Markets
CME Bitcoin Futures Open Interest Surge Indicates Interim BTC Price Top
Every once in a while, open interest sees a spike in a relatively short amount of time. When that happens, it nearly always marks a turning point for bitcoin prices, one observer noted.

First Mover Americas: FTX Wants to Sell Its GBTC
The latest price moves in crypto markets in context for Nov. 6, 2023.

XRP Spikes 10% as Several Institutions Adopt Ripple’s Services
XRP traders often react to Ripple developments even as the company maintains distance from the token.

Bitcoin Addresses With Over $1K of BTC Hits Record 8M, Data Shows
The number could grow exponentially, representing a tremendous amount of purchasing power, one observer said.

GROK Tokens, Inspired by Elon Musk’s ChatGPT Rival, Pop up on Blockchains
While unrelated to the actual Grok service, the inspired tokens are quickly gaining a following among low-cap traders.

There Is No Reason Not to Be Bullish on Bitcoin After Payroll Data, Crypto Expert Says
We’re seeing decent progress on the CPI and hourly earnings trends, giving room for the Fed to speak in a continued dovish tone, Amberdata's Greg Magadini said.

Bitcoin Stalls at $35K as Gains Flow to Altcoins in Crypto's 'Early Bull Market Rotation,' Analyst Says
Layer 1 cryptocurrencies and DeFi tokens soared this week as bitcoin and ether chopped sideways.

First Mover Americas: Sam Bankman-Fried Guilty on All 7 Counts
The latest price moves in crypto markets in context for Nov. 3, 2023.

Bitcoin Is Up 70% a Year After FTX Debacle, but 'Alameda Gap' in Liquidity Persists
The 'Alameda gap' refers to the worsening of order-book liquidity following the collapse of the FTX group a year ago.

Solana's Rally Marshalled by Buyers From Coinbase, Data Shows
SOL has gained over 50% in two weeks with buyers from Coinbase playing a major role in powering the cryptocurrency higher.
