Markets

Drop in Bitcoin 'Whale' Addresses Suggests Market May Be Decentralizing
The number of bitcoin addresses holding at least 10,000 coins has dropped to a 14-month low alongside an uptick in lower-value addresses.

First Mover: Kyber Token's Eightfold Increase Reveals Bet on Future Market-Share Growth
Prices for decentralized exchange Kyber's KNC token have jumped eightfold in 2020, outshining the performance of Binance's BNB coin.

The Federal Reserve's Declining Balance Sheet Is Bearish for Bitcoin. Or Is It?
The Fed’s balance sheet just dropped the most in 11 years, but despite popular opinion that is not necessarily bad news for bitcoin.

Bitcoin Option Traders Bet on Bullish Move Following Volatility Squeeze
While bitcoin's range play continues, options traders look to be betting on a big move to the higher side soon.

London Stock Exchange Parent Assigns Financial 'Bar Codes' to 169 Cryptos
The addition of bitcoin and its ilk to LSEG's database, in response to customer demand, is a sign that institutions are slowly embracing the asset class.

As Gold Hits 9-Year High, Bitcoin Eyes Price Breakout
Bitcoin is looking to leap key resistance alongside a strong rally in gold, but its role as an inflation hedge is still weak.

First Mover: With Trading Volumes Slumping, Are There Too Many Crypto Exchanges?
As bitcoin's volatility tumbles to a 15-month low, is there enough trading volume to go round for the world's 400-plus cryptocurrency exchanges?

Ethereum Activity Metric Hits Highest Level in 2 Years
The number of active ether addresses just clocked a recent high, possibly thanks to its growing role in decentralized finance.

China Stocks Surge and NYC Real Estate Craters: 5 Stories Shaping Markets Today
The story of the economy as told by five macroeconomic indicators including Chinese stocks, New York City real estate, coronavirus cases and more.

Cardano at One-Year High on Shelley Upgrade
The eighth-largest cryptocurrency by market value jumped to $0.1021 on Saturday to hit its highest price level since June 2019. It has rallied by a staggering 170% in the second quarter, according to CoinDesk data.

