Bitcoin Layer 2 Coins, STX, ELA, SAVM, Outperform BTC After Halving

Bitcoin Dominance Increases as Halving Nears and BTC Price Lingers Near $61K BTC dominance is creeping upwards as Layer-1s and Artificial Intelligence tokens had a rough week, while Google search interest in the halving skyrockets.

First Mover Americas: BTC Post-Halving – Remember the Macroeconomy: Goldman Sachs The latest price moves in bitcoin (BTC) and crypto markets in context for April 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Is the Bitcoin Rally Over? Reasons to Stay Bullish on BTC Despite Correction Bitcoin has pulled back more than 15% since hitting an all-time high one month ago, with some major altcoins nosediving 40%-50%, but “few understand how normal corrections like these are in bull markets,” one observer noted.

First Mover Americas: BTC Holds Stable at $70K The latest price moves in bitcoin (BTC) and crypto markets in context for April 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

BTC Halving: Sell-The-News or Buy-The-Alt-Rotation Contrasting Bitcoin derivatives with Ethereum’s tells us a story around the potential opportunity for a post-halving rotation.

DWS, Galaxy Digital List Exchange-Traded Commodities Offering BTC, ETH Exposure in Germany The products, which track the performance of the two largest cryptocurrencies by market value, carry a fee of 0.35% and were listed on the Deutsche Boerse on Thursday.

‘Buy the Rumor, Buy the News,’ on Spot BTC ETF, Says One Expert, While Another Warns on Coinbase With two months to go before the U.S. Securities and Exchange Commission (SEC) faces another set of deadlines to decide on a large number of applications to form spot bitcoin exchange traded-funds (ETFs), analysts are speculating on how approval of such vehicles would impact the crypto industry.

U.S. Crypto Stocks Ride BTC Momentum in Pre-Market Trading COIN, MSTR, HOOD and mining stocks were all showing upward movement in pre-market trading after BTC rose to its highest level in 18 months.

Bitcoin Call Skew Hints at Further Price Rise as Spot ETF Optimism Energizes BTC The one-month call-put skew has risen above 10%, indicating a strongest bullish bias in 31 months.

Sol, Memes, BTC: Digital Assets That Currently Outperform the Market While the overall crypto market remains down from its highs during the bull run of 2021 and 2022, there are several bright spots. Here, according to CoinDesk Indices, are the ones to watch.

Prescient Bitcoin Whale Moves $244M in BTC to Crypto Exchange. Has BTC Price Topped? The whale wallet was the 14th-largest individual bitcoin owner in March, holding 46,500 BTC.

Bitcoin Is Up 100% This Year. It’s Not Just Because of Spot BTC ETF Hype As BTC has gained over 100% this year, most observers tied its recent strength to a looming approval of a spot BTC ETF. But its increasingly constrained supply, underinvested market participants and bitcoin’s rejuvenated shine as a safe haven from spiraling debt levels, banking crises and geopolitical turmoil may also have played a role.

Bitcoin Drops 3% After BlackRock BTC ETF Is Pulled From DTCC’s Website Bitcoin fell by more than 3% from $34,500 to $33,400 on Tuesday afternoon after the ticker for BlackRock’s spot bitcoin ETF was removed from the Depository Trust & Clearing Corporation’s website.

BTC Valued at $144M Sent to Coin Mixer From Defunct Darknet Market After Eight-Year Wait An entity has moved 4,800 BTC ($144M) to a coin mixer from a wallet tied to defunct darknet marketplace Abraxas, which closed in 2015.

Bitcoin Mining Stocks Rally as BTC Holds Above $30K Despite Looming Halving Concerns Bit Digital (BTBT), Hut 8 (HUT) and Marathon (MARA) are among mining stocks that are outperforming on Monday as bitcoin’s price continue to hold above $30,000.

Tesla Keeps Bitcoin Stash Steady at 9,720 BTC in Q3 Tesla did not buy or sell any BTC in the three months to September, leaving its coin stash unchanged at 9,720 BTC.

Bitcoin Miner Marathon to Custody Some of Its BTC With Fidelity Digital The miner is adding Fidelity to diversify its bitcoin (BTC) custody.

Bitcoin Miner Marathon Reportedly Mines Invalid BTC Block Bitcoin mining company Marathon Digital (MARA) has mined an invalid Bitcoin block at height 809478, according to several developers, miners and researchers.

Bitcoin Holding Above $26K Is ‘Remarkable’ as Equities Take a Hit. What’s Next for BTC’s Price? The 200-week and 200-day moving averages converge at $27,800, acting as an obstacle to further BTC price gains.