Markets

U.S. Investors Are Driving Bitcoin’s Price Surge as Institutional Demand Rises
BTC price gains and trading activity have mostly concentrated during U.S. market hours, according to K33 Research.

Bitcoin, Ether Hold Steady as Investors Shrug Off Upbeat Economic Data, Rekindled Inflationary Concerns
Risk markets appear to have already priced in rate hikes, and remained largely unstirred by today’s unexpectedly strong economic data.

CME Group Announces Plans to Launch ETH to BTC Ratio Futures
The futures will be cash-settled, the derivatives exchange said.

First Mover Americas: Coinbase Responds to the SEC’s Lawsuit
The latest price moves in crypto markets in context for June 29, 2023.

CoinDesk Indices Smart Contract Platform Highlights the Difference Between Bitcoin and Ether Performance
Stablecoin supplies on smart contract platforms continue to trend downward, but the smart contract index has maintained a solid performance.

Bitcoin Drops Below $30K as Altcoins Tumble; BTC Dominance Reaches 26-Month High
Bitcoin's market cap composes 52% of the total crypto market, its highest level since April 2021.

First Mover Americas: First Leveraged Bitcoin ETF in U.S. Trades $5.5M on Day One
The latest price moves in crypto markets in context for June 28, 2023.

MicroStrategy's Bitcoin Purchases Tend to Be Short-Term Negative for Prices, Research Shows
Past data shows bitcoin tends to drop 2% on the day MSTR announces new purchases.

CFX Drops 6% After Conflux Network Says DWF Labs Bought $18M of Its Tokens
Conflux token's dour reaction is consistent with the prevailing investor disinterest in alternative cryptocurrencies.

Azuki NFT Prices Slide 44% After Creator Releases 'Basically Identical' Elementals
Elementals became the most-hyped and largest NFT offering in recent months, but community reaction has been critical.

