Bitcoin is rising after a rough week, but meme coins like Pepe, Bonk, Dogwifhat, and Dogecoin are the biggest winners today.
Category: Markets
Crypto Market Sell-Off Was Driven by Retail Investors, JPMorgan Says
Crypto markets have seen significant profit taking in recent weeks with retail investors playing a bigger role than institutions, the report said.
Solana meme coins surge despite crypto market decline
Solana meme coins show remarkable growth, although many leading cryptocurrencies suffer heavy losses.
First Mover Americas: BTC Stabilizes Around $58K Following Yesterday’s Rout
The latest price moves in bitcoin (BTC) and crypto markets in context for May 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin’s Volatility Is Falling and This Will Continue as It Matures: Fidelity
The cryptocurrency is already showing signs of maturity as its volatility drops to all-time lows on a yearly scale, the report said.
Bitcoin ‘Call Writing’ Back in Vogue as Cash And Carry Strategy Loses Shine
Recently, traders have sold $80,000 BTC call options expiring at the end of May to generate additional yield, one observer said.
BlackRock’s Bitcoin ETF Posts First Day of Outflows, Leading Record $563M Exit From U.S. Spot Products
Fidelity's FBTC, not GBTC, led outflows on Wednesday in what may be an alarming development for the bulls.
‘Sell in May and Go Away’: The Seasonality of Crypto-asset Returns
The summer months, between June and September, have historically brought significantly lower investor returns than other months of the year, says André Dragosch, head of research at ETC Group.
Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says
The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the report said.
First Mover Americas: Bitcoin Sinks Below $58K in Run-Up to Fed Decision
The latest price moves in bitcoin (BTC) and crypto markets in context for May 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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