Trading


Markets

Litecoin Plunges 6% to Fresh Monthly Lows on Halving Day

Historically, LTC has tended to peak ahead of its halving event, at which miner rewards are slashed by 50%.

LTC daily price (CoinDesk)

Finance

Decentralized Exchange THORSwap Introduces New Feature Aimed at Better Price Execution for Large Trades

Called Streaming Swaps, the feature is designed to improve capital efficiency for decentralized finance users who want to execute large trades.

THORSwap is a cross-chain decentralized exchange built on THORChain. (Manuel Salinas/Unsplash)

Markets

Bitcoin Has Been More Stable Than Gold and Stocks; Violent Price Action Could Ensue

Similar uneventful periods in the past preceded major eruptions in volatility for BTC’s price, noted a research firm.

BTC price 5-day volatility compared to gold, Nasdaq and S&P500 (K33 Research)

Markets

Trader Turns $500 to Million-Dollar Fortune With BALD Meme Coin on Coinbase’s Blockchain

A meme coin frenzy has ensued on Coinbase’s layer 2 blockchain even as the network is not officially live yet.

hand holding $20 bill in front of trees

Markets

Bitcoin Won’t Be Stuck Below $30K for Long, Crypto Options Traders Bet

BTC losing the significant price level after a month is likely just a short-term deviation based on derivatives trading data, SynFutures CEO said.

BTC monthly price (CoinDesk)

Tech

Early Unibot Investors Sit on 200x Gains as UNIBOT Bucks Bitcoin Lull

UNIBOT prices have soared to $200 with a market cap of $180 million.

(Ryan Quintal/Unsplash, Modified by CoinDesk)

Tech

Sui Foundation Bins MovEx After Violation of SUI Token Lockup Schedule

MovEx had violated the lockup by initiating three transactions of 625K SUI to three unique wallets, sparking concerns around these excess tokens in the open market.

Sui Foundation sacks MovEx after token unlock violation (Matt Smart/Unsplash)

Markets

Dogecoin Bumps 10% on X Payments Speculation, DOGE Futures Traders Lose $10M

Crypto traders are buying up DOGE in hopes of the token playing a larger role on Twitter, which rebranded as “everything app” X on Monday.

Dogecoin Foundation Returns With Ethereum’s Vitalik Buterin as Adviser

Markets

Dogecoin Rises After Twitter Rebranding, Bitcoin Slides to $29K

One analyst pointed out the $27,000 level could be a short-term target for bitcoin amid the lack of positive news.

Twitter and Doge Icons (Twitter)

Markets

Bitcoin Dawdles Below $30K as Investors Eye Coming Fed Rate Decision, BTC Options Expiry

Next week’s U.S. central bank interest rate decision and the bitcoin options expiry are unlikely to move markets, which have been stuck for weeks.

BTC daily price (CoinDesk)