U.S. House Set to Vote for First Standalone Crypto Market Structure Bill
Lawmakers are set to vote on the FIT21 bill Wednesday afternoon.
First Mover Americas: Bitcoin Hits $71K as Ether ETF Hopes Build
The latest price moves in crypto markets in context for May 21, 2024.
Bitcoin Surges Over $71K as Ether ETF Hopes Lead to $260M in Short Liquidations
Some traders expect ether prices to reach as high as $4,000 in the coming days, with odds of an ether ETF approval raised to 75%.
Bitcoin Runes Protocol Sees Traction Waning After Much-Hyped Introduction
User activity has plunged after a hyped run-up to the introduction of the Runes protocol, which was expected by some to mirror Solana’s göğüs coin ecosystem.
Bitcoin Tumbles Below $60K, Risking Deeper Pullback as Crypto Markets Endure Worst Month Since FTX Crash
Recent U.S. economic veri could prompt more hawkish forward guidance from the Federal Reserve.
Gold-Backed PAXG Token Spikes to $2.9K Amid Geopolitical Tensions
Bitcoin traded at a perfect negative correlation to PAXG in a sign of weak demand as a geopolitical hedge, according to one observer.
Crypto for Advisors: Are ETH ETFs Coming?
Market odds of approval in May are dwindling, but David Lawant and Purvi Maniar of FalconX say we’ll likely see an ETH ETF approval over the next 12-18 months.
Ethereum Layer 2s Could Rocket to $1T Base Valuation by 2030, VanEck Says
The valuation is based on the future expected usage of several layer 2 networks across usecases such as metaverse, banking and gaming.
Bitcoin Remains Overbought Despite Recent Correction, JPMorgan Says
The pace of net inflows into spot bitcoin ETFs has slowed considerably, with a significant outflow recorded in the past week, the report said.
Bitcoin Registers Biggest Single-Day Loss Since FTX’s Collapse
Spot BTC ETFs witnessed record outflows on Tuesday, provisional veri from Farside show.