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Markets
What Drives Crypto Users? Distrust of the System or Speculation?
A new survey finds people aren’t seeking out crypto as an alternative to fiat or commercial banks.
Fractional-Algorithmic Stablecoin Protocol Frax’s Governance Token Surges 80% on Supply Squeeze
About three-quarters of all circulating FXS supply is locked away for an average of 1.08 years, one analyst said.
Market Wrap: Bitcoin Rises Again as Altcoins Outperform
Bitcoin is back above $62K and investors are pumping more money into crypto funds.
DCG’s $1B Pledge and an SEC Filing Kindle Fresh Speculation on ‘Grayscale Discount’
Some cryptocurrency analysts are doubtful the discount will shrink anytime.
Bitcoin Pushes Upward After Weekend Dip
Funding rates across major exchanges were lower over the weekend, making it cheaper for traders to take more long leverage on bitcoin.
Shiba Inu Hits Record High as Bitcoin Eyes Weekly Price Loss
The previous SHIB coin pump in early May was followed by a market-side sell-off.
Bitcoin Bull Market Has Plenty of Steam Left, Indicators Suggest
While the bitcoin market valuations may not be cheap, they do not appear overstretched either.
Bitcoin’s Inflation Narrative More Compelling Than ETF Fever, JPM Says
The Wall Street bank is trying to pinpoint the fuel behind bitcoin’s latest rally.
Bitcoin Tumbles to $63K in Quick Retreat From All-Time High
Despite bullishness among many analysts, the largest cryptocurrency cedes ground after this week’s ETF-fueled rally.
