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Markets
Solana's SOL Could Hit $200 By Month End, Hedge Fund Founder Says
The fifth-largest cryptocurrency is benefitting from multiple catalysts, including bustling meme coin and DeFi activity, upcoming network upgrade and increasing interest in restaking arriving to the ecosystem.
Ether Bears Hit a Brick Wall as Price Collides With Bull-Market Trendline
Ether's sell-off has stalled at an upward-sloping trendline, characterizing the rally from October lows.
Fantom Outperforms CoinDesk 20 Over Past Week as TVL Jumps
FTM has gained 13% in the last week, and total value locked in Fantom briefly hit $200 million.
Institutions Still Skeptical of a Near-Term Bitcoin Price Rally, CME Options Data Show
The higher implied volatility for short-dated puts suggests investors are willing to pay a premium for downside protection, CF Benchmarks said.
As a Pension Embraces Bitcoin, Hope Grows for Cryptocurrency's Long-Term Prospects Even Among Conservative Pros
Wisconsin's state pension put $160 million into BlackRock and Grayscale's Bitcoin ETFs, showing even risk-averse investors are able to embrace crypto and possibly presaging a "slowly building wave of demand."
Ether-Bitcoin Ratio Slides to Lowest Since April 2021. Here's Why
"Ether is a 'lightning rod' for negative sentiment from crypto native and external players and has several weak spots," one observer said.
Bitcoin Traders Expect Prices to Hit $74K Highs as Selling Pressure Eases
One trading desk has seen an uptick in call buying activity with targets of as high as $120,000 for December 2024.
CME Looks to Take On Binance and Coinbase, Could Launch Spot Bitcoin Trading: Report
The CME is already the top bitcoin futures exchange by open interest, while the offshore, non-regulated Binance dominates the spot market.
Bitcoin Has Best Day in 2 Months as Markets Anticipate a ‘Summer of Easing'
The net percent of global central banks cutting rates is increasing in a positive sign for risk assets, including cryptocurrencies.
Bitcoin Hits $66K as Soft Inflation Data Sparks Crypto Rally
Sluggish U.S. retail sales and softer inflation reports have opened the way for the next leg up in the crypto rally, Swissblock said.
