The Protocol: Coinbase Blockchain's Viral Use Case Puts Focus on Optimism's Tech
The week in blockchain tech: Crypto-fueled social marketplace Friend.tech goes viral on Coinbase's new Base blockchain, Shiba Inu community's "Shibarium" network aims for fresh start, and Ethereum experts handicap the competition between leading technologies for layer-2 networks.
‘We’ve Seen Enough’: Battered Bitcoin at $26K Can’t Stay Down Much Longer, Pantera’s Morehead Says
Fed Chairman Jerome Powell will be heard from later this week about the possible future direction of U.S. central bank policy.
Ether-Bitcoin Ratio Uptick Fails to Inspire Bullish Positioning in ETH Options
Options skew remains in favor of ether puts across different timeframes despite the past week's increase in the ETH/BTC ratio.
Nearly All Short-Term Bitcoin Owners Are Underwater, Making Rallies Harder
"The real problem is the current fragile market set-up for BTC, because short-term holders are underwater in both price and narrative," one observer said.
Bitcoin Settles in Below $26K as Altcoins Lead Crypto Declines
In the absence of any positive catalyst, cryptocurrencies took the path of least resistance.
Bitcoin Looks Most Oversold Since Covid Crash, Key Indicator Suggests
Bitcoin's relative strength index has dropped well below 30 to its strongest oversold reading since March 2020.
Bitcoin Bulls Mull the Meaning of New Fed Messaging on Inflation and Interest Rates
Instruments tied to interest rates compete with Bitcoin for investor dollars.
