Bitcoin, Ether Drop Over 5% in Massive Sell-Off as Market Continues to Digest Silvergate
Bitcoin plunged to $22,277 and Ether hit $1,563 as crypto tumbled during the opening hours of East Asia’s trading day. Major digital assets plunged as…
Tag: cryptocurrency
Liquid Staking Replaces DeFi Lending as Second-Largest Crypto Sector
The value of cryptocurrencies deposited in liquid staking protocols has increased to about $14 billion, trailing just deposits at decentralized exchanges. Liquid staking, which allows…
Bitcoin Primed to Rally to $56K as Nasdaq Breaks Out of Bull Flag, Chart Analyst Says
Analyst, who correctly predicted the late 2020 bull run, said 2023 could be a surprisingly good year for both crypto and equities. “Based on the…
Bitcoin Market Sentiment Is Most Bullish in 14 Months With US Jobs Report Due
The cost of holding a bullish long position in perpetual futures tied to bitcoin has jumped to the highest since the dizzy bull market days…
Investors Pump Money Into Crypto Funds Amid Pickup in Market Sentiment
Bitcoin dominated this week’s inflows, accounting for almost all of the $117 million coming in. Digital asset investment products saw a total of $117 million…
Bitcoin’s Upswing Is Reminiscent of 2019 Bull Revival
The action four years ago coincided with the Fed taking its foot off the tightening pedal. Bitcoin has rallied almost 40% in January and the…
FTX Has Recovered ‘Over $5B’ in Assets, Bankruptcy Attorney Says
The announcement substantially raises the total FTX has recovered since filing for bankruptcy last year but it’s still short of what customers are owed in…
FTX, Congress, Stablecoins: What 2023 May Bring for Crypto Regulations
CoinDesk’s policy team predicts the issues and topics that may take center stage over the next 12 months. Can you believe this year started off…
Exclusive: Goldman Sachs on hunt for bargain crypto firms after FTX fiasco
LONDON, Dec 6 (Reuters) – Goldman Sachs (GS.N) plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of…
Bitcoin Lags as Unwinding of ‘Fed Trade’ Lifts US Stocks Above 200-Day Average
Bitcoin trades at a significant discount to its 200-day average as popular macro trades of 2002 unwind, leading to risk revival in traditional markets. Unless…