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(Danny Nelson/CoinDesk)
Markets
Meme coins
Bitcoin Hovers at $62K While Pepe Hits Record High as GameStop Extends Rally
Dog-themed floki (FLOKI) zoomed 12%, the highest among the top 50 tokens by market capitalization, while pepe (PEPE) jumped 5% to a new lifetime peak.
(Danny Nelson/CoinDesk)
By Shaurya Malwa
May 15, 2024 at 12:10 p.m. UTC
May 15, 2024
meme coinsMarkets
Farm, miner. (rebcenter-moscow/Pixbay)
Markets
Analysis
Bitcoin Fee Crash Could Lead to Faster Miner Selling, Analysts Say
Bitcoin's mean transaction fee has reversed the post-halving Runes-led spike, squeezing miners' revenue.
Farm, miner. (rebcenter-moscow/Pixbay)
By Omkar Godbole
May 15, 2024 at 7:30 a.m. UTC
May 15, 2024
AnalysisBitcoinMarkets
image of a crypto trader aka degen (Anjo Clacino/Unsplash, modified by CoinDesk)
Markets
Meme coin
GameStop Rally Sends Meme Coins Skywards; PEPE, FLOKI, MOG Surge
“Roaring Kitty is living proof that retail can mog (outperform) institutions at the highest level,” one meme coin developer said.
image of a crypto trader aka degen (Anjo Clacino/Unsplash, modified by CoinDesk)
By Shaurya Malwa
May 14, 2024 at 11:03 a.m. UTC
May 14, 2024
meme coinTradingMarkets
food shopping in brown bags
Markets
Analysis
Bitcoin Market Activity Suggests Looming U.S. Inflation Data May Be Non-Event
The way bitcoin options are priced suggests Wednesday's CPI report, though pivotal, may do little to disturb the calm in the crypto market.
food shopping in brown bags
By Omkar Godbole
May 14, 2024 at 10:34 a.m. UTC
May 14, 2024
AnalysisEconomyUSInflationMarketsOptionsVolatility
DOG•GO•TO•THE•MOON Rune. (DOG•GO•TO•THE•MOON)
News Analysis
Bitcoin
Bitcoin Runes Protocol Sees Traction Waning After Much-Hyped Introduction
User activity has plunged after a hyped run-up to the introduction of the Runes protocol, which was expected by some to mirror Solana’s meme coin ecosystem.
DOG•GO•TO•THE•MOON Rune. (DOG•GO•TO•THE•MOON)
By Shaurya Malwa
May 14, 2024 at 9:20 a.m. UTC
May 14, 2024
BitcoinTradingMarketsRunes
Hong Kong harbor skyline view into Kowloon
Markets
Hong kong
Hong Kong Bitcoin and Ether ETFs See $39M Outflows on Monday: Farside Investors
Previous outflows hovered around the $6 million mark, signaling a significant uptick in negative flows on Monday.
Hong Kong harbor skyline view into Kowloon
By Helene Braun
May 13, 2024 at 7:31 p.m. UTC
May 13, 2024
Hong KongSpot bitcoin etfBitcoinMarkets
GameStop sign on GameStop at 6th Avenue on March 23, 2021 in New York. (John Smith/VIEWpress)
Markets
Trading
Solana Meme Coins, GameStop Stock Rocket as 'Roaring Kitty' Returns on X
In addition to common stocks, opportunistic crypto developers issued scores of meme coins on various blockchains to capitalize on the hype.
GameStop sign on GameStop at 6th Avenue on March 23, 2021 in New York. (John Smith/VIEWpress)
By Shaurya Malwa
May 13, 2024 at 12:50 p.m. UTC
May 13, 2024
TradingInvestingMarkets
Panic. (Andrey Metelev/Unsplash)
Markets
Trading
Bitcoin Below $60K Could Trigger 'Panic' Selling, Crypto Analyst Says
One trader said recent declines are likely related to miners' asset sell-offs and fears of tighter regulation of cryptocurrencies.
Panic. (Andrey Metelev/Unsplash)
By Shaurya Malwa
May 13, 2024 at 10:52 a.m. UTC
May 13, 2024
TradingMarketsBitcoin
Combined market cap of USDT, USDC, DAI with BTC's price and total crypto market cap. (TradingView/CoinDesk)
Markets
Bitcoin
Stablecoin Expansion Stalls Ahead of U.S. Inflation Data
Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%.
Combined market cap of USDT, USDC, DAI with BTC's price and total crypto market cap. (TradingView/CoinDesk)
By Omkar Godbole
May 13, 2024 at 10:48 a.m. UTC
May 13, 2024
BitcoinMarketsChinaStablecoins
Japan (Su San Lee/Unsplash)
Markets
Japan
Metaplanet Makes Bitcoin a Reserve Asset as Japan’s Debt Mountain Grows
The announcement comes as the yen, one of the top five global reserve currencies, bears the brunt of Japan's fiscal imprudence.
Japan (Su San Lee/Unsplash)
By Omkar Godbole
May 13, 2024 at 6:07 a.m. UTC
May 13, 2024
JapanBitcoinMarkets