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Markets

Martin Shkreli Says He Is Behind Trump-Linked DJT as ZachXBT, GCR Start Poking Around

The young token made waves in the crypto community over its supposed status as the “official” Trump token. Turns out one of X's biggest loudmouths was behind its issuance.

Former pharmaceutical executive Martin Shkreli on the left points as he exits a courthouse (Drew Angerer/Getty Images)

Markets

Dogecoin Bulls See $60M Liquidations in Biggest Hit Since 2021

Over $400 million in crypto longs were liquidated in the past 24 hours as major tokens slid as much as 10%.

Dogecoin futures set open interest record (Minh Pham/Unsplash)

Markets

Dogecoin, Solana Lead Crypto Majors Plunge as Bitcoin Falls Below $66K

The lack of immediate catalysts to prop up markets in the near-term are likely weighing down token prices, one trader said.

Bitcoin plunges below $40K (Eva Blue/Unsplash)

Markets

Bitcoin Traders See Short-Term Bearish Target at $60K as Miners Pare Holdings

Persistent testing of the lows sets the bears up for quick success with their next target at $60,000, one trader said.

A bear waving. (Hans-Jurgen Mager/Unsplash)

Markets

Bitcoin ETFs See $226M Outflows Led by Fidelity’s FBTC

BlackRock’s IBIT was the only ETF posting a net inflow on Thursday, while most of the funds recorded outflows.

Heavily shorted crypto stocks like MicroStrategy could be poised to shoot up. (Mediamodifier/Pixabay)

Markets

Early Buyers of Andrew Tate’s DADDY Meme Coin Apparently Sitting on $45M in Unrealized Value

There is no evidence to show Tate sold tokens from his doxxed wallets, but some supposed “insider” buying activity before the token’s promotion on X shows too much of the token in too little hands.

Ledn's Mauricio Di Bartolomeo argues that the crypto lending industry can rebuild trust following a disastrous 2022. (Mathieu Stern/Unsplash, modified by CoinDesk)

Markets

Bitcoin ETFs See $200M Net Outflows in Fed, CPI Jitters

The eleven ETFs recorded $200 million in net outflows on Tuesday, the highest since May 1 figures of $580 million.

Scrabble letters spelling ETF arranged a rack

Markets

Bitcoin ETFs See $65M Net Outflows on Monday, Breaking 19-Day Record Streak

Grayscale’s GBTC saw $40 million in outflows, the most among its counterparts, while Bitwise’s BITB led inflows at $7.6 million.

Heavily shorted crypto stocks like MicroStrategy could be poised to shoot up. (Mediamodifier/Pixabay)

Markets

Meme Sector Sees Sharp Sell-off as GameStop Losses Extend to 60%

A Solana meme parody of the actual company was down 25% in the past 24 hours, with steep losses across other meme tokens that tended to move in tandem with GameStop.

(H. Armstrong Roberts/ClassicStock/Getty Images)

Markets

Bitcoin Bags $2B Inflows, Ether Sees Highest Institutional Buying Since March

One trader expects ETH prices to hit $10,000 in 2024, a nearly 200% increase from current levels of $3,600.

(engin akyurt/Unsplash)