First Mover Americas: BoJ Comments Offer Relief to Crypto
The latest price moves in crypto markets in context for Aug. 7, 2024.
The latest price moves in crypto markets in context for Aug. 7, 2024.
The latest price moves in crypto markets in context for Aug 6, 2024.
ETH bounced over 18% in the past 24 hours to reverse losses from a steep fall on Monday, with some drawing eyes to the blockchain’s fundamentals.
Asian stocks and futures jumped higher Tuesday, recovering from one of the worst slides in recent years in Monday’s trading session.
Bitcoin’s 30% decline in a week was for some observers reminiscent of the March 2020 crash, but there’s been multiple occasions of similar drawdowns during previous bull markets.
The latest price moves in crypto markets in context for Aug 5, 2024.
Aave shows defiance during the sell-off by profiting off user liquidations.
Carry trading, a popular strategy from the first quarter, involves profiting from pricing discrepancies between two markets.
The company reported better-than-expected second-quarter earnings on Thursday but saw a strong downtick in revenue from transaction fees, its main source of income.
Long-term holders are motivated to hold at bitcoin’s going market rate, implying an attractive risk-reward for existing or potential investors, according to the “reserve risk” indicator.