First Mover Americas: Coinbase Plans $1B Bond Sale
The latest price moves in crypto markets in context for March 13, 2024.
The latest price moves in crypto markets in context for March 13, 2024.
QCP’s sentiment towards ether is cautiously optimistic, with concerns about potential corrections and the impact of leverage in the market.
Momentum behind bitcoin’s rally has waned so expect a period of consolidation, Matrixport analysts noted.
The latest price moves in crypto markets in context for March 12, 2024.
The market-wide resetting of funding rates means potential for a more long-lasting move to record highs in bitcoin.
Early miners are sending their old block rewards to exchanges, contributing to selling pressure as bitcoin retreats from testing all-time highs.
One explanation: Investors are pouring money into spot ETFs while avoiding miners due to risks related to the Bitcoin halving.
The success of the spot ETFs which opened for business on January 11 was the catalyst for this latest bull run for the world’s largest crypto.
The so-called wealth effect from unrealized crypto-market gains, which is estimated to be stronger than stocks, could boost consumer spending and inject demand-pull inflation into the U.S. economy.
The surging implied volatility has boosted the allure of “call overwriting” strategies that allow investors to generate additional yield on top of their spot market holdings.