MOG, PEPE Rocket as Traders Search for Ether Beta Bets
Meme coins are increasingly seen as a way to bet on the growth of the network they are issued on.
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May 21, 2024 at 8:32 a.m. UTC
May 21, 2024
Markets
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Ether ETF Hopes Drive Futures Open Interest to Record $14B
The notional open interest, or the dollar value locked in the number of active ether futures contracts, surged by 25% in a day.
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May 21, 2024 at 7:40 a.m. UTC
May 21, 2024
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Bitcoin Surges Over $71K as Ether ETF Hopes Lead to $260M in Short Liquidations
Some traders expect ether prices to reach as high as $4,000 in the coming days, with odds of an ether ETF approval raised to 75%.
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May 21, 2024 at 6:17 a.m. UTC
May 21, 2024
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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 re...
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May 17, 2024 at 6:34 p.m. UTC
May 17, 2024
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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.
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May 17, 2024 at 10:43 a.m. UTC
May 17, 2024
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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.
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May 17, 2024 at 7:43 a.m. UTC
May 17, 2024
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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.
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May 17, 2024 at 6:45 a.m. UTC
May 17, 2024
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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...
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May 16, 2024 at 2:20 p.m. UTC
May 16, 2024
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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.
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May 16, 2024 at 10:48 a.m. UTC
May 16, 2024
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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.
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May 16, 2024 at 9:25 a.m. UTC
May 16, 2024