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Bitcoin Falls Below $26K in Absence of Grayscale vs. SEC Court Decision

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as bitcoin (BTC) trades below $26,000. There's still no decision in Greyscale's lawsuit against the SEC over the approval of a bitcoin spot ETF. Meantime, Bloomberg says Ether futures ETFs will get approval from the SEC. Bankrupt crypto lender Celsius will hold a vote on its plan to sell assets. Plus, crypto lender Exactly has become the latest protocol to be struck by a hack.

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Single Trader Lost $55M on Ether Long Yesterday

That was nearly 30% of all liquidated futures on Binance, the data shows.

(Shutterstock)

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Crypto Traders Suffer $1B in Liquidations in Sharp Sell-Off for Bitcoin, Ether

Crypto markets cratered late Thursday with bitcoin (BTC) dropping as low as $25,000 on the crypto exchange Binance.

Los traders inicialmente subieron los precios de xmon para obtener un airdrop de sudo, el token de gobernanza de SudoSwap. (Getty Images)

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Ether Futures ETFs Are Poised for U.S. Approval, Bloomberg Reports

They would join bitcoin futures ETFs that are already approved.

(Drahomír Posteby-Mach/Unsplash)

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Crypto Long Trades Account for 90% of Total Liquidations as Bitcoin, Ether Slump

One trading firm has a price target of as low as $24,000 in the coming months in the absence of immediate market catalysts.

(Wance Paleri/Unsplash)

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Bitcoin Slips to $29K, but Fundstrat's Tom Lee Sees $150K on ETF Approval

Altcoins are leading declines, with majors like DOGE, SOL and MATIC shedding 6-7% in the past 24 hours.

Bitcoin falls back to $29K (CoinDesk)

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First Mover Asia: Bitcoin Steady Below $30K as SBF Goes Back to Jail

PLUS: The tragicomedy of Sam Bankman-Fried continued on Friday with the revocation of his bail. Even before the decision, CoinDesk columnist David Morris explained why the outcome was predictable.

Sam Bankman-Fried, middle, walks into court on Aug. 11, 2023. (Victor Chen/CoinDesk)

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La temporada de altcoins se acerca, según un análisis técnico

Se está formando en el mercado de las altcoins un patrón alcista inverso de cabeza y hombros, uno de los montajes de precios alcistas más confiables.

(Mar Cerdeira/Unsplash)

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First Mover Asia: SEC Appealing XRP Ruling Isn't Moving Markets

Ripple's partial victory over the Securities and Exchange Commission pushed up the layer 1 and altcoin market, as many of these tokens had been accused of being securities.

(CoinDesk Indices)

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First Mover Asia: What Will It Take to Get Bitcoin to $30K?

The world’s largest digital asset isn’t budging and it'll take regulatory clarity to push past $30,000.

(CoinDesk Indices)