Category: Markets

Bitcoin Miners’ Market Cap Soared in September to Record High A number of these firms in recent months have shifted resources to high-powered computing. Mathew Di Salvo Go to decrypt.co

What the Government Shutdown Means for Pending Crypto ETFs The SEC halted review of applications for financial products amid the budget impasse that has shuttered the government. James Rubin Go to decrypt.co

Litecoin, Stellar Lead Altcoin Rally Following Bitcoin ‘Uptober’ Bounce Bitcoin’s seasonal “Uptober” rally has lifted the broader crypto market, triggering short liquidations and driving capital into older tokens. Akash Girimath Go to decrypt.co

Tron Inc. Shares Tumble 85% From June Peak Amid DAT Market Slump Experts Decrypt spoke with cite Tron Inc.’s 85% stock plunge as part of broader crypto treasury hype beginning to cool. Akash Girimath Go to decrypt.co

Solana ETF Approval Odds Now a Certainty, Eric Balchunas Says A Solana ETF may be nearing approval after changes to SEC procedures stripped away the old review timeline, one expert thinks. Akash Girimath Go to decrypt.co

Bitcoin ETFs End Four-Week Streak on Quarter-End Rebalancing: What’s Next? U.S. spot Bitcoin ETFs posted their first weekly outflow in over a month as quarter-end rebalancing triggered sharp redemptions. Akash Girimath Go to decrypt.co

What Will the Slowing Growth of Bitcoin, Ethereum Treasury Buys Mean for Markets? Waning accumulations are likely to continue weighing on prices with volatility remaining elevated, three analysts said. James Rubin Go to decrypt.co

$18 Billion in Bitcoin Options Set to Expire—Here’s What to Expect A record $18 billion Bitcoin options expiry today may spark delayed volatility as crypto markets brace for weekend moves, said analysts. Stacy Elliott Go to decrypt.co

Crypto Market Battles Sea of Red and Growing Fear, But HYPE Floats With Bitcoin standing still and the rest of the crypto market close to posting a red monthly candle, Hyperliquid’s HYPE is bucking the trend. Jose Antonio Lanz Go to decrypt.co

Rate Cuts, Options Expiry Put Bitcoin at a Crossroads Bitcoin’s rally faces a major test as $22 billion in options expire alongside a key U.S. inflation report. Akash Girimath Go to decrypt.co

FalconX Opens Door to Trading Ethereum’s Native Yield FalconX has launched the first forwards market tied to Ethereum staking yields, giving institutions a way to hedge the network’s native rate. Sebastian Sinclair Go to decrypt.co

US Dollar Bounces, Gold Pauses Rally: What’s Next for Bitcoin? Experts note that while Bitcoin is caught between macro headwinds, August’s Core PCE data serves as a possible key near-term catalyst. Akash Girimath Go to decrypt.co

Sam Bankman-Fried’s X Account Awakens, Sends FTT Token Soaring The unexpected post sparked questions about inmate communications as the FTX estate sues for $1.1 billion and prepares a $1.6 billion payout. Vince Dioquino Go to decrypt.co

Bitcoin’s Slump Widens Safe Haven Divergence for Gold Bitcoin’s lackluster performance as gold soars is leading to an increased divergence between the two assets. Here’s what could come next. Akash Girimath Go to decrypt.co

How Bitcoin Options Traders Are Positioning Amid the Crypto Market Rout Experts note that options traders are pricing in further downside this month, even after the largest long liquidation event on Monday. Akash Girimath Go to decrypt.co

BNB is Soaring: Here’s Where Analysts See It Headed Next BNB surged to a record high, buoyed by institutional demand, though analysts caution the rally may face a short-term pullback. Akash Girimath Go to decrypt.co

Why Publicly Traded Caliber Is Building a Chainlink Treasury Publicly traded firm Caliber is leaning into Chainlink, picking it over popular treasury assets like Bitcoin and Ethereum. Here’s why. Logan Hitchcock Go to decrypt.co

Public Keys: Alt Autumn Arrives, Kindly Investors Leave Bitcoin Stock, and Here Comes the SOL Crypto ETFs rush to market while Solana gets its first $1 billion treasury company in a week of major digital asset moves. Stacy Elliott Go to decrypt.co

MetaMask Ethereum Token: Traders Bet on Timing as Joe Lubin Hints at Imminent Drop After years of speculation, Consensys CEO Joe Lubin says MetaMask’s token is coming “sooner than you would expect.” Prediction markets remain cautious. Decrypt Staff Go to decrypt.co

