Markets


Markets

Bitcoin Call Skew Hints at Further Price Rise as Spot ETF Optimism Energizes BTC

The one-month call-put skew has risen above 10%, indicating a strongest bullish bias in 31 months.

Bitcoin one-month call-put skew (Amberdata)

Markets

ARK Snaps Up $9.5M HOOD Shares Day After Robinhood Announces European Expansion

The fund continues to sell GBTC as shares have rallied 235% this year, outperforming bitcoin and traditional risk assets.

Ark Invest CEO Cathie Wood (Marco Bello/Getty Images, modified by CoinDesk)

Markets

Bitcoin Breakout Toward $45K 'Imminent' Says Matrixport

Polygon's MATIC and Chainlink's LINK led altcoin gains Wednesday afternoon.

CoinDesk Bitcoin Price Index (CoinDesk)

Markets

First Mover Americas: Binance Unveils Self-Custody Wallet

The latest price moves in crypto markets in context for Nov. 8, 2023.

Two large stacked blocks displaying Binance's logo at a trade show.

Markets

Investment Adviser Two Prime Sees $2B in Demand for Bitcoin-Backed Loans

"We have seen about $2 billion in demand for bitcoin-secured loans since we started offering them in September," Two Prime's Alexander Blume said.

Debt, money, deadline (geralt/Pixabay)

Markets

Bitcoin Squeezes to $35.5K as 'Mini Altcoin Season' Lifts Crypto Market Cap to $1.3 Trillion

Capital rotation from bitcoin to altcoins accelerated further but steady inflows into BTC funds compensated, one analyst noted.

CoinDesk Bitcoin Price Index on Nov. 7 (CoinDesk)

Markets

Ether Could Hit $3,000 as Soaring Network Activity Turns Token Deflationary

The Ethereum blockchain settled $250 billion of transactions last week, the highest since mid-March, underpinning ether's bullish outlook.

Digitally rendered Ethereum logo (Unsplash)

Markets

First Mover Americas: Bitcoin Ordinals Protocol Token Jumps 50%

The latest price moves in crypto markets in context for Nov. 7, 2023.

ORDI price chart (CoinGeko)

Markets

SHIB, DOGE Top Open Futures Rankings as Bitcoin Rally Spurs Risk-Taking

SHIB and DOGE have seen highest percentage growth in futures open interest since Nov. 1, outshining bitcoin and ether in a sign of increased investor risk appetite in the crypto market.

DOGE Meme shiba inu (Atsuko Sato)

Markets

Bitcoin’s Role as ‘Digital Gold’ Will Aid Further Demand, Traders Say

Traders continue to point out bitcoin’s supposed role as ‘digital gold,’ amid economic headwinds in the U.S., as a possible price catalyst.

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