Markets


Tech

Stablecoin Cashio Suffers 'Infinite Glitch' Exploit, TVL Drops by $28M

Cashio's CASH token has lost almost all its value, as of the time of writing.

Hacker (Getty/Seksan Mongkhonkhamsao)

Markets

Fed Chair Powell’s Hawkish Stance on Inflation Could Hurt Crypto

Interest rate hikes could drive down crypto, especially because of its strong correlation with traditional financial markets, analysts say.

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during the National Association of Business Economics (NABE) economic policy conference in Washington, D.C, U.S., on Monday, March 21, 2022. The theme of this year's annual meeting is "Policy Options for Sustainable and Inclusive Growth." (Valerie Plesch/Bloomberg via Getty Images)

Markets

Bitcoin Rises Above $42K; Resistance at $46K-$50K

Momentum is turning bullish over the short term.

Bitcoin daily price chart shows support/resistance. (Damanick Dantes/CoinDesk, TradingView)

Markets

Cryptos Reclaim $2T Capitalization, Cardano’s ADA Leads Gains in Majors

Crypto markets added nearly 3.2% to their overall market cap in the past 24 hours, data shows.

(jayk7/Getty Images)

Markets

3 Reasons Bitcoin Is Staying Resilient to Powell's Hawkish Remarks

The inversion of the yield curve signals the Fed may compromise in the future, so it's a good sign in part, one trader said.

Bitcoin tops $43K even as Powell opens the doors for a 50 basis point rate hike. (CoinDesk, Highcharts.com)

Markets

Crypto Funds Suffer Second Straight Week of Outflows

Investors continue to be daunted by the uncertain market and economic environment.

Chart shows two straight weeks of outflows from crypto funds after netting inflows for seven straight weeks. (CoinShares)

Markets

Bitcoin Lower for Second Day as Price Slides Toward $40K

Crypto analysts are divided on lingering market impact of the Fed's rate hike.

Bitcoin (BTC) was changing hands at $41,088 as of press time, down 0.35% over the past 24 hours. (CoinDesk)

Finance

First Mover Americas: CME Futures Open Interest Hints at Bitcoin Bottom, Ether Breaks Out

The latest moves in crypto markets in context for March 21, 2022.

(Bloomberg Finance LP/Getty images)

Markets

Goldman Sachs Conducts First Over-the-Counter Crypto Trade With Galaxy

Michael Novogratz's Galaxy says it's building on the relationship with Goldman as more Wall Street clients seek to push into cryptocurrency trading.

Goldman Sachs Group logo (Daniel Acker/Bloomberg via Getty Images)

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