Markets

Markets

Marchés

Bitcoin Options Open Interest Nears All Time High – But Rise in Puts Could Presage Drop

While soaring open interest can be a sign of a continuing trend, the offloading of calls suggests bitcoin could correct further.

Maria Prymachenko. Ukrainian bull. 1977
(Ввласенко/Wikimedia Commons)

Marchés

It's Now Cheaper to Buy One Bitcoin Than to Buy a Single DeFi Token YFI

On a per-coin basis, YFI governance token from DeFi protocol yEarn now costs more than industry behemoth bitcoin.

YFI price action in the past 24 hours (CoinGecko)

Marchés

Stablecoin Demand May Drop if Traders Abandon Bitcoin ‘Cash and Carry’ Strategy

Institutional demand for stablecoins may cool because yield on “carry trades” has been cut in half since Monday.

This isn't how a "cash and carry" trade works. (Pixabay)

Marchés

Bitcoin’s Bull Run Is Slowing – Pullback Now Expected

Some analysts are now predicting further price corrections after bitcoin fell back below the $12,000 milestone on Tuesday.

coindesk-BTC-chart-2020-08-19

Marchés

Bitcoin Holding Sentiment Strongest in Nearly Two Years

The amount of bitcoin held on crypto exchanges is down to a 21-month low, a sign investors are feeling bullish.

markets, price

Marchés

Bitcoin Price Holds Below $12K Even as Hashrate Hits All-Time High

Bitcoin's hashrate has soared to record highs, some analysts say it might kick the price out of its rut.

An engineer works with bitcoin mining rigs (Shutterstock)

Marchés

Litecoin Gets Bullish Speculation, at Last, as Upgrade Approaches

"The upcoming privacy upgrade would leave litecoin valuations around all time highs," one industry analyst said.

Design for an embossed silver platter, 19th century, French. (Metropolitan Art Museum, modified using PhotoMosh)

Marchés

CME Rises in Bitcoin Futures Rankings as Institutional Interest Grows

Institutional exchange CME has become the third-largest bitcoin futures exchange by number of open contracts.

CME Group (CoinDesk Archives)

Marchés

Bitcoin Recovers From $11.3K Despite Losses in European Stocks

Bitcoin has shrugged off a drop to $11,300 for the third day running, possibly buoyed by gold's recovery on Wednesday.

Bitcoin prices (CoinDesk BPI)

Marchés

First Mover: Ethereum Faces Inflation Problem as Gas Fees Soar

Ethereum gas prices are soaring, and cryptocurrency traders say it's a reflection of congestion on the blockchain that's now starting to slow down transactions on decentralized exchanges.

Old gas pump