CME futures open interest nears all-time high with 165k BTC, signaling a maturing and stable market. Bitcoin Futures open interest is nearing all-time highs, currently valued at approximately 478k BTC ($31.8 billion). Open interest in cash-margined futures has reached an all-time high of 384k BTC ($25.5 billion), driven primarily by institutional activity on the CME....

BTC has moved past Tuesday's high-volume bearish reversal level. BTC has moved past Tuesday's high-volume bearish reversal level. The breakout shifts focus to resistance at $70,000. FOR MORE DETAILS PLEASE CLICK HERE!

Ether has outperformed bitcoin in just seven of the last 23 months. Bitcoin dominance reaches a new cycle high of 58.91%, a level last seen in April 2021. A major factor in rising bitcoin dominance is ether's relative underperformance. FOR MORE DETAILS PLEASE CLICK HERE!  

The latest price moves in crypto markets in context for Oct. 16, 2024. This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. FOR MORE DETAILS PLEASE CLICK HERE!  

On-chain data shows wallets associated with Elon Musk's electric car company have been emptied. Wallets associated with Elon Musk's Tesla have moved $760 million worth of bitcoin (BTC). The funds were moved to unknown wallets. Tesla is the fourth-biggest bitcoin holder among public companies. FOR MORE DETAILS PLEASE CLICK HERE!  

Traders seek upside exposure in BTC even as FX option indicate a bias a bullish bias for the dollar index. Options show a bullish near-term bias for BTC and USD. Rising odds of a potential Trump victory have galvanized demand for BTC upside exposure. FOR MORE DETAILS PLEASE CLICK HERE!

Digital assets have emerged as an alternative investment class for private wealth in Asia, with 76% of family offices and high-net-worth individuals investing in cryptocurrencies versus 58% in 2022. A notable 76% of family offices surveyed during the second half of this year have crypto exposure, according to a report authored by Aspen Digital. DeFi, AI, and DePin are key areas of...

The electric carmaker moved its stash of BTC to new wallets earlier this week, sparking speculation on why it may have done so. Some bitcoin traders were spooked as Tesla on Wednesday moved its BTC stash for the first time in over two years. So far, though, none of the bitcoins have apparently made it to exchange wallets or were swapped for stablecoins. Here's some reasons...

Uniswap joined Hedera as an underperformer, falling 3.9%. CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2035.65, down 1.1% (-22.14) since 4 pm ET on Wednesday. Three of 20 assets are trading higher. Leaders: APT (+1.9%) and LTC...

Historical data suggests when the bitcoin circulating supply in profit is over 94% we tend to see a sell-off due to profit-taking. The last time the DXY index was above 103, it was during the Yen carry trade unwind back on Aug. 5 when bitcoin dropped to $49,000. Over 94% of the bitcoin circulating supply is now sitting in profit, historical data tell us profit-taking should...

The latest price moves in crypto markets in context for Oct. 17, 2024. This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. FOR MORE DETAILS PLEASE CLICK HERE!  

The proposed department, abbreviated as D.O.G.E, will seek to make government spending of taxpayer money more efficient while streamlining departments that handle spending. Elon Musk discussed plans for a "Department of Government Efficiency" (D.O.G.E), leading to a 7% surge in Dogecoin's price, pushing it over 13 cents for the first time since late July. Musk's backing of Trump...