Trading


Markets

Bitcoin Regains $28K; XRP Surges for a Second Day

Classifying XRP as a commodity could mean Ripple wins its case against the SEC, which some traders may consider bullish for the token.

BBitcoin faces headwinds (Pixabay)

Markets

Bitcoin Seesaws Around $27K as Investors Digest Binance-CFTC Lawsuit

The largest cryptocurrency by market capitalization has changed hands within a narrow range over the past 24 hours following the CFTC’s actionagainst Binance and CEO Changpeng Zhao.

Bitcoin price chart showed the cryptocurrency consolidated around $27,000 on Tuesday. (CoinDesk)

Markets

XRP Surges to Five-Month High as Some Point to Bitcoin Commodities Mention

The U.S. Securities and Exchange Commission (SEC) accuses XRP of being an unregistered security in a court case that’s expected to be completed soon.

(Jesse Hamilton/CoinDesk)

Markets

Bitcoin Sinks Below $27K After CFTC Files Suit Against Binance

BTC dropped to its lowest level since March 17 after the agency sued the crypto exchange for alleged regulatory violations. The Binance coin (BNB) price declined by 5%.

Bitcoin price chart showing the price drop on Monday. (CoinDesk)

Opinion

Bitcoin Was a Winner During the U.S. Banking Crisis, but Illiquidity Prevents It From Being a USD Hedge

While capital flowed into bitcoin amid a period of uncertainty, the cryptocurrency’s fractured liquidity arguably played the largest role in its surge.

(Getty Images)

Markets

Bitcoin Edges Below $28K as Investors Weigh Deutsche Bank Contagion Fears

But the largest cryptocurrency by market capitalization is still up about 16% in March. Ether dropped below $1,800.

(Jason Edwards/Getty Images)

Markets

Arbitrum Tokens Rack Up $2B in Trading Volume, Analysts Point to Growth Ahead

Integration into Arbitrum’s wider DeFi system could provide some new impetus for bullish sentiment for ARB tokens, one exchange executive said.

(Shutterstock)

Finance

Binance Suffers Two-Hour Spot Market Outage Due to Software Bug

Exchange CEO Changpeng "CZ" Zhao described the outage as "unlucky."

Binance Logo (Danny Nelson/CoinDesk)

Markets

Bitcoin Holds Steady Above $28K, Ether Rises in Post-Rate Hike Rally

Bitcoin jumped above $28,800 earlier Thursday before retreating. Ether rose above $1,850, its highest level since August.

Bitcoin, March 23, 2023 (CoinDesk)

Finance

Dreams of Rebooting FTX Face Cold Reality That Its Technology Wasn’t Well-Regarded

Woefully high latency, bugs in the API traders use to interface with FTX and coding mishaps plagued the exchange, according to several former clients who spoke to CoinDesk.

(Leon Neal/Getty Images)