Bitcoin Edges Below $28K as Investors Weigh Deutsche Bank Contagion Fears
But the largest cryptocurrency by market capitalization is still up about 16% in March. Ether dropped below $1,800.
Bitcoin
Bitcoin From Defunct BTC-e on the Move Again: Report
Someone is trying to cash out bitcoin from an exchange that has been inactive since the U.S. shut it down in 2017.
Bitcoin Inches Toward $28K as Traders See $260M in Futures Liquidations
Some remain upbeat about the medium-term outlook for bitcoin and the broader market.
First Mover Asia: Blockchain-Enabled SIM Card for Crypto Investors Fuels Conflux Growth; Bitcoin Holds Near $27.3K After Fed Decision
ALSO: The SIM card offers the security of a hardware crypto wallet but with more convenience, says Conflux’s chief technology officer in a Q&A with CoinDesk’s Shaurya Malwa.
Binance Curb on Zero-Fee Trading May Cost Market Share, Boost TrueUSD Stablecoin: Kaiko Research Head
Binance abolished almost all zero fee trading pairs from its platform after nine months, only keeping the promotion for the TUSD-bitcoin pair.
Rapid Bank Runs Reveal Deposits Are Now Magic Internet Money, Too
Internet-era bank runs don’t look anything like this. (National Archives via Wikipedia, modified by CoinDesk)
Bitcoin’s Price Rally Driven by Americans’ Safe Haven Bid: Matrixport
The U.S. trading hours continue to be a major source of bullish pressure for bitcoin.
First Mover Asia: Crypto VC Funding Was Resilient in the Bear Market. It’s Now Powering Through This Mini-Bull Cycle
A Crypto Rank team of analysts wrote that “despite the inherent volatility of the cryptocurrency market, venture capitalists…continue to pour significant investments into the industry.”
Crypto Market Witnesses Odd Relationship Between Bitcoin, Ether Volatility Metrics
Bitcoin is in the spotlight as cracks emerge in the traditional banking system, one observer said, explaining the negative spread between ether and bitcoin implied volatility metrics.
Open Interest in Bitcoin Futures Hits Yearly High of $12B
An uptick in open interest alongside a price rally is said to confirm an uptrend.