Markets
Crypto Markets Analysis: Stablecoins Trend Lower Despite Bitcoin’s Recent Performance
A shift in the supply of stablecoins could foreshadow crypto’s next move.
Coinbase Trade Volume Surpasses Uniswap’s, Countering Expectations for a DEX Surge
Many market observers expected a surge in the use of decentralized exchanges following the collapse of FTX, but analysts said many DEXs offer a less-user-friendly experience than centralized ones.
TrueUSD Becomes 5th-Largest Stablecoin as Binance Mints $130M TUSD in a Week
Blockchain data shows crypto exchange giant Binance has been relying increasingly on TUSD following a crackdown on its Binance USD stablecoin by U.S. regulators.
DeFi Giant MakerDAO Rejects $100M Loan to Cogent Bank
The rejection follows less than a year after Maker approved a similarly structured loan to Huntingdon Valley Bank.
STX Perpetual Futures Open Interest Doubles to $80M as Traders Take Shorts
One analyst suspects traders are betting there isn't a follow-up to Bitcoin NFTs and the STX run is a flash in the pan.
First Mover Americas: Betting Against Bitcoin Was Popular Move Last Week
The latest price moves in crypto markets in context for Feb. 27, 2023.
Cryptocurrencies Resilient Despite Weak Stocks, More Regulatory Action: Citi
Stablecoin market caps have stabilized while the percentage of ether in smart contracts continues to rise, a report from the bank said.
Short-Bitcoin Funds Record $10M in Weekly Inflows: CoinShares
Traders are anticipating higher rate hikes from the Federal Reserve.
Liquid Staking Replaces DeFi Lending as Second-Largest Crypto Sector
The value of cryptocurrencies deposited in liquid staking protocols has increased to about $14 billion, trailing just deposits at decentralized exchanges.
Crypto Markets Analysis: Bitcoin Falls for the Week Amid Inflation, Rate Hike Fears
Ether and most other major cryptos also sank as investors mulled the prospect of prolonged monetary hawkishness.
