Jocelyn Yang

Jocelyn Yang

Latest from Jocelyn Yang


Markets

Crypto's Ugly November Draws to Close With ‘Sam Coins’ in Gutter, Bitcoin Down 18%

The FTT token, along with Serum's SRM and Solana's SOL, plunged amid the dramatic collapse of Sam Bankman-Fried's FTX exchange. Bitcoin had its worst loss in five months.

(Getty Images)

Markets

Crypto Markets Today: Huobi’s HT Token Climbs After Exchange Discloses Airdrop

The company will send a digital token to users via Huobi Prime, its exclusive token offering platform.

ETH falls, but BTC climbs. (Thomas Höggren/Unsplash)

Markets

Crypto Markets Today: BlockFi Files for Bankruptcy Protection, MakerDAO Rejects $500M Proposal to Invest in Bonds and BTC Slides

Crypto prices dropped amid continued market contagion triggered by the FTX collapse earlier this month.

BTC and ETH prices continued to slide. (Karsten Winegeart/Unsplash)

Markets

Wrapped Bitcoin Trades at Discount Amid Market Contagion

WBTC’s discount dropped to as low as 1.5% as questions swirled over whether the token is fully backed. Custodian BitGo clarified that it is.

This chart shows that wrapped bitcoin has been trading at a discount after FTX's collapse. (Kaiko)

Markets

First Mover Asia: Bitcoin Stays Calm at $16.5K

Jocelyn Yang writes about the domino effect caused by the the downfall of FTX.

The FTX gloom continued, but bitcoin held steady above $16K. (Ian McGrory/Unsplash)

Markets

Market Wrap: Who Transferred 10K Bitcoin From Wallet Linked to the Failed BTC-e Exchange?

Bitcoin stayed above $16K after the Fed minutes were released and Genesis Global Capital confirmed hiring investment bank Moelis.

(Midjourney/CoinDesk)

Markets

FTX Contagion Revives Dreaded 2022 Crypto Knell – the ‘Withdrawal Halt’

The downfall of the FTX exchange has caused a domino effect: a growing list of crypto firms, such as BlockFi and Genesis, halting withdrawals. CoinDesk counted 16 of these announcements just this year.

(Nadine Shaabana/Unsplash)

Markets

Bitcoin Clings to $16K Ahead of Fed Minutes

Bitcoin was steady, around $16,300, as traders anticipated the release of the Federal Reserve meeting minutes later Wednesday.

Bitcoin's price chart shows a price jump ahead of the release of the Federal Reserve meeting minutes on Wednesday. (CoinDesk)

Markets

Market Wrap: FTX Was Sam Bankman-Fried’s 'Personal Fiefdom,' Lawyers Said

The CoinDesk Market Index, bitcoin and ether were all in the green.

AI Artwork SBM Sam Bankman-Fried (DALL-E/CoinDesk)

Markets

Bitcoin Regains $16K, But Analysts Are Still Bearish

The cryptocurrency has rebounded after it hit a two-year low in the past 24 hours, although one analyst said $12,500 is possible by year end.

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