Altcoins


Mercati

Market Wrap: Crypto Markets Trade Higher as Fed Raises Rates by Expected Amount

Investors had already largely priced in the U.S. central bank’s 75-basis point hike.

CoinDesk placeholder image

Mercati

First Mover Asia: Binance Deserves Some Criticisms, but It’s Not a ‘Ponzi Scheme’; Bitcoin Tumbles

Binance CEO Changpeng Zhao has a reasonable point in his lawsuit claiming defamation from a translated Chinese language article title; ether falls.

Changpeng Zhao, CEO de Binance. (Archivo de CoinDesk)

Mercati

Market Wrap: Bitcoin Declines Further as Momentum Wanes

BTC is approaching support at about $20.5K; the options market implies concerns of additional price declines.

BTC dropped 6% Tuesday. (CoinDesk Research and Highcharts.com)

Mercati

Investors Waiting for Safe Token Can Buy Gnosis Tokens for Now

Safe is planning to release a token, but the timeline isn't set.

Gnosis Safe (Creative Commons)

Mercati

First Mover Asia: Is DEX Efficiency a Long-Term Threat to Coinbase; Bitcoin Sinks Below $22K

Coinbase’s revenue dwarfs that of the decentralized exchange Uniswap but the two companies are generating roughly the same trading volume; ether plunges.

(Unsplash)

Mercati

Market Wrap: Bitcoin Starts the Week in Negative Territory

Bitcoin declines on lower than average volume, offering lower prices but little conviction.

Bitcoin declined 4.3% on Monday. (CoinDesk and Highcharts.com)

Mercati

First Mover Asia: BTC Falls Below $22.4K; Coinbase Shares Remain Alluring for Institutional Investors

Cathie Wood’s Ark Invest, ETF issuer Exchange Traded Concepts, Cullinan Associates and Utah-based Refined Wealth Management all significantly added COIN to their portfolios as per June 30 filings.

(Leon Neal/Getty Images)

Mercati

Market Wrap: Bitcoin Finishes the Week in Positive Territory Again

Bitcoin finishes strong, sees correlations with traditional markets narrow to prior levels.

The largest cryptocurrency by market capitalization is up 14% over the past seven trading days. (CoinDesk and Highcharts.com)

Mercati

First Mover Asia: Does Tesla Really Believe in Bitcoin?; Altcoins Rise in Thursday Trading

The electric car maker became a proxy for investors looking to take a position in the cryptocurrency without buying it directly, but its recent jettisoning of $936 million of BTC suggests the company wasn’t all that committed to the asset.

Tesla sold over $900 million in bitcoin during its second quarter. (Blomst/Pixabay)

Mercati

Market Wrap: Bitcoin Stalls at $23K but Sits Above Cost for Average Investor’s Purchase Price

Bitcoin investors are back in positive territory, although trading ranges have narrowed.

Bitcoin declined 2.9% after an 11% increase over the previous seven trading days. (CoinDesk and Highcharts.com)