BTC added 5% in the past 24 hours, CoinGecko data shows, breaking out of a key $70,000 resistance with $48 billion in trading volumes, or nearly double the volumes from Monday.Source …
Crypto Rally Foiled by Report of DOJ Probe of Tether
Bitcoin appeared poised to make another run at $70,000, but a WSJ story of a criminal probe into the stablecoin issuer sent prices tumbling Friday afternoon.Source …
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First Mover Americas: Bitcoin Falls Back Below $68K, Still Outperforms Broader Market
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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