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Latest from Muyao Shen
Latest 'Altcoin Season' Fueled by XRP, Tron, Stellar Pushes Crypto Market Value to $2T for First Time
The industry's latest leg up has been fueled by ether and other alternative currencies, with bitcoin's rally pausing this year.
Market Wrap: Bitcoin Stuck Below $60K; Cardano’s Sixfold 1Q Gains Led CoinDesk 20
$60K is a key psychological level that has also proven a formidable stopping point during this year’s powerful rally.
Market Wrap: Bitcoin, Ether Gain After Visa Deal as Stocks Struggle With Archegos Margin Call
The quick recovery to near $58,000 demonstrates stronger confidence from investors in the oldest and largest cryptocurrency.
Market Wrap: Bitcoin Steady Near $54K; RSI Indicator Warns of Limited Uptrend
After two days of sell-offs, bitcoin bulls finally returned.
Market Wrap: Bitcoin Slips to $52K; All Eyes on Friday’s $6B Options Expiry
“This is a time to make sure that you have some dry powder and are not overextended,” said one trader.
Bitcoin Traders Keep Buying the Dip, Blockchain Data Suggests
More bitcoin may be getting HODLed, blockchain data shows.
Market Wrap: 'Elon Candle' Effect Fades Quickly as Bitcoin Retreats Below $55K
Tesla got the market excited briefly, but bitcoin is still in consolidation mode.
Shanghai-Backed Conflux Blockchain Wants to Bring DeFi to China
The company told CoinDesk that even though ICOs and fiat-to-crypto trading are not allowed in China, crypto-to-crypto trading is not banned.
Market Wrap: Bitcoin Ranges Around $55K While Altcoin Theta Saw Price Spike
“The market is not as confident anymore,” say Arcane Research. “More traders are positioned short.”
Market Wrap: Bitcoin Near $56K, Struggles With Flat Activity on Exchanges
As of March 21, there were fewer than 2.44 million BTC available on exchanges, the lowest amount since August 2018.
