Frances Yue

Frances Yue

Latest from Frances Yue


Markets

Market Wrap: Bitcoin Flat; Fed’s Powell Grilled on Crypto

The Federal Reserve chief signaled the U.S. central bank isn’t likely to dial back monetary stimulus anytime soon.

bitcoin price from July 13 to July 14

Markets

Market Wrap: Bitcoin Weakens as US Inflation Hits 13-Year High

Buyers are snapping at bitcoin whenever it dips to $30,000, but the cryptocurrency’s price response to faster inflation readings is puzzling Wall Street analysts.

Bitcoin price

Markets

Market Wrap: Bitcoin Drops as Traders Await June CPI Inflation Report

Analysts described the muted activity in spot, derivative and on-chain metrics as "calm before the storm."

Bitcoin trades lower today.

Markets

Crypto Funds See Net Outflows of $4M

Bitcoin saw the quietest trading week since October.

Crypto funds saw net redemptions last week, reversing from the prior week's swell of inflows.

Markets

Market Wrap: Bitcoin Rises After Volatile Week

Analysts see the possibility of further selling pressure despite short-term relief.

Bitcoin 24-hour price chart, CoinDesk 20.

Markets

Market Wrap: Bitcoin Sells Off as Regulatory Concerns Resurface

“We expect volatility to remain under pressure until mid [to] late August,” said one trading firm.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Circle CEO Says USDC to Take High Road, But It's a Long Road

Jeremy Allaire made the promise at a time when investors have been demanding more transparency around USDC.

Circle CEO Jeremy Allaire.

Markets

Market Wrap: Ether Outperforms Bitcoin as Crypto Sentiment Improves

Ether is attempting to break above the 50-day moving average for the first time since March.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Bitcoin Miner Profitability Could Double After Record Drop in Network Difficulty

Mining economics have improved significantly, according to one analyst.

Technicians exit a cooling chamber adjacent to a wall of bitcoin mining machines at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia, China.

Markets

Market Wrap: Bitcoin Consolidates Amid China Crackdown

China’s announcement preceded choppy price moves around $34,000, which left traders with little sense of direction.

Bitcoin daily price chart, CoinDesk 20

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