Immutable Token Leads Gains Amid Broader Altcoin Rally ImmutableX has rallied after the Fed’s rate cut, with gaming partnerships, token rewards, and regulatory tailwinds lifting sentiment. Akash Girimath Go to decrypt.co

Where Is Bitcoin Headed Next Following Fed Chair Powell’s Remarks? After the Fed decision on Wednesday, analysts Decrypt spoke with were upbeat that Bitcoin would rise throughout the remainder of 2024. James Rubin,Mathew Di Salvo Go to decrypt.co

Avalanche and Hyperliquid Lead Crypto Rally Post-Fed Rate Cut Avalanche and Hyperliquid led gains on Wednesday as Bitcoin steadied near $117,000 after the Fed’s widely anticipated rate cut. Vismaya V Go to decrypt.co

XRP, BNB, and Hyperliquid Lead Crypto Gains Ahead of Crucial Fed Decision Layer 1 tokens take the lead ahead of today’s FOMC, with experts suggesting coin-specific narratives are influencing the run. Akash Girimath Go to decrypt.co

Bitcoin ETFs Record Strongest Inflows Since July, Push Holdings to New High Despite record inflows in Bitcoin products, highlighting investor demand, directional signals for Bitcoin remain mixed due to low volatility. Akash Girimath Go to decrypt.co

First XRP and Dogecoin ETFs Set for US Unveiling This Week—Here’s How XRP and Dogecoin exchange traded products are expected to debut this week, providing access to their underlying assets via Rex-Osprey ETFs. Logan Hitchcock Go to decrypt.co

Altcoin Leverage Surges as Traders Brace for Fed Decision Leveraged bets on altcoins are mounting ahead of the Fed’s rate decision, raising the risk of sharp price swings across crypto markets. Akash Girimath Go to decrypt.co

Native Markets Secures USDH Ticker Following Hyperliquid Governance Vote Native Markets secured the USDH ticker after Ethena’s withdrawal and validator backing, setting the stage for a phased rollout. Vince Dioquino Go to decrypt.co

Bitcoin, Ethereum Price Rally ‘Halfway’ as Options Traders Look to Year-End Push Despite September’s pullback, investors see scope for a year-end Bitcoin rebound on supportive macro trends and options flows. Akash Girimath Go to decrypt.co

Solana Surges Again as Galaxy Digital Buys Over $700 Million in SOL Solana hit its highest price since January on Friday, following massive Galaxy buys likely tied to a treasury firm. Simon Chandler Go to decrypt.co

Public Keys: Crypto IPOs Sizzle, Missing Gensler Texts Grizzle Gemini and Figure go public with billion-dollar valuations as tokenization heats up on Wall Street this week. Stacy Elliott Go to decrypt.co

Winklevoss Twins Call for $1 Million Bitcoin Price as Gemini Goes Public Tyler Winklevoss believes that Bitcoin will hit $1 million per coin in 10 years, just as the crypto entrepreneur’s exchange goes public. Mathew Di Salvo Go to decrypt.co

Bitcoin Briefly Swells to $116K as Macro Tailwinds Lift Trader Sentiment Bitcoin’s ascent is being driven by a lack of profit-taking, slightly cooler inflation data, and rate cut expectations, Decrypt was told. Akash Girimath Go to decrypt.co

DeFi Protocol Ondo Finance’s Token Soars Amid Tokenization Hype Ondo Finance’s token extended gains this week as investor enthusiasm for tokenized assets coincided with fresh signals from BlackRock. Akash Girimath Go to decrypt.co

Bitcoin Giant Strategy Dodges Another Lawsuit Alleging Accounting Wrongs A lawsuit alleging that Bitcoin treasury firm Strategy misled investors by not being transparent about an accounting rule has been scrapped. Mathew Di Salvo Go to decrypt.co

Futures Traders Flock to Ethereum as ETF Investors Rotate to Bitcoin Ethereum futures trading has surged as speculators pile in, even as institutional investors rotated capital into spot Bitcoin ETFs. Akash Girimath Go to decrypt.co

SEC Delays Decision on Grayscale’s Hedera Trust as Firm Updates Bitcoin Cash, Litecoin Filings The SEC has set a November deadline as it reviews Grayscale’s Hedera Trust alongside a growing list of crypto ETF applications. Vince Dioquino Go to decrypt.co

