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Markets
Market Wrap: Cryptos Mixed Amid NFT Slowdown, Meme Coins Surge
During a shortened week in traditional markets, with U.S. stock exchanges closed on Friday, bitcoin struggled for direction, hovering around $40K, while DOGE and SHIB experienced wild swings.
XRP, Dogecoin Outperform as Crypto Markets Continue Slide
XRP’s rise came amid positive sentiment for the payments tokens as Ripple founder Brad Garlinghouse said his company’s ongoing defense against the SEC’s lawsuit was going “much better than expected.”
Bitcoin Regains $40K as Sentiment Turns to 'Extreme Fear'
Some analysts continue to remain bullish on the future prices of the world’s largest cryptocurrency.
Bitcoin Neutral, Support at $37K and Resistance at $46K
Bullish countertrend signals require weekly price closes above $40K.
Bybit Replaces CME as No. 2 Bitcoin Futures Exchange by Open Interest
One trader cites Bybit's higher leverage limit, but other factors may at play, too, analysts say.
Terraform Labs Gives $820M in LUNA Tokens to Luna Foundation Guard
LFG's reserves now stand at about $2.4 billion.
Bitcoin Holding Support at $40K; Resistance at $43K-$47K
Selling pressure has weakened, which could pave the way for a price bounce.
Bitcoin Jumps Above $41K, Rising With Nasdaq, S&P
The largest cryptocurrency whipsaws around the $40,000 level as markets digest elevated U.S. inflation readings.
First Mover Americas: Bitcoin's 4-Year Halving Cycle May Be Dead
The latest moves in crypto markets in context for April 13, 2022.
Coinbase Says Idiosyncratic Variables Still Impacting Crypto Returns
This supports the use of digital assets for portfolio diversification, the report said.
