Solana Is Down 15% Since Hitting a 14-Month High. Is the Rally Over?
The token is up more than four-fold in 2023 after starting the year at around $10.
Financial
Market
Financial
Market Sees 59% Odds Sam Bankman-Fried Is Found Guilty on All Charges – But There’s a Catch
Traders on crypto-powered Polymarket have bet a grand total of $4,512 on the question, underscoring the current limitations of prediction markets.
Financial
Prediction Market Kalshi Sues U.S. CFTC for Denying Its Contracts for Congressional Elections
The CFTC denied a valid hedging option when it rebuffed a plan to offer event contracts for traders to bet on political outcomes, the company said.
Financial
Bitcoin Retakes $35K After FOMC as Solana’s SOL Leads Sharp Altcoin Rally
The Federal Reserve pulled no surprises on Wednesay as it kept policy on hold but promised a continued focus on bringing inflation to heel.
Financial
Solana Surges to 14-Month High; Sell Pressure Lingers as FTX Unstakes $67M Tokens
FTX-related wallets unstaked and transferred millions of tokens to exchanges, which could exert some selling pressure for the asset, one observer said.
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Why Momentum Trading Works In Crypto
Crypto markets have specific characteristics that align with a strategy of riding momentum in price movements, says Todd Groth, head of research at CoinDesk Indices.
Financial
First Mover Americas: Trading Giants Like Jane Street Might Support Blackrock’s BTC ETF
The latest price moves in crypto markets in context for Nov. 1, 2023.
Financial
Bitcoin Shows No Signs of Overheating, Despite Doubling This Year
Bitcoin has doubled this year. The bullish trend may continue unabated as key indicator shows no signs of overheating, according to IntoTheBlock.
Financial
First Mover Americas: Bitcoin Ticks Along Above $34K
The latest price moves in crypto markets in context for Oct. 30, 2023.
Financial
Bitcoin Catches Market Cap of Elon Musk’s Tesla Amid ETF-Fueled Rally, but Traders Cautious Ahead of Fed Meeting
The Fed is widely expected to hold rates steady next week but traders will be watching for signals about future policy moves.