Bitcoin
Why LFG's BTC Buying Spree Barely Moved the Markets This Time
The Luna Foundation Guard (LFG) added over $173 million in bitcoin (BTC) to its TerraUSD stablecoin reserves, totaling its holdings to almost 40,000 BTC, or roughly $1.67 billion. “The Hash” group discusses the lack of a bitcoin price reaction to LFG’s purchases, the correlation of bitcoin to traditional markets and the “tribal nature of crypto.”
Crypto Funds See Largest Weekly Outflows Since January
Some $134 million flowed out of digital asset funds in the week through April 8 as investors took profits and fled bitcoin-focused funds.
First Mover Americas: Bitcoin Out of Bullish Trend, Would Fed Backstop Markets Again?
The latest moves in crypto markets in context for April 11, 2022.
Bitcoin Slips Under $42K as Mounting Macro Risks, Dollar Strength Overshadow LFG Purchases
Macro uncertainties keep traditional investors from following LFG's lead in accumulating bitcoin at current valuations.
First Mover Asia: What’s in HSBC’s Metaverse Fund for Hong Kong, Singapore Private Banking Clients?; Bitcoin Declines
The financial services giant has been short on specifics, and the mystery underscores the difficulties in defining what belongs in such products; ether also falls.
While You Were Out Partying, I Studied Bitcoin Development
Open-source software discussions were the best-kept secret at Bitcoin 2022 in Miami.
The Meaning of Miami's Castrated Bitcoin Bull
"[In] Miami we have big balls," Mayor Suarez said on CoinDesk TV, referring to the Bitcoin 2022 statue that lacks that anatomical part.
Market Wrap: Cryptos Waver as Speculators Lose Interest
Open interest in the BTC futures market is starting to decline.
BTC Slides Below $43K During Bitcoin Miami Conference
CoinDesk Managing Editor for Markets Brad Keoun discusses the lack of a market boost from the Bitcoin 2022 conference in Miami, as BTC slides below $43K. Plus, Keoun weighs in on what Janet Yellen’s recent speech means for the crypto space and short-term bitcoin price predictions.