Markets

Markets

Finance

Shopify CEO Joins Coinbase Board of Directors

Tobias Lütke scaled Shopify from a niche online marketplace to a global e-commerce giant.

Coinbase share were rallying Friday. (Photo illustration by Leon Neal/Getty Images)

Markets

Bitcoin's Put-Call Ratio Hits 6-Month High as Negativity Rules

The ratio suggests demand for puts is high, one observer said.

Bitcoin's put-call ratio signals increased demand for downside protection. (Skew)

Markets

Excessive Volatility Hindering Further Mainstream Adoption of Bitcoin, JPMorgan Says

The bank said Ethereum is also facing challenges due to declining market share in the DeFi and NFT sectors.

(Shutterstock)

Markets

Morgan Stanley Says Bitcoin’s 50% Correction Is Nothing New

The slide is within historical norms, the bank’s analysts said.

(Shutterstock)

Markets

Bitcoin's 'MACD' Indicator Threatens Long-Term Bullish Bias as Rate Hike Fears Linger

Several Wall Street banks have penciled in five Fed rate hikes for 2022.

Bitcoin's monthly chart with MACD histogram (TradingView)

Markets

Anchor Protocol Reserves Slide as Money Market's Founder Talks Down Concerns

The reserves have slumped 50% in four weeks because of an imbalance between loan demand and deposits.

rusty anchor

Markets

Tokens Related to Wonderland Developer Plunge After QuadrigaCX Revelation

Tokens of projects on the Avalanche and Ethereum networks started by Wonderland’s creator fell by as much as 22% in the past 24 hours.

The price of TIME fell to as low as $290 on Thursday. (CoinGecko)

Markets

Goldman: Bitcoin, Altcoins to Become More Correlated With Traditional Financial Market Variables

The bank’s analysts said digital assets won’t be immune to macroeconomic forces such as monetary tightening.

sword, ancient

Markets

Bitcoin Worth $670M Leaves Centralized Exchanges After Hawkish Fed Comments

Most investors prefer to have direct custody of coins when they intend to hold them for a longer term.

Bitcoin's net exchange flows (Glassnode)

Markets

DeFi Protocol Qubit Finance Exploited for $80M

The attack is the seventh-largest DeFi exploit by the amount of funds stolen, data shows.

hack