Markets


Markets

Bitcoin Whales Stay Away Even as Technical Indicator Flashes Oversold

RSI can stay oversold longer than dip buyers can stay solvent.

Bitcoin's daily chart RSI signals oversold conditions for the first time since May 2021. (TradingView)

Markets

Cosmos Token Surges 8% Amid Airdrops, Polkadot Bridge

Prices of airdropped tokens to Cosmos stakers were some of the biggest gainers in the past 24 hours.

ATOM surged 8% in the past 24 hours but saw resistance on Monday morning. (TradingView)

Markets

Bitcoin Heads for Worst Week in 8 Months as Traders Lament 'Pikachu Pattern'

The price appeared to stabilize around $35,000, but gallows humor filled social-media sites as more than $1.5 billion of tradition positions were liquidated.

Bitcoin's price chart over the past month. (CoinDesk)

Markets

Ethereum Could Hold Lead as Dominant Smart-Contract Blockchain: Coinbase Analysts

The only real “ETH killer” might end up being Ethereum 2.0, according to analysts for the U.S. exchange Coinbase.

Ethereum's lead over competitors might be hard to close. (Elena Rabkina/Unsplash)

Videos

Ether, Altcoins Tank, With Bitcoin as Decoupling Narrative Goes Up in Smoke

The developing narrative of ether and altcoins decoupling from bitcoin in an adverse macro environment went up in smoke Friday, as a sell-off in stocks and BTC caused extensive damage to the broader digital asset market. Is centralized liquidity dictating the market value of cryptocurrencies promising decentralization? Are we in a bear market?

CoinDesk placeholder image

Markets

Crypto Trader Tantra to Liquidate After 'GBTC Discount' Widens to Record

The Grayscale Bitcoin Trust (GBTC) has been trading at a steep discount since last February, but a further widening proved too much for one trading firm.

(moonjazz via Flickr)

Markets

Crypto Market Cap Falls Below $2T Amid Sell-Off

As bitcoin and ether breach $40,000 and $3,000 support levels, some altcoins are trading 60%-80% down from cycle highs.

McDonald's outlet in Hong Kong (
S3studio/Getty Images)

Markets

Cardano-Based Decentralized Exchange SundaeSwap Off to Rocky Start

Users have complained that they have not received their tokens after swapping Cardano's ADA tokens for SUNDAE.

The SundaeSwap DEX is launching in beta on Cardano later this week. (RitaE/Pixabay)

Finance

Crypto-Exposed Stocks Sink Amid Bitcoin’s Decline, Broader Market Rout

The stock declines come as the price of bitcoin has fallen almost 11% in the past 24 hours, trading below $40,000 for the first time in months.

(Getty Images)

Markets

Ether, Altcoins Tank, With Bitcoin as Decoupling Narrative Goes Up in Smoke

Centralized liquidity appears to be dictating the market value of cryptocurrencies promising decentralization.

Ether's price slide (CoinDesk)

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