First Mover Americas: Bitcoin Slips Below $39K
The latest price moves in crypto markets in context for Jan. 23, 2024.
Financial
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Financial
Solana, Avalanche Tokens Slide as Bitcoin Traders Target Eye Support at $38K
Over half of the profits accumulated by short-term bitcoin holders have been wiped out, Bitfinex analysts said in a Tuesday note.
Financial
Bottom Fishing in Bitcoin? Here Are the Key Signs To Watch for
Savvy traders are looking for signs of capitulation in the spot and perpetual futures market, and renewed demand for calls when calling market bottom and trend reversal higher.
Financial
Bitcoin Unphased by China’s Stimulus Plan
Hong Kong’s Hang Seng Index and the CSI 300 both responded to Beijing’s plan to reboot China’s domestic stock market, but bitcoin remains in the red.
Financial
Crypto Market Sentiment Remains Optimistic Despite Bitcoin Weakness, CoinDesk 20 Perpetual Futures Show
The CD20/USDC perpetual futures traded at a premium to the index price early Thursday, indicating a bullish broader market sentiment.
Financial
Bitcoin and Ethereum to Lead Altcoins Higher in 2024
The rise of bitcoin and ethereum, and more favorable macro conditions, could be good news for altcoins this year, says Todd Groth, head of research at CoinDesk Indices.
Financial
‘The Dow’ for Crypto Markets? New CoinDesk 20 Index Underpins Futures Contracts at Bullish
Perpetual futures based on the index at crypto exchange Bullish, which owns CoinDesk, could help the CoinDesk 20 become a widely followed benchmark akin to the 128-year-old Dow Jones Industrial Average.
Financial
Arthur Hayes Believes Bitcoin ETFs Could Bring in Billions From TradFi
ETFs could open up a line of trading avenues centred around arbitrage, options and financing, Hayes said.
Financial
Bitcoin’s ‘Sell The Fact’ Pullback Came From Binance, OKX: Kaiko
The cumulative volume delta (CVD) indicator show traders from Binance have led the so-called “sell-the-fact” pullback in bitcoin.
Financial
Bitcoin ETF Approval Marks Conclusion of a Decade-Long Journey
Much has changed since the Winklevoss filed unsuccessfully for the first Bitcoin ETF in July 2013.