Cryptocurrency Markets


Markets

Lido Dominates Booming Market for Ethereum 2.0 Staking Derivatives

The exchange allows users to earn staking rewards and still trade staked coins elsewhere.

There's no shortage of staking on Ethereum 2.0.

Markets

Solana’s SOL Token Nearly Tripled in August as Investors Bet on ‘Ethereum Killers’

Terra’s LUNA and Cardano’s ADA also surged as Ethereum’s scalability issues pushed investors to speculate on alternative DeFi base layers.

Among the CoinDesk 20 digital assets, Cardano's ADA token boasted the top performance in August, doubling in price. (CoinDesk)

Markets

Cardano’s ADA Token Surges as Fresh Buyers Jump In

The coming launch of smart contracts into the network is providing a boost, one research firm said.

Chart of addresses holding Cardano's ADA token for less than a month suggests fresh buying interest. (IntoTheBlock)

Markets

Bitcoin Rises Above $48K as Dollar Drops After Powell’s Dovish Comments

No news is good news for the bitcoin market as the Fed chairman avoids specifying a “tapering” time frame at virtual Jackson Hole symposium.

Bitcoin price chart over past week shows  jump on Friday after Fed Chair Jerome Powell's speech at Jackson Hole.

Markets

Bitcoin Mining Difficulty Rises, Extending Recovery After China Crackdown

The Bitcoin blockchain's mining difficulty increased by 13%, but industry experts say operators are still looking at fat profits ahead.

A technician monitors cryptocurrency mining rigs at a Bitfarms facility in Saint-Hyacinthe, Quebec.

Markets

Bearish Bitcoin Bets Might Signal Return of This Popular Trade

The data doesn't necessarily indicate that the traders are betting on price declines.

Crypto traders might be returning to a once-popular market bet as bitcoin's price recovers.

Markets

Bitcoin Trading Volume Stays Subdued as Price Recovers

The rally may not be sustainable, according to Arcane Research.

Chart shows a seven day average of real BTC spot trading volume.

Coindesk News

Introducing Crypto for Advisors, a Newsletter for Financial Planners

A new CoinDesk newsletter defining crypto, digital assets and the future of finance.

Crypto for Advisors Announcement Post

Markets

Cardano Nears All-Time High as Investors Await Smart Contracts

Expectations are rising for the blockchain to implement smart-contract functionality by next month.

Cardano founder Charles Hoskinson

Markets

Cardano Jumps on Signals Smart Contracts Coming Next Month

The plan to add smart contracts next month could defy skeptics who have bet that the functionality wouldn't come anytime soon.

Cardano founder Charles Hoskinson