Bitcoin pushes past $24.7K for the first time in 6 months
Bitcoin (BTC) surged 12%, moving closer to $25K and hitting its six-month high amid easing regulatory concerns. According to market analysts, cryptocurrencies moved up as Circle, a stablecoin issuer, denied rumors that it has received a Wells notice from the US Securities and Exchange Commission over its dollar-pegged token.
Related news
Markets
Oct. 14, 2024
Does World Liberty Financial Count as Trump 'Launching a Coin'? Polymarket Bettors Are Divided
This week in prediction markets: Is Donald Trump really "launching a coin"? Some Polymarket bettors say shilling World Liberty Financial doesn't count. Are PoliFi tokens surging because of limited upside in prediction markets? Canada's Justin...
Markets
Oct. 14, 2024
Liquidity and Options Pave the Way for Bitcoin ETF Market Expansion
Bitcoin ETFs have recorded a total net inflow of $18.9 billion and currently hold around 869k BTC. Bitcoin ETFs account for approximately 3% of the total bitcoin trading volume. A portion of the inflows into bitcoin ETFs is driven by the "basi...
Markets
Oct. 14, 2024
Bitcoin Breaks $65K, as Price Action Compared to Prior U.S. Election Cycles
Bitcoin (BTC) climbed above $65,000, marking a 4% increase in 24 hours, influenced by positive movements in the S&P 500 and expectations of stimulus in China. Trading firm QCP Capital highlighted similarities between current price actions a...
Markets
Oct. 14, 2024
Trump-Backed World Liberty Financial Whitelists 100K Accredited Investors Ahead of WLFi Launch
The Trump family-backed crypto project, World Liberty Financial, is set to launch its WLFI token presale on Tuesday, with over 100,000 accredited U.S. investors whitelisted. The project aims to raise $300 million, valuing the venture at $1.5 bi...
Markets
Oct. 14, 2024
First Mover Americas: Bitcoin Nears $65K as Chinese Stocks Rebound
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 . Latest Prices CoinDesk 20 Index: 2,011.66 ...
Markets
Oct. 14, 2024
Samara Asset Group Plans up to $32.8M Bond to Expand Bitcoin Holdings
The bond proceeds will fund acquisitions in alternative investment funds and increase Samara's bitcoin position. The 30 million euro ($32.78 million) bond will be listed on both the Oslo and Frankfurt stock exchanges with a minimum subscription...