Markets


Markets

Bitcoin Nears Death Cross, Yuan Tumbles With Asian Markets After Trump Tariffs Put Focus on China's Response

Asian equities and U.S. stock futures have declined, while bitcoin is nearing a bearish technical pattern amid escalating trade tensions.

U.S. President Donald Trump speaks at the Digital Asset Summit in New York City. (Nikhilesh De)

Markets

Sentiment Shift in Bitcoin as $80K Put Emerges as Most Popular Bet

BTC put bias is strongest since the U.S. regional banking crisis of early 2023, according to one observer.

Deribit BTC options: Distribution of open interest. (Amberdata/Deribit)

Markets

Goldman Sees Yen Rising to Low 140s as Bitcoin Echoes Tech Stock Weakness

Goldman Sachs recommends the yen as a hedge against U.S. recession risks, citing its historical strength in risk-off environments.

Goldman cites Japanese yen as top hedge against U.S. tariffs, recession. (happylism/Pixabay)

Markets

Bitcoin Put Option Trade With $1M Premium Highlights Concern Over Declining BTC Price

Puts trade pricier than calls out to the May-end expiry reflecting concerns of a price drop.

The Q1 ended with a notable bearish BTC block options bet. (jarmoluk/Pixabay)

Markets

Ether-Bitcoin Ratio Slumps to 5-Year Low as Traders Seek Less Risky Assets: Van Straten

Ether has underperformed bitcoin since last year's reward halving. The first time that's happened.

CoinDesk

Finance

Sei Foundation Explores Buying 23andMe to Put Genetic Data on Blockchain

If the acquisition proceeds, the foundation plans to integrate 23andMe's data onto its blockchain and give users ownership of their genetic data.

23andMe advertisement (John Murphy/Flickr)

Markets

GameStop Tumbles 25% Following Bitcoin Convertible Bond Plan. What's Happening?

The sell-off might have to do with the convertible note pricing, while some speculated that it's a sign of investor disapproval of the bitcoin acquisition plans.

(John Smith/VIEWpress)

Markets

Bitcoin Whales Bought $11B of BTC in Two Weeks as Confidence Grew, Glassnode Says

Whales are boosting their coin stashes, showing confidence in BTC's prospects despite lingering macroeconomic uncertainty.

ETH whale go bargain hunting. (Pexels/Pixabay)

Markets

Like DOGE, XRP Going Vertical Is a Good Indicator of Market Froth, Bitcoin Peaks

Since 2017, XRP has tended to surge in late stages of the bitcoin bull run, marking a point where BTC ultimately peaked.

Photo of wave froth on a sandy beach. (justus_joseph/Pixabay)

Markets

Studio Ghibli Craze Inspires Memecoins on Ethereum, Solana After OpenAI’s 4o Release

The internet is full of people converting images to AI-generated pictures in the characteristic style of some animated movies by Japan’s Studio Ghibli. Memecoin traders are looking to cash in on the trend.