Markets


Markets

The 3 Reasons Behind Bitcoin-Holder El Salvador's Deteriorating Creditworthiness

President Bukele's bitcoin policy and hawkish Fed expectations are clouding the credit outlook.

El Salvador's five-year credit default swap. (Bloomberg)

Markets

Bitcoin Holding Support Above $40K; Faces Resistance at $43K-$45K

Buyers could remain active into the Asia trading day as momentum improves.

El gráfico de precios de cuatro horas de bitcoin muestra el soporte/resistencia y el RSI en la parte inferior (Damanick Dantes/CoinDesk, TradingView)

Markets

Grayscale Bitcoin Trust Discount Hits Record at 26.5%

Analysts don't expect a spot bitcoin ETF conversion anytime soon, and in the meantime, investors in the GBTC fund are getting charged fees.

GBTC discount (Skew)

Markets

Number of 'Active' Blockchain Games Doubled in Past Year to Almost 400

The prices of tokens for gaming projects like Axie Infinity have fallen recently, but user metrics in this subsector of cryptocurrencies are soaring.

(AxieInfinity.com)

Markets

Cardano's ADA Token Leads Crypto Majors Lower, Bitcoin Nears $41K as Bond Yields Rise

Bitcoin appears to have led Nasdaq and other risk assets in pricing Fed jitters.

Cardano's ADA token drops 10% (Tradingview)

Markets

Opyn’s New ‘Squeeth’ Raises Ether Trading to the Power of Two

In yet another example of the crypto industry's tendency to combine innovation with leverage, the new "Squeeth" index (for squared-ether) turns the options trade into a perpetual contract and can be used as a hedge.

Financialization means big directional bets and lots of leverage, propped up by a hype campaign. In crypto, those bets are often followed by a hard landing. (Creative Commons)

Markets

Bitcoin May Soon Wake From Slumber, Derivatives Data Indicates

Futures markets remain a powder keg for short-term volatility, one observer said.

Bitcoin traders may get busy again, as high futures open interest points to renewed price volatility (Source: Pixabay)

Markets

Morgan Stanley Says Crypto Markets Are Weakening as Central Banks Look to Tighten

The imminent start of central bank tightening is putting pressure on the crypto market.

morgan stanley

Markets

Technical Indicator Points to Bitcoin Price Bounce

The impending bearish moving-average crossover on the weekly chart has proven to be a contrary indicator in the past.

Bitcoin's price chart showing an impending bear cross between the 10- and 50-week moving averages. (TradingView)

Markets

Cardano Price Surges on SundaeSwap DEX Catalyst

The price is up to $1.55 in European morning hours on Monday from Sunday’s low of $1.28.

The SundaeSwap DEX is launching in beta on Cardano later this week. (RitaE/Pixabay)

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