Markets
First Mover Americas: Bitcoin Drops on CFTC’s Suit vs. Binance
The latest price moves in crypto markets in context for March 28, 2023.
CFTC-Binance Lawsuit Could Worsen Crypto Market Liquidity, Pull Bitcoin Down to $25K: Observers
Low liquidity means a wave of buy or sell orders can have an outsized impact on bitcoin's market price.
XRP Surges to Five-Month High as Some Point to Bitcoin Commodities Mention
The U.S. Securities and Exchange Commission (SEC) accuses XRP of being an unregistered security in a court case that’s expected to be completed soon.
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 Americas: First Citizens Scoops Up Big Chunks of Silicon Valley Bank
The latest price moves in crypto markets in context for March 27, 2023.
Bitcoin Has Benefited From U.S. Dollar Liquidity to Support Banks: Morgan Stanley
Traders on Binance now set the daily price for BTC with the crypto exchange’s share of trading volume reaching 80%, the bank said.
Bitcoin, Ether Prices Flatten During Week of Financial Turmoil
Despite banking unrest and increased regulatory scrutiny, bitcoin and ether were trading roughly where they started the week.
Bitcoin Edges Below $28K as Investors Weigh Deutsche Bank Contagion Fears
But the largest cryptocurrency by market capitalization is still up about 16% in March. Ether dropped below $1,800.
Here's Why Crypto Traders Should Be Attentive to 'De-Inversion' of Treasury Yield Curve
The Treasury curve suggests the widely anticipated U.S. economic recession is near. Historically, the signal has brought pain to risk assets.
