Markets
First Mover Asia: Bitcoin Rises Amid Light Weekend Trading
Yet, bitcoin’s market dominance has been dropping as interest in altcoins soars; transaction fees on the Ethereum blockchain have been rising.
Market Wrap: Analysts See Further Upside in Ether as Bitcoin Stalls
BTC’s price has been roughly flat over the past week, compared with a 4% rise in ETH and a 23% rise in Solana’s SOL token over the same period.
Bitcoin Rangebound, Support Between $58K-$60K Could Stabilize Pullback
Downside appears limited into Asian trading hours.
This Diwali Season, Indians FOMO Over Shiba Inu
“The motivation to buy SHIB is to earn good profit in a short time,” one investor told CoinDesk.
Bitcoin Holds Support Above $60K, Pushes Back Toward All-Time High
Upside momentum is improving with seasonal strength in the fourth quarter.
Ether Reaches Record High of Over $4.4K as Shiba Inu Becomes a Leading ETH Burner
Coin burning refers to the process of removing tokens from circulation and is the crypto market’s equivalent of a stock buyback.
Play-to-Earn Squid Token Rockets 35,000% in 3 Days; Some Users Unable to Sell It
The token buys entry to an online game inspired by Netflix’s hit show, “Squid Game,” but Gizmodo noted several suspicious signs about it.
Bitcoin Dips Below $59K as Leverage Ratio, SHIB Rally Signal Excess Speculation
SHIB’s parabolic run has again coincided with a pullback in bitcoin’s price.
Bitcoin Holds Support, Bounces to $61.4K
A potential technical breakdown would expose a support level near $54,000.
CME Leveraged Funds Raise Bets Against Bitcoin to Record High as Futures Premium Spikes
Earlier this month, analysts had warned of renewed interest in cash and carry arbitrage.
