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Markets

Bitcoin tops $72,000 as crypto rallies despite stronger dollar: Crypto Markets Today

Bitcoin tops $72,000 as crypto rallies despite stronger dollar: Crypto Markets Today

1 month ago by Crypto InsightsCrypto

Bitcoin BTC$71,859.13 rose through $72,000 during European hours on Friday, rising by 2% since midnight UTC and outpacing gains in U.S. equity indexes. Futures on the Nasdaq 100 and S&P 500 index dropped during Asian trading hours before recovering. Both are now in the green.… Read More

Investment firm Multicoin bets ‘Internet Labor Markets’ will drive crypto’s next wave of adoption

Investment firm Multicoin bets ‘Internet Labor Markets’ will drive crypto’s next wave of adoption

1 month ago by Crypto InsightsCrypto

For much of crypto’s history, the primary use case has been simple: buying tokens and trading them. Now, some investors and builders believe the industry may be moving toward a different model altogether: earning crypto instead of buying it. One version of that idea is… Read More

How private credit cracks at BlackRock, Blue Owl could hit crypto and DeFi markets

How private credit cracks at BlackRock, Blue Owl could hit crypto and DeFi markets

1 month ago by Crypto InsightsCrypto

Cracks in the global private credit market are rattling investors, raising concerns the stress could spill into crypto markets. Bloomberg reported Friday that BlackRock’s $26 billion private credit fund has begun limiting withdrawals amid rising redemption requests. The move follows similar stress at Blue Owl,… Read More

Bitcoin drifts toward $60,000 as traders brace for potential washout: Crypto Markets Today

Bitcoin drifts toward $60,000 as traders brace for potential washout: Crypto Markets Today

2 months ago by Crypto InsightsCrypto

Bitcoin BTC$63,304.16 fell for a fourth straight day to around $63,100, its lowest since Feb. 6’s $60,200, CoinDesk data show. The latest move to the downside coincides with risk-off sentiment from investors across global markets. U.S. equities have lost ground this week, and the dollar… Read More

Zora moves onto Solana with “attention markets” for trading internet trends

Zora moves onto Solana with “attention markets” for trading internet trends

2 months ago by Crypto InsightsCrypto

On-chain social platform and decentralized protocol Zora is making a decisive shift beyond its non-fungible tokens (NFT) and creator roots with the launch of “attention markets” on Solana, a product that allows users to trade tokens tied to internet trends, memes and cultural moments. The… Read More

Bitcoin isn’t competing with gold, but rather prediction markets and ultra-short options

Bitcoin isn’t competing with gold, but rather prediction markets and ultra-short options

2 months ago by Crypto InsightsCrypto

Bitcoin BTC$77,317.26 is suffering from an identity crisis that has nothing to do with fundamentals and everything to do with shrinking attention spans. While gold rallied more than 12% and the S&P 500 ticked higher in the past 30 days, bitcoin slid more than 10%… Read More

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