Markets

Markets

Markets

Market Wrap: Is Bitcoin Breaking Down or Breaking Free?

Analysts await the likely outcome of the European Central Bank's monetary-policy meeting on Thursday, which could affect in which direction BTC moves next.

Options show a striking divergence in sentiment for major tokens. (Bankrx/Shutterstock)

Finance

Miami International Holdings, Lukka Form Pact in Plan to Launch Crypto Derivatives

The companies seek to launch cash-settled bitcoin and ether futures and options, pending regulatory approval.

MIH and Lukka signed a deal for crypto derivatives. (© Krunja/Getty images)

Finance

Galaxy’s Novogratz Stays Optimistic on Crypto Adoption Even as Markets Languish

The CEO said he doesn't see a V-shaped market recovery occurring.

Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)

Markets

First Mover Americas: Bitcoin Recaptures $30K as Crypto Analysts Warn of Capitulation

The latest moves in crypto markets in context for June 8, 2022.

Bitcoin retakes $30K, but remains in a tight range. (Oscar Wong/Getty images)

Markets

Market Wrap: Bitcoin Close to $30K as Investors Search for a Bottom

BTC is down by 34% so far this year and is approaching the middle or late stage of a bear market, according to some indicators.

Investors bottom fishing  (Robson Hatsukami Morgan, Unsplash)

Markets

Bitcoin Choppy Around $30K, Support at $25K-$27K

Price bounces have been short-lived, indicating a loss of buying strength.

Gráfico diario de bitcoin que muestra el soporte/resistencia. (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Americas: Bitcoin Dumps Below $30K as Morgan Stanley Calls Out Liquidity Pressures

The latest moves in crypto markets in context for June 7, 2022.

Bitcoin is back below $30,000. (Jeffrey Coolidge/Getty images)

Markets

Morgan Stanley Sees Crypto Equivalent of Quantitative Tightening

The bank pointed to weakness in crypto markets, the failure of a dollar stablecoin and a reduction in leverage in decentralized finance.

Eviart/Shutterstock

Markets

Market Wrap: Cryptos Climb Amid Lower Volatility; Sentiment Improves

So far, BTC has avoided significant price drops. But option traders are protecting against the downside.

Bitcoin 24-hour chart (CoinDesk)

Markets

Bitcoin Funds Rake In New Money as Altcoin Funds Suffer

Funds that manage BTC pulled in some $126 million last week, more than all other digital-asset funds combined, a CoinShares report shows.

Bitcoin funds outperformed other digital-asset funds in raking in new money last week. (CoinShares)