First Mover Americas: The Launch of Bitcoin ETF Options Could Mark a Significant Change.
Crypto Market Update – November 19, 2024 This article appears in First Mover, CoinDesk’s daily newsletter, providing context to the latest price movements in the cryptocurrency market. Subscribe to receive…
JPMorgan: Bitcoin Mining Economics Strengthened During Early November
Bitcoin mining profitability experienced a significant boost in early November, with hashprice rising 29% since October’s close, according to a recent JPMorgan report. The surge in hashprice—an indicator of miner…
MARA Holdings Increases Size of Convertible Notes Offering by $150M Amid Exceptional Investor Demand.
MARA Holdings Upsizes Convertible Notes Offering to $850M, Eyes Bitcoin Expansion and Debt Repayment MARA Holdings (NASDAQ: MARA), the second-largest publicly traded bitcoin holder, has boosted its planned convertible note…
SOL Looks to Outperform BTC as Solana-Based DEXs Achieve $41B in Record Trading Volume: Godbole
Solana (SOL) is gaining momentum, showing signs of outpacing Bitcoin (BTC) as its trading volumes soar and technical indicators turn bullish. SOL/BTC Technical Breakout Signals a Bullish Shift The SOL/BTC…
Donald Trump’s Media Venture Eyes Bakkt in Possible Crypto Exchange Deal
Trump Media Group Nears All-Stock Deal to Acquire Crypto Exchange Bakkt Trump Media and Technology Group (TMTG), the parent company behind Truth Social, is in advanced talks to acquire the…
Ether’s Fall from Favor: What’s Driving the Shift?
limiting its immediate impact on ether’s price performance. Despite these challenges, ETH could still benefit from bitcoin’s strength. A continued rally in BTC might pull ETH higher, potentially pushing it…
$100K Bitcoin Is Within Sight, Yet Market Volatility Raises Blow-Off Top Concerns.
Bitcoin Eyes $100K, But Analysts Warn of Potential Short-Term Setback Bitcoin (BTC) is edging closer to the elusive $100,000 mark, with recent gains pushing it past $93,000, sparking renewed optimism…
Market Awaits Possible Spot Bitcoin ETF Options Trading Tomorrow
Nasdaq could kick off options trading for spot bitcoin ETFs as soon as Tuesday, marking a significant step forward for institutional adoption in the crypto market. “We’re ready to list…
Is Congressional Approval Necessary for a Strategic Bitcoin Reserve? Experts Disagree on the Path Forward.
The U.S. government’s existing bitcoin holdings of over 208,000 BTC, valued at approximately $19 billion, raise the question: Could the government establish a formal bitcoin reserve? The answer largely depends…
XLM Surges 73.2% Over the Weekend, Driving Strong Performance in CoinDesk 20 Index
The CoinDesk 20 Index surged by 6.5% over the weekend, with most cryptocurrencies making notable gains. Currently, the CoinDesk 20 stands at 2,909.54, reflecting a 6.5% increase (+178.81) from Friday’s…
