The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source …
MicroStrategy Touches New Highs as Trading Volume Relative to Nvidia Surges
Microstrategy hits 17% of the trade volume of nvdaSource …
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Solana Looks Overbought Against Ethereum; BTC-Gold Ratio Stuck in a Downtrend
The SOL/ETH pair trading on Binance looks overbought after four-month winning trend.Source …
Musk’s Tesla Still Holds $780M Bitcoin, Arkham Says, Ahead of TSLA Earnings
Those wallets continue to hold that BTC and haven’t sent any to crypto exchanges as of Wednesday, which is usually a sign of intention to liquidate holdings.Source …
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Bitcoin’s $4.2B October Options Expiry May Increase Short-Term Volatility
Approximately 16% ($682 million) of the notional value in bitcoin that is set to expire is currently “in the money.”Source …
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Bitcoin Gets Yet Another Bullish Signal as Prices Near $70K
A widely-tracked momentum indicator has flipped positive for the first time since April.Source …
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NYSE, Cboe Win SEC Approval for Bitcoin ETF Options
The decision follows Nasdaq recently also getting permission for options on spot bitcoin ETFs.Source …
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