The story of the economy as told by five macroeconomic indicators including Chinese stocks, New York City real estate, coronavirus cases and more. In this extended Brief, NLW tells the story of the economy through five themes: Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives […]
Markets
22 posts
Now, I have no idea how old you are, nor do I want to make any assumptions. I will assume, though, that since you are reading this, you have an interest in markets and/or crypto assets. And since this is a newsletter aimed at professional investors, I will assume that […]
Bitcoin broke below $9,000 Thursday afternoon as the leading cryptocurrency has continued to trade in a tight range just above $9,000 for several weeks. Despite the brief 3% afternoon drop, however, the cryptocurrency markets continue to stay eerily calm as volatility drops and traders continue to expect a big move. […]
Bitcoin broke above $9,250 for the first time since Friday as the leading cryptocurrency continues to trade in a tight range just above $9,000 for several weeks. But cryptocurrency markets have stayed quiet as traders expect a big move. Bitcoin was trading hands around $9,250 as of 20:00 UTC (4 […]
In the cryptocurrency markets, no two exchanges are alike. Even in major crypto exchanges, trading U.S. dollars for bitcoin can have fairly different order sizes and spreads, according to data compiled by aggregator CryptoCompare. Average order sizes over the past week were quite varied, CryptoCompare found. Orders on Bitstamp averaged […]
Bitcoin started the week with a bullish run, but it has now given back all of those gains. Bitcoin (BTC) was trading around $9,296 as of 20:00 UTC (4 p.m. ET), slipping 3.5% over the previous 24 hours. At 00:00 UTC on Wednesday (8:00 p.m. Tuesday ET), bitcoin was changing […]
Cryptocurrency exchange FTX has launched eight unique index futures and volatility markets in less than 12 months. But enticing sophisticated traders to use these novel products has proved challenging. At the time of publication, Antigua and Barbuda-based FTX supports 115 different cryptocurrency futures markets. BitMEX, currently the largest cryptocurrency derivatives […]
Bitcoin took a hit Monday, only to recover as many market participants see price weakness ahead. Bitcoin (BTC) was trading around $9,426 as of 20:00 UTC (4 p.m. ET), gaining less than a percent over the previous 24 hours. At 00:00 UTC on Monday (8:00 p.m. Sunday EDT), bitcoin was […]
As Ethereum pushes slowly toward a new type of blockchain technology that some cryptocurrency experts predict could represent the future of decentralized finance, the upstart competitor Cardano is getting ready to go live. And Cardano’s digital token, ADA, is soaring this year in digital-asset markets on speculation that the project’s early embrace […]
One underappreciated feature of crypto markets is the lack of centralization. I mean, people know crypto assets are decentralized and trade on exchanges all over the world. But what’s often overlooked is the relative ease with which people can change the venues they buy and sell their holdings on. If, […]
Guardian: For Americans, coronavirus went from being a mysterious affliction that occurred in far-off lands to 1m confirmed cases on US soil within 14 weeks. Now, just six weeks later, the US has broken through the grim milestone of 2m positive tests for Covid-19, according to the Johns Hopkins University […]
The largest 50-day “Robinhood” rally in stock market history and even stocks of bankrupt companies are up more than 100%. What is going on? Saudi Arabia injects $13 billion in bank liquidity via blockchain. China’s state TV CCTV says Binance is still allowing crypto trading in China. MakerDAO community greenlights […]
From the largest 50-day rally in history to the highest unemployment since the Great Depression, the story of markets in five key numbers Every day that protests continue and stocks go up, more people ask about the disconnect between the real economy and capital markets. In this episode of The […]
Could an overbearance of regulation divide the crypto space and create a “gray” market composed of unregulated exchanges, where digital assets trade at lower prices? At a panel at Consensus: Distributed exploring the impact of the Financial Action Task Force (FATF) “Travel Rule,” Bakkt President Adam White said yes. “We […]
Jerry Morales owns Gerardo’s Casita, in Midland, Texas. The former mayor of Midland and past president of the Texas Restaurant Association has done anything and everything to keep his businesses alive over the past two months. John Burnett/NPR hide caption toggle caption John Burnett/NPR Jerry Morales owns Gerardo’s Casita, in […]
Bitcoin’s steady price gains over the past few days ended Friday. With the halving in the rearview mirror, cryptocurrency traders could consider the impact of a continued global economic slowdown after new data showed retail sales dropped to record lows and unemployment numbers continue to worsen. The world’s first cryptocurrency […]
India 08:28 GMT 13.05.2020Get short URL New Delhi (Sputnik): Indian markets have fallen from their February levels due to the COVID-19 pandemic. From levels of over 41,000 in February, the benchmark index Sensex has fallen to its current level of 32,000. The health emergency declared due to the virus has […]
In advance of her “Crypto Across Emerging Markets” panel at Consensus: Distributed on May 11, Leigh Cuen is writing a three-part column on how cryptocurrencies are used in the developing world. The first installment explored bitcoin adoption in the Middle East and the second covered Africa. Some believe the broader economic crisis might […]
Open contracts on bitcoin options rose to record highs on Thursday as the cryptocurrency’s price rose into five figures. Data from major exchanges – Deribit, LedgerX, Bakkt, OKEx, and CME – shows that open interest on options rose above $1 billion, surpassing the previous all-time high of $70 million registered […]
Bitcoin looks to have decoupled from traditional markets as investors refocus on the network’s imminent mining reward halving. While the top cryptocurrency by market value has gained nearly 5.9% so far this month, gold, a haven asset, has declined by 1%. Meanwhile, as of Wednesday, the S&P 500, Wall Street’s […]
Cryptocurrency exchanges based outside the U.S. are pushing to fill what they see as a competitive gap in the world’s biggest economy – offering more leverage to traders who have limited alternatives due to a strict domestic regulatory environment. Antigua and Barbuda-based cryptocurrency exchange FTX plans to launch its newly established […]
In the ever-curiouser markets of 2020, bitcoin is only slightly more volatile than the S&P 500 and nowhere close to the bumpy ride oil has been on. In early trading at 00:00 UTC, the world’s oldest cryptocurrency was in $8,800 territory before jumping as high as $9,125 on spot exchanges […]