Markets
Bitcoin, Stocks Bleed as China Rate Cuts Signals Panic, Treasury Yield Curve Steepens
China's back-to-back interest-rate cuts signal urgency to shore up growth after the recent Communist party plenum offered little support to the nation's flagging economy.
Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B
Renewed expansion in stablecoins is bullish for the broader crypto market.
Bitcoin Plunges to $64K as U.S. Tech Rout Hits Crypto, Leads to $250M Long Bets Being Liquidated
BTC nosedived from over $65,500 to $64,100 within minutes in the early hours of Thursday as Asian markets suffered.
CME's Ether Futures Record Highest Ever Open Interest of 383K ETH After ETF Debut
The approval and subsequent trading of spot ether ETFs in the U.S. has reinvigorated the market, CME's Giovanni Vicioso said.
Ether's BTC-Denominated Price Flirts With 9-Year-Long Trendline Support: Technical Analysis
The trendline connecting 2016 and 2017 lows has consistently offered support since January.
Bitcoin ETFs Break Inflow Streak as Traders Look to Trump’s Nashville Appearance for Volatility
Bitwise’s BITB led with $70 million in net outflows, followed by Ark’s ARKB at $52 million and Grayscale’s GBTC at $27 million.
Mt. Gox Moves $3B Bitcoin to New Wallet, $130M to Bitstamp Exchange
The defunct crypto exchange has moved billions of dollars worth of bitcoin over two days.
Bitcoin Bulls Beware as 'Doctor Copper' Slides Against Gold
"Doctor copper" is losing ground against safe haven gold, signaling economic weakness and risk aversion on the horizon.
Bitcoin Slips to Near $65K as Mt. Gox Creditors Receive Assets on Kraken
Bitcoin cash led with a 7% decline, while Solana's SOL, Ripple's XRP and Cardano's ADA also dropped 4%-5% as the news of the Mt. Gox distribution weighed on sentiment.
Spot Ether ETFs See $600M in Volume In First Half Day of Trading
Funds from Grayscale, BlackRock and Fidelity have seen the most volume, though analysts believe that Grayscale’s high amount comes from heavy outflows.
