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Markets
Bitcoin Soars Past $24K to Reach 2-Week High
Investors liquidated some $60 million of BTC short positions over the past 24 hours, pushing the price higher Wednesday, data shows. Ether also climbed.

First Mover Americas: Lido DAO’s Governance Token Jumps 17%
The latest price moves in crypto markets in context for Feb. 15, 2023.

Explaining the Disconnect Between Bitcoin and Treasury Yields Post-US Inflation Data
Bitcoin and technology stocks rose Tuesday even as a hotter-than-expected U.S. CPI figure revived Fed angst and lifted Treasury yields.

Coinbase: Ether Selling Pressure Should Be Fairly Limited Around the Shanghai Fork Upgrade
The amount of potential selling pressure around Ethereum’s planned upgrade has been complicated by Kraken’s decision to wind down its U.S. staking business, according to a research report.

Cardano Gets 'Valentine' Upgrade: Here’s How it Benefits ADA Token
The ‘Valentine’ upgrade was pushed live on the mainnet in early Asian hours on Wednesday. Native ADA tokens outperformed crypto majors.

Crypto Markets Analysis: CPI Data Shakes Crypto Markets Before Cooler Heads Prevail
Erratic moves immediately following the CPI data release steadied as the day progressed.

Bitcoin Rebounds Above $22K After Tepid Inflation Readings
Bitcoin dropped initially after the Bureau of Labor Statistics monthly report but then surged. Ether is up nearly 5%.

Bitcoin’s UTXOs Are Close to All-Time High; Here’s Why It Matters
The Bitcoin network is getting more active with increasing block sizes, transactions, and overall UTXO counts.

First Mover Americas: Bitcoin Posts Slight Gains Ahead of US CPI Data
The latest price moves in crypto markets in context for Feb. 14, 2023.

Investors Rush to Tether as Paxos' BUSD Faces Regulatory Heat, Curve Liquidity Pools Show
Investors are fleeing the Paxos-issued stablecoin even though the firm gave assurances it is fully backed and will be wound down in an orderly manner, one observer said.
