In the past few weeks, Bitcoin has seen something of a comeback. Just in the last month, the price of BTC has gone up by 13.5%, and it has broken through the $31,000 barrier several times in the last few weeks. It looks like this excitement is also bringing more money into centralised cryptocurrency markets. In particular, more and more crypto traders are choosing to use centralised exchanges like Binance instead of decentralised swaps like Uniswap.
Read MoreLast week, short sellers and people who bet against Bitcoin Cash lost a lot of money because the Bitcoin fork, Bitcoin Cash, had an unexpected recovery that sent the cryptocurrency up 54%. The price of BCH had already gone up by 84% the week before, and it is now worth about $292. The community's loses of over $25 million (mostly from BCH-backed futures) are the worst in over two years.
Read MoreThe dollar is back on the attack, and the weakening of the Japanese yen isn't doing much to stop the dollar's fall.
Read MoreEven though the rate hike was bigger than expected, it didn't do much for the sterling. GBP/USD fell more than 1% to $1.2690.
Read MoreThe valuable metal is ready to take in what the central banker says about rate hikes and expectations of inflation
Read MoreThe USDJPY ran into resistance just above 142, making what is known in the world of technical analysis as a "double top pattern." More specifically, the exchange rate went up on Monday to the same level it reached and then went back down from on November 21, 2017. What's the meaning?
Read MoreBlackRock has filed to open a spot Bitcoin ETF, which would be the first of its kind to be allowed by US regulators. This would be a much-needed institutional endorsement of the crypto space. It seems like an odd time to apply for this kind of ETF, since the Securities and Exchange Commission's (SEC) recent cases against Binance and Coinbase have made regulators look more closely at the sector as a whole.
Read More
