Markets


Markets

Elon Musk-Prompted Bitcoin Price Surge Causes Liquidation of $387M in Shorts

The shorts were liquidated after Elon Musk added "Bitcoin" to his Twitter bio and prices rose by over 15%.

Elon Musk

Markets

FTX Exchange Lists WallStreetBets Futures to Capitalize on Investing Movement

The futures contract is based on a basket of stocks being targeted by WallStreetBets and dogecoin.

WSB futures index

Markets

BTC Surges to $37K After Elon Musk Adds 'Bitcoin' to Twitter Bio

Is Musk just teasing the crypto community again?

Tesla CEO Elon Musk

Markets

Market Wrap: Bitcoin Reverses Wednesday’s Losses, Ether Climbs

Few are attributing the cryptocurrency's rise to market fundamentals after the GameStop roller coaster.

CoinDesk Bitcoin Price Index

Markets

First Mover: Crypto Gawks at GameStop, Sees Shades of Self

Digital-market traders found amusement in the GameStop saga. They also saw an opportunity for self-reflection. Here's what Niall Ferguson, Caitlin Long, Mati Greenspan and Jonathan Mohan said.

GameStop's 900% gain (and the wipeout of Wall Street shareholders) is the talk of financial markets from stocks to crypto.

Markets

DeFi's UNI Token Jumps 92% in One Week, Passes $15

Uniswap's UNI token has nearly doubled its price in 7 days. The decentralized exchange is seeing volumes higher than last summer, too.

DeFiance Capital's Arthur Cheong is raising a new liquid venture capital fund.

Markets

First Mover: Risks Nobody's Ever Seen, From the Fed to Tether (and GameStop)

Risks surrounding tether have been known for years, but they're commanding fresh attention as the amount outstanding swells to $25B.

Federal Reserve Chair Jerome Powell

Markets

Bitcoin Briefly Dips Below $30K, Dollar Bounces Ahead of Fed Reserve Rate Announcement

Bitcoin would likely extend losses further if Fed Chairman Jerome Powell drops hints of a gradual unwinding of stimulus programs later today.

Fed Chairman Jerome Powell

Markets

First Mover: The Smart Money (Literally) Buying Crypto as Harvard Said to Be Holding

The brain trust has blessed cryptocurrencies, with endowments for Harvard and other universities reportedly lapping up digital assets. For bitcoin marketeers, it's a new $600B money pot.

Harvard University's Widener Library

Markets

Big Investors Stacked Up Ether as Price Rose to Record High

The increased accumulation by investors with deep pockets may have put upward pressure on ether's price.

Ether prices over the last week.

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