Markets


Markets

Tether, SHIB Compete With Bitcoin in Inflation-Ridden Turkey as Lira Tumbles

Bitcoin’s perceived role as an inflation hedge is competing with altcoin speculation and U.S. dollar exposure through tether.

(Engin Yapici/Unsplash)

Markets

Bitcoin Drops 5%, Slipping Below $50K on Leverage Washouts

Some $187 million of crypto trading positions were liquidated over the past 24 hours.

24-hour Bitcoin Chart (Messari)

Markets

Bitcoin Technical Indicator Suggests Low Probability of ‘Santa Rally’

A widely tracked technical indicator has flipped bearish, denting hopes of an end-of-year rally.

Bitcoin's weekly and daily charts (Source: TradingView)

Markets

Blame the Bitcoin Bond? El Salvador’s Dollar-Denominated Debt Slides

El Salvador’s bitcoin bond is a contributing factor to a slide in its dollar-denominated debt, but not the sole reason.

Salvador's dollar-denominated debt is trading in distressed territory. (Source: Borse Frankfurt)

Markets

3 Reasons the Ether-Bitcoin Ratio Rose to 3 1/2-Year High as Crypto Crashed

Bitcoin’s evolution as a macroeconomic asset makes it more vulnerable to Fed jitters.

ether-bitcoin ratio hits highest since May 2018

Markets

Bitcoin Drops $9K in an Hour on Spot Market Selling; El Salvador Again Buys the Dip

The leading cryptocurrency is currently trading around $47,960.

Bitcoin price on Dec. 4, 2021. (CoinDesk)

Markets

Bitcoin Confined to Familiar Range as Stocks Rise Ahead of Payrolls Data

Payrolls data is forecast to show the U.S. economy added 550,000 jobs in November after 531,000 additions in October.

Bitcoin continues to trade in a narrow range below $60,000 on Dec. 3 (TradingView)

Markets

Bitcoin’s Bullish Trajectory Intact, but December Jump to $100K Looks Unlikely: Analysts

With the end of the year approaching, most investors will probably liquidate positions to present decent annual performances, one observer said.

(Cheyenne Ligon/CoinDesk)

Markets

Large Traders Dominate DEXs as High Ethereum Fees Keep Retail Investors at Bay

The average trade size on Curve Finance ranges from $500,000 to $1 million, according to Kaiko.

DEXs process greater number of large-sized deals than CEXs do. (Kaiko)

Finance

Want Stocks With NFT Exposure? This ETF Has You Covered

The product from Defiance ETFs tracks a basket of crypto-related stocks, some of which are dabbling in NFTs.

New Constructs: Coinbase Stock Could Fall to $100

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