Key takeaways: Bitcoin (BTC) price has formed a new intraday high on each daily candle this week, with the crypto asset slowly grinding toward a new all-time high. In line…
In brief
Bitcoin's reached a previous high of $108,786 in late January, per CoinGecko.
BTC's price dipped below $75,000 in early April as U.S. President Donald Trump ratcheted up his global trade…
Bitcoin was the first cryptocurrency to overtake Google as the fifth-largest asset by market cap last month. While Google’s parent company Alphabet’s market cap is $2 trillion, Bitcoin surpassed it…
Cardano (ADA) is showing signs of bullish momentum, surpassing $0.75 and raising the prospect of a further surge to the $1 mark. At press time, ADA is trading at $0.755,…
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC,…
Tesla's
stock continues its impressive recovery trajectory, climbing 0.51% during
Tuesday's trading session to test an intraday high of $354.99, its highest
level in three months. The electric vehicle maker's shares (NASDAQ: TSLA)
ultimately…
Institutions and macro trends drive activityBitcoin rebounds to $106,000 despite intraday dip The Bitcoin futures market is showing strong signs of activity, with its open interest rising to $74 billion,…
Crypto traders are betting big on ether in the wake of the recent rally.Last week, block traders, typically institutions and large players, executed bull call spreads on ether, purchasing…
Key takeaways:Bitcoin futures open interest hit a record $72 billion, signaling rising use of leverage among institutional investors.$1.2 billion in shorts at $107,000 to $108,000 are at risk of liquidation,…
In brief
The price of Bitcoin rose to $107,000 on Tuesday per data from CoinGecko, with some trackers showing even higher daily peaks.
At that mark, Bitcoin is less than 2% down…