Markets
Bitcoin's Price Action Is Encouraging, But It May Not Signal Bottom: Traders
The cryptocurrency's price needs to trade above its 21-week moving average to confirm a bottom, one trader said.
Crypto Markets Today: Kraken Becomes the Latest Industry Giant to Cut Its Workforce
The crypto exchange is cutting 30% of its global staff. ALSO: Bitcoin surges along with equity markets on the Federal Reserve Chair’s dovish tone in a speech Wednesday.
Bitcoin Correlation With the Dollar Index Turns Negative, Again
Asset managers reduced long positions in BTC for a third consecutive week.
Crypto's Ugly November Draws to Close With ‘Sam Coins’ in Gutter, Bitcoin Down 18%
The FTT token, along with Serum's SRM and Solana's SOL, plunged amid the dramatic collapse of Sam Bankman-Fried's FTX exchange. Bitcoin had its worst loss in five months.
Fed Likely to Raise Rates by 50 Basis Points in December; Bitcoin Jumps
Federal Reserve Chair Jerome Powell said that "it makes sense to moderate the pace of our rate hikes" as soon as December.
Crypto Trader Auros Global Misses Payment on DeFi Loan as FTX Contagion Spreads
The company missed payment on a 2,400 wrapped ether loan worth $3 million from a M11 Credit pool on Maple Finance.
First Mover Americas: Coinbase Wallet Ditches 4 Tokens
The latest price moves in crypto markets in context for Nov. 30, 2022.
Crypto Markets Today: Huobi’s HT Token Climbs After Exchange Discloses Airdrop
The company will send a digital token to users via Huobi Prime, its exclusive token offering platform.
Huobi Token Surges After Crypto Exchange Discloses Airdrop of Dominica Coin
The deal is noteworthy partly because of its connections to crypto billionaire Justin Sun, founder of the Tron blockchain where the Caribbean island's new token will initially reside.
First Mover Americas: BlockFi the Latest Chapter (11) in FTX Saga
The latest price moves in crypto markets in context for Nov. 29, 2022.
