Cryptocurrency Markets
Synthetix Rallies as DeFi Protocol Announces Layer 2 Launch
"SNX's upside is in part supported by the latest update from the team in relation to the planned collaboration with Optimism," one analyst said.
Traders Make Money Selling 'Strangles' as Bitcoin Goes Quiet
A strangle is essentially a bet that bitcoin’s price won’t break out anytime soon.
BitMEX CEO Maps Out Future 'Living by the Rules'
Alexander Hoeptner says "discussions need to be had" with regulators.
Axie Profiting From Booming NFT Economy as Bitcoin Struggles
The boom in the play-to-earn economy comes amid falling yields in the bitcoin and DeFi markets.
Bitcoin Stock-to-Flow Model, Rooted in ‘Hard Money’ Narrative, Goes Off Course
"PlanB" said the next six months will “make or break'' the stock-to-flow model.
Investors Cashing Out of Grayscale Bitcoin Trust Might Bring Market Boost
Investors who locked in borrowed coins will need to repurchase those to repay the loan, cryptocurrency pundits say.
Ether Drops Below $2K, Bitcoin Wilts as China Tells Banks to Cut Off Crypto Transactions
China's central bank said major financial institutions must stop providing trading, clearing and settlement for crypto transactions.
Bitcoin and Ether Price Indicators Support Near-Term 'Relief Rally'
Bitcoin's weekly stochastic oscillator has turned up from oversold or below -20 levels, a positive sign for the cryptocurrency.
Crypto Long & Short: The Market Gets Smarter
This week, the cryptocurrency markets displayed a more sophisticated understanding of regulatory and technology risk.
