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Markets

Bitcoin's Drop on Thursday Spurred Panic Sales Among Short-Term Holders: Van Straten

Over $2 billion worth of bitcoin was sent to exchanges at a loss on Thursday, the most since August's yen carry trade unwind, as bitcoin fell below $70,000.

By James Van StratenNov 1, 2024

Bitcoin's Drop on Thursday Spurred Panic Sales Among Short-Term Holders: Van Straten

Policy

Inspired by Trump, Florida Official Eyes State Bitcoin Stockpile for Retirees

Citing presidential candidate Donald Trump's remarks on a U.S. strategic crypto reserve, Florida Chief Financial Officer Jimmy Patronis is pushing the idea for state pension funds.

By Jesse HamiltonOct 30, 2024

Inspired by Trump, Florida Official Eyes State Bitcoin Stockpile for Retirees

Markets

Arthur Hayes' Maelstrom Hedges U.S. Election Uncertainty With Staked USDe, Holds Large BTC, ETH Bullish Bets

"Given the uncertainty, Maelstrom has 5% of the fund in staked USDe (Ethena USD), earning roughly 13%," Hayes told CoinDesk.

By Omkar GodboleOct 28, 2024

Arthur Hayes' Maelstrom Hedges U.S. Election Uncertainty With Staked USDe, Holds Large BTC, ETH Bullish Bets

Markets

Crypto Rally Foiled by Report of DOJ Probe of Tether

Bitcoin appeared poised to make another run at $70,000, but a WSJ story of a criminal probe into the stablecoin issuer sent prices tumbling.

By Stephen AlpherOct 25, 2024

Crypto Rally Foiled by Report of DOJ Probe of Tether

Markets

Gold Rally Needs to Pause for Bitcoin Price to Break All-Time High, Data Suggests

In the past seven days, over 1 million ounces have gone into gold ETFs, the biggest inflow since October 2022.

By James Van StratenOct 24, 2024

Gold Rally Needs to Pause for Bitcoin Price to Break All-Time High, Data Suggests

Markets

Bitcoin Hashrate Hits All-Time High as Publicly-Listed Miners' Share of the Network Peaks

Bitcoin's seven-day moving average (7DMA) hash rate surpassed 700 EH/s for the first time, marking a 13% increase since April's halving.

By James Van StratenOct 21, 2024

Bitcoin Hashrate Hits All-Time High as Publicly-Listed Miners' Share of the Network Peaks

Markets

Global Bitcoin ETPs Register Biggest Seven-Day Inflow Since July

In the past four trading days, Bitcoin ETFs have purchased around 48 days of the mined bitcoin supply.

By James Van StratenOct 18, 2024

Global Bitcoin ETPs Register Biggest Seven-Day Inflow Since July

Markets

Ongoing Profit-Taking Could Slow Bitcoin's Move to Record High

Historical data suggests when the bitcoin circulating supply in profit is over 94% we tend to see a sell-off due to profit-taking.

By James Van StratenOct 17, 2024

Ongoing Profit-Taking Could Slow Bitcoin's Move to Record High

Markets

Bitcoin Demand Surges in Bullish Catalyst That May Drive BTC Price to $70K

Technical indicators point to a price surge, and Polymarket bettors have their money on BTC passing $70K this month.

By Shaurya Malwa, Sam ReynoldsOct 17, 2024

Bitcoin Demand Surges in Bullish Catalyst That May Drive BTC Price to $70K

Markets

Bitcoin Jumps to Just Shy of $68K Before Quick Plunge Lower

Digital assets are finally beginning to pay attention to not just the growing chance of a Trump victory in November, but also a GOP sweep, said Standard Chartered's Geoff Kendrick.

By Stephen AlpherOct 15, 2024

Bitcoin Jumps to Just Shy of $68K Before Quick Plunge Lower

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