Analysis


Markets

Bitcoin’s Latest Rally to $71K Is Different From the March Breakout. Here's Why.

The latest breakout is characterized by lack of speculative froth as opposite to March and positive macroeconomic details.

A rally track. (Pedro Henrique Santos/Unsplash)

News Analysis

Cathie Wood's Ether ETF Pullback Is Likely Due to Fee War

The asset manager’s name was removed from a recent document filed with the Securities and Exchange Commission in preparation for the launch and later confirmed that it dropped out of the race.

Ark Invest CEO Cathie Wood (Marco Bello/Getty Images, modified by CoinDesk)

News Analysis

Trump Conviction Barely Dents His Odds of Winning Election: Prediction Markets

Plus: Polymarket traders doubt Trump will go to prison; Kalshi bettors are at odds with the CME FedWatch poll on rate cuts.

NEW YORK, NEW YORK - MAY 28: Former U.S. President Donald Trump sits in court during his trial for allegedly covering up hush money payments at Manhattan Criminal Court on May 28, 2024 in New York City. Donald Trump arrived for closing arguments in his hush money trial ahead of the jury deciding whether to make him the first criminally convicted former president and current White House hopeful in history. (Photo by Spencer Platt/Getty Images)

Markets

Bitcoin Is Still Strong, but Macro Factors Pose Risk, Crypto Analyst Says

Hardening government bond yields post a risk to risk assets, including cryptocurrencies, one crypto observer said.

(WOKANDAPIX/Pixabay)

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News Analysis

Trump Widens Lead Over With Biden (on Polymarket and PredictIt) After Courting Crypto Vote

Plus: how much longshot money was made betting on the SEC approving an Ethereum ETF?

Trump arrives at an NFT dinner in May 2024. (Danny Nelson/CoinDesk)

Policy

SEC's Gensler Going Rogue in Solo Quest to Stop U.S. Crypto Legislation?

A new White House statement suggests not even the president who appointed the SEC chairman thinks the government can go on overseeing digital assets without new policy.

SEC Chair Gary Gensler in Washington on Oct. 25, 2023 (Jesse Hamilton/CoinDesk)

Markets

Ether ETF Speculation Could Weigh on SOL, Wider Altcoin Market

Traders will not want to be short ETH while going through an ETF approval, one observer said.

(Kevin Ku/Unsplash)

News Analysis

Will RFK Jr. Debate Trump or Biden? Probably Not, Prediction Market Says

Plus: Which cat-themed memecoin will hit $1 billion first?

Robert F. Kennedy Jr. (Gage Skidmore)

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Markets

Institutions Still Skeptical of a Near-Term Bitcoin Price Rally, CME Options Data Show

The higher implied volatility for short-dated puts suggests investors are willing to pay a premium for downside protection, CF Benchmarks said.

(sergeitokmakov/Pixabay)

Policy

Crypto Community Voices Outrage at Tornado Cash Developer Verdict

Alexey Pertsev, a developer of Tornado Cash, was sentenced to 64 months in prison for money laundering.

Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)