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Markets
Bitcoin Drops $9K in an Hour on Spot Market Selling; El Salvador Again Buys the Dip
The leading cryptocurrency is currently trading around $47,960.

Bitcoin Confined to Familiar Range as Stocks Rise Ahead of Payrolls Data
Payrolls data is forecast to show the U.S. economy added 550,000 jobs in November after 531,000 additions in October.

Bitcoin’s Bullish Trajectory Intact, but December Jump to $100K Looks Unlikely: Analysts
With the end of the year approaching, most investors will probably liquidate positions to present decent annual performances, one observer said.

Large Traders Dominate DEXs as High Ethereum Fees Keep Retail Investors at Bay
The average trade size on Curve Finance ranges from $500,000 to $1 million, according to Kaiko.

Want Stocks With NFT Exposure? This ETF Has You Covered
The product from Defiance ETFs tracks a basket of crypto-related stocks, some of which are dabbling in NFTs.

Stacks Network’s STX Token Jumps 50% as Bitcoin Struggles Amid Seesawing Fed Rate-Hike Bets
Some believe Jack Dorsey’s exit at Twitter may be a reason for STX’s surge.

Bitcoin’s 6-Month ‘Put-Call Skew’ Flips Bearish for First Time Since May
Participants may be hedging long positions or taking outright bearish bets on bitcoin.

Bitcoin Back on the Defensive as Moderna CEO Warns of Reduced Vaccine Efficacy, Exchange Inflows Eyed
Bitcoin slipped 2.5%, hitting lows of under $56,000, while the futures tied to the S&P 500 declined by 1.2%.

DeFi Protocol Omicron’s Token Jumps 10-Fold After Namesake COVID Variant Emerges
OMIC’s surge is perhaps an evidence of peak irrationality.

Goldman Says Fed May Accelerate Tapering in January: Report
The new projection means the asset purchase program would end in March.
