Markets


Markets

Bitcoin 'Call Writing' Back in Vogue as Cash And Carry Strategy Loses Shine

Recently, traders have sold $80,000 BTC call options expiring at the end of May to generate additional yield, one observer said.

Calculator, scientific. (kaboompics/Pixabay)

Markets

BlackRock's Bitcoin ETF Posts First Day of Outflows, Leading Record $563M Exit From U.S. Spot Products

Fidelity's FBTC, not GBTC, led outflows on Wednesday in what may be an alarming development for the bulls.

Net inflows into U.S.-based spot BTC ETFs. (CoinGlass)

Finance

Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says

The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the bank said in a report.

BBitcoin faces headwinds (Pixabay)

Markets

Bitcoin Trades Around $57K, Crypto Market Drops 6% in Run-Up to Fed Decision

BTC is down about 6.3% in the last 24 hours having dropped below the $60,000 support level late on Tuesday.

16:9 Market decline (Mediamodifier/Pixabay)

Markets

Bitcoin Set to Become More Dominant Even as BTC Stares at First Monthly Loss Since August

Bitcoin's dominance rate has risen past key level, signaling further upside, according to Fairlead Strategies.

BTC's first monthly loss since August. (TradingView/CoinDesk)

Markets

Bitcoin Wavers Around $63K, Awaiting Hong Kong Spot Crypto ETF Debut

Despite muted anticipation for the new products, an executive of one of the issuers reportedly expects that the first-day issuance of the Hong Kong offerings will exceed the U.S. debut in January.

Bitcoin price on April 29 (CoinDesk)

Markets

Bitcoin Trades At Slight Premium in Yen Terms Amid Suspected BOJ Intervention

The Japanese yen swung wildly on Monday, recovering 500 pips from over three-decade lows on suspected BOJ intervention.

Japan (Su San Lee/Unsplash)

Markets

Chart Veteran Who Predicted Bitcoin’s 2018 Collapse Says the Bull Market May Be Over

Brandt's latest view is based on a statistics concept called "exponential decay."

Down Arrow spray painted on a brick wall (Shutterstock)

Markets

Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says

The yen's volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle Acheson said in an interview.

Bitcoin price on April 26 (CoinDesk)

Markets

The Key to Reviving Bitcoin Bull Run Is the U.S. Treasury’s Refunding Announcement

Risk assets will likely rally if the TGA estimate is maintained at or lowered from the current $750 billion, one observer said.

U.S. Treasury Secretary Janet Yellen at American University (Jesse Hamilton/CoinDesk)

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