QMMM Stock Skyrockets Nearly 1,750% on Bitcoin, Ethereum, Solana Treasury Plan Digital advertising firm QMMM’s stock rose after it announced its intent to build a $100 million digital assets treasury. Logan Hitchcock Go to decrypt.co

Bitcoin, Ethereum Prices Stall, Where to Next? Bitcoin’s quiet start to the week could give way to turbulence as key U.S. economic data and the Fed’s decisions collide with expiring volatility contracts. Akash Girimath Go to decrypt.co

Metaplanet Acquires 136 More Bitcoin as It Races Toward 2026 Target Metaplanet has tripled its near-term goal and increased its 2026 objective nearly fivefold as Bitcoin’s institutional adoption rose. Vismaya V Go to decrypt.co

Solo Bitcoin Miner Gets Lucky, Scores $347K in BTC The lone miner earned 3.13 BTC mining block 913,632, marking the second independent mining success on the Bitcoin blockchain this month. Vismaya V Go to decrypt.co

Public Keys: Big ETH Stakes, AI Boost for Bitcoin Miners and 24/7 Trading ETH treasury firm SharpLink eyes Linea staking while regulators weigh 24/7 trading and Bitcoin miners hit record market cap highs via AI compute pivots. Stacy Elliott Go to decrypt.co

Solana Treasury Company SOL Strategies to Begin Trading on Nasdaq Canadian firm SOL Strategies, a Solana treasury and infrastructure firm, expects its shares to begin trading on the Nasdaq Exchange next week. Logan Hitchcock Go to decrypt.co

XRP Hits a Wall, Solana Slips, and Pump Puffs Its Chest: Analysis Crypto markets navigate mixed signals with XRP down and Solana slipping while Pump.fun’s PUMP gains amid Red September volatility. Jose Antonio Lanz Go to decrypt.co

Bitcoin May Gain as Dollar Drops and Bond Yields Climb, Experts Say A weaker U.S. dollar and rising long-term bond yields are fueling expectations that Bitcoin could see renewed gains, analysts say. Akash Girimath Go to decrypt.co

California’s $500 Billion Pension Fund Split Over Bitcoin Exposure Candidates were divided on crypto, despite the fund’s 410,596 shares in Strategy, valued at $166M, providing substantial Bitcoin exposure. Vismaya V Go to decrypt.co

Australian Retirement Funds Have ‘Missed the Rally’ in Crypto This Year Crypto surged into SMSFs in 2024 but has since plateaued, leaving digital assets a minor part of Australia’s retirement savings pool. Vince Dioquino Go to decrypt.co

Bitcoin Derivatives Traders Are Betting on Further Upside Despite September Risks Bitcoin traders remain hopeful but are hedging their downsides with some hinting a rate cut could dampen September’s bearish seasonality. Akash Girimath Go to decrypt.co

Bitcoin, Ethereum and XRP Hold Steady as ‘Red September’ Kicks Off The crypto market is trading sideways today as traders appear to be positioning for what is historically the worst month of the year for Bitcoin. Jose Antonio Lanz Go to decrypt.co

WLFI Token Falls on Debut as Governance Weighs Liquidity Fee Buyback Plan WLFI token holders are voting on a proposal to use liquidity fees for buybacks and burns, as the token slides on initial trading. Vince Dioquino Go to decrypt.co

Wall Street Sentiment Flashes Euphoria as Crypto Stalls U.S. stocks are flashing signs of investor euphoria even as crypto markets remain subdued, raising the risk of a spillover correction. Akash Girimath Go to decrypt.co

Key Economic Events to Watch This Week for Bitcoin Bitcoin’s outlook remains highly uncertain heading into September, with key macroeconomic data points that could shape Fed policy. Akash Girimath Go to decrypt.co

Why Eric Trump Thinks Bitcoin Will Hit $1 Million Eric Trump, son of U.S. President Donald Trump, shared why there’s “no question” to him that Bitcoin will rise to a price of $1 million. Logan Hitchcock Go to decrypt.co

‘Red September’ Is Coming—Here’s What to Expect From the Bitcoin Market Bitcoin has dropped 3.77% on average each September since 2013. With the month approaching, traders are already positioning for what could be another seasonal selloff. Jose Antonio Lanz Go to decrypt.co

There Are Now More Than 90 Crypto ETFs Pending SEC Approval, Led by XRP and Solana After flashing a green light for Bitcoin and Ethereum products, the SEC is facing a growing pile of applications for crypto ETFs. André Beganski Go to decrypt.co

