Analysis

The Bitcoin Coinbase Premium Index has fallen to levels not seen since the FTX collapse (CryptoQuant)
Bitcoin's Bottom in Price Could Be Near or Already In, the Coinbase Premium Index Suggests
Previous deeply negative readings occurred near local bottoms in price, with the most recent occurring just prior to BTC's rally between October and March to all-time highs, F...
The Bitcoin Coinbase Premium Index has fallen to levels not seen since the FTX collapse (CryptoQuant)

ATLANTA, GEORGIA - JUNE 27: U.S. President Joe Biden participates in the CNN Presidential Debate at the CNN Studios on June 27, 2024 in Atlanta, Georgia. President Biden and Republican presidential candidate, former U.S. President Donald Trump are facing off in the first presidential debate of the 2024 campaign. (Photo by Justin Sullivan/Getty Images)
UPDATE: Polymarket Logs First $100M Month as Election Drama Heats Up
President Biden's blunders during last week's debate are the latest factor driving volume on the crypto-based prediction market.
ATLANTA, GEORGIA - JUNE 27: U.S. President Joe Biden participates in the CNN Presidential Debate at the CNN Studios on June 27, 2024 in Atlanta, Georgia. President Biden and Republican presidential candidate, former U.S. President Donald Trump are facing off in the first presidential debate of the 2024 campaign. (Photo by Justin Sullivan/Getty Images)

Donald Trump's recent crypto embrace means solana ETFs might have a shot if he becomes president again. (Justin Sullivan/Getty Images)
Solana ETF Applications Look Like Bets on Trump Retaking White House, Making U.S. Friendlier to Crypto
VanEck and 21Shares' applications seem doomed under the Biden administration. But they include a deadline that lapses when Trump would be in office, if he wins the presidency...
Donald Trump's recent crypto embrace means solana ETFs might have a shot if he becomes president again. (Justin Sullivan/Getty Images)

The EU's landmark MiCA crypto law is set to take effect at the end of the month. (Pixabay)
EU's Restrictive Stablecoin Rules Take Effect Soon and Issuers Are Running Out of Time
The European Banking Authority told CoinDesk it intends to publish a final report on how it will monitor stablecoin issuers by the end of the month.
The EU's landmark MiCA crypto law is set to take effect at the end of the month. (Pixabay)

MEXICO CITY, MEXICO - JANUARY 09: U.S. President Joe Biden looks on during a welcome ceremony as part of the '2023 North American Leaders' Summit at Palacio Nacional on January 09, 2023 in Mexico City, Mexico. President Lopez Obrador, USA President Joe Biden and Canadian Prime Minister Justin Trudeau gather in Mexico from January 9 to 11 as part of the 10th North American Leaders' Summit. The agenda includes topics on the climate change, immigration, trade and economic integration, security among others. (Photo by Hector Vivas/Getty Images)
Biden Likely to Win Popular Vote, but Lose Presidency, Prediction Market Signals
Plus: $DJT believers dispute the resolution of a Polymarket bet, insisting the "preponderance of evidence" shows Barron Trump's involvement.
MEXICO CITY, MEXICO - JANUARY 09: U.S. President Joe Biden looks on during a welcome ceremony as part of the '2023 North American Leaders' Summit at Palacio Nacional on January 09, 2023 in Mexico City, Mexico. President Lopez Obrador, USA President Joe Biden and Canadian Prime Minister Justin Trudeau gather in Mexico from January 9 to 11 as part of the 10th North American Leaders' Summit. The agenda includes topics on the climate change, immigration, trade and economic integration, security among others. (Photo by Hector Vivas/Getty Images)

Bear (mana5280/Unsplash)
This Is Why Altcoin Investors Struggle Despite Bitcoin, Ether Sitting Near Yearly Highs
Constantly diluting supply with token unlocks, selling pressure from venture funds, lack of fresh inflows to crypto and seasonal trends all contributed to the brutal drawdown...
Bear (mana5280/Unsplash)

Stock market chart. (sergeitokmakov/Pixabay)
Bitcoin Options Market Isn't Buying BTC Price Weakness, Shows Bias for $100K Calls
Demand for BTC calls at $100K suggests traders preparing for a renewed rally into 2025, according to one trading firm.
Stock market chart. (sergeitokmakov/Pixabay)

Math. (damirbelavic/Pixabay)
Explaining Bitcoin's Dull Price Action Amid Record ETF Inflows
Most ETF inflows are likely part of a non-directional strategy, not outright bullish bets.
Math. (damirbelavic/Pixabay)

Bitcoin's latest rally is different from the March breakout. (Pedro Henrique Santos/Unsplash)
Bitcoin’s Latest Rally to $71K Is Different From the March Breakout. Here's Why.
The latest breakout is characterized by lack of speculative froth as opposite to March and positive macroeconomic details.
Bitcoin's latest rally is different from the March breakout. (Pedro Henrique Santos/Unsplash)

Ark Invest CEO Cathie Wood at Consensus in Austin, Texas. (Marco Bello/Getty Images, modified by CoinDesk)
Cathie Wood's Ether ETF Pullback Is Likely Due to Fee War
The asset manager’s name was removed from a recent document filed with the Securities and Exchange Commission in preparation for the launch and later confirmed that it dropped...
Ark Invest CEO Cathie Wood at Consensus in Austin, Texas. (Marco Bello/Getty Images, modified by CoinDesk)