Markets


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Bitcoin Futures Premium on CME Surges, Hinting At Institutional Demand

A futures-based ETF, if approved, could bring more buying pressure for the CME futures.

CME Group headquarters in Chicago, Illinois, U.S., on Friday Feb. 5, 2021. CME Group Inc. is scheduled to release earnings figures on February 10. Photographer: Christopher Dilts/Bloomberg via Getty Images

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Bitcoin Breaks $50K for First Time in a Month

The gain comes amid a weak start to October for U.S. stocks.

(CoinDesk)

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4 Factors Helping Bitcoin to Decouple From Falling Stock Market

Start-of-the-month price rallies are driven primarily by untrackable fund flows, one fund manager said.

Bitcoin decouples from the falling S&P 500 index (TradingView)

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Crypto Funds Draw $90M in New Money as Confidence Returns

Bitcoin-focused funds have attracted new capital for three straight weeks, after a period of outflows in recent months.

Weekly Crypto Asset Flows (CoinShares)

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Airdrop, Staking Announcement Power Axie Infinity’s AXS Token to Record High

The token has doubled in price since the announcements.

Axies from the play-to-earn game Axie Infinity.

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Bitcoin Steady at $48K as OMG Token Hits 3-Year High

OMG’s exchange balance is at its lowest level since September 2018

Lately, bitcoin has gravitated toward $48,000. (Unsplash, modified by CoinDesk)

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Friday’s Crypto-Market Breakout Caused Massive Short Covering, May Be Technically Significant: FSInsight

Technical breakouts made by some cryptocurrencies led to “massive short covering,” the firm said in a report.

fence, breakout

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Bitcoin Climbs Above $47K as Stocks Fall and Investors Eye Inflation

Reduced probability of a regulatory clampdown on crypto markets seems to be cushioning bitcoin from the instability of traditional markets.

Bull

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‘Coinbase Premium’ Indicates Whales on Binance May Be Behind Bitcoin’s Rally

Institutions outside the U.S. have turned more bullish, according to trading data.

Ballena. (Unsplash)

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Market Wrap: Bitcoin Above $42K; Analysts See Rebound Ahead

Historically, bitcoin has produced positive returns in the fourth quarter.

Bitcoin 24-hour chart (CoinDesk)

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