Market Wrap


Markets

Crypto Markets Today: CFTC Chair Proposes Pause to Overhaul Digital Commodities Consumer Protection Bill

Rostin Behnam made the suggestion as regulators and the crypto industry continue processing the implosion of crypto exchange giant FTX.

CFTC Chair Rostin Behnam speaks at DC Fintech Week. (Nikhilesh De/CoinDesk)

Markets

Crypto Markets Today: Kraken Becomes the Latest Industry Giant to Cut Its Workforce

The crypto exchange is cutting 30% of its global staff. ALSO: Bitcoin surges along with equity markets on the Federal Reserve Chair’s dovish tone in a speech Wednesday.

Kraken is cutting 30% of its global staff. (Shutterstock)

Markets

Crypto Markets Today: Huobi’s HT Token Climbs After Exchange Discloses Airdrop

The company will send a digital token to users via Huobi Prime, its exclusive token offering platform.

ETH falls, but BTC climbs. (Thomas Höggren/Unsplash)

Markets

Crypto Markets Today: BlockFi Files for Bankruptcy Protection, MakerDAO Rejects $500M Proposal to Invest in Bonds and BTC Slides

Crypto prices dropped amid continued market contagion triggered by the FTX collapse earlier this month.

BTC and ETH prices continued to slide. (Karsten Winegeart/Unsplash)

Markets

Market Wrap: Who Transferred 10K Bitcoin From Wallet Linked to the Failed BTC-e Exchange?

Bitcoin stayed above $16K after the Fed minutes were released and Genesis Global Capital confirmed hiring investment bank Moelis.

(Midjourney/CoinDesk)

Markets

Market Wrap: FTX Was Sam Bankman-Fried’s 'Personal Fiefdom,' Lawyers Said

The CoinDesk Market Index, bitcoin and ether were all in the green.

AI Artwork SBM Sam Bankman-Fried (DALL-E/CoinDesk)

Markets

Market Wrap: Crypto Markets Nervous as the FTX Collapse Dents Institutional Confidence

Coinbase and MicroStrategy bonds tanked, crypto markets plunged and the FTX exploiter moved a total of 180,000 ether.

Bitcoin and ether prices plunged amid continued market uncertainty triggered by the FTX collapse. (Nathan Dumlao/Unsplash)

Markets

Market Wrap: Investors Continue to Learn More About FTX's Mismanagement

Bitcoin and ether held steady at their most recent support levels.

A careful perusal of 2021 auditing reports would have revealed deep problems at FTX and Alameda Research. (Ian Waldie/Unsplash)

Markets

Market Wrap: Crypto Respond Sideways to FTX and related crises

The largest cryptocurrency by market capitalization was recently up about 1% and hovering comfortably over its $16,000 support of the past nine days.

(Midjourney/CoinDesk)

Markets

Market Wrap: Genesis Withdrawal Suspension Looms Over Cryptocurrencies

Bitcoin and other cryptocurrencies fell as investors chewed over the industry’s latest debacle.

(DALL-E/CoinDesk)