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Markets
Interest Surges in Bitcoin Speculation, But It Might Be Bearish
Open interest in bitcoin perpetual swaps – a type of leveraged trading contract in cryptocurrency markets – has spiked to an all-time high.

Decentralized Exchange Token GMX Surges After Binance, FTX Listings
GMX gained popularity for defying this year’s crypto rout, and it nearly hit its previous all-time high after the listings news.

First Mover Americas: Bitcoin Stays Above $20K as US Stock Futures Drop After 2 Days of Big Gains
The latest price moves in crypto markets in context for Oct. 5, 2022.

Market Wrap: Markets Seem Hopeful the Fed Will Temper Rate Increases That Crushed Prices
Unexpectedly poor data on U.S. job creation spurs speculation the worst of the bear market may be over.

First Mover Americas: Bitcoin Busts Past $20K on Hopes of Fed Pivot
The latest price moves in crypto markets in context for Oct. 4, 2022.

Bitcoin Gains Momentum on Fed Pivot Narrative, but Some Banks Anticipate Dollar Rebound
Bitcoin rose above $20,000 soon before press time, extending Monday's "ISM-induced" gains as dollar continued to lose ground.

Shares in Grayscale's Bitcoin Trust Trade at 36% Discount to Fund's NAV
The shares first slipped into the discount category in February 2021 primarily due to alternatives like ETFs becoming available in Canada and Europe.

Luna Classic, Remnant of Terra Collapse, Drops After Underwhelming Binance Burn Mechanism Data
Binance’s scheme destroyed only 0.08% of LUNC’s bloated supply, too minuscule to have a lasting impact on the hyperinflated token.

Market Wrap: Bitcoin and Ether Kick Off Week in Positive Territory
“Whale” investors moved a large amount of bitcoin off exchanges, which is often a bullish signal, showing investors are more interested in holding on to their bitcoin.
