Everything you need to make sense of the crypto markets and beyond By the CoinDesk Markets Team Edited by Lawrence Lewitinn, Managing Editor, Global Capital Markets June 4, 2021 (Price data as of June 4 @11:00 UTC) If you were forwarded this newsletter and would like to receive it, sign up here.
Good morning. Here's what we're writing about:
Check out the CoinDesk TV show "First Mover," hosted by Christine Lee, Lawrence Lewitinn and Emily Parker at 9:00 a.m. U.S. Eastern time. Today the show will feature guests:
Biggest Movers These are the biggest movers in the CoinDesk 20 over the past 24 hours:
Gainers:
Losers:
The CoinDesk 20 are 20 digital assets filtered from the larger universe of thousands of cryptocurrencies and constitute roughly 99% of the market by volume at eight of the largest and most trustworthy exchanges.
Market Moves by Omkar Godbole Bitcoin Drops After Musk Tweets of Breakup Bitcoin fell Friday after Tesla CEO Elon Musk put out a cryptic tweet hinting at a breakup with the largest cryptocurrency. Bitcoin daily chart (Source: TradingView)
Bitcoin daily chart (Source: TradingView)
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Technician's Take by Omkar Godbole Bitcoin Runs into Offers Above Price Hurdle Ahead of US Nonfarm Payrolls Bitcoin has retreated to the sub-$37,000 region, having failed to keep gains above the 20-day simple moving average (SMA) early Friday. Bitcoin's 4-hour chart (Source: TradingView)
Read the original story here: Bitcoin Runs into Offers Above Price Hurdle Ahead of US Nonfarm Payrolls
A message from Farsite Ever dreamed of owning a spaceship? It is possible in Farsite - upcoming DeFi powered MMO RTS, where NFTs acquired a new meaning. The cryptocurrency movement has never been so sprawling, reaching every corner of the planet. Crypto State by CoinDesk aims to connect with local communities to explore this movement of financial disruption and how it trickles down to every corner of the globe, from DeFi investment opportunities to alternative ways to transact and store wealth. We're making virtual stops with audiences in Nigeria, the Middle East and Southeast Asia this year. Register for the Crypto State virtual tour.
BOLO Be on the look out for some of these upcoming events:
ICYMI In case you missed it, here are the most recent episodes of "First Mover" on CoinDesk TV:
How Big a Hurdle Is $40K Resistance for Bitcoin? Comptroller of the Currency’s Crypto Concerns "First Mover" with crypto markets analysis: Is bitcoin still in a bull market? What are institutional investors doing? Raghu Yarlagadda of FalconX joins our markets discussion. World-renowned photographer Platon and Michael Blu, co-founder of NFT platform LGND, discuss what NFTs mean to artists and the art industry. Plus, highlights of Platon's NFT series of extreme eye close-ups of his subjects.
CoinDesk's new reward token soft-launched at Consensus 2021, but $DESK lives on. Attendees can still cash in at the $DESK store, or hodl and accumulate. Join the Telegram group for announcements and airdrops.
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