News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
The latest price moves in crypto markets in context for June 26, 2023.
ALSO: Ripple Asia's policy lead praises Japan’s crypto laws that favor consumer protection. Rahul Advani said that the country has created "a very clear taxonomy for digital assets."
Dealers are stuffed with record negative gamma in BTC. With only a little move in the spot price, "we could witness fireworks," one observer said.
Crypto prices have risen sharply since BlackRock’s filing for a spot bitcoin ETF. Of the 149 assets in the CoinDesk Market Indices (CMI), 144 rose during the week.
The largest cryptocurrency by market capitalization has been surging this week after three financial services giants filed applications for spot bitcoin ETFs.
Historically, an above 90% reading on the index has coincided with interim market tops.
The largest cryptocurrency by market cap has benefited from rising investor optimism following multiple filings for spot bitcoin ETFs and its omission from tokens listed in SEC lawsuits earlier this month.
A recent increase in stablecoin flows to exchanges may signal an increase in bullish sentiment
Indicators tied to Wall Street's volatility index, VIX, and central bank liquidity indicate risk aversion ahead. Past experience suggests risk-off in traditional markets can roil sentiment in the crypto market.
The latest price moves in crypto markets in context for June 23, 2023.
- 18:48Data: 94% increase in NFT sales in a single week as crypto market risesAccording to data disclosed by Cointelegraph on the X platform, NFT sales increased by 94% in a single week as the cryptocurrency market rose, with the top three blockchains for NFT sales being Ether, Bitcoin and Solana.
- 18:47ETH breaks through $3,100The Bitget ticker shows that ETH broke through $3,100 and is now at $3,100.51, down 1.59% in 24 hours.
- 18:46AR breaks above $18The Bitget ticker shows that AR broke above $18 and is now at $18.01, a 24-hour gain of 0.56%.
