Markets

Rotation Within CoinDesk Market Index Sectors Bears Similarities to Tradfi Trend
As investors in crypto and traditional finance alike run for cover, one form of analysis finds that bitcoin and health care stocks fit in the same risk bucket.

Crypto Trading Firm Auros, Hit by FTX Collapse, Discloses Provisional Liquidation
The move, granted by a British Virgin Islands court in November, allows officials to seek restructuring advice. Auros missed payments on $17.7 million of loans from lending pools on bad debt-ridden protocol Maple Finance.

Coinbase’s Slump to All-Time Low Sends Market Cap Below Dogecoin
The crypto exchange has dipped another 17% over the past 30 days, bringing its year-to-date plunge to more than 85%.

First Mover Americas: Bankrupt BlockFi Asks US Court to Greenlight Withdrawals
The latest price moves in crypto markets in context for Dec. 20, 2022.

Bitcoin Gains 2%, Stocks Drop as Bank of Japan Allows Benchmark Bond Yields to Rise
The BOJ unexpectedly lifted the cap on the 10-year Japanese government bond yields to 0.5% from 0.25%, ending the prolonged period of near-zero yields.

Crypto Markets Today: Binance.US to Buy Voyager Digital's Assets; Bitcoin Slides Into the Red
Top assets in the crypto market slid around 1%.

Crypto Markets Analysis: Bitcoin Correlations Show Dollar Still Rules (in the Inverse)
Bitcoin's relationship with the U.S. Dollar Index returns to form, with macroeconomic factors continuing to drive crypto prices.

First Mover Americas: Grayscale Explores Options to Return Portion of GBTC
The latest price moves in crypto markets in context for Dec. 19, 2022.

Crypto Options Market Has Become More 'Interdealer' Since FTX's Blowup: Paradigm
Market makers' share of crypto options trading volume settled through OTC platform Paradigm has increased as hedge funds, family offices and high-net worth individuals sit on the fence. The situation may persist for some time.

Crypto Markets Today: Co-Founder of OneCoin Pyramid Scheme Pleads Guilty; CoinDesk Market Index Drops
Bitcoin, largest cryptocurrency by market value, fell 3% over the past 24 hours

