Thursday, March 23, 2023

Coinbase, Hut 8 and Other Crypto Stocks Rise as Bitcoin Surpasses $26K

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Coinbase shares were up close to 7%, while those of MicroStrategy (MSTR), which holds billions of dollars of bitcoin on its balance sheet, were up 7.7%. Crypto mining stocks were...

After the Gold Rush: What Dapper Labs’ Big-League Collectibles Teaches Us About NFTs

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Dapper’s NBA Top Shot experienced a wild price bubble during the NFT boom. The followup NFL All Day collection has had a more modest rollout - and collectors think that's...

On-Chain Data Reveals How Trading Firms Worked the USDC Stablecoin Repeg

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Trading firms were quick to jump on the USDC long trade over the weekend as the stablecoin slumped to $0.88 amid banking concerns in the U.S. Source link

Crypto Derivatives Protocol Volmex Finance’s Bitcoin and Ether Volatility Charts Now Live on TradingView

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Volmex's Bitcoin implied volatility index (BVIV) and Ether implied volatility index (EVIV) measure the expected price turbulence over 30 days, derived from real-time crypto call and put options. The indices...

Cardano Blockchain Releases Update to Enhance Network Communication

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Sign up for Valid Points, our weekly newsletter breaking down Ethereum’s evolution and its impact on crypto markets.DISCLOSUREPlease note that our privacy policy, terms of use, cookies, and do not...

Bitcoin Is Benefiting From Crypto’s Flight to Quality: Matrixport

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Investors are shifting into bitcoin from stablecoins as well as more volatile cryptocurrencies, the report said. Source link

Crypto Speculators Betting on ‘No Airdrop’ for Arbitrum Lose 95% of Capital

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Users of Arbitrum, which has seen immense growth in the past few months, were long since expecting the network to issue its native tokens. Arbitrum developers have previously denied they...

Bitcoin Breakout Has Put $28K in Cross Hairs

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Bitcoin's swift move above a resistance dating back to August 2022 has strengthened the case for a continued rally. Source link

Crypto Twitter Thinks the Fed’s $297B Balance Sheet Expansion Is ‘QE’, But It’s Not

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"QE is increasing the balance sheet for monetary purposes. This is about financial stability, and all expansion of the balance sheet is not QE," Marc Chandler, chief market strategist at...

Web3 Company Orange Comet Taps 13-Year-Old Artist Doodle Boy for NFT Drop

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The company is bringing teenaged artist Joe Whale’s work to life through a series of digital collectibles minted on OpenSea. Source link

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