Bitcoin Whale Sitting on $5 Billion Dumps More BTC to Buy Ethereum A wealthy Bitcoin holder is exchanging some of their long-held gains for Ethereum, swapping $216 million worth of BTC for ETH on Friday. Logan Hitchcock Go to decrypt.co

Ethereum Outpaces Bitcoin as ETF Inflows Top $1.2 Billion Amid Market Lull Ethereum’s institutional appeal is fueling ETF inflows and outperforming Bitcoin, even as broader crypto markets stall. Akash Girimath Go to decrypt.co

21Shares Seeks Launch of SEI ETF With Potential Staking Yield for US Investors The application follows Canary Capital’s May filing for SEI as fund managers pursue ETFs beyond Bitcoin, Ethereum. Vismaya V Go to decrypt.co

Bitcoin Price ‘Too Low’ as Volatility Dips, Institutional Interest Rises: JP Morgan Analysts wrote that BTC should be trading at $126,000 and could still reach that level by year’s end. Mathew Di Salvo Go to decrypt.co

Nvidia Tops Estimates, Stock Falls in After Hours on China Export Headwinds Nvidia beat Wall Street forecasts for Q2 and issued strong guidance, but the absence of China chip sales have weighed on investor sentiment. Sebastian Sinclair Go to decrypt.co

Thailand Taps KuCoin as First Global Exchange for Tokenized Bond Program KuCoin Thailand will handle subscriptions, redemptions, and listings alongside several other partners in a consortium, Vismaya V Go to decrypt.co

Will Ethereum Go Higher? Markets Remain Bullish: Analysis The price of Ethereum fell by more than 10% following its very recent all-time high. Prediction market data suggests it wasn’t enough to scare away the bulls. Jose Antonio Lanz Go to decrypt.co

Here’s What to Expect From Bitcoin in September as Network Activity Slows While Bitcoin’s rebound offers brief relief, slowing activity, ETF outflows, and weak seasonals point to a steeper dip, analysts say. Akash Girimath Go to decrypt.co

Bitcoin Sinks Below $110,000 as Fed Turmoil and Economic Data Loom Bitcoin fell below $110,000 as traders brace for U.S. economic data and political turmoil that could shape the Fed’s policy path. Akash Girimath Go to decrypt.co

What Bitcoin’s Weekend Dip Means for the Crypto Bulls A major Bitcoin seller’s weekend sell-off has triggered a flash crash, but experts believe the market outlook remains healthy and bullish. Akash Girimath Go to decrypt.co

Why Arthur Hayes Expects Ethereum to Surge to $20,000 Ethereum just hit a new all-time high on Friday, but BitMEX founder Arthur Hayes sees plenty more room for ETH to run. Here’s why. Logan Hitchcock Go to decrypt.co

Is Bitcoin’s 4-Year Cycle Over? Why BTC May Finally Break the Trend Bitcoin historically moves in four-year cycles—but some experts believe it could be different this time. Here’s why. Mathew Di Salvo Go to decrypt.co

Ethereum Hits All-Time High Price After Nearly 4 Years Ethereum set a new all-time high, breaking its previous 2021 record after Jerome Powell signaled the Fed would cut interest rates. Mathew Di Salvo,James Rubin Go to decrypt.co

VanEck Files to Launch ETF With Jito’s Liquid-Staked Solana Tokens The VanEck JitoSOL ETF filing comes after regulators determined earlier this month that liquid staking is not a securities transaction. Liz Napolitano Go to decrypt.co

Public Keys: Ethereum Treasuries Soar, Bitcoin ETFs’ $1 Billion Bleed, Crypto IPO Chatter Fed hints spark crypto rally as Bitcoin ETFs bleed $1B, but Ethereum bounces back. Plus, Figure Technologies is eyeing an IPO. Stacy Elliott Go to decrypt.co

Two Bitcoin Price Levels Sophisticated Traders Are Watching Out For Bitcoin traders are positioning cautiously, with options data suggesting a defensive tone and uncertainty around rate path guidance. Akash Girimath Go to decrypt.co

Kanye West Launches Token on Solana in Frenzied Debut Kanye West’s YZY token made a volatile debut on Solana, soaring past $3 billion before sliding under $1 billion in hours. Vince Dioquino Go to decrypt.co

Nasdaq Boots Windtree a Month After $700M BNB Treasury Pivot Fails to Lift Stock The drug developer turned digital asset treasury firm’s delisting comes as crypto-linked stocks face a broader market downturn. Vince Dioquino Go to decrypt.co

