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Data suggest traders are expecting Bitcoin to drop further over the weekend. While Bitcoin’s price is still moving sideways, the same cannot be said of its open interest.As the month of May...
In its most recent reserves report, Tether pledged to further reduce commercial paper as part of its reserves.Tether, the largest stablecoin by market capitalization, has paid out more than $10...
Shares of Walmart (NYSE:WMT) closed 11.38% lower on Tuesday after the retail giant reported FQ1 2023 earnings that were well below analysts’ expectations. This marked the worst daily drop for...
In light of DeFi uncertainty, Bitcoin gets closer to previously abandoned 50% market dominance. The price of Bitcoin may still be bound to the $30k range, but the same cannot be said for its dominance...
Digital asset inflows for BTC reached a record $299 million last week.Bitcoin closed in the red for seven consecutive weeks for the first time ever, as the wider crypto market remains turbulent after...
Equity markets are becoming more volatile as the cost of capital increases.The correlation between equity and crypto markets has been steadily increasing over the last few months and is now at a...
Shares of Palantir Technologies (NYSE:PLTR) crumbled last week after the big data analytics provider reported disappointing fiscal Q1 earnings.Disappointing Set Of ResultsThe data analytics company...
Shares of Palantir Technologies (NYSE:PLTR) crumbled earlier this week after the big data analytics provider reported disappointing fiscal Q1 earnings.Disappointing Set Of ResultsThe data analytics...
Coinbase (NASDAQ:COIN) has lost around $85 billion in market cap since going public. The company's shares are down by around 87%.Coinbase, the largest crypto exchange in the US, fell over 26% on May...
Over a decade has passed since Bitcoin first hit the market in 2009. It took that long to convince people that a virtual asset can have value, one that is not backed by a physical asset, a government,...
Decentralized stablecoin UST lost its dollar peg, dropping to as low as $0.6841. Meanwhile, its sister token, LUNA dropped by around 50%.LUNA, Terra’s governance and staking token, has plunged...
Microstrategy (NASDAQ:MSTR) could face a margin call over its Bitcoin-backed loan if the Bitcoin price drops below $21,000.MicroStrategy, the business-intelligence software company that has shown...
Following the sharp drop in US stocks on Thursday, the crypto market lost a collective $144 billion in market cap.More than $144 billion was wiped off the crypto market in less than six hours on...
Bitcoin continues to separate itself from other risk-on assets with increasing bullish behavior.A significant takeaway from Bloomberg Intelligence’s report about Bitcoin for May is its...
IMF Deputy warns that inflation could rise even faster than what central banks anticipate.Reports suggest that the US Federal Reserve will drastically increase interest rates to curb growing inflation...
Apple (NASDAQ:AAPL) has hired anti-union lawyers, which signals that the tech titan is not happy about workers trying to organize.Apple closed the trading day on Tuesday at $156.80, down by around...
Cathie Wood's flagship fund the ARK Innovation ETF (NYSE:ARKK) is nearing a two-year low, but short-sellers believe the drop will be short-lived.ARK Investment’s funds have lagged significantly...