Markets


Markets

Celsius Reclaims $410M of 'stETH' Tokens After Paying Down $81M Debt to Aave

The embattled crypto lender Celsius is inching closer to fully paying off its loans from decentralized finance protocols, reducing its outstanding debt to $59 million.

Alex Mashinsky, founder and CEO of Celsius Network, at Consensus 2019 (CoinDesk)

Markets

Bitcoin 'Bear Flag,' Crypto Options Market Hint at Downside Risk

The hedging behavior of bitcoin market makers could exacerbate a price drop if there's a breakdown in the bearish chart pattern.

Emergence of a bear flag on bitcoin's daily chart suggests downside risk. (TradingView)

Markets

Bitcoin Drops to $19.7K as Recession Concerns Weigh on Financial Markets, Euro Nears Dollar Parity

Singapore’s state-owned investor Temasek said it sees more broader-market declines in the coming months.

Los precios de bitcoin cayeron a $19.700 esta mañana. (Adam Smigielski/E+/Getty Images)

Markets

Bitcoin's Inverse Correlation With Inflation-Adjusted Bond Yield Hits Record High

The real yield has surged by over 170 basis points this year, putting pressure on risk assets, including bitcoin.

Bitcoin is increasingly moving in the opposite direction to the inflation-adjusted bond yield. (Pixabay)

Markets

Market Wrap: Bitcoin Retraces Gains as Investors Await Inflation Announcement

BTC declined for the fourth consecutive day, erasing Friday’s push above $22,000.

(Unsplash)

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Signs Bitcoin May Have Bottomed: Here’s What Experts Told Us

Where will bitcoin bottom out? As investors face a crypto bear market, many are looking for signals the cryptocurrency has hit a bottom. There are no sure signs, but here's what seasoned traders look for.

(kaleb tapp/Unsplash)

Markets

First Mover Americas: Bitcoin Struggles to Hold $20.5K and Twitter Shares Dip 6%

The latest moves in crypto markets in context for July 11, 2022.

Bitcoin was struggling early Monday. (Pixabay)

Markets

Bitcoin in 'Accumulation' Phase, On-chain Indicators Suggest

Bitcoin's Puell Multiple and MVRV Z-Score indicate the cryptocurrency is undervalued. Similar readings have marked bear market bottoms in the past.

Indicadores clave sugieren que es momento de acumular bitcoin. (RichardMc/Pixabay, PhotoMosh)

Markets

Market Wrap: Bitcoin Gains for Third Consecutive Day as Binance Launches Zero Trading Fees

The crypto exchange giant's trading volume skyrocketed after its global new policy went live.

Bitcoin rose for the third straight day. (Shutterstock)

Markets

Celsius Pivots Toward Paying Off Aave, Compound Debt, With $950M Collateral as Prize

The troubled crypto lender Celsius started to make good on the $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim collateral it had posted as guarantees. The transactions come just a day after Celsius used a debt-paydown to reclaim collateral on Maker.

Celsius CEO Alex Mashinsky (CoinDesk archives)

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