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Markets
Excessive Volatility Hindering Further Mainstream Adoption of Bitcoin, JPMorgan Says
The bank said Ethereum is also facing challenges due to declining market share in the DeFi and NFT sectors.
Morgan Stanley Says Bitcoin’s 50% Correction Is Nothing New
The slide is within historical norms, the bank’s analysts said.
Bitcoin's 'MACD' Indicator Threatens Long-Term Bullish Bias as Rate Hike Fears Linger
Several Wall Street banks have penciled in five Fed rate hikes for 2022.
Anchor Protocol Reserves Slide as Money Market's Founder Talks Down Concerns
The reserves have slumped 50% in four weeks because of an imbalance between loan demand and deposits.
Tokens Related to Wonderland Developer Plunge After QuadrigaCX Revelation
Tokens of projects on the Avalanche and Ethereum networks started by Wonderland’s creator fell by as much as 22% in the past 24 hours.
Goldman: Bitcoin, Altcoins to Become More Correlated With Traditional Financial Market Variables
The bank’s analysts said digital assets won’t be immune to macroeconomic forces such as monetary tightening.
Bitcoin Worth $670M Leaves Centralized Exchanges After Hawkish Fed Comments
Most investors prefer to have direct custody of coins when they intend to hold them for a longer term.
DeFi Protocol Qubit Finance Exploited for $80M
The attack is the seventh-largest DeFi exploit by the amount of funds stolen, data shows.
Wonderland Rattled After Co-Founder Tied to Failed QuadrigaCX Exchange
A developer of the popular Avalanche money market was previously the co-founder of the infamous Canadian exchange QuadrigaCX.
Bitcoin, Ether Traders Lose $200M to Liquidations in Choppy Market
Bitcoin traders alone lost over $103 million.
