Bitcoin News

Institutions Take Bearish Stance on Bitcoin, Create Arbitrage Opportunity
The record discount in the front-month bitcoin futures traded on the CME indicates institutions are biased bearish. The discount may attract arbitrageurs.

Cryptocurrencies Trade in Sync After FTX Collapse – Just Not With Stocks
A new analysis shows how correlations have increased on various sectors of the 162-asset CoinDesk Market Index (CMI) amid widespread crypto distress following the collapse of Sam Bankman-Fried's FTX exchange. U.S. stocks, meanwhile, look unfazed by it all.

First Mover Asia: FTX Debacle Might Change Hong Kong’s Approach to Retail Crypto Regulation; Bitcoin Shows Its Mettle
The special administrative region of China wants to become a regional crypto hub, but FTX’s filing for bankruptcy protection could prompt regulators to tighten restrictions.

Market Wrap: Bitcoin Rises on Encouraging Inflation News
The largest cryptocurrency hovered near $16.8K. Ether and other altcoins also surge.

Are Your Bitcoin Trades Losing on Fed Day? Just Wait Till Tomorrow
BTC’s price has reversed direction on five of the six days following the Federal Reserve’s interest rate announcements.

On-Chain Data Shows Investors Waiting, Changing Custody Behavior
Trust in exchanges is understandably low after the collapse of Sam Bankman-Fried's FTX. Investors might trust the asset more than the entity that holds them.

'Bitcoin Doesn't Care' About FTX Fallout: Ledger CEO
Ledger CEO Pascal Gauthier discusses the potential contagion concerns following the bankruptcy of FTX. Plus, he shares his outlook on bitcoin, saying in part "bitcoin will be fine, bitcoin doesn't care about all this."

Levels to Watch for Bitcoin as FTX Fallout Continues
Amberdata Director of Derivatives Greg Magadini discusses his bitcoin analysis and outlook amid the stunning collapse of crypto exchange FTX and its former CEO Sam Bankman-Fried. Plus, reactions to BlockFi reportedly preparing for possible bankruptcy, and Japanese crypto exchange Liquid Global halting withdrawals.

Bitcoin Liquidity on Exchanges Falling Amid FTX Collapse
Bitcoin is rising from the depths of red to regain its foothold snugly above $16,000. Its liquidity on major exchanges has deteriorated significantly in the wake of FTX's collapse, with market depth falling to a five-month low of 7,000 BTC. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Ledger Sees Crypto Cold Storage Sales Surging, CEO Says
Pascal Gauthier, CEO of cold wallet maker Ledger, discusses his take on the fallout of digital asset exchange FTX and why he expects interest in cold storage wallets to rise. Plus, the impact of FTX's implosion on bitcoin and the wider crypto industry.

