Markets


Markets

Bitcoin Price Falls $8K to 3-Week Low, Altcoins Crash

Bitcoin nosedived to a three-week low of $52,148 during Sunday's Asian hours.

Bitcoin's price fell from near $60,000 to just above $50,000 in a short period.

Markets

Retail Traders Drove Bitcoin Higher Leading Up to Coinbase Listing, Data Shows

"The whale entities chart could show that smaller retail investors are purchasing bitcoin, and large holders are selling into that rally," one hedge fund CEO said.

Retail traders were eager to get in on the bitcoin action.

Markets

Dogecoin No Longer Pup After Tripling Past $50B, Exceeding UK Bank Barclays

DOGE now has a market value of more than $50 billion, surpassing the giant U.K. bank Barclays after tripling in price.

CoinDesk's Nikhilesh De summoned this meme on dogecoin, itself a meme.

Markets

Bitcoin Options Traders Continue to Place Bullish Bets as They Stack $80K Calls

Option traders continue to snap up cheap out-of-the-money call option at the $80,000 strike.

open-interest-by-strike (1)

Markets

Bitcoin Recedes From All-Time High; Approaching Support

BTC is roughly 7% lower from its all-time high, similar to the April 1 pullback.

BTC four-hour chart

Markets

Bitcoin Price Drops as Turkey Bans Crypto Payments Amid Currency Crisis

Turkey's crypto ban sets a bad precedent for other countries mulling similar moves.

Istanbul, Turkey

Markets

Ether Options Market Sees Record Open Interest of $3B

Market activity is surging as the Ethereum blockchain's native cryptocurrency rises to fresh all-time high prices.

Open interest is surging in Ether options.

Markets

BTIG Initiates Coinbase Coverage With $500 Price Target

BTIG expects COIN to reach $500, calling it the "gold standard among digital asset exchanges."

Coinbase CEO Brian Armstrong opposes the infrastructure bill's tax provision.

Markets

Bitcoin Struggles Around All-Time High Resistance; Support Within Reach

BTC buyers take profit, but selling should be limited around $61K support.

Hourly BTC chart shows support and resistance levels with RSI.

Markets

Bitcoin in Stasis as Crypto Bull Mike Novogratz Warns of Market Washout

Bitcoin takes a breather as billionaire investor Mike Novogratz warns of market correction.

Michael Novogratz of Galaxy Digital

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