Trading


Markets

Bitcoin's Dominance Rate Surges After U.S. Banking Crisis

Bitcoin's outperformance during the banking crisis indicates the cryptocurrency is the anti-dollar liquid play for investors, one portfolio manager said.

Bitcoin's dominance rate vs the SPDR S&P regional banking ETF (TradingView/CoinDesk)

Markets

Bitcoin Falls Slightly After Fed Rate Hike

BTC was down about 1% after the U.S. central bank boosted the federal funds rate by 25 basis points. Fed Chair Jerome Powell noted the central bank had omitted language signaling additional rate hikes at upcoming meetings.

Federal Reserve Chairman Jerome Powell (Drew Angerer/Getty Images)

Markets

Sui Token Surges as Trading Begins, Giving the Network a Fully Diluted Value of $13B

SUI tokens were offered to users of multiple crypto exchanges in a presale last week.

SUI surged 1,000% after its trading open on Binance. (Binance)

Markets

TrueUSD's Borrowing Rates Jumped to 100% as TUSD Soared to $1.20: Kaiko

Traders shorted TUSD to capture a 20% upside for the token’s intended $1 peg.

TUSD depegged temporarily due to low liquidity. (Kaiko)

Finance

Crypto Trading Platform Enclave Starts Fully Encrypted Spot Exchange

The new platform is secured by independent attestors, including Blockdaemon, Ava Labs, Republic Crypto and Enclave.

(Getty Images)

Markets

Pepecoin Overtakes Dogecoin, Shiba Inu Trading Volumes as Early Buyers Take Profits

One trader infamously took on a 50% slippage for getting out of their pepe position.

(Getty Images)

Markets

Bitcoin Climbs Above $28.5K as Investors Weigh Fresh Bank Woes, Cool Jobs Data

Ether also rose. Equity markets dropped, including stocks of two regional banks.

Bitcoin price chart. (CoinDesk)

Markets

Bitcoin Drops Below $28K; JPMorgan Takes Over Embattled First Republic Bank

BTC’s price had dropped from well above $29,000 on Sunday. Investors await Wednesday’s FOMC interest rate decision.

(Shutterstock)

Markets

Bitcoin Circles Above $29.5K as Investors Weigh Sluggish GDP, Latest Banking Woes

BTC dipped slightly during U.S. morning trading Thursday on the Commerce Department reporting a tepid gain in GDP for the first quarter and disappointing personal consumption data, before rebounding.

Bitcoin price chart (CoinDesk)

Markets

Bitcoin Volatility Hits Longs and Shorts as $175M Liquidated, $1B in Open Interest Wiped

Few leveraged futures traders were safe as bitcoin’s price movements impacted both longs and shorts.

(Unsplash)