Bitcoin


Markets

Bloomberg's McGlone Warns of ‘Predominant Deflationary Forces’

Bloomberg anticipates continued deflation and peak oil similar to 2018. This could be negative for bitcoin.

pop balloon inflation

Markets

Crypto Futures Saw Record $10B Worth of Liquidations on Sunday

Record futures liquidations show leverage was excessively skewed bullish.

skew_btc_futures_annualized_rolling_3mth_basis

Markets

If Bitcoin Starts Closing Below the 50-Day SMA It May Mean Deeper Pullback Ahead

"The loss of bullish momentum is only short term in nature," one chart analyst said.

BTC dailies 1

Markets

Bitcoin Price Falls $8K to 3-Week Low, Altcoins Crash

Bitcoin nosedived to a three-week low of $52,148 during Sunday's Asian hours.

Bitcoin's price fell from near $60,000 to just above $50,000 in a short period.

Markets

Retail Traders Drove Bitcoin Higher Leading Up to Coinbase Listing, Data Shows

"The whale entities chart could show that smaller retail investors are purchasing bitcoin, and large holders are selling into that rally," one hedge fund CEO said.

Retail traders were eager to get in on the bitcoin action.

Markets

Market Wrap: Bitcoin Near $62K, Recovers Slowly From Turkey Crypto Payment Ban; Dogecoin Jumps

“The biggest fear for many crypto traders has always been that big governments might impose harsh restrictions on cryptocurrencies,” said one analyst.

CoinDesk Bitcoin Price Index

Markets

Dogecoin No Longer Pup After Tripling Past $50B, Exceeding UK Bank Barclays

DOGE now has a market value of more than $50 billion, surpassing the giant U.K. bank Barclays after tripling in price.

CoinDesk's Nikhilesh De summoned this meme on dogecoin, itself a meme.

Markets

Bitcoin Options Traders Continue to Place Bullish Bets as They Stack $80K Calls

Option traders continue to snap up cheap out-of-the-money call option at the $80,000 strike.

open-interest-by-strike (1)

Finance

Morgan Stanley Confirms Wealth Management Clients Have Access to 2 Crypto Funds

In the bank’s first quarter earnings call Friday, CFO Jonathan Pruzan said Morgan Stanley would offer more crypto services if clients showed more interest.

Morgan Stanley CEO James Gorman