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Markets
Ether Traders May Be Hedging Against DeFi Slowdown: Analyst
Some are calling the white-hot Defi space a bubble that is unsustainable.
First Mover: Bitcoin Acts Like a Tech Stock and Ethereum Classic Traders Shrug Off 51% Attacks
Market onlookers are scrabbling for a new narrative as some argue last week's tech rout might explain bitcoin's latest price drop.
Bitcoin's Correlation With Gold Hits Record High
Bitcoin is now more closely tied to safe haven gold than ever.
Bitcoin Options Suggest Investors Hedging but Still Long-Term Bullish
Bitcoin's options market retains long-term bullish bias despite the recent price pullback, data shows.
Investors Buying Bitcoin Amid Price Slump to Near $10K, Data Shows
Despite bitcoin shedding over $2,000 in the last few weeks, the "buy the dip" mentality in the market still appears strong.
First Mover: Buying Bitcoin's Dip, Betting Against Tether and Weighing the Jobs Report
Crypto traders appeared to be buying the dip after Thursday's 11% plunge. ALSO: There's a contract for that: How to hedge Tether's credit risk.
V-Shaped Recovery From Bitcoin's Biggest Drop Since March Unlikely, Say Analysts
Despite a slight bounce Friday morning, some analysts don't expect bitcoin to chart a quick recovery from the double-digit price drop over the last two days.
3 Reasons Bitcoin Just Tanked Below $11K for First Time in a Month
Cryptocurrency analysts attributed the drop to a combination of risk-off sentiment in traditional markets, DeFi exhaustion and miner selling.
Bitcoin Plunges $403 in 1 Hour to Lowest in a Month
The price plunge came after reports traders were selling an elevated level of bitcoin to exchanges for potential liquidation.
Bitcoin Risks Deeper Price Pullback as Exchange Inflows Spike
Wednesday saw a flurry of deposits onto exchanges, indicating some investors are trying to offload their bitcoin. That could further propel prices downwards.
