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Markets
Frax Finance Votes to Fully Collateralize Its $1B Stablecoin
The vote is a step for Frax’s native stablecoin frxUSD to retire its algorithmic element.

Crypto Markets Analysis: Bitcoin, Ether Exchange Balances Take Divergent Paths
Investors have begun sending bitcoin to exchanges while continuing to remove ether.

Coinbase Stock Tumbles 6%; Bitcoin Also Lower
Wednesday’s move lower may have less to do with the company’s earnings and more to do with a 4% slide in the price of bitcoin.

Bitcoin Volatility Holds Steady as the VIX and MOVE Spike
The relative stability is reflective of mainstream disinterest in the crypto market, one observer said.

First Mover Americas: Google Cloud Joins Tezos
The latest price moves in crypto markets in context for Feb. 22, 2023.

Filecoin, Storj Tokens Outperform Bitcoin Amid Increased Use of Decentralized Storage Protocols
The utility FIL token jumped 62% over the past week. Decentralized storage protocols have recently gained attention as their use has increased, an analyst said.

Crypto Markets Analysis: Bitcoin Breaches Rare ‘Golden Cross’ Threshold
The crossing of bitcoin’s 50- and 200-day moving averages has historically been a bullish indicator.

Crypto Analysts Scramble to Explain Bitcoin's Pause Near $25K
Bitcoin is struggling to establish a foothold above $25,000, a level that capped the August 2022 price bounce.

First Mover Americas: BNB-Bitcoin Ratio Falls to Lowest Level Since August
The latest price moves in crypto markets in context for Feb. 21, 2023.

BNB-Bitcoin Ratio Drops to Lowest Level in Six Months on Paxos-BUSD Drama
The recent regulatory action against Binance-branded BUSD stablecoin weighs over BNB token.
