Markets


Markets

BTC Tumbles Below $42K, Coinbase and Miners Plunge as Bitcoin ETF Mania Becomes 'Sell the News' Rout

Previous landmark events such as Coinbase's stock exchange listing and ProShares' futures-based bitcoin ETF debut happened near market tops.

Bitcoin price Jan. 12, 2024 (CoinDesk)

Markets

First Mover Americas: Franklin Templeton's Bitcoin ETF Becomes the Cheapest

The latest price moves in crypto markets in context for Jan. 12, 2024.

A user examines prices on a mobile phone while looking at a graph on a laptop

Policy

Bitcoin ETFs Too Small to Affect Broader Investment Landscape, Moody’s Analysts Say

The exchange-traded funds will allow better access to bitcoin through regulated entities and draw institutional investors, but the crypto is still a very small asset class, CoinDesk was told.

Moody's website

Markets

Bitcoin Briefly Tops $49K Before Selling Off as ETF Trading Frenzy Commences

Cryptocurrency-focused stocks such as Coinbase and bitcoin miners are also down significantly since Thursday's market open.

Bitcoin price index (CoinDesk)

Markets

Bitcoin ETF Approval Is Historic Moment for BTC, Miners: Analysts

Mining stocks represent an attractive opportunity for investors looking to gain access to the long-term bitcoin adoption trade, the analysts wrote.

Bitmain Antminer S19 Hydro mining rigs, the company's latest technology, installed at a Merkle Standard facility in Washington state. (Eliza Gkritsi/CoinDesk)

Markets

First Mover Americas: Grayscale's Is the First ETF to Begin Trading

The latest price moves in crypto markets in context for Jan. 11, 2024.

Michael Sonnenshein (CoinDesk)

Markets

Ether ETF Hopes Drive Smart Money Bets After Historic Bitcoin ETF Approval

Bets on Ethereum tokens may spark a reversal of fortunes for ETH investors, especially as the token underperformed bitcoin in 2023.

SEC logo (Nikhilesh De/CoinDesk)

Markets

Bitcoin ETF Frenzy Brings Windfall Volume to Decentralized Predictions Platform Polymarket

Polymarket saw betting contracts worth more than $5.7 million change hands on Wednesday.

Bitcoin ETF frenzy drives volume growth on prediction markets. (Obsahovka/Pixabay)

Markets

Aave Community Votes To Integrate PayPal’s Stablecoin

Majority of token holders favor onboard PYUSD in AAVE's Ethereum pool, the ongoing vote shows.

Aave is the Finnish word for ghost (Metis)

Opinion

Bitcoin ETFs Approved: The Industry Reacts

In a milestone for crypto adoption, the SEC today gave the green light to the trading of Bitcoin exchange-traded funds (ETFs). CoinDesk rounded up reaction from across the crypto industry to the news.

SEC Chair Gary Gensler (Alex Wong/Getty Images)

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