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Markets
Bitcoin Steady Near $38.5K as Australian Central Bank Ends Easing Program
The RBA announced an end of bond purchases, but signaled it is in no hurry to raise interest rates.
Ethereum Suffers Worst Month in Nearly 2 Years, SOL Falls Even Harder
Most major altcoins have sunk more than bitcoin, with all members of the CoinDesk 20 digital assets deeply in the red in January.
Shopify CEO Joins Coinbase Board of Directors
Tobias Lütke scaled Shopify from a niche online marketplace to a global e-commerce giant.
Bitcoin's Put-Call Ratio Hits 6-Month High as Negativity Rules
The ratio suggests demand for puts is high, one observer said.
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.
