Bitcoin Falls to $66K as Spot Bitcoin ETFs End Inflow Streak
Bitcoin retraces to $66K as spot Bitcoin ETFs break their inflow streak. Despite the launch of spot Ethereum ETFs, ETH remains sluggish. Meanwhile, Avalanche and FET declined the most, while PEPE and MKR saw gains.
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Markets
Oct. 29, 2024
Celestia's TIA Braces for Price Volatility Amid $900M Token Unlock
Some 175 million of locked up TIA will be released on Oct. 30 including to early investors, increasing the token's supply by 80%. The unlock may lead to "some pronounced effects," as the amount of released tokens is multiple times larger than t...
Markets
Oct. 29, 2024
Bitcoin Tops $73.5K, Climbing Just Shy of New Record High
Bitcoin on Tuesday pushed as high as $73,500, only about $300 below its all-time high set more than seven months ago. The world's largest crypto is now up nearly 75% year-to-date and has more than doubled from year-ago levels. The roaring succ...
Markets
Oct. 29, 2024
Crypto Stocks MicroStrategy, Coinbase and Marathon Post Just Modest Gains as Bitcoin Eyes Record High
Bitcoin is up 4.3% in the last 24 hours, rising to a five-month high. The top cryptocurrency benefited from $417 million in spot ETF inflows on Monday. Most crypto-related stocks have had big run-ups in recent weeks, perhaps leading to just te...
Markets
Oct. 29, 2024
Bitcoin Miner HIVE Poised to Double Its Hashrate by Next Year, Cantor Says Initiating Stock at 'Overweight'
HIVE Digital is expected to double its hashrate in the coming year, the report said. Cantor assumed coverage of the stock with an overweight rating and $9 price target. The broker said the market was underappreciating the company's prospects. ...
Markets
Oct. 29, 2024
First Mover Americas: BTC Jumps Above $71K, DOGE Leads Market Surge
This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices CoinDesk 20 Index: 2,144.30 ...
Markets
Oct. 29, 2024
Here Are Three Reasons Why Bitcoin Open Interest Set Record Highs as BTC Price Surge to $71K
Bitcoin futures' open interest on a one-day basis saw the biggest jump in 24 hours since June, an increase of over 20,000 BTC. Since Oct. 16, U.S listed spot ETFs have seen $2.7 billion of net inflows. Bitcoin {{BTC}}-tracked futures set a re...