Jocelyn Yang

Jocelyn Yang

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Markets

Market Wrap: Ether Falls Despite Merge Anticipation; Bitcoin Climbs as Investors Await Inflation Data

The second-largest cryptocurrency declined relative to bitcoin three days ahead of the scheduled Merge.

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

Markets

Terra’s LUNA Tumbles More Than 30%, Making U-Turn From Surge

The price action in LUNA and LUNC tokens looks more like that of meme tokens such as DOGE and SHIB.

Los nuevos tokens LUNA, de Terra, se desplomaron casi en el mismo momento de su lanzamiento. (NASA)

Markets

After Big Rally Past $21K, Bitcoin’s Price Momentum May Not Last

Bitcoin’s price gain was the biggest in six months, leading a broad-market rally in cryptocurrencies that pushed the industry’s market capitalization back over $1 trillion.

Bitcoin analysts are wondering how high the market can go. (Creative Commons, modified by CoinDesk)

Markets

Bitcoin's Correlation With Stocks Comes Back as Economic Factors Roil Markets

The largest cryptocurrency and stocks are almost trading in tandem again – as risky asset markets move in response to fresh developments in the economy and international affairs.

Crypto trading platform Talos announced three new hires to senior roles. (Nicholas Cappello/Unsplash)

Markets

Market Wrap: Bitcoin Notches Biggest Gain in 6 Months as Price Soars

Traders appear to be shrugging off interest rate fears as they wait for more inflation data next week

CoinDesk placeholder image

Markets

Market Wrap: Bitcoin Up Slightly Despite Fed Chairman's Hawkish Comments

BTC remains resilient despite the challenging macroeconomic conditions.

Bitcoin and ether traded slightly higher following Fed Chairman Jerome Powell’s latest comments on inflation and the economy. (Jesse Hamilton/CoinDesk)

Markets

Bitcoin Rebounds Above $19K

The largest cryptocurrency in market value was trading at $19,350, although analysts remain skeptical of a longer-lasting rally.

Bitcoin rallied to over $19,000 on Wednesday (CoinDesk)

Markets

Market Wrap: Bitcoin Inches Higher but Sluggish Volume Shows Reluctance to Invest

While BTC technical indicators are signaling traders to buy, Fed actions and the strength of the U.S. dollar suggest that traders should wait.

Trading volume for BTC was sluggish. (Jorge Coromina/Unsplash)

Markets

Bitcoin Dips Below $19K, Hitting Lowest Point in Two Months

The price fell to $18,680 on Tuesday, a point not seen since late June.

Bitcoin price chart shows a big drop on Tuesday. (CoinDesk)

Markets

Market Wrap: Bitcoin Takes Late Dive Below $19K, Ether Falls as Merge Countdown Begins

The largest cryptocurrency by market capitalization was down more than 4% over the past 24 hours.

Ether shows more price movement than bitcoin. (Towfiqu Barbhuiya/Unsplash)