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Markets

Bitcoin Records Eighth Week of Losses, but Sentiment Indicator Suggests Upside

Sentiment indicators reached “rock bottom” on Monday amid a prominent fund manager calling for a retest of 2019’s price levels.

Oso contra toro. (Getty)

Markets

It’s Not Just LUNA. Terra’s DeFi Apps Have Hemorrhaged $28B

Investors have largely exited the Terra ecosystem – now evident in DeFi protocols on the blockchain – and analysts remain skeptical about its long-term prospects.

Moon (Ralph Mayhew/Unsplash)

Markets

Bitcoin Options Data Suggests Bearish Sentiment Among Investors

The put/call ratio for bitcoin options reached yearly highs on Thursday, data shows.

Black Bear (Photo by Galen Rowell/Corbis via Getty Images)

Markets

Solana, Cardano Tokens Slide Over 9% as Cryptos See Weakness Amid Poor US Consumer Data

Bitcoin lost support at $30,000 as Chinese tech stocks sold off on earnings worries a day after hawkish comments from the U.S. Federal Reserve.

Given a choice, inflation is a better option than deflation. (Peter Cade/Getty Images)

Markets

Bitcoin, Major Cryptos Slide as Markets Digest Hawkish Powell Remarks

A day after the Fed chair pledged to keep tightening monetary conditions until inflation comes down, analysts and traders from crypto to stocks and futures were assessing the economic impact – from higher mortgage rates to lower company earnings.

(Andrew Harrer/Bloomberg via Getty Images)

Markets

Bitcoin, Ether Hover Above Support Amid China Optimism, US Futures Bump Up

Crypto markets added 3.2% on Tuesday after nearly a week of declines.

ALAJUELA, COSTA RICA - JANUARY 15:  A Green Hermit is pictured at a Hummingbird feeding station on January 15, 2016 in Alajuela, Costa Rica. Of the 338 known species of Hummingbird worldwide there are around 50 in Costa Rica. Hummingbirds are named for the distinctive sound made by their tiny beating wings, and are admired for their vibrantly coloured iridescent plumage. Their ability to hover, with wings beating between 12 and 90 times a second, and to fly backwards makes them different from all other birds. They are some of the smallest birds in the world and have the highest metabolic rate of any bird with a heart rate that can exceed 1,200 beats a minute. They can hear and see better than humans, but have a poor sense of smell. Hummingbirds eat at least half their body weight in food every day, darting between flowers to lap up nectar. They are generally solitary, very territorial and can be incredibly aggressive towards other birds. At night they go into a state of torpor to help conserve energy, and occasionally can be found sleeping upside down like bats on branches.  (Photo by Dan Kitwood/Getty Images)

Markets

Fantom Stablecoin DEI Becomes Latest to Lose Dollar Peg

DEI lost as much as 46 cents in European hours this morning. It follows a trend of several algorithmic stablecoins losing their pegs.

(Shutterstock)

Learn

Crypto Savings Accounts: What You Need to Know

If you’re a crypto “HODLer” there are ways to earn interest on your coins with crypto savings accounts.

(Fabian Blank, modified by CoinDesk)

Markets

Grayscale Bitcoin Trust Discount Widens to All-Time Low of 30.79%

The fund is one of the few ways for stock traders in the U.S. to gain exposure to the price movements of bitcoin.

The GBTC discount has widened to a record. (YCharts)