Crypto Markets Today: Bitcoin Holds Steady Near $23K; Gemini’s Job Cuts Continue
FTX’s FTT token was up 8% for the day. Equities closed higher.
Crypto Markets Analysis: Bitcoin’s Surge Moves Both Short- and Long-Term Holders Into Profitability
But the question remains whether short-term holders will sell or stay and become long-term holders.
Brazil and Argentina to Discuss Possible Common Currency, Coinbase CEO Suggests Move to Bitcoin
As officials from Brazil and Argentina are considering the development of a potential common currency, Coinbase CEO Brian Armstrong suggested on Twitter, "if they would consider moving to Bitcoin," adding that would "probably be the right long term bet." "The Hash" hosts discuss the potential currency plan and the prospects of integrating crypto.
Inflows Into Short Bitcoin Products Picked Up Alongside Rally: CoinShares
Short-bitcoin investment products added a net $25.5 million last week.
Bernstein: Bounce in Cryptocurrencies Is ‘Mean Reversion’ Rally
The gains are unlikely to foreshadow a sustained advance, a report from the brokerage firm said.
First Mover Asia: Bitcoin Surges Past $23K Before Retreating
ALSO: Sam Reynolds writes that Microsoft cutting its mixed reality team underlines large tech firms's struggles to succeed in the augmented and virtual reality space. Will Apple do better?
Crypto Markets Today: Bitcoin Surges Above $22K, Genesis Has Over $5B in Liabilities
Also: Bitcoin rose 6% to trade at $22,300. Ether was also trading up, by 5% to $1,640. Equities closed up.
Crypto Markets Analysis: Bitcoin, Ether Top Weekly Leaderboard, but Some Indicators Suggest a Market Retreat
The two largest cryptocurrencies continued their strong start to 2023, but Bollinger bands have failed to reach the upper band for three, straight days.
