Markets


Markets

Market Wrap: Bitcoin Erases Weekly Losses, but Skepticism Remains

BTC climbed for a third consecutive day, breaking above $21,000, despite lingering doubts.

Bitcoin erased this week's early losses and climbed for a third consecutive day. (Mick Haupt/Getty Images)

Markets

Bitcoin Erases Weekly Loss, Eyes Resistance at $22.6K

Bitcoin has reached breakeven for the week, invalidating a major bearish technical setup.

Gráficos diarios y semanales de bitcoin. (TradingView)

Markets

Market Wrap: Bitcoin Surges as Fed Governor Talks Down 100 Basis Point Rate Hike

U.S. Federal Reserve Governor Christopher Waller said he supports hiking interest rates by 75 basis points in July, alleviating some fears of a 100 basis-point raise.

(CoinDesk and Highcharts.com)

Markets

No, Mt. Gox Payouts Aren’t Going to Torpedo Bitcoin's Price

Mostly because honey badgers don’t care. Also, logistics.

(Mass Communication Specialist 2nd Class Derek J. Hurder/Wikimedia Commons)

Markets

Analysts See Recovery for CEL Token Despite Celsius Bankruptcy

CEL was down more than 10% in the past 24 hours, but some see a “fresh start” for the token.

Will there be a "fresh start" for Celsius's token? (Unsplash, modified by CoinDesk)

Markets

Crypto Traders Say Inflation Already Priced Into Bitcoin

“It’s the same old devastating and boring accumulation phase,” one observer said.

Inflation is surging, but bitcoin has been resilient. (AnnaTamila/Getty images)

Markets

DEX Contango Pushes Retro Alternative to Perps With 'Expirable Futures'

The decentralized exchange said it will launch a beta version later in the summer after undergoing security audits.

Expiring futures contracts, a legacy of physical commodity pits, are coming to a decentralized crypto exchange. (Jeremy Kemp via Wikipedia, modified by CoinDesk)

Markets

Voyager Digital's Token Surges Over 250% on 'Short Squeeze'

A short squeeze refers to a sharp rally fueled by the unwinding of bearish positions or several sellers rushing to take profits.

Short squeeze drove Voyager above $1 on Wednesday. (Highcharts.com, CoinDesk)

Markets

Market Wrap: Bitcoin Snaps Five-Day Losing Streak; Even Traders See More Hawkish Fed

BTC fell 4.5% minutes after the U.S. consumer price index showed June inflation rising to 9.1% but has since recovered.

BTC price plummeted 4.5% minutes after the CPI was released but has since recovered to Tuesday levels.

Markets

Wobble in stETH's Price Shows Fear Celsius Might Dump $435M Stake

The discount on stETH, a derivative of ether, surged as the crypto lender reclaimed and then transferred almost 10% of the total supply of the token.

A key market metric known as the "stETH discount" suggests market speculation that Celsius Network might dump a big stake. (Creative Commons, modified by CoinDesk)

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