Cryptocurrency Markets


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Loopring Price Up 7-Fold This Month on GameStop Speculation, Metaverse Bets

The token has surged from below $1 to over $3 in the space of weeks.

There's suddenly a halo around Loopring in cryptocurrency markets. (Art Institute of Chicago, modified by CoinDesk)

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Bitcoin Retreats From All-Time High, Ether Follows

The shakeout appeared to coincide with a turn lower in U.S. stock markets.

Bitcoin and ethereum hourly chart (Trading View)

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As Crypto Bulls And Bears Abound, Who Should You Believe?

Many crypto critics and enthusiasts are focused on cryptocurrencies as investible asset classes. Yet the true staying power of digital assets is in the growth and potential of their underlying technology.

(ATU Images)

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Bitcoin Jumps to New All-Time High as Inflation Spikes to 6.2% in October

Bond traders are increasing their bets on faster inflation after the U.S. consumer price index jumped 6.2% in the 12 months through October, the highest rate in three decades. Still “transitory?”

Bitcoin's hourly price chart showing a rally to new record high after CPI release. (TradingView/CoinDesk)

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US Inflation’s 3-Decade-High Surge Provides Tailwind for Bitcoin

The Labor Department’s Consumer Price Index is closely tracked by bitcoin traders because the cryptocurrency is seen by some investors as a hedge against inflation.

Inflation worries are front and center from cryptocurrencies to traditional markets. (Art Institute of Chicago, modified by CoinDesk)

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Ethereum Alternatives and Gaming Tokens Outperform BTC and ETH

Solana’s SOL hit an all-time high of $246 on Wednesday and the token is up 5% in the last 24 hours. Polkadot (DOT) is up 7%.

The chart shows Ethereum alternatives such as Polkadot's DOT and Solana's SOL are outperforming bitcoin and ether. (TradingView)

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Meme Tokens Led ‘Uptober’ as SHIB Mooned 765%

Bitcoin, which jumped 40% in October, wasn’t the only dog in the hunt.

Credit: Pixabay

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Shiba Inu Jumps 70% to Surpass Market Value of Robinhood – Where It’s Not (Yet) Listed

The “dogecoin killer” now has a market value of more than $39 billion; HOOD’s market cap is at $29 billion.

A Shiba inu, the dog breed that inspired both DOGE and SHIB, is getting a ride in cryptocurrency markets. (Unsplash, modified by CoinDesk)

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Bitcoin Price Flash Crash on Binance.US Attributed to Trader Algorithm Bug

It all happened in a blip, and an exchange official says the institutional trading customer has since fixed the issue.

Bitcoin’s 1-minute price chart shows drop to $8,200 at 11:34 UTC. (TradingView/CoinDesk)

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Ether Awaits Price Breakout After Bitcoin’s Record Daily Close

Ether lags bitcoin as the latter nears a record high price.

Ether and bitcoin daily charts (TradingView)