Markets


Markets

Bitcoin Holds Near $29K as Investors Weigh Rate Increases, Banking Contagion

BTC traded flat after a slight dip early Thursday. Ether also traded in a narrow range.

Higher interest rates and energy shortages have triggered concerns over a potential global recession (Getty Images)

Markets

Bitcoin, Ether Trade Flat After Mildly Encouraging Jobs Data

The two largest cryptocurrencies by market capitalization were changing hands in a tight range after jobless claims were slightly higher than expected, a small sign the jobs market is cooling.

(Midjourney/CoinDesk)

Markets

First Mover Americas: Bitcoin Pushes Above $29K After Fed Rate Hike

The latest price moves in crypto markets in context for May 4, 2023.

(Unsplash)

Markets

Pepecoin Funding Rates Remain Negative as Bears Proliferate

Negative funding rates indicate dominance of bearish positions in the perpetual futures market.

The riot pepe became a calling card of Rook's activist investors. (Hazard/Rook)

Markets

Bitcoin's Dominance Rate Surges After U.S. Banking Crisis

Bitcoin's outperformance during the banking crisis indicates the cryptocurrency is the anti-dollar liquid play for investors, one portfolio manager said.

Bitcoin's dominance rate vs the SPDR S&P regional banking ETF (TradingView/CoinDesk)

Markets

Bitcoin, Ether Decouple From Stocks: What's Next for Crypto After Fed Rate Hike?

The recent decoupling indicates the assets will trade on their own merits.

(Getty Images)

Markets

Bitcoin Falls Slightly After Fed Rate Hike

BTC was down about 1% after the U.S. central bank boosted the federal funds rate by 25 basis points. Fed Chair Jerome Powell noted the central bank had omitted language signaling additional rate hikes at upcoming meetings.

Federal Reserve Chairman Jerome Powell (Drew Angerer/Getty Images)

Markets

Sui Token Surges as Trading Begins, Giving the Network a Fully Diluted Value of $13B

SUI tokens were offered to users of multiple crypto exchanges in a presale last week.

SUI surged 1,000% after its trading open on Binance. (Binance)

Markets

First Mover Americas: Bitcoin Layer 2 Stacks Begins May on Top

The latest price moves in crypto markets in context for May 3, 2023.

Policymakers will need to address financial stability risks, JPMorgan said. (Colton Sturgeon/Unsplash)

Markets

TrueUSD's Borrowing Rates Jumped to 100% as TUSD Soared to $1.20: Kaiko

Traders shorted TUSD to capture a 20% upside for the token’s intended $1 peg.

TUSD depegged temporarily due to low liquidity. (Kaiko)

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