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Markets
Crypto Traders Need to Pay Attention to Chinese Yuan
The PBOC's potential intervention to stem yuan volatility could accelerate gains in the dollar index and add to crypto market's woes, one observer said.

First Mover Americas: Bitcoin Slumps Back to $27K on Fed Worry
The latest price moves in crypto markets in context for May 31, 2023.

Bitcoin Recedes to $27K as Fed's Mester Favors Unabated Tightening
"I don't really see a compelling reason to pause rate hikes," Fed's Mester said, validating the recent hawkish repricing of interest rate expectations in the U.S.

Bitcoin Edges Below $28K as Investors Eye U.S. Debt Ceiling Progress
Investors awaited a House vote on the debt limit deal, scheduled for Wednesday.

First Mover Americas: Bitcoin on Track for First Monthly Loss of the Year
The latest price moves in crypto markets in context for May 30, 2023.

Bitcoin Headed for First Monthly Loss in 6 Months
The liquidate wave from the narrative of lower inflation has now run its course and the market needs a new driver and theme to lift prices higher, one observer said.

Optimism Token Prices Slide 7% Ahead of $580M OP Unlock, Doubling Token Supply
The initial vesting period for early investors and contributors ends today and will nearly double the circulating supply of the tokens.

Dogecoin Chart Pattern Suggests Volatility Explosion Ahead
A technical analysis indicator called Bollinger bandwidth suggests dogecoin's unusual calm could soon end with a pronounced move in either direction.

Bitcoin's Short-Term Holders Are Again Selling at Profit
Short-term holders' renewed profitability is a positive signal for near-term price action, according to on observer.

Shiba Inu-Themed Floki Sees Trading Volume Surge Amid China Plans
Floki prices rallied on Sunday amid a bitcoin-led market push and bets on the token's “China narrative.”
