Markets

Markets

Finance

Crypto Lender Maple Finance Opens U.S. Treasury Bill Pool for Cash Management

Maple’s new lending pool offers accredited investors, crypto firms and DAO treasuries a way to earn yield on their idle stablecoins by investing in one-month U.S. Treasury bills.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

Markets

Bitcoin Hovers Near $29.3K After Binance Sell Order, UK Inflation Data

BTC fell as low as $29,045 earlier Wednesday. ETH dropped below $2,000 for the first time in almost a week.

Red arrows pointing down falling drop (Getty Images)

Markets

Optimism’s OP Token Jumps Ahead of a16z Project Announcement

Traders anticipated Andreessen Horowitz's plans to build a scaling product on top of Optimism.

OP's price chart (Trading View)

Markets

First Mover Americas: Bitcoin Slides Toward $29K

The latest price moves in crypto markets in context for April 19, 2023.

GettyImages-1264331058.jpg

Markets

Institutions Flock to Ether After Shapella Upgrade

Open interest in CME futures has risen to the highest level since March 2022, indicating an influx of institutional traders to the crypto market.

Interés abierto y volumen de los futuros de ether del CME. (CME)

Markets

Bitcoin Drops to $29K in Sudden Sell-Off

The slide – which followed a huge market sell order at Binance – flushed millions of dollars' worth of futures positions.

Downgrade spiral staricase going down downwards (Unsplash)

Markets

MicroStrategy’s Bitcoin Holding Doesn’t Necessarily Pose a Concentration Risk: Bernstein

Rising bitcoin prices mean a stronger balance sheet, higher stock prices and easier debt repayment, without the company needing to sell its holdings, the report said.

Michael Saylor (Anna Baydakova/CoinDesk)

Tech

Ethereum Fees Spike as Bots Spend Millions to Front-Run Punters of PEPE, CHAD

An entity connected to a wallet named “jaredfromsubway.eth” is sandwiching crypto traders, mainly those betting on tokens such as pepe and chad.

(Getty Images)

Markets

First Mover Americas: Bitcoin Regains $30K as Alts Heat Up

The latest price moves in crypto markets in context for April 18, 2023.

(Justin Lewis/Getty Images)

Markets

Lesser-Known Bitcoin Indicator Signals Onset of Major Bull Run

The "reserve-risk" indicator has been historically reliable.

Bitcoin's "reserve-risk multiple" has crossed above zero. (Say Cheeze Studios/Unsplash)