Markets


Markets

Bitcoin is Behaving as the Uncorrelated Asset That Some Investors Want, if Only Its Price Would Increase

Bitcoin’s recent decoupling from traditional finance keeps it on the sidelines as other asset prices have surged.

Anne Nygard (Unsplash)

Markets

Public Mining Companies Offer Better-Than-Bitcoin Price Exposure in 2023

Core Scientific (CORZ), Riot Blockchain (RIOT), Bitfarms (BITF), Iris Energy (IREN) and CleanSpark (CLSK) have performed better than BTC this year, as this chart shows.

Bitmain Antminer S19 Hydro mining rigs, the company's latest technology, installed at a Merkle Standard facility in Washington state. (Eliza Gkritsi/CoinDesk)

Markets

First Mover Americas: Dogecoin Takes Center Stage

The latest price moves in crypto markets in context for July 26, 2023.

Shiba Inu Doge mascot (Twitter)

Markets

Bitcoin Risks Deeper Price Losses Below 50-Day Average: Analysts

A break below the 50-day simple moving average would shift the focus to long-term support near $25,200, one analyst said.

BTC's daily chart (TradingView/CoinDesk)

Markets

Bitcoin Breaks Below Key Technical Indicator, but Appears Poised to Continue Its Flat Trajectory

Wednesday’s Federal Reserve likely decision to raise the interest rate 25 basis points appears to be priced into crypto markets

(Getty Images)

Finance

Optimism Tokens Worth $36M to Be Unlocked on Sunday; OP Slides 3.5%

Before the previous unlock, the token plunged more than 10% before recovering on the day.

Optimism token unlock schedule (token.unlocks.app)

Markets

First Mover Americas: Bitcoin at $29K Continues to Trade Near One-Month Low

The latest price moves in crypto markets in context for July 25, 2023.

CD

Markets

Fed Preview: Crypto Observers See Powell Keeping Door Open for Rate Hikes Beyond July

A 25 basis point rate increase on Wednesday is a foregone conclusion. The question is whether the Fed will continue to raise rates in subsequent months.

Federal Reserve Board Building (AgnosticPreachersKid/Wikimedia)

Markets

Crypto Investors Sour on Bitcoin Funds After Massive Inflows, Turn Instead to Ether and XRP

Digital asset investment products recorded outflows last week for the first time since mid-June, CoinShares reported.

Digital asset fund flows (CoinShares)

Markets

Bitcoin Drops to $29K Amid Binance Story, China Woes; XRP, SOL Lead Altcoin Slump

Regulatory uncertainty surrounding Binance, the largest crypto exchange, tends to weigh on crypto prices.

BTC daily price (CoinDesk)

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