Markets
Two Technical Bitcoin Indicators Diverge; Each Has Value Depending on Investors' Timelines
The RSI indicates bitcoin is fairly valued and may be of greatest interest for traders seeking quick gains. The MVRV ratio implies prices are cheap and more pertinent for investors looking longer term.
Bitcoin Underperforms S&P 500 as Stocks Have Overshot Fundamentals, Crypto Trading Firm QCP Says
Stocks have overtaken fundamentals and could soon fall back, QCP said.
First Mover Americas: Goldman to Spend Big on Crypto Post-FTX
The latest price moves in crypto markets in context for Dec. 6, 2022.
Bitcoin's Stagnant Crypto Dominance Points to Investor Exodus After FTX Bankruptcy
One analyst said investors are turning to cash.
Ether Turns Inflationary as Network Usage Slows
The current positive inflation rate indicates the volume of ether being minted now outpaces the amount being burned.
DeFi Risk-Sharing Protocol Nexus Expects Loss on Maple Credit Pool Investment as FTX Contagion Widens
Nexus Mutual, which offers an insurance alternative for decentralized finance traders, deposited some $19 million in ETH to Maple’s wrapped ether credit pool, which was rocked by Orthogonal Trading’s recent default.
Crypto Markets Today: FTX Fallout Hits Maple Finance; Bitcoin Declines
Orthogonal Trading received a default notice, while crypto leader Nexo decided to depart from the U.S. after regulatory discussions hit a “dead end.”
Chainlink ‘Smart Money’ Might Be Pulling LINK Tokens Off Exchanges to Stake Them
The price of LINK is up 28% in the past two weeks.
Crypto Market Analysis: Consumer Savings Rate Suggests Continued Calm in Bitcoin Prices
Inflation is outpacing wage growth. As a result, retail investors remain skittish about riskier assets.
FTX Contagion Spreads as Orthogonal Trading Gets Default Notice for $36M Debt on Maple Finance
Creditor M11 Credit issued a default notice to Orthogonal Trading for $36 million of loans, while Maple Finance severed all ties with Orthogonal for misrepresenting its financial position.
