GBTC Discount Continues to Narrow as Investors Await ETF Conversion Decision
The fund’s shares have traded at a discount to NAV since December 2021. Original Source
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Q4 Tumble, ETF Battles, Mt. Gox Drama, And Economic Shivers Await
In a recent legal win for Grayscale against the US Securities and Exchange Commission (SEC), Bitcoin (BTC) soared to $27,000. However, the
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First Mover Americas: Bitcoin Clings to $26K as Investors Await Powell’s Speech
The latest price moves in bitcoin (BTC) and crypto markets in context for August 25, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Original Source
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Bitcoin (BTC) Flirts With $30K as Traders Await CPI
Bitcoin rose 2.3% in the past 24 hours to close to $30,000 as investors wait for July's Consumer Price Index, a gauge of inflation in the U.S., which is scheduled to be released on Thursday. Core inflation, which excludes volatile food and energy prices, is expected to come in at
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Bitcoin Holds Above $30K as Investors Await Historically Strong July, Eye Options Expiry
Meanwhile, bitcoin’s price as the market approaches Friday’s expiry of bitcoin options contracts could fuel an additional price increase, or send it spiraling in the immediate aftermath. “If bitcoin builds momentum above $30,000 as expiry approaches, dealers will buy the cryptocurrency in the spot and futures markets,” CryptoX Co-Managing Editor
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Bitcoin stays flat at $26K after PPL data as markets await Fed’s Powell
Bitcoin (BTC) stuck to $26,000 on June 14 as fresh United States macroeconomic data prints failed to move cryptocurrency markets.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewPPI offers Bitcoin bulls little fuelData from Cointelegraph Markets Pro and TradingView showed BTC/USD staying stubborn as Producer Price Index (PPI) data showed U.S.
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Bitcoin (BTC)Traders Await Federal Reserve Decision
Bitcoin (BTC) traders are taking a defensive stance ahead of Wednesday's meeting of U.S. Federal Reserve’s Federal Open Market Commitee (FOMC) meeting, with most expecting a “hawkish” pause, i.e., the central bank leaving interest rates unchanged while keeping the door open for future increases. The Fed is set to announce
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Bitcoin Seesaws Back Under $26K After CPI, as Investors Await Fed Rate Hike Decision
The U.S. central bank now seems increasingly likely to suspend its more than year-long campaign of interest rate hikes. An analyst flags recessionary concerns in a note to CoinDesk Original Source
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Virtual Reality Tokens Surge 8% as Traders Await Apple's VR Headset Release
Cryptocurrency's virtual reality sector has surged by almost 8% over the past 24 hours as investors anticipate Apple's VR headset reveal on Monday. Source
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Bitcoin Moves Sideways at $27.5K as Investors Await CPI Inflation Reading
Equities slid. Investors will be watching Wednesday's release of the April Consumer Price Index for clues about the Federal Reserve's next monetary policy decision. Source
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