Bitcoin Options Traders Split Ahead of Fed’s Jackson Hole Meeting Bitcoin remains rangebound with options data showing divergent bets as traders aim to divine Powell’s tone ahead of Friday’s Jackson Hole meeting. Akash Girimath Go to decrypt.co

Ethereum Price at Two-Week Low as $4B Supply Overhang Looms Ethereum investors are de-risking ahead of macroeconomic uncertainty, but experts remain bullish despite the short-term uncertainty. Akash Girimath Go to decrypt.co

Bitcoin Treasury KindlyMD Closes $200 Million Raise to Buy More BTC The firm is among a growing list of companies that are looking to build their BTC holdings. Mathew Di Salvo Go to decrypt.co

Canary CEO Predicts Bitcoin Will Hit $150K This Year—But Ethereum Surge Won’t Last ETF inflows and institutional demand are driving Bitcoin’s rise, Canary Capital CEO Steven McClurg said—but he’s bearish on Ethereum. Jason Nelson Go to decrypt.co

Billions in Ethereum Waiting to Be Unstaked Could Add Sell Pressure to ETH: Analyst Ethereum stakers are lining up to withdraw their ETH, but the record queue could spell bad news for the coin’s recent price surge. Liz Napolitano Go to decrypt.co

Moon or Doom: Where Does XRP Price Go Next? Myriad traders are bullish on XRP, placing the odds at nearly 64% that the Ripple-linked token shoots for the moon. Do the charts agree? Jose Antonio Lanz Go to decrypt.co

Hot Inflation Clouds Fed Path, But Crypto Bulls Eye Q4 Liquidity Surge Crypto faces near-term headwinds from hot inflation data, but some say global liquidity trends could set up a year-end rally. Sebastian Sinclair Go to decrypt.co

Crypto Market Conditions ‘Exceptionally Strong’ as Bitcoin, Ethereum, XRP Advance Bitcoin’s record run underscores strong market underpinnings, though some warn optimism over Fed easing may be premature. Akash Girimath Go to decrypt.co

Ethereum ETF Inflows Outperform Bitcoin for the Third Day Straight Ethereum ETFs are attracting record institutional inflows, narrowing the gap with Bitcoin and intensifying upward price pressure. Vismaya V Go to decrypt.co

What Treasury Secretary Bessent’s Call for a 50bps Cut in September Could Mean for Crypto Bessent’s call for a half-point September rate cut follows soft jobs data and a mild inflation uptick, with crypto poised to benefit. Akash Girimath Go to decrypt.co

Solana and Chainlink Lead Crypto Rally With Double-Digit Gains Solana and Chainlink led broad altcoin gains after a softer inflation print fueled expectations of a Fed rate cut amid institutional demand. Vismaya V Go to decrypt.co

How Traders Are Positioning Bitcoin for This Week’s US Inflation Print Defensive positioning is building from crypto traders ahead of a highly anticipated U.S. CPI print as Bitcoin reverses course. Akash Girimath Go to decrypt.co

Ethereum Price Highest Since 2021 Amid Softer Dollar and US Policy Clarity Ethereum is riding on a softer dollar and rate-cut bets, with U.S. policy clarity, and steady ETF demand tightening exchange supply. Sebastian Sinclair Go to decrypt.co

Bitcoin Price Closes in on All-Time High as Traders Await Key Inflation Data Speculative positioning and macro tailwinds are driving Bitcoin’s momentum ahead of Tuesday’s inflation print. But how far can it run? Akash Girimath Go to decrypt.co

Public Keys: Coinbase’s Convertible, Core Combo Fight and Block’s Bitcoin Play This week on Public Keys: Coinbase’s $2 billion raise, Core Scientific’s merger battle, and Block’s Bitcoin treasury expansion. Stacy Elliott Go to decrypt.co

Bitcoin Advances After Trump Taps Bitcoin-Friendly Economist for Fed Role Trump’s nomination of a pro-Bitcoin economist is seen as a tilt toward looser policy, though some warn it could erode the bank’s independence. Jason Nelson Go to decrypt.co

Trump’s Pro-Crypto Orders See Bitcoin Futures Open Interest Jump, Then Unwind Futures market data shows traders quickly closed positions after a burst of speculative activity tied to White House policy moves. Akash Girimath Go to decrypt.co

Bitcoin Steadies as Short-Term Holder Profit-Taking Slows Bitcoin’s short-term profit-taking declines, but investors remain cautious as directional bias remains uncertain amid ongoing risks. Akash Girimath Go to decrypt.co