Crypto goes up as Fed agrees on 0.75 percentage point rate hike
The Federal Open Market Committee unanimously decided on a 0.75 percentage point rate hike. Bitcoin, Ethereum, and other cryptos fell upon the announcement, but rose in the aftermath.
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Markets
Oct. 22, 2024
APE Traders Make Bold Moves in PowerTrade's Altcoin Options Market
Traders pile into APE calls options on the altcoin-focused derivatives exchange PowerTrade. Some traders bought the call option at $2.2, representing bullish expectations. APE ecosystem's governance and utility token APE has doubled in value ...
Markets
Oct. 22, 2024
Bitcoin, Majors Dip on Leverage Flush; CAT Token Runs Up 60% on Futures Listing
Bitcoin briefly approached $70,000 over the weekend but failed to maintain the momentum, dropping by 2.2% to just above $67,000. This decline was mirrored by other major cryptocurrencies like ETH, TON, and ADA, with over $165 million in long po...
Markets
Oct. 21, 2024
U.S. Election Betting: Kalshi's Polymarket Rival Quickly Gets Traction
This week in prediction markets: Presidential betting passes $30 million on Kalshi. Trump name-drops Polymarket – or tried to, anyway. Arb opportunity? There's a discrepancy between Polymarket's individual swing state markets and a contract a...
Markets
Oct. 21, 2024
Bitcoin Pulls Back Below $67K; Is Another Crypto Rally Failing?
Following a failed challenge of the $70,000 level during early Monday trading hours in Asia, bitcoin {{BTC}} fell below $67,000 in U.S. morning action. Recently, bitcoin's price was lower 2.3% over the past 24 hours, underperforming the broad-ma...
Markets
Oct. 21, 2024
First Mover Americas: BTC Peeps Above $69K as Macro Favors Bulls
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: 2,119.85 ...
Markets
Oct. 21, 2024
Bitcoin Hashrate Hits All-Time High as Publicly-Listed Miners' Share of the Network Peaks
The bitcoin hashrate has surpassed 700 EH/s for the first time, marking a 6% increase over the past seven days. Bitcoin's hashprice briefly went above $50 PH/s, a two-month high, as mining profitability increased driven by a spike in transactio...