This piece first appeared in First Mover, the daily briefing from CoinDesk that deciphers the latest ripples within crypto markets. Get it delivered straight to your mailbox every day by subscribing. Market Snapshot CoinDesk 20 Index: 1,968, climbing by +2.8% Bitcoin (BTC): $61,253, a 3.0% uptick, currently valued at $111,495.39 per BTC Ether (ETH): $2,638,…
Markets are evenly divided over the Federal Reserve’s next rate cut, assigning roughly a 50% probability to either a 25 or 50 basis points reduction this Wednesday. Bitcoin retreats from the $60,000 mark as the Fed’s uncertain policy direction weighs on investor sentiment. In an unusual twist, the upcoming week finds financial markets caught in…
Rolling into your daily dose of Asia Morning Briefing: a curated wrap-up of critical events unfolding during U.S. trading hours, coupled with market insights and commentary. For a more granular dig into U.S. market action, check out CoinDesk’s Crypto Daybook Americas. While last month’s U.S. spotlight dazzled around the GENIUS Act and Circle’s (CRCL) headline-making…
In a rollercoaster ride, Bitcoin blasted beyond $89,000 before retreating to around $87,000, triggering futures liquidations surpassing $600 million on both bullish and bearish bets. This wild price gyration marked the most intense turbulence since BTC briefly touched above $73,000 earlier this year. Altcoins such as DOGE, SOL, and APT suffered hefty futures wipeouts, with…
After another robust day of inflows, IBIT’s latest filings reveal it held a whopping 195,985 bitcoins as of Friday. In contrast, MicroStrategy’s public disclosures, dated February 26, report a slightly smaller stash of 193,000 tokens. Earlier this week, MicroStrategy rolled out a $700 million capital raise, explicitly aimed at snapping up additional bitcoin, hinting that…