Trading

Bitcoin Was a Winner During the U.S. Banking Crisis, but Illiquidity Prevents It From Being a USD Hedge
While capital flowed into bitcoin amid a period of uncertainty, the cryptocurrency’s fractured liquidity arguably played the largest role in its surge.

Bitcoin Edges Below $28K as Investors Weigh Deutsche Bank Contagion Fears
But the largest cryptocurrency by market capitalization is still up about 16% in March. Ether dropped below $1,800.

Arbitrum Tokens Rack Up $2B in Trading Volume, Analysts Point to Growth Ahead
Integration into Arbitrum’s wider DeFi system could provide some new impetus for bullish sentiment for ARB tokens, one exchange executive said.

Binance Suffers Two-Hour Spot Market Outage Due to Software Bug
Exchange CEO Changpeng "CZ" Zhao described the outage as "unlucky."

Bitcoin Holds Steady Above $28K, Ether Rises in Post-Rate Hike Rally
Bitcoin jumped above $28,800 earlier Thursday before retreating. Ether rose above $1,850, its highest level since August.

Dreams of Rebooting FTX Face Cold Reality That Its Technology Wasn’t Well-Regarded
Woefully high latency, bugs in the API traders use to interface with FTX and coding mishaps plagued the exchange, according to several former clients who spoke to CoinDesk.

Terra's LUNA Tokens Fall Steeply on Do Kwon's Alleged Arrest
Kwon was reportedly arrested in Montenegro earlier on Thursday.

Bitcoin Inches Toward $28K as Traders See $260M in Futures Liquidations
Some remain upbeat about the medium-term outlook for bitcoin and the broader market.

Binance Curb on Zero-Fee Trading May Cost Market Share, Boost TrueUSD Stablecoin: Kaiko Research Head
Binance abolished almost all zero fee trading pairs from its platform after nine months, only keeping the promotion for the TUSD-bitcoin pair.

Bitcoin Sinks Below $27K as Federal Reserve, Powell Keep Focus on Inflation
The central bank confirmed most expectations with its decision to raise the interest rate by 25 basis points. Other major cryptos were largely in the red.

