Bitcoin Rally Evaporates as Price Tumbles Below $40K Friday Afternoon
The crypto’s divergence from stocks earlier this week has proven to be short-lived.
Bitcoin Extends Pullback Toward $37K-$40K Support Zone
BTC is in a wide trading range with strong overhead resistance. Technical indicators are mostly neutral.
Pplpleasr Will Not Always Please You: The Rise of NFT Artist Emily Yang
It was initially an accident for this artist to get into NFTs, but she’s now realizing a lifelong dream to create for herself.
Shake Shack Offering Bitcoin Rewards for Customers Using Block’s Cash App
The burger chain is testing customer demand for cryptocurrency options, especially among its younger clientele.
First Mover Americas: Number of Bitcoin Held by Funds Hits Record High
The latest moves in crypto markets in context for March 4, 2022.
Bitcoin Slips Under $42K While Active Supply Reaches Yearly High
The cryptocurrency is approaching $41,000, although one analyst says geopolitical tensions could fuel a run to over $50,000.
Bitcoin Drops for Third Straight Day as Dollar Hits 21-Month High, US Wages Eyed
A continued uptick in wages would imply more inflation and strengthen the case for rate hikes by the Fed.
First Mover Asia: China to Widen Test of Digital Yuan as Russia Invasion Spotlights Crypto’s Potential Role; Cryptos Decline
The country is close to approving trials of the central bank digital currency in a number of cities and regions; bitcoin and ether drop as risk-on appetite fades.
Stablecoin Supply Ratio Rises Alongside Crypto Prices
In today’s “Chart of the Day” segment, Christine Lee presents a chart illustrating the stablecoin supply ratio (SSR), which has risen over the past week alongside crypto prices. Questions arise about whether traders will choose to hold their stablecoins or bitcoin, and how these decisions can affect price shifts.
