First Mover Americas: AI Mania Heats Up
The latest price moves in crypto markets in context for Feb. 22, 2024.
Financial
Market
Financial
Bitcoin Back Over $51K, Crypto Market Recovers as Nvidia Earnings Rejuvenates AI-Tokens
The haphazard price action caused over $200 million in liquidations of crypto-tracked futures, of which $150 million were longs, or bets, against higher prices.
Financial
Bitcoin Could Hit $150K This Year, Says Fundstrat’s Tom Lee
Lee took note of fresh demand via the new spot bitcoin ETFs, the halving and expected monetary policy easing as being catalysts for higher prices.
Financial
Bitcoin Suffers Swift Reversal at $53K, Suggesting More Consolidation Ahead
For the third time in a week, prices quickly pulled back after testing the $53,000 level.
Financial
First Mover Americas: Ether Flirts With $3K
The latest price moves in crypto markets in context for Feb. 20, 2024.
Financial
Ether-Based Crypto Dollar Issuer Ethena Raises $14M, Opens Access to Public
Ethena’s USDe “synthetic dollar” is independent from the traditional financial system and aims to offer a dollar-denominated, yield-bearing savings vehicle for investors outside of the U.S.
Financial
Starknet’s STRK Could Debut With Market Cap of Over $1B, Aevo’s Pre-Launch Futures Suggest
Starknet is set to launch its native token STRK through an airdrop of 728 million coins on Feb. 20.
Financial
Bitcoin Traders Scoop Up Options Bets At $65K And Higher
The bullish flow is reminiscent of the 2020-2021 bull market when traders consistently snapped up bitcoin calls at levels well above the going market rate.
Financial
Solana Gains More Than Bitcoin as Trader Speculates an ‘Extreme Move’ Is Ahead
The broader altcoin market also showed signs of rebounding from oversold levels, one analyst noted.
Financial
Crypto for Advisors: Bitcoin as a Building Block for Portfolios
A practical, unbiased, and proven approach could classify bitcoin as another building block in institutional investors’ portfolios.