in Germany
The products, which track the performance of the two largest cryptocurrencies by market value, carry a fee of 0.35% and were listed on the Deutsche Boerse on Thursday.
Financial
MicroStrategy’s Implied Premium to Bitcoin Settling Into New Norm, BTIG Says
The broker increased its MicroStrategy price target to $1,800 from $780 while maintaining its buy rating on the stock.
Financial
Bitcoin’s Acceptance as ‘Digital Gold’ May Spur Demand From New Investors: Coinbase
Gold has outperformed after the Federal Reserve expressed a cautious stance on the pace of future interest-rate cuts, the report said.
Financial
Warning for Altcoin Bulls: The Ether-Bitcoin Ratio Is About to Flash Death Cross
A death cross occurs when a short-term moving average drops below the long-term moving average, signaling a potential long-term bearish shift in momentum.
Financial
Crypto for Advisors: Governance in a Blockchain World
Scott Sunshine discusses how advisors can leverage blockchain-based governance to enhance trust, improve accountability, streamline operations and unlock new investment opportunities for their clients.
Financial
Activity Is Beginning to Accelerate in the Bitcoin NFT Space: Franklin Templeton
Bitcoin Ordinal collections are beginning to dominate the NFT market, the report said.
Financial
Binance Stops Support for Bitcoin NFTs Citing ‘Streamlining’ of Offered Products
Users have been prompted to withdraw Bitcoin NFTs from Binance by May 18.