Bitcoin News
Bitcoin Flash Crashed to $5K on Pyth Network’s Data Feed
The Pyth BTC/UDC aggregate price had several sharp dips below $40,000 on Monday and the confidence levels became extremely wide.
Bitcoin Oversold at Support, Resistance at $47K
Bitcoin is the most oversold in two months as buyers defend $40K support.
Could China’s Evergrande Default Risk Trigger Domino Effect in Global Financial Markets?
Ming Zhao, an entrepreneur and former analyst at Point72, discusses her outlook for bitcoin as the wider crypto and traditional markets have potentially been impacted by a rising liquidity crisis out of Chinese property developer Evergrande. Could its default risk trigger a domino effect across the global economy? Plus, Zhao's take on the possible impact of China's regulatory storm on crypto, including stablecoins.
Is Bitcoin Still a Safe Haven Asset?
Bitcoin continues to take cues from equity markets amid macro uncertainty, seeming to contradict the popular narrative of BTC being a safe haven like gold. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Banking Heavyweights Oppose Basel’s Proposed Rules on Crypto Capital Requirements
Banks including JPMorgan Chase and Deutsche Bank oppose “overly conservative” proposals they say would prevent banks from getting involved in crypto asset markets.
Bitcoin Bounces Off 6-Week Low, Tracking Recovery in Stocks
“The long-term uptrend still has a hold on bitcoin,” one analyst said.
Brazilian Investment Bank BTG Pactual Launches Crypto Platform
Mynt, which will be available in the last quarter of 2021, will initially allow exposure to bitcoin and ether.
Market Wrap: Bitcoin Sell-Off Deepens as Equity Volatility Rises
Analysts expect further choppiness this week as investors seek safety from risk assets.
Global Equity Markets Hit by Chinese Developer Evergrande’s Default Fear
A sea of red across the global equities markets is impacting crypto prices as bitcoin, the world's largest cryptocurrency by market cap, slipped below $45,000 Monday. Robert Zagotta, CEO of Bitstamp USA, discusses why he sees the correction as purely short-term, adding "a lot of the volatility we're experiencing right now is expected." Plus, his take on bitcoin as a hedge against inflation, stablecoins, and the U.S. crypto regulatory landscape.
