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.
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.
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.
BTIG Initiates Coinbase Coverage With $500 Price Target
BTIG expects COIN to reach $500, calling it the "gold standard among digital asset exchanges."
Bitcoin Struggles Around All-Time High Resistance; Support Within Reach
BTC buyers take profit, but selling should be limited around $61K support.
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.
DeFi Token YFI Rises Above $50K for the First Time Since February
A "Buy Back and Build" proposal approved in January aims to bolster the project's treasury and generate value for all stakeholders.
$623M in Bitcoin From 2016 Bitfinex Hack Moved Under Cover of COIN Hype
But the impact on the market may be little.
Coinbase Direct Listing Gets $100B+ Valuation as Share Price Jumps in Nasdaq Debut
The Coinbase listing is seen as a watershed moment for the cryptocurrency industry.
Bitcoin Uptrend Intact as HODLers Seem Less Tempted to Sell
Long-term BTC hodlers are less tempted to sell relative to prior bull markets, according to data from Glassnode.
