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Markets
U.S. Government's $1B Bitcoin Transfer Spooks Investors; Bitcoin Dips
The price of bitcoin dipped below $22,000 early Wednesday after authorities moved some of the bitcoin to Coinbase-controlled wallets.
DeFi Protocol Maverick Unveils UniSwap Rival Decentralized Exchange on Ethereum
Maverick Protocol said its automated market maker algorithm offers investors more customization and the potential to earn greater profits than on top decentralized exchange UniSwap.
First Mover Americas: Bitcoin Belted by Rate Fears
The latest price moves in crypto markets in context for March 8, 2023.
Bitcoin Slips to 3-Week Low as Market Sees Federal Reserve Lifting Rates to 5.65%
The fed funds futures show traders pricing in a higher-for-longer interest rates mantra by the Fed.
Bitcoin Rebounds Above $22K, Equities Struggle After Fed Chair Powell Says Rates Are ‘Likely to Be Higher’
Over 70% of traders now see the possibility of a 50 basis point rate hike at the March FOMC meeting. Bitcoin has dropped 1.6% in the past 24 hours but remained rangebound.
First Mover Americas: Grayscale Bitcoin Trust at Issue in Court
The latest price moves in crypto markets in context for March 7, 2023.
Ether Call Options Look Attractive Relative to Bitcoin as Volatility Spread Dwindles: Matrixport
The crypto services provider suggests collecting a premium by selling bitcoin call options and using the same to fund the purchase of ether calls.
Silvergate’s Struggles Will Likely Boost Stablecoins’ Role in Crypto Trading: Kaiko
Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to exchanges.
Bitcoin Continues Trading Sideways at $22.4K as Silvergate Concerns Mount
BTC has traded in a narrow range since it dropped sharply last Thursday because Silvergate’s woes have grown increasingly apparent.
Tether's USDT Stablecoin Market Share Rises to Highest Level in 15 Months
USDT’s market share among stablecoins surpassed 54% on Monday, its highest level since November 2021.
