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Markets
Bitcoin Still Undervalued After Q2 Rally, Price Metric Shows
Bitcoin's Mayer multiple indicates the cryptocurrency is undervalued despite having rallied by over 40% this quarter.
Number of Bitcoin 'Whales' Has Risen by 2% Since Halving
Bitcoin's rally has stalled since the May halving, but that hasn't deterred large investors from accumulating coins, data shows.
Bitcoin Rises to $9.6K as Stocks Cheer Additional US Stimulus Plans
A fresh stimulus "bazooka" from the Fed Reserve and the U.S. government lifted prices for both stocks and bitcoin.
First Mover: Negative Rates or More Money Printing – Bitcoin May Benefit Either Way
Central bank stimulus – negative interest rates or asset purchases – are just two sides of the same coin that both strengthen the case for bitcoin.
OKEx Taps Paxful to Provide New Fiat-to-Crypto On-Ramps
OKEx is partnering with Paxful, adding more than 160 fiat currency onramps to its crypto exchange business.
First Mover: Cardano's No Ethereum Killer Yet, but It's Winning in Crypto Markets
Cardano's ADA token is racking up impressive gains this year, possibly over speculation the network's early adoption of a proof-of-stake blockchain might help it win a growing share of the DeFi space.
Bitcoin Price Drop May Be a Bear Trap, Options Market Suggests
The put-call volume ratio of bitcoin options suggests Monday's price decline could be short-lived. However, the cryptocurrency remains vulnerable to a further sell-off in stocks.
First Mover: Bitcoin Recouples With Wall Street as Stocks Tumble, Fear Trade Returns
Fear has crept back into cryptocurrency and traditional financial markets, with bitcoin falling alongside U.S. stocks on Thursday.
Why Bitcoin Suddenly Dropped 6% on Thursday
The week-long calm in the bitcoin market ended with a sudden $800 price drop on Thursday. Here's three likely reasons why.
Bitcoin Stuck Below $10K as Stocks Drop
With the Fed dashing hopes of a V-shaped recovery, it's uncertain whether bitcoin will become a store of value or begin to track stocks.
