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Markets
First Mover Americas: GBTC Discount Continues to Narrow; Reddit’s Crypto Tokens Plummet
The latest price moves in crypto markets in context for Oct. 18, 2023.

Ether Could Continue to Underperform Bitcoin as U.S. Bond Market 'Dis-Inversion' Resumes
The spread between yields on 10-year and three-month Treasury notes has resumed the recovery toward zero. Ether has a strong inverse correlation with the yield spread than bitcoin.

First Mover Americas: FTX Proposes Returning Up to 90% of Customer Funds
The latest price moves in crypto markets in context for Oct. 17, 2023.

Crypto Day Ahead: U.S. Retail Sales Data to Test Dollar Buoyancy
Soft data would challenge the "U.S. exceptionalism" story and may hurt the dollar, paving the way for a positive bitcoin price action.

Bitcoin Above $28K Buoyed by California ‘BitLicense’ Bill Being Signed
The broader crypto market returned just over 1.24% on average in the past 24 hours, CoinDesk Market Index shows.

Bitcoin's Rising Dominance Rate Challenges Altcoin Boom From 2021
Bitcoin's dominance rate (index), which measures the top cryptocurrency's share in the total crypto market, touched a 2.5-year high of 52.45% on Monday.

First Mover Americas: Bitcoin Spot ETFs Inch Closer to Reality in U.S.
The latest price moves in crypto markets in context for Oct. 16, 2023.

GameFi Token BIGTIME Rallies 250% in First Week; Analysts Raise Supply Concerns
BIGTIME debuted on select exchanges, including OKX and Coinbase, last Wednesday.

Bitcoin Gains Spark Bullish Call of ‘$15T Asset;’ BTC Forks Jump
One bull said bitcoin is “more valuable than gold” and will become a $15 trillion asset.

Investor Demand for Ether Staking Yields Has Slowed: Coinbase
Staking yields have dropped to 3.5% from above 5% in the last few months, the report said.
