Market
Bitcoin Breaks $65K, as Price Action Compared to Prior U.S. Election Cycles
Trading firm QCP Capital said the move was similar to BTC's price action in 2016 and 2020 before the U.S. elections.
Bullish Bitcoin Hopes Dented as China Eases Stimulus Plans
The lack of new measures and announcements of new stimulus at a Chinese briefing today pared hopes of a long-drawn stimulus package - one that contributed to a bitcoin run in the past few weeks.
Bitcoin Flat Near $61K as Whales Continue to Accumulate; XRP Down 10% as SEC Appeals Case
PLUS: AI tokens not moving despite a $6.6 billion fundraise from OpenAI.
Bitcoin Broke $62K After Fed Rate Cuts. Here’s What Traders Say Will Happen Next
The CoinDesk 20, a measure of the largest digital assets, is up 3.4%. Plus: Polymarket traders have their money on four to five more rate cuts this year.
Solana's SOL Gets First Implied Volatility Index on Volmex
The new index will help traders guage expected SOL price turbulence over two weeks.
Key Week for Bitcoin and the Dollar Index
This week's slew of U.S. economic data will determine whether the dollar continues to weaken, offering a tailwind to BTC and other risk assets.
Crypto OTC Desks Now Hold Over $22B in Bitcoin: CryptoQuant
Miners often turn to OTC deals to sell bitcoin, CryptoQuant noted.
Bitcoin Whales Increased Holdings During Crypto Market Mayhem, but ETF Investors Didn't Buy the Dip
Though posting net outflows on Monday, the spot ETF action did show some positive surprises, Bloomberg ETF analyst Eric Balchunas noted.
XRP Surges 12% on the Back of Triangle Pattern, Rising Futures Bets Favor Bullish Price Moves Ahead
Open interest in XRP-tracked futures has nearly doubled over the past seven days, which is indicative of traders’ expectations of price volatility ahead.
Bitcoin Holds $61K After a Brief Nosedive
Bitcoin briefly touched $59K in the early hours of the Asian+ trading day.
