Bitcoin's 'Coinbase Premium' Flips Positive After Weeks in the Red
The premium — which tracks the price spread between Coinbase and the global market — acts as a read on U.S. capital flows in previous cycles.
The premium — which tracks the price spread between Coinbase and the global market — acts as a read on U.S. capital flows in previous cycles.
The company had planned to invest up to $500 million in Uruguay, but cited high energy prices and regulatory hurdles as reasons for its pullout.
Crypto-related stocks are higher across the board, led by the bitcoin miners.
Implied volatility indices tied to bitcoin and the S&P 500 have erased the recent spike, offering bullish price signals.
Crypto market sentiment is beginning to show signs of improvement, as Bitcoin holds above $90,000, with the attitude toward the market now stronger than it was earlier this month when Bitcoin was trading above $100,000. The Crypto Fear & Greed Index, which measures overall crypto… Read More
The recovered tokens, spanning multiple networks and assets, will be paid out in the same tokens as originally provided, with a claim mechanism being developed.