Bitcoin cratered almost 10% below $41,000 early Wednesday around the time Matrixport’s report about warning of a spot BTC ETF decline, but it was more likely due to a leverage flush as the market overheated, a K33 analyst said in an interview. Author: Krisztian Sandor
Archives for January 2024
Arbitrum Token Sets Record High as Value Locked Crosses $2.5B
Transaction volumes on the network overtook those for Solana-based applications, which boomed after a meme coin-led frenzy in December. Author: Shaurya Malwa
Michael Saylor Commences Plan to Sell $216M Worth of MicroStrategy Stock Options
Saylor said in an earlier earnings call that he will use the proceedings to meet personal obligations and buy additional bitcoin to his personal account. Author: Krisztian Sandor
Coinbase Buckles 10% as Crypto Stocks Falter Despite Bitcoin Topping $45K
The decline happened as bitcoin spiked above $45,000 during the day as traders anticipate an imminent spot BTC ETF decision in the U.S. Author: Krisztian Sandor
First Mover Americas: Bitcoin Tops $45K for First Time in 21 Months
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Author: Lyllah Ledesma
