Bitcoin First, Not Only: Fostering Widespread Adoption Through Education
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Betting against that outcome could yield almost 8x as much as Taiwan government bonds. Plus: Mideast turmoil barely changes presidential odds.
The latest price moves in bitcoin (BTC) and crypto markets in context for April 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
One analyst firm said over $13 billion in open interest was wiped out as $1.5 billion in bullish bets were liquidated.
Bitcoin traded at a perfect negative correlation to PAXG in a sign of weak demand as a geopolitical hedge, according to one observer.
Bitcoin and the broader cryptocurrency market fell nearly 10% on Saturday.
Investors may expect market weakness due to the tax season, Ryze Labs said in a report.
CoinDesk 20 leaders (CoinDesk Indices)
The latest price moves in bitcoin (BTC) and crypto markets in context for April 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin cash has been seen a proxy for the upcoming halving of rewards on the Bitcoin blockchain.