Bitcoin Heads for Best Quarter in 2 Years, Outperforms Ether, Gold, Nasdaq
One observer said poor order book depth is primarily responsible for the rally, while others pointed to the cryptocurrency's sound money appeal and Fed pivot speculation as bigger catalysts.
First Mover Asia: Will CFTC's Action Against Binance Benefit Crypto’s Asia Narrative?
Bitcoin is flat but ether is up, on potentially favorable comments by the CFTC before Congress.
On-Chain Stablecoin, Profitability Ratios Signal Investor Caution
The recent increase in bitcoin's price shows investors positioning themselves for a potential price downturn.
U.S. CFTC Chief Behnam Reinforces View of Ether as Commodity
That view differs from the apparent SEC view that ETH may be a security.
First Mover Asia: China’s State-Owned Banks Are Soliciting Hong Kong Crypto Business, but Opening an Account Is Hard
Plus: Are bitcoin traders shrugging off the CFTC's action against Binance? Or is there just not enough liquidity to go around?
Bitcoin Sinks Below $27K After CFTC Files Suit Against Binance
BTC dropped to its lowest level since March 17 after the agency sued the crypto exchange for alleged regulatory violations. The Binance coin (BNB) price declined by 5%.
Asset Managers’ Bitcoin Exposure Rises, Reversing Recent Trend
Following three consecutive weeks of reducing long positions, asset managers add 975 long futures contracts, the Commitment of Traders report shows.
First Mover Asia: Bitcoin Is Ready for a Consolidation Phase
ALSO: Sam Reynolds writes that decentralized derivatives platforms are having a liquidity problem. The shortage may stem from crypto traders' current caution, but at least one stakeholder is optimistic that the situation will change.
Pioneiro na Ásia: Bitcoin está pronto para uma fase de consolidação
TAMBÉM: Sam Reynolds escreve que as plataformas de derivativos descentralizadas estão tendo problemas de liquidez. A escassez pode resultar da atual cautela dos comerciantes de Cripto , mas pelo menos uma parte interessada está otimista de que a situação mudará.
First Mover Asia: Bitcoin è pronto per una fase di consolidamento
INOLTRE: Sam Reynolds scrive che le piattaforme di derivati decentralizzati stanno avendo un problema di liquidità. La carenza potrebbe derivare dall’attuale cautela dei trader Cripto , ma almeno ONE delle parti interessate è ottimista sul fatto che la situazione cambierà.