Markets
Bitcoin Shorts Lose $150M as BTC Poised for ‘Tremendous Upside’
A market observer said that bitcoin and crypto markets will enter an “unprecedented phase of adoption” as prices eventually breach lifetime peaks.
Bitcoin Funding Rates Jump to 100%, Sparking Opportunity for Savvy Traders
One observer said that elevated funding rates offer crypto hedge funds exceptionally attractive arbitrage opportunities.
First Mover Americas: Bitcoin Correction Could Be Approaching
The latest price moves in crypto markets in context for Feb. 26, 2024.
Ether, Mantle Lead Crypto Majors as Bitcoin Traders See Prices Correcting to $48K
“Without a bounce from here, we could see a deeper correction begin, potentially as low as $47,000-$49,000,” one trader said.
First Mover Americas: Worldcoin, The Graph and Filecoin Finish the Week on Top
The latest price moves in crypto markets in context for Feb. 23, 2024.
FIL, GRT Rally Boosts CoinDesk Computing Index as Bitcoin Struggles
FIL's market-beating surge to a 12-month high of $8.5 comes on the heels of Filecoin's Feb. 16 announcement that it would host programmable blockchain Solana's block history.
Ether ETFs Unlikely to Cause a 'Bubble,' Traders Say
Interest in ether bets rose significantly after the approval of spot bitcoin ETFs in January sparked optimism among ETH traders.
Ether's $3K Breakout Partly Fueled by Dealer Hedging, Analyst Says
Options dealers likely bought ETH in spot/futures market to hedge their short positions in call options, adding to bullish momentum, BloFin's Griffin Ardern said.
First Mover Americas: AI Mania Heats Up
The latest price moves in crypto markets in context for Feb. 22, 2024.
Vitalik Buterin Floats Idea of AI-Based Code Audits, Ethereum Project Developers Back Him Up
In 2023, crypto users lost an estimated $2 billion to hacks and scams, with Ethereum experiencing the highest losses due to its extensive ecosystem and high-profile projects.
