Markets


Markets

Bitcoin Worth $1.2B Leaves Coinbase in a Sign of Persistent Institutional Adoption

Coinbase outflows represent continued institutional adoption of bitcoin as a macro asset, analytics firm Glassnode said.

Coinbase sees largest outflow of bitcoin since 2017. (Source: Glassnode)

Markets

Bitcoin Breakout Elusive as Traders Price In 7 Fed Rate Hikes for 2022

The Federal Reserve is likely to raise rates by 25 basis points on Wednesday, the first hike since 2018.

Bitcoin's price narrowly missed the $40,000 mark late Monday. (Source: CoinDesk, Highcharts.com)

Markets

Bitcoin Range-Bound Above $35K-$37K Support; Resistance at $40K

The sideways price range could result in higher volatility over the next two weeks.

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

Finance

First Mover Americas: Bitcoin's Price Bounce Stalls as 10-Year Yield Hits 32-Month High

The latest moves in crypto markets in context for March 14, 2022.

(Getty Images/iStockphoto)

Markets

Bitcoin Again Bounces Off 'Cloud' Support, Resistance at $42.6K

The Ichimoku cloud has consistently acted as a support during recent market swoons.

Bitcoin's weekly chart, highlighting the Ichimoku cloud support and recent bull failure above $42,600 (TradingView)

Markets

Fed's Powell Set to Remove Punch Bowl That Lubricated Crypto Party

The Fed appears set to raise interest rates next week for the first time since 2018. With inflation now at nettlesome levels and still climbing, the so-called "Fed put" might be out of action, one economist said.

Fed Chair Jerome Powell (House Financial Services Committee/YouTube)

Finance

First Mover Americas: Ether-Bitcoin Volatility Spread Slides, Bitfinex Shorts Surge

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

A roller coaster. (Mark Wilson/Getty Images)

Markets

US Inflation Rises to 7.9% in February, Fresh 4-Decade High

Bitcoin, seen by some investors as a hedge against rising prices or dollar devaluation, was little changed after the Consumer Price Index (CPI) report, which closely matched economists' expectations.

Inflation worries are front and center from cryptocurrencies to traditional markets. (Art Institute of Chicago, modified by CoinDesk)

Finance

First Mover Americas: Bitcoin Awaits Triangle Breakout, Focus on Dollar

The latest moves in crypto markets in context for March 10, 2022.

(Goalcast)

Markets

THORChain’s RUNE Surges 37% After DeFi Synthetic Assets Goes Live

THORChain’s Chaosnet supports swaps between several major cryptocurrencies using its RUNE token.

Lately, Thorchain has had to battle with attackers everywhere.

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