Analytics notice a strengthening correlation between Bitcoin and gold. The biggest crypto was recently trading with a 3% growth over the past seven days, the same as gold for that period.
Analytics notice a strengthening correlation between Bitcoin and gold. The biggest crypto was recently trading with a 3% growth over the past seven days, the same as gold for that period.
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Markets
Mar. 27, 2023

Binance Bitcoin Trading Volume Hits Lowest Level in 8 Months Following Termination of Zero-Fee Trading
The world’s largest crypto exchange by trading volume, Binance, recorded its lowest bitcoin trading volume on Sunday since July 4, 2022, according to data from Kaiko. Volume for 13 trading pairs, which once accounted for roughly half of the ex...
Markets
Mar. 27, 2023

Crypto-Related Stocks Drop Alongside Bitcoin on CFTC Binance Suit
Stocks of crypto companies fell Monday after the U.S. Commodity and Futures Trade Commission (CFTC) sued Binance , the world's largest cryptocurrency exchange by trading volume, and CEO Changpeng Zhao. Coinbase (COIN), the only U.S. publicly tr...
Markets
Mar. 27, 2023

First Mover Americas: First Citizens Scoops Up Big Chunks of Silicon Valley Bank
This article originally appeared in First Mover , CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices Top Stories The Federal De...
Markets
Mar. 27, 2023

Bitcoin Has Benefited From U.S. Dollar Liquidity to Support Banks: Morgan Stanley
Expectations of increased U.S. dollar liquidity to support the banking sector following a string of forced closures has helped bitcoin (BTC) rally, but other factors are also at play, Morgan Stanley (MS) said in a research report Sunday. Bitcoin...
Markets
Mar. 27, 2023

ARK Invest Scoops Up Coinbase, Block Shares for Second Straight Day
Cathy Wood's ARK Invest bought $12.6 million of Coinbase (COIN) shares on Friday, the second straight day the fund bought the crypto exchange's stock after the company received a Wells Notice from the U.S. Securities and Exchange Commission (SEC)...
Markets
Mar. 27, 2023

First Mover Asia: Bitcoin Is Ready for a Consolidation Phase
Good morning. Here’s what’s happening: Prices: Bitcoin is beginning the week testing $28,000, but a consolidation at $25K is within the realm of possibilities. Insights: Decentralized derivatives platforms are short of liquidity. What's i...