Markets


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First Mover: US Arms of Binance, FTX Push Into Margin Trading, but Likely Not at 100x

Binance.US and the soon-to-launch U.S. unit of FTX aim to offer cryptocurrency margin trading in the American market, but won't be able to provide leverage to the degree offered by overseas competitors.

Credit: Shutterstock

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Amun Launches Token Tracking the Inverse of Bitcoin's Price

The Swiss ETP provider's new token lets traders make gains whenever bitcoin's price falls.

(Bankrx/Shutterstock)

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Market Wrap: Bitcoin Volatility Higher Than S&P 500 Again but Lower Than Oil

Bitcoin volatility has risen a bit, higher than the S&P 500 ahead of its expected halving next week - but it’s nowhere close to the rocky ride oil has been on.

CoinDesk Bitcoin Price Index for May 5, 2020

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First Mover: Amid Economic Meltdown, Bitcoin Is Winning as 'No Value' Buffett Eats Crow

Bitcoin is beating stocks this year, but it's also crushing the shares of Berkshire Hathaway, whose billionaire CEO said in February that the cryptocurrency had "no value."

Credit: Shutterstock/Mark Fearon

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Bitcoin Briefly Hits $9K, Investors Remain Bullish

The cryptocurrency has again failed to keep gains above $9,000 even as active bitcoin addresses spike to 11-month highs.

Daily chart (CoinDesk BPI)

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First Mover: Capitalism’s Biggest Crisis Isn’t Driving People to Bitcoin – It’s the Volatility

The post-Bretton Woods system is on the ropes, but what's driving interest into bitcoin is price volatility and the upcoming halving event.

(Shutterstock)

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Bitcoin Price May Drop After Halving, Historical Data Shows

Bitcoin has again rallied sharply in the weeks leading up to the impending halving event, but if historic patterns are anything to go by the cryptocurrency could suffer a temporary price pullback following the event.

Credit: Shutterstock

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American Buyers Are Fueling Bitcoin’s Rally, Data Suggests

Spot and futures markets reflect the strong bullish sentiment of American investors.

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First Mover: Tezos Led Crypto Market With Twice Bitcoin’s Gains in April

Tezos is outstripping the usual crypto leaders on the outside track, possibly down to an increase in the number of exchanges offering staking as a service.

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Bitcoin Rises Back to $8.8K Even as US Stock Futures Drop

Bitcoin is rising so far on Friday but the price rally looks overstretched and gains may be transient.

Daily chart

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