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Markets
Shiba Inu's SHIB Jumps Amid Speculative Frenzy, BONE Proposal
SHIB rose by nearly 48% in value since the weekend before a sell-off this morning.
Bitcoin Slips to Nearly $20K, Citi Sees 50% Chance of Recession
Premarket futures for U.S. indexes fell, while Asian equities took a hit on Wednesday.
Market Wrap: Crypto Rally Continues, Smaller Altcoins Outperform Bitcoin in June
BTC is up 22% since Saturday’s low of $17,593.
CoinShares Report Shows Major Outflows From Bitcoin Short Funds
Digital-asset investment products see $39 million in outflows last week, with total assets under management reaching lowest level since February 2021.
'Enormous Outflows' From Largest Bitcoin ETF May Have Triggered BTC Crash
The Canadian Purpose Bitcoin ETF lost half of its assets last Friday likely because of a huge liquidation, an Arcane Research analyst said in a note.
Bitcoin Holds Steady Above $21K Amid Stock Gains
Ether is also up over the past 24 hours, although analysts warn that the crypto rally is unlikely to last.
First Mover Americas: Altcoins Lead as BTC Struggles to Stay Above $21K
The latest moves in crypto markets in context for June 21, 2022.
Bitcoin Recovers to $21K, Traders Still Wary of Further Rally Due to Recession Fears
Analysts at Morgan Stanley and Goldman Sachs said in a note on Monday that recession risks were not “fully priced in.”
Market Wrap: Bitcoin Holds Above $20K Amid Light Trading
U.S. equity markets were closed in celebration of the Juneteenth holiday.
Solana, Ether Lead Gains in Relief Rally, but Traders Say Macroeconomic Concerns Remain
“It’s foolish to forgo the wider macro context in which crypto and finance operate,” one analyst said.
