Markets


Markets

First Mover Americas: Coinbase Responds to the SEC’s Lawsuit

The latest price moves in crypto markets in context for June 29, 2023.

Coinbase CEO Brian Armstrong (Coinbase)

Markets

CoinDesk Indices Smart Contract Platform Highlights the Difference Between Bitcoin and Ether Performance

Stablecoin supplies on smart contract platforms continue to trend downward, but the smart contract index has maintained a solid performance.

(Unsplash)

Markets

Bitcoin Drops Below $30K as Altcoins Tumble; BTC Dominance Reaches 26-Month High

Bitcoin's market cap composes 52% of the total crypto market, its highest level since April 2021.

Bearish stock financial, bear market chart falling prices down turn from global economic and financial crisis. (Getty Images)

Markets

First Mover Americas: First Leveraged Bitcoin ETF in U.S. Trades $5.5M on Day One

The latest price moves in crypto markets in context for June 28, 2023.

(Wance Paleri/Unsplash)

Markets

MicroStrategy's Bitcoin Purchases Tend to Be Short-Term Negative for Prices, Research Shows

Past data shows bitcoin tends to drop 2% on the day MSTR announces new purchases.

BTC/USD chart (TradingView)

Markets

CFX Drops 6% After Conflux Network Says DWF Labs Bought $18M of Its Tokens

Conflux token's dour reaction is consistent with the prevailing investor disinterest in alternative cryptocurrencies.

Andrei Grachev Managing Partner DWF LABS (LinkedIn, Modified by CoinDesk)

Web3

Azuki NFT Prices Slide 44% After Creator Releases 'Basically Identical' Elementals

Elementals became the most-hyped and largest NFT offering in recent months, but community reaction has been critical.

Azuki Elementals (OpenSea)

Markets

As Prices Consolidate in Spot Markets, Asset Managers Increase Long Positions in Derivative Markets

The Commitment of Traders Report indicates asset managers’ continued bullishness in bitcoin markets.

(Getty Images)

Markets

ADA, SOL Underperform as Robinhood Gets Set to Delist Them Amid SEC Crackdown

The popular trading app will no longer support the trading of Cardano, Solana and Polygon after Tuesday.

Trading app Robinhood has added Solana, Pepe, Cardano and XRP to the list of cryptocurrencies available to trade on its platform. (Unsplash)

Markets

Bitcoin Prices Topping $31.9K Would Confirm Long-Term Bullish Bias: Fairlead Strategies

The Ichimoku cloud, created by Japanese journalist Goichi Hosoda in the late 1960s, is used by traders and analysts to monitor momentum and trend direction.

(Allan Nygren/Unsplash)

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