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Peer-to-Peer Bitcoin Exchange Paxful Is Suspending its Marketplace
Paxful – a peer-to-peer (P2P) platform for trading bitcoin (BTC) – is suspending its marketplace and is unsure whether operations will resume, according to a message from CEO Ray Youssef published on its website. "The Hash" team discusses the latest developments as Youssef says the Paxful Wallet will remain in operation for customers to retrieve their funds.
Bitcoin Is Still in Its ‘Safe Haven Period’: Analyst
Bitcoin is over $28,000 on Thursday, up more than 20% in the last month. Mark Connors, 3IQ head of research, attributes part of that rise to uncertainty in the banking sector and the arrests of Do Kwon and Sam Bankman-Fried.
Bitcoin Below $28K Amid Inflation Concerns
A new research report from Morgan Stanley says expectations of increased U.S. dollar liquidity to support the banking sector following a string of forced closures have helped BTC rally. MarketVector Indexes Digital Asset Product Strategist Martin Leinweber discusses bitcoin's recent price action amid lingering concerns about the banking failures and inflation.
Open Interest in Bitcoin Futures Reaches Yearly High of $12B: Coinglass Data
The dollar value locked in the number of open bitcoin (BTC) futures contracts is rising, signifying increased speculative interest in the market and potential for price volatility. Data from Coinglass shows that the nominal value of open interest has reached a yearly high of $12 billion, marking a 7% gain for the month. "The Hash" panel discusses what this means for the biggest cryptocurrency by market capitalization and the wider crypto market.
Bitcoin Breakout Puts $28K in View
The cryptocurrency's swift move above a resistance level dating back to August 2022 has strengthened the case for a continued rally.
Bitcoin Dominance Reaches 9-Month High
The bitcoin dominance rate has climbed amid increasing turbulence in crypto markets, and more lately as the price of bitcoin also reached a nine-month high.
BTC, ETH Trading Flat Ahead of Powell Testimony
Maple Finance Head of Capital Markets Quinn Thompson discusses his outlook for the crypto markets as BTC, ETH, and most other major cryptocurrencies continue to trade flat ahead of U.S. Federal Reserve Chair Jerome Powell speaking before Congress on Tuesday. Plus, insights into the stablecoin market.
What Global Liquidity Conditions Mean For Crypto Market Performance
Sean Farrell, Head of Digital Asset Strategy at crypto research firm Fundstrat Global Advisors, discusses his outlook for bitcoin (BTC) amid low liquidity levels and what strategy he's advising for investors. Plus, a closer look at BTC's performance during regional Forex trading hours.
Bitcoin Off to Positive Start in March
March has been an unpromising month for bitcoin (BTC), with prices falling in seven out of the past 12 years. Nevertheless, bitcoin is off to a positive start this month as Chinese factory activity smashed expectations in February, rising to its highest level in 11 years. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.