Attention Bitcoin Traders, the Japanese Yen Is Strengthening Again
A similar yen outperformance early this month triggered carry unwind and rocked risk assets, including cryptocurrencies.
Financial
Market
Financial
Crypto for Advisors: Crypto Volatility and Market Conditions
During times of uncertainty, the increased availability and accessibility of an investor’s portfolio can lead to reduced volatility and panic across all asset classes, including crypto-native tokens.
Financial
Stablecoin Supply Growth Isn’t Eating Into Crypto Market Share: JPMorgan
The share of stablecoins versus total cryptocurrency market capitalization is relatively unchanged this year, the report said.
Financial
Bitcoin Crosses $61K as Traders Remain Cautious Ahead of U.S. CPI, Further Unwinding of Yen Carry Trade
BTC beat the CoinDesk 20 during the Asia trading hours, while traders remain bullish on TON because of its GameFi integration.
Financial
First Mover Americas: BTC Slides Ahead of Busy Data Week
The latest price moves in crypto markets in context for Aug. 12, 2024.
Financial
Bitcoin Nears $58K in Selloff Ahead of Busy Data Week
Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.
Financial
Tether’s USDT and Circle’s USDC Combined Supply Grew $3B Amid Crypto Market Rebound
Stablecoins serve a key role in the crypto space and their expanding supply is usually a sign of health of the broader market.
Financial
Bitcoin Bulls Revisit $100K Year-End Target as BTC Spikes Over $62K
“Regardless of the next 60 days, the bull market will continue along traditional four-year cycle lines with solid gains in October and November,” one trader said.
Financial
Coinbase Takes Aim at CFTC’s Definition of ‘Gaming’ in Proposed Prediction Market Rules
Coinbase argues the definition is vague, and urges the CFTC to make determinations on a contract-by-contract basis rather than broad categorization
Financial
XRP Jumps 17%, Beating Bitcoin Gains, as Ripple-SEC Case Ends
Trading volumes nearly tripled and open interest on XRP-tracked futures jumped $200 million in the past 24 hours.