Trading


Markets

Tron Founder Justin Sun Unstakes $30M of Ether from Lido, Sends Tokens to Huobi

Crypto wallets linked to Sun still hold some $543 million in Lido’s stETH token, according to Arkham Intelligence data.

Justin Sun (CoinDeskTV)

Markets

Pepecoin Becomes Biggest Meme Coin Gainer With 70% Weekly Jump

The tokens racked up $800 million in trading volumes over the past 24 hours, data shows.

(Danny Nelson/CoinDesk)

Markets

Bitcoin's Price Bump to $30K Sees Short Traders Nurse Biggest Loss in 2 Months

“Bitcoin’s rally is part of a larger trend signaling a shift towards bitcoin as a distinctly strong and established store of value,” one investor said.

(Ajithkumar M/Pixabay)

Markets

Bitcoin Holdings in One Coinbase Custody Wallet Jumped by 2.5K After BlackRock ETF Filing

The wallet previously held over 5,000 bitcoin that were deposited May 19-20, the data show.

(Unsplash)

Opinion

Why Short Sellers May Have a Hard Time Betting Against Tether

Crypto’s most controversial financial instrument enjoys some notable insulation from skeptical bets.

Tether CTO Paolo Ardoino at Paris Blockchain Week on April 14, 2022. There are signs tether (USDT) has become an object of increased short-seller interest as a U.S. regulatory crackdown accelerates. (Bitfinex)

Finance

Crypto Robo-Adviser Hedgehog Launches as App With Gemini as Custodian

Parent company Hedgehog Technologies raised $1.6 million in August 2021 to build the platform.

Close-up photo of a hedgehog in a field or garden.

Markets

Bitcoin Price Spikes to $138K on Binance.US

The exchange’s market depth has declined nearly 80% over the past month on regulatory woes.

Bitcoin price wicked to $138,000 in early morning hours today. (TradingView)

Markets

Cardano, Ether Surge as Bitcoin-Led Rally Sees Short Traders Lose $125M

Crypto market capitalization rose 5% likely as sentiment rose on the back of two institutional bitcoin plays in the past week.

(Will Ess para Pixelmind.ai/CoinDesk)

Markets

Bitcoin’s Rally to $28K Spurred by Largest Short Squeeze This Month

The price surge liquidated some $36.6 million of short positions in the past 24 hours, the most this month, CoinGlass data shows.

Bitcoin daily chart. (CoinDesk)

Markets

GBTC Share Price Soars, Discount Narrows to Multi-Month Low on BlackRock ETF Filing Optimism

Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said.

Grayscale ad (Nikhilesh De/CoinDesk)