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Bitcoin
Firms Like Ripple May Put 'Competitive Pressure' on Traditional Indian Banks: EY
The EY paper suggests that because Ripple is faster, less expensive and more transparent it could put “competitive pressure” on India’s traditional banking system.
Bitcoin Traders Are Buying More Downside Protection, Options Data Shows
A steep drop in the Bitcoin blockchain's hashrate may have prompted some traders to hedge, after prices fell to a three-week low.
Market Wrap: Bitcoin Recovers From Sunday Slump to $56K as Doge Jumps 19%
Volumes on the CoinDesk 20 eight spot BTC venues was over $8 billion for the first time since Feb. 23.
Bloomberg's McGlone Warns of ‘Predominant Deflationary Forces’
Bloomberg anticipates continued deflation and peak oil similar to 2018. This could be negative for bitcoin.
Crypto Futures Saw Record $10B Worth of Liquidations on Sunday
Record futures liquidations show leverage was excessively skewed bullish.
If Bitcoin Starts Closing Below the 50-Day SMA It May Mean Deeper Pullback Ahead
"The loss of bullish momentum is only short term in nature," one chart analyst said.
Bitcoin Price Falls $8K to 3-Week Low, Altcoins Crash
Bitcoin nosedived to a three-week low of $52,148 during Sunday's Asian hours.
Retail Traders Drove Bitcoin Higher Leading Up to Coinbase Listing, Data Shows
"The whale entities chart could show that smaller retail investors are purchasing bitcoin, and large holders are selling into that rally," one hedge fund CEO said.
