A weekend sell-off in a Nasdaq 100–linked perpetual futures market on EdgeX triggered roughly $13 million in liquidations, highlighting the risks of trading equity-index perps when underlying traditional markets are closed. On Saturday, a newly created wallet began executing a six-hour time-weighted average price (TWAP) order to short 398 XYZ100 contracts, worth roughly $10 million,…
The coming week will be dominated by data from the wider economy, with employment and inflation reports in the U.S. and interest-rate decisions in Japan and Europe. Coinbase, the largest publicly traded crypto exchange, announces a system update that is expected to include an in-house prediction market. U.S. nonfarm payrolls data, usually released on the…
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin’s BTC$89,629.86 three-week price bounce looks vulnerable to a reversal as the Nasdaq, Wall Street’s tech-heavy index, hit a wall last week, hinting at potential trouble ahead. Since hitting $80,000 lows on Nov. 21, BTC has steadily bounced above $90,000,…
Crypto markets slipped on Sunday as a broader pullback in risk assets extended into the final full trading week of the year, with investors remaining cautious amid concerns over technology valuations, fading momentum in U.S. equities and mixed signals from the Federal Reserve. Bitcoin fell about 0.5% to trade near $89,600, hovering just above last…
Kevin Hassett, a top contender for President Donald Trump’s Fed chair pick, stated that Trump’s voice would carry no weight in the central bank’s interest rate decisions under his chairmanship. “[He] has very strong and well-founded views about what we ought to do,” Hassett, Trump’s top economic adviser at the White House, said Sunday on…
Bitcoin (BTC) could face a continued correction toward the $70,000 level if the Bank of Japan (BoJ) proceeds with an expected interest-rate hike on Dec. 19, according to multiple macro-focused analysts. Key takeaways: BoJ tightening could pressure Bitcoin by draining global liquidity. Macro and technical signals align around a $70,000 downside target. BOJ hikes preceded…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin traded near $89,000 as Hong Kong started another work week after…
Bitcoin (BTC) eroded $90,000 support into Sunday’s weekly close as predictions saw BTC price volatility next. Key points: Bitcoin is seen breaking its sideways trading range as volatility hits “extreme” lows. Traders wait for a breakout as the weekly close approaches. Bear market fears spark another $50,000 BTC price bottom target. Bitcoin breakout move “around…
Key takeaways In 2025, oil-linked capital from the Gulf, including sovereign wealth funds, family offices and private banking networks, has emerged as a significant influence on Bitcoin’s liquidity dynamics. These investors are entering Bitcoin primarily through regulated channels, including spot ETFs. Abu Dhabi has become a focal point for this shift, supported by large pools…
A dispute between the Aave decentralized autonomous organization (DAO), which governs the Aave decentralized finance (DeFi) protocol, and Aave Labs, the main development company for Aave products, over fees from the recently announced integration with decentralized exchange aggregator CoW Swap, continues to flare up. The issue was raised by pseudonymous Aave DAO member EzR3aL, who…
