cryptocurrencies


Markets

Inflation Rate, Closely Tracked by Bitcoin Traders, Probably Accelerated in February

The CPI for February probably rose 1.7%, accelerating from the January pace of 1.4%, based on economists' projections.

MOSHED-2021-2-10-9-25-3

Markets

Bitcoin's Break Above $54K Could Open Path to New Price Record: Technical Analysis

Bitcoin finds support at $50,000, with next resistance seen at $54,000, and then at the all-time high around $58,000.

Bitcoin's price appears to be climbing again, after a retreat over the past couple weeks.

Markets

Investors Put Less Money Into Crypto Funds Last Week as Bitcoin Market Stagnated

Last week's drop in crypto investment inflows to a fourth of the prior week's pace came as prices retreated in prices for bitcoin and other digital assets.

Inflows to crypto investment funds dropped last week, coinciding with the market's recent retreat.

Markets

Bitcoin's 2021 Returns Destroy Everything on Wall Street, Goldman Sachs Says

Bitcoin's lead over assets from stocks to bonds, oil, banks, gold and tech stocks and the euro has widened.

Goldman Sachs

Markets

Fed 'Not Yet Ready to Blink' on Inflation, Pantheon Says

Bitcoin traders may be out of luck if they're expecting the Fed to further ease monetary policy as bond yields rise.

Federal Reserve Chair Jerome Powell

Markets

Binance Pledges New Controls After 99% 'Flash Crash' in Polkadot Futures

A single large sell order appears to have sent prices for trading contracts on polkadot tumbling from about $33 to 25 cents in less than a minute.

Chart showing the "flash crash" in Binance's perpetual futures contracts on the digital token polkadot.

Markets

Market Wrap: Bitcoin Falls to $48K as Fed's Powell Makes No New Promises; Ether Drops

Bitcoin prices quadrupled last year and have rallied 66% this year on speculation the cryptocurrency could serve as an inflation hedge.

Bitcoin's price over the past day.

Markets

Bitcoin Falls 4% as Fed's Powell Sees 'Concern' Over Rising Bond Yields

Federal Reserve Chair Jerome Powell disappointed some traders by offering few signs that the central bank might expand monetary stimulus.

 Jerome Powell says

Markets

Grayscale Discount Might Signal Start of Fresh Bitcoin Rally, Bloomberg's McGlone Says

Far from a signal of distress, a negative level on the "Grayscale premium" might signal a market reset for a fresh bitcoin rally.

Bloomberg Intelligence chart of the "Grayscale premium" versus CME bitcoin futures premium.

Tech

Wall Street Veteran Jim Bianco Says DeFi is 'Recreating' the Financial System

DeFi could do for finance what ride-sharing did for taxi companies, Bianco said.

Jim Bianco, president of Bianco Research LLC