Bitcoin
First Mover Asia: Crypto Prices Rise on Better-Than-Expected US Inflation News
The consumer price index rose 7%, but many investors anticipated a steeper increase; bitcoin and ether prices notched solid gains during the U.S. trading day.
Market Wrap: Altcoins Rally as Bitcoin Buyers Return
FTM, XLM and SHIB were all up over 10% over the past 24 hours, compared with a 2% rise in BTC.
Dorsey Proposes Non-Profit Bitcoin Legal Defense Fund for Developers
Block founder and CEO Jack Dorsey proposed creating a legal defense fund for Bitcoin developers as the community faces “multi-front litigation” and “threats” that have forced some without legal support to “capitulate.” “The Hash” panel discusses what this means for the bitcoin community following Dorsey’s continued BTC advocacy.
Bitcoin Rises Above $43K; Resistance at $45K-$48K
The sell-off appears exhausted as buyers attempt to reverse a short-term downtrend.
Bitcoin, Inflation and the Expectations Game
For stocks, new data is often already "priced in." For bitcoin, it seems, things are different.
US Inflation Rose to Nearly Four-Decade High of 7% in December
The consumer price index is closely watched by bitcoin investors who view the cryptocurrency as a hedge against inflation.
Bitcoin's Options Market Trims Bearish Bias as US Inflation Report Looms
Bitcoin's put-call skews recede, signaling waning demand for downside protection.
Blockchain Indicator Suggests Bitcoin Could Be Close to Bottoming Out
Bitcoin looks undervalued relative to the annualized dollar value of coin dormancy.
Short Traders Lose $82M as Bitcoin Bounces to $43K
A little over $25 million of the losses came from bitcoin-tracked futures as inflation reassurances by the Fed caused a recovery in prices.
Market Wrap: Bitcoin and Equities Stabilize as Sentiment Improves
Buyers are starting to return, at least over the short term.
