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For the third week, bitcoin remains locked in a price range between $90,000 and $100,000, punctuated only by Dec. 5's short-lived rise into six figures. This indecisive price action might have left traders feeling uninspired, with two key reasons holding back the upside.First, the influx of liquidi…
Cryptocurrencies continued to this week's decline on Tuesday, with altcoins in near-freefall as bitcoin slid further from the $100,000 level.Among the worst-hit cryptos were XRP, Polkadot (DOT), Litecoin , Aptos (APT) and Cardano , down 15%-18% over the past 24 hours, extending Monday declines. The…
By Omkar Godbole (All times ET unless indicated otherwise)Bitcoin's bull-bear tug-of-war continues to rage, with prices recovering to over $97,000 from Monday's dip to $94,200. The slide was prompted by concern Google's new quantum-computing chip, Willow, could compromise BTC's security — a worry qu…
BlackRock's spot bitcoin (BTC) exchange-traded fund (ETF), tickered IBIT on Nasdaq, dropped on Tuesday as the overheated crypto market cooled and unfounded concern that bitcoin's security might be compromised by quantum computing percolated across social media.IBIT's price fell 5.3% to $54.73, the b…
Major tokens and midcaps registered one of their worst days in recent months with a sharp drop during early Asian hours on Tuesday, even as bitcoin was relatively little changed.XRP, dogecoin and Cardano’s ADA fell as much as 15% in the past 24 hours, data shows, as selling pressure mounted in lat…
It's raining options, CoinDesk said last week, pointing to growing demand for derivatives tied to bitcoin and other cryptocurrencies. Now, additional evidence has emerged in the form of record activity on decentralized finance (DeFi), which offers unique and programmable onchain options, perpetuals…