Markets

Crypto spot vs derivatives trading volume with derivatives market share. (CCData)
Crypto Monthly Trading Volume Drops for First Time in Seven Months to $6.58T
Bitcoin, the leading cryptocurrency by market value, fell nearly 15% in April, ending a seven-month streak.
Crypto spot vs derivatives trading volume with derivatives market share. (CCData)

A wave of token unlocks and bitcoin distributions are pressuring crypto markets (Photoholgic/Unsplash)
Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom
Bitcoin was lower by 2.5% to $61,500 late Wednesday, with solana and bitcoin cash each down more than 7%.
A wave of token unlocks and bitcoin distributions are pressuring crypto markets (Photoholgic/Unsplash)

Joshua Lim on CoinDesk TV at Consensus 2022 (CoinDesk, modified)
Crypto Principal Trader Arbelos Markets Raises $28M Led by Dragonfly Capital
The trading firm aims to fill the gap left after crypto's credit meltdown two years ago and improve trust by offering a real-time overview of its risk exposure to clients, co-...
Joshua Lim on CoinDesk TV at Consensus 2022 (CoinDesk, modified)

Key bitcoin volatility indicator suggests a period of calm in the crypto market. (Stephanie Klepacki/Unsplash)
Key Bitcoin Indicator Points to Period of Calm in Crypto Market
BTC's volatility risk premium (VRP) has collapsed in a sign of a market trending towards stability, where future uncertainties are less of a concern.
Key bitcoin volatility indicator suggests a period of calm in the crypto market. (Stephanie Klepacki/Unsplash)

Coins raining down on an umbrella (Getty Images)
Lyra Finance Now Lets Liquid Restaking Token Holders Earn Extra Yields From Automated Trade Strategies
LRT holders can tokenize any yield-bearing strategy to generate an annualized percentage yield of 10% to 50%.
Coins raining down on an umbrella (Getty Images)

RNDR, an AI-related token, has surged 40% in seven days. (CoinDesk)
AI Tokens Lead Crypto-Market Recovery as Nvidia Hits One-Month High
"We are in an AI super cycle right now," one market observer said.
RNDR, an AI-related token, has surged 40% in seven days. (CoinDesk)

16:9 Stock market rally (sergeitokmakov/Pixabay)
Bitcoin Rebound Has Crypto Options Traders Anticipating $100K
The number of active bitcoin call contracts is significantly higher than puts, indicating bullish market sentiment.
16:9 Stock market rally (sergeitokmakov/Pixabay)

MicroStrategy Executive Chairman Michael Saylor (CoinDesk)
Two Big Bitcoin Catalysts Could Drive MicroStrategy Stock Gains, TD Cowen Says
MicroStrategy shares are up 89% year-to-date but TD Cowen analyst Lance Vitanza believes the software firm could end the year “meaningfully higher.”
MicroStrategy Executive Chairman Michael Saylor (CoinDesk)

Bitcoin's recent weakness is more tied to global markets. (Coinbase)
Bitcoin’s Recent Weakness Is More Tied to Global Markets Than to Anything Crypto Specific, Coinbase Says
Both equities and gold have been trading lower since reaching highs in mid-April, the report noted.
Bitcoin's recent weakness is more tied to global markets. (Coinbase)

BTC's price chart (CoinDesk)
Bitcoin's Price Recovery Faces Nonfarm Payrolls Test
Bitcoin held steady as the dollar index nursed losses ahead of a U.S. jobs report that is expected to show the unemployment rate remained below 4% for the 27th straight month.
BTC's price chart (CoinDesk)