Cryptocurrency Markets

Cryptocurrency Markets

Mercados

Bitcoin Price Flash Crash on Binance.US Attributed to Trader Algorithm Bug

It all happened in a blip, and an exchange official says the institutional trading customer has since fixed the issue.

Bitcoin’s 1-minute price chart shows drop to $8,200 at 11:34 UTC. (TradingView/CoinDesk)

Mercados

Ether Awaits Price Breakout After Bitcoin’s Record Daily Close

Ether lags bitcoin as the latter nears a record high price.

Ether and bitcoin daily charts (TradingView)

Mercados

ProShares Bitcoin Futures ETF ‘BITO’ Hauls In $570M of Assets in Stock-Market Debut

According to ProShares, the fund’s sponsor, the new ETF’s assets shot to $570 million from $20 million on its first day of trading.

The New York Stock Exchange on Tuesday as the ProShares Bitcoin Strategy ETF (ticker $BITO) started trading. (Cheyenne Ligon/CoinDesk)

Mercados

Bitcoin Hits 6-Month High as First Bitcoin Futures ETF ‘BITO’ Starts Trading

The ProShares Bitcoin Strategy exchange-traded fund started with $20 million of seed capital.

The New York Stock Exchange on Tuesday, as the ProShares Bitcoin Strategy ETF ($BITO) started trading. (Cheyenne Ligon/CoinDesk)

Mercados

Crypto Funds Double Weekly Inflows to $226M as Ebullience Returns to Bitcoin Market

The jump was largely driven by bitcoin-focused funds, where inflows rose by $156 million to $225 million, the highest in five months.

Weekly crypto fund flows (CoinShares)

Mercados

Bitcoin Price Surges to 5-Month High Over $54K

Bullish sentiment returns to largest cryptocurrency, up 25% already this month.

Bitcoin's daily price chart shows the surge to a five-month high. (TradingView/CoinDesk)

Mercados

Since ‘Golden Cross,’ Bitcoin Is Down 12%; Blame the Fed?

The ostensibly bullish price-chart indicator hasn’t yet produced much in the way of gains for traders of the largest cryptocurrency.

The golden cross in bitcoin's price chart has yet to produce much glory. (Unsplash, modified by CoinDesk)

Mercados

Bitcoin ‘Golden Cross’ Appears in Price Charts, Confirming Bullish Trend

The golden cross is generally regarded as a “positive” indicator,” Fundstrat wrote Wednesday in a note to subscribers.

Bitcoin daily price chart shows the appearance of a "golden cross." (TradingView/CoinDesk)

Mercados

Tether Denies Holding Evergrande’s Commercial Paper as Reserve for Stablecoin USDT

It’s the latest twist in ongoing speculation over the quality of the reserves backing USDT.

tether

Finanzas

Staking Giant Lido Expands to Solana

Lido controls over 80% of the fast-growing market for ether staking derivatives.

(Pixabay, modified by CoinDesk)