Cryptocurrency Analysis and News Portal
Good morning, Here’s what’s happening this morning:Market moves: Bitcoin soared past $69K before dropping below $65K.Technician’s take: Intraday charts are showing initial signs of upside exhaustion.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $64,626Ether (ETH): $4,613Market movesBitcoin faced a pullback below
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The popular candies and collectibles company Topps has announced the launch of its 2021 Topps NOW MLB World Series non-fungible token (NFT) collection, following the firm’s second series 2021 Topps Baseball NFT collection. Similar to the company’s past NFT drops, Topps is utilizing the Avalanche blockchain network for the new
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Robinhood had a net loss of $1.32 billion this past quarter, recording a plunge of 78% in revenue from crypto transactions from 2Q. Their shares dropped 12% to $34.80 at 9:46 a.m. in New York, $38 below the IPO price in late July, Bloomberg reported. Robinhood Markets Inc. shares down to
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Bitcoin (BTC) fell sharply on Oct. 27 as $60,000 finally gave way to two-week lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bites into major buy walData from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $58,000 at the time of writing, hitting its lowest since Oct. 15.The move follows multiple retests
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Bitcoin (BTC) can return to $50,000 and still not violate an overall "bullish thesis" after breaking all-time highs, fresh research argues.In its latest market update on Oct. 22, crypto trading platform Decentrader argued that after hitting and retracing from $67,000, there was no reason to be bearish on Bitcoin."No significant
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On Friday, the Valkyrie Bitcoin Strategy Exchange-Traded Fund (ETF) launched on Nasdaq under the ticker BTF and dropped in value not too long after the ETF first came out of the gate. The second bitcoin ETF to launch in the United States followed bitcoin’s spot price movements on Friday, as
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The ProShares Bitcoin Strategy ETF (NYSE: BITO) had significantly higher trading volume over the past two days relative to other large exchange-traded funds (ETF). This reflected strong investor demand for BITO, an ETF focused on bitcoin futures, and achieved nearly $1 billion in assets in just its second day of
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Chinese online retail giant JD.com is diving into the nonfungible tokens, or NFTs, industry by introducing a special NFT series for its annual JD Discovery conference.Using its proprietary blockchain platform, JD.com will be distributing commemorative NFT certificates to attendees of the JDD 2021 event in Beijing, the Chinese new agency
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“We have determined not to pursue the launch of a Bitcoin futures ETF in the immediate near-term; however we will continue to work in partnership with Galaxy Digital to offer investors full shelf of products with exposure to this transformative asset class, including pursuing a physically backed, digital asset ETF,”
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The Lobkowicz NFTs will feature historic pieces that tell stories digitally and will include a painting with a hidden story and a musical piece that has been unheard for 250 years. That piece was composed by Anna Maria Wilhelmina Althann, the wife of Philipp Hyacinth, who was a prince during
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