Markets

Markets

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Bitcoin Little Changed This Week as Broader Crypto Gauge Sheds 1.6%

The theme of relatively flat prices continued as July turned to August.

(Getty Images)

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First Mover Americas: Upbit Moves Up to No. 2 in Spot Trading Volume

The latest price moves in crypto markets in context for August 4, 2023.

Upbit-logo (CoinDesk Archives)

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Bitcoin Holdings on OTC Desks Decline 33%: Glassnode

Over-the-counter desk balances are widely considered a proxy for institutional activity. Still, caution is warranted when drawing conclusions.

BTC OTC desk balance (Glassnode)

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Bitcoin Wobbles at $29K as XRP Leads Altcoin Losses; SHIB, Helium Gain

Cryptocurrency markets sold off Friday afternoon as equity markets gave up early gains and closed the day in red.

Bitcoin returns to $29K (CoinDesk Indices)

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Bitcoin Remains Unmoved by Rise in Jobless Claims, Treasury Rates

Treasury yields hit 10-year highs, sounding a note of potential caution for risk markets, cryptocurrencies, but bitcoin continued to be unstirred by macro events.

(Getty Images)

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First Mover Americas: Justice Department May Charge Binance With Fraud: Report

The latest price moves in crypto markets in context for August 3, 2023.

Department of Justice (Getty Images)

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Litecoin Plunges 6% to Fresh Monthly Lows on Halving Day

Historically, LTC has tended to peak ahead of its halving event, at which miner rewards are slashed by 50%.

LTC daily price (CoinDesk)

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Bitcoin Sees Little Boost From Fitch Downgrade, Slumps on Binance Contagion

Correlations between movements in the crypto and stocks have turned negative of late.

(Danny Nelson/CoinDesk)

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Bitcoin ETF Approval Odds Just Got Better: Bloomberg Analysts

They now see a 65% chance a U.S. spot bitcoin ETF will launch this year, up from 50% previously.

Graph superimposed over a markets monitor

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First Mover Americas: Race for Ether ETFs Kicks Off With 6 Asset Managers Filing

The latest price moves in crypto markets in context for August 2, 2023.

(Jonathan Chng/Unsplash)