S&P 500
5523.7 +0.62%
NASDAQ Composite
NASDAQ
17942 +1.21%
Bitcoin
BTC
$67,196 0.57%
Ethereum
ETH
$3,473 -0.52%
US10Y
4.221% -0.0178
Header logo
  1. Research
  2. Crypto Research
  3. Market Update

ETHBTC Hits 14-month Lows, ICE Rebrands to WAGMI

Sep 20, 2023
Market Update Equity markets are flat today in anticipation of the Fed’s interest rate decision and revised dot plot announcement this afternoon. $BTC is down 0.5% today, continuing to range between $26.9k and $27.4k for the last week. $ETH is underperforming, down 1.5% in USD, and reaching 14 month lows against BTC. The $ETHBTC pair has broken the 0.06 level, trading at 0.59 at writing. This follows notable on-chain transfers from whales depositing $60 million into exchanges, including founder Vitalik Buterin sending $493k in ETH to Kraken. Another large holder deposited $50m in ETH, which according to Lookonchain is part of the entities $423m holdings acquired during Ethereum’s ICO at 31 cents. $XRP is outperforming the top 10, gaining 1.5% over the last day after XRP based DeXfi announced upcoming updates for several new DeFi capabilities, including a native AMM.  Infamous Avalanche developer Daniele Sestagalli is back with a project called $WAGMI, an acronym for "we are gonna make it." It's a rebranding of Popsicle Finance, offering DeFi applications on nine blockchains. $ICE tokens from Popsicle Finance can now be exchanged for WAGMI tokens, with ICE surging 70% in the last 24 hours. WAGMI has a $2 million market cap. Sestagalli's previous projects, like Wonderland an

Unlock this page with a FREE 30-Day Trial!

*Free trial available only on a monthly plan

Already a member?

Reports you may have missed

Bitcoin Equilibrium Price Likely to Top $168,000 Following ETF Approval, FSInsight Says

CRYPTO MARKET UPDATE U.S. EQUITIES ARE CONTINUING THIS WEEK’S SELL-OFF, WITH THE SPY 0.62%  AND QQQ 1.21%  BOTH DECLINING APPROXIMATELY 0.28%, WHILE THE DXY N/A% AND TREASURY YIELDS INCH UPWARDS. In contrast, BTC 0.57% is moving sharply higher, trading at $65.8k, with rumors circulating that former President Trump will unveil plans to add Bitcoin as a strategic reserve at next week’s Bitcoin conference. ETH -0.52% is trading at $3,450 ahead of potential S-1 approval after...

BONK 1.11% BTC 0.57% DXY N/A% ETH -0.52% JUP -8.65% QQQ +1.21% SOL 4.50% SPY +0.62% WIF 11.14%
Art Rachen YJpjLD3c9bU Unsplash

CRYPTO MARKET UPDATE THE CRYPTO MARKET MOVED HIGHER IN THE EARLY MORNING HOURS AND IS NOW CONSOLIDATING POST-US MARKET OPEN. BTC 0.57% once again challenged the $65k level and is currently sitting just below it, following the ninth consecutive day of net inflows for BTC 0.57% ETFs. ETH -0.52% is showing outsized strength, likely due to ETF issuers filing their final documents yesterday afternoon, with the ETF launch expected on Tuesday (more on...

BTC 0.57% ETH -0.52% ETHBTC JUP -8.65% SOL 4.50% USDT -0.03% WIF 11.14%
Bitcoin rises back toward record as first related U.S. ETF begins trading

CRYPTO MARKET UPDATE U.S. EQUITIES ARE MOVING SHARPLY LOWER AMID CHINA TRADE FEARS AFTER THE BIDEN ADMINISTRATION STATED IT'S CONSIDERING IMPOSING SEVERE RESTRICTIONS ON CHIPMAKERS IF CHINA CONTINUES RECEIVING ACCESS TO ADVANCED SEMICONDUCTOR TECHNOLOGY. The SPY 0.62%  has dropped below $560 while the QQQ 1.21%  is showing more pronounced losses, falling to $484. Crypto is relatively flat, with BTC 0.57% trading near $65k. Bitcoin ETF flows continue their positive streak, posting the eighth...

BTC 0.57% ETH -0.52% FIL -0.14% LDO -1.00% LPT -1.26% NEAR 1.78% QQQ +1.21% RNDR 1.17% SPY +0.62% TAO -1.51% WLD -0.60%
Bitcoin could soar an additional 38% after topping its record high of $65,000, according to Fairlead's Katie Stockton

CRYPTO MARKET UPDATE AS EXPECTED, BTC 0.57% AND THE WIDER CRYPTO MARKET MOVED LOWER ON THE NEWS THAT THE MT. GOX TRUSTEE HAD TRANSFERRED BTC 0.57% OUT OF THE TRUSTEE WALLETS TO PARTNER EXCHANGES. However, the market has since rebounded, with BTC 0.57% pushing $65k after touching $62.5k in the early morning hours. ETH -0.52% has also rallied, though it is slightly lagging despite the upcoming launch of ETH -0.52% ETFs next Tuesday. ETF flows...

AR -3.83% BCH 0.05% BONK 1.11% BTC 0.57% ETH -0.52% ETHBTC PEPE 2.13% SOL 4.50% WIF 11.14% XRP 5.41%
FS Insight

Sign in to read the report!

We have detected you are an active member!

or

Sign in with Google

Sign in with Twitter
Ray: 173aaf-da1bbc-1f54b9-040222-4df555