Most markets are down Thursday, including stocks and bitcoin.
Bitcoin Started Moving in Sync With S&P 500, Volume Dropped, Kraken Says in June Volatility Report
According to the crypto exchange’s report, June was the most uneventful month for Bitcoin (BTC) trading since February and was marked by a reversal in correlation trends with gold and the S&P 500.
Bitcoin News Roundup for July 9, 2020
With bitcoin headed back up and Brazil’s real hitting new lows, CoinDesk’s Markets Daily is back!
First Mover: Pie Anyone? DeFi Pushes ETF-Style Investing Toward Decentralization
PieDAO’s push to decentralize itself shows the fast-growing DeFi industry’s efforts to retrofit investment vehicles for digital-asset markets.
Bitcoin Option Traders Bet on Bullish Move Following Volatility Squeeze
While bitcoin’s range play continues, option traders look to be betting on a big move to the higher side.
London Stock Exchange Parent Assigns Financial ‘Bar Codes’ to 169 Cryptos
The addition of bitcoin and its ilk to LSEG’s database, in response to customer demand, is a sign that institutions are slowly embracing the asset class.
Market Wrap: Bitcoin Jumps Past $9,400 Despite Weak July Volumes
A short rally popped bitcoin’s price to $9.4K during what’s been a month of sluggish volumes.
Bitcoin News Roundup for July 8, 2020
Very crypto, much wow. With Dogecoin back in the news, CoinDesk’s Markets Daily is back with another bitcoin news roundup.
Introducing the CoinDesk 20
This group of 20 digital assets make up most of what people mean when they say “the cryptocurrency market.”
Tata Consultancy Launches Crypto Trading Solution for India’s Financial Firms
India’s crypto renaissance continues, with Tata Consultancy unveiling a solution allowing banks and financial institutions to offer digital asset trading.
Copper Now Enables Funds to Create Complex Crypto-Backed Securities
The service allows institutional investors to securitize a range of crypto-based products, from token trackers to complex trading strategies.
As Gold Hits 9-Year High, Bitcoin Eyes Price Breakout
Bitcoin is looking to leap key resistance alongside a strong rally in gold, but its role as an inflation hedge is still weak.
First Mover: With Trading Volumes Slumping, Are There Too Many Crypto Exchanges?
As bitcoin’s volatility tumbles to a 15-month low, is there enough trading volume to go round for the world’s 400-plus cryptocurrency exchanges?
Dogecoin Volumes Spike 1,900% in 2 Days Amid Viral TikTok Videos
The Shiba Inu meme-based cryptocurrency’s price climbed 35% as TikTok users encourage each other to invest.
DeFi Driving Chainlink’s Link Token to Record Highs
The ever-increasing use of Chainlink’s price oracles in decentralized finance is driving the cryptocurrency higher, according to analysts.
Market Wrap: With Low Volatility, Traders Seem to Like $9,000 Bitcoin
Bitcoin traders love hitting buy on their terminals when the price is around $9,000.
Nearly $60M in Bitcoin Moved to Ethereum in June
Nearly $60 million worth of bitcoins moved to Ethereum during June, 75% of which came through Wrapped Bitcoin.
Delta Exchange Predicts $40 Price for COMP Ahead of Governance Token Deluge
One startup has done the math and thinks the true value for Compound’s COMP token right now should be more like $40.
Lightspeed Venture Invests $2.8M in Crypto Market Maker Wintermute
Funding will go towards expanding its liquidity products across the crypto derivatives market.
Bitcoin News Roundup for July 7, 2020
With BTC beating precious metals, Ethereum rising and a new report out on a lightning network vulnerability, CoinDesk’s Markets Daily is back for your Bitcoin news roundup!