Bitcoin BTC$82,585.21the leading cryptocurrency by market value, experienced a brief flash crash at 7:34 UTC on Hyperliquid, plunging from $83,307 to $80,255 in a minute only to rebound just as quickly to $83,000. During this interval, Hyperliquid saw five accounts liquidated, each worth $10 million, with the largest liquidation amounting to $36.78 million, according to […]
Suffers from flash crash to $80,000 on Hyperliquide Read More »
Bitcoin extended its November slump on Friday, slipping below $85,000 for the first time since April, as a cascade of leveraged liquidations and a sense of collapse deepened what is shaping up to be the worst monthly pullback since the crypto winter of 2022. BTC briefly touched $81,600 before settling near $84,000, erasing its year-to-date
Will Bitcoin fall below $80,000 today as crypto bulls see $1.7 billion liquidations Read More »
Bitcoin in 11th place BTC$85,533.71 U.S.-listed exchange-traded funds (ETFs) collectively saw outflows totaling $3.79 billion, the largest on record and surpassing the previous peak in outflows of $3.56 billion in February. BlackRock’s Bitcoin ETF IBIT, the world’s largest exchange-traded fund, has seen redemptions exceeding $2 billion this month, according to data source SoSoValue. On Thursday
BTC ETFs See Record Outflow of $3.79 Billion in November Read More »
Bitcoin BTC$85,533.71 is not the only asset to be beaten this quarter. The Japanese yen (JPY) is also down 157.20 per US dollar, a significant move for a major fiat currency, prompting foreign exchange traders to await intervention from the Bank of Japan (BOJ) to stem the decline. But why are we talking about FX?
The falling yen (JPY) is bullish for Bitcoin and risk assets. Where is it? Read More »
Solana American spot GROUND$130.90 Exchange-traded funds (ETFs) extended their inflow streak to a 17th consecutive day on Wednesday, with no net withdrawals since they began trading on October 28. The funds added $48.5 million on Wednesday, bringing cumulative net inflows since inception to $476 million, according to Farside data. Wednesday’s influx was the second largest
17-Day Inflow Streak Signals Demand for Solana Token Read More »
In today’s “Crypto for Advisors” newsletter, Dovile Silenskyte, Director of Digital Asset Research at WisdomTree, breaks down crypto indices, what they are, and discusses key considerations. Next, in “Ask an Expert,” Eric Tomasewzki, financial advisor at Verde Capital Management, answers advisors’ questions about building crypto portfolios using indices. –Sarah Morton The Quiet Crypto Revolution: Index
The Quiet Crypto Revolution: Index Design Read More »
Japanese Prime Minister Sanae Takaichi’s office approved a multibillion-dollar stimulus plan on Friday, delivering on the new leader’s promise to pursue an expansionary fiscal policy. The stimulus package, worth 21.3 trillion JPY ($135.40 billion), includes general account spending of 17.7 trillion JPY, significantly higher than last year’s 13.9 trillion JPY, representing the biggest fiscal bazooka
BTC Dip Continues to Give After Japan Announces $135 Billion Stimulus Plan Read More »
Cryptocurrency exchange Kraken’s choice to move forward with a confidential IPO filing, just days after securing an $800 million raise, shows an exchange trying to capitalize on market dynamics as U.S. regulators move toward clearer crypto rules. This timing surprised some market observers, as the company’s recent capital raise implied a strong private market valuation
Why the stock market wants to go public now Read More »
Bitcoin extended its decline Friday morning Hong Kong time, falling below $85,500, according to CoinDesk data, as the market absorbed a fresh wave of selling pressure and another shift in global rate expectations. The drop leaves BTC down more than 7% in the past 24 hours and more than 20% in the past month, outpacing
BTC Falls Towards Half Of $80,000 As Market Structure Weakens Late Year Read More »
Hello, Asia. Here’s what’s making news on the markets: Welcome to Asia Morning Briefing, a daily summary of the top news stories during U.S. business hours and insight into market movements and analysis. For a detailed look at US markets, check out CoinDesk’s Crypto Daybook Americas. Zcash ZEC$663.06 has been one of the best performers
Why is the ZEC increasing? This metric can explain it Read More »
