Ether

Ether

Markets

Bitcoin, Other Digital Assets Surge Late in Q2 on Spot Bitcoin Euphoria

The spot bitcoin ETF filings by BlackRock and other financial services giants ensured bitcoin would finish Q2 in positive territory. Now the SEC’s decision on the applications will likely play a big role in digital asset prices for the remainder of the year.

BlackRock invested $24 million in failed crypto exchange FTX. (Spencer Platt/Getty Images)

Markets

First Mover Asia: Bitcoin Maintains $30K as ‘the Economy Isn’t Breaking Just Yet’

ALSO: Singapore ranked second in CoinDesk's Crypto Hubs survey. The city state raised billions through IPOs, weathered the collapse of homegrown darlings Terraform Labs and Three Arrows Capital and is now searching for the right regulatory balance to encourage crypto without getting burned again.

Bitcoin 4-hour chart. (CoinDesk Indices)

Markets

As Prices Consolidate in Spot Markets, Asset Managers Increase Long Positions in Derivative Markets

The Commitment of Traders Report indicates asset managers’ continued bullishness in bitcoin markets.

(Getty Images)

Markets

Whale Drives Ether-Bitcoin Volatility Spread Lower Ahead of Options Expiry

The spread has flipped negative with consistent institutional selling of ether calls. Some of these positions could be rolled over ahead of Friday's expiry, leading to captivating shifts in volatility, crypto exchange Deribit said.

(Wance Paleri/Unsplash)

Markets

First Mover Asia: Bitcoin Could Experience Price Turbulence as $30K Is Tested

ALSO: Venture capitalists and others have abandoned blockchain for the seemingly greener pastures of AI, but they may be falling for the hype of a technology that has yet to prove itself substantially.

Bitcoin daily chart (CoinDesk)

Markets

Bitcoin Holds Above $30K as Investors Await Historically Strong July, Eye Options Expiry

BTC has gained at least 20% in July in each of the past three years. Depending on its price heading into the expiry, bitcoin could rally additionally or retreat.

Bitcoin weekly chart (CoinDesk Indices)

Markets

First Mover Asia: Bitcoin Opens the Week Above $30K Amid Rising Investor Optimism

ALSO: Ripple Asia's policy lead praises Japan’s crypto laws that favor consumer protection. Rahul Advani said that the country has created "a very clear taxonomy for digital assets."

Bitcoin daily chart. (CoinDesk Indices)

Markets

Coinbase Loses Market Share in Ether Staking as Regulatory Pressure Mounts

The exchange’s share in ETH staking dropped to 9.7%, the lowest since May 2021. The SEC sued the company in June for offering unregistered securities.

Coinbase's Base blockchain has gone live (Chesnot/Getty Images)

Markets

Bitcoin, Ether on Track for Strongest Weekly Gains Since March

Crypto prices have risen sharply since BlackRock’s filing for a spot bitcoin ETF. Of the 149 assets in the CoinDesk Market Indices (CMI), 144 rose during the week.

(Sean Benesh/Unsplash)

Markets

First Mover Asia: Bitcoin Surge May 'Not Be the Beginning of the End of the Bear Market,' Analyst Says

ALSO: CoinDesk Senior Research Analyst George Kaloudis offers a straightforward explanation of why BlackRock and other financial services giants want to offer a spot bitcoin ETF.

Bitcoin weekly chart. (CoinDesk Indices)