Markets


Markets

FTX Contagion Spreads as Orthogonal Trading Gets Default Notice for $36M Debt on Maple Finance

Creditor M11 Credit issued a default notice to Orthogonal Trading for $36 million of loans, while Maple Finance severed all ties with Orthogonal for misrepresenting its financial position.

Crypto hedge fund Orthogonal Trading appears to be the next firm becoming insolvent after crypto exchange FTX's implosion. (Tom Wilson/Unsplash)

Markets

First Mover Americas: Axie Infinity's Token Takes Off

The latest price moves in crypto markets in context for Dec. 5, 2022.

AXS price chart (CoinDesk)

Markets

Bitcoin Lags as Unwinding of 'Fed Trade' Lifts US Stocks Above 200-Day Average

Bitcoin trades at a significant discount to its 200-day average as popular macro trades of 2002 unwind, leading to risk revival in traditional markets.

Bitcoin continúa cayendo mientras otros activos de riesgo suben. (Getty Images)

Markets

Crypto Markets Today: Galaxy Digital Expands Brokerage Services With GK8 Acquisition

The cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter 11 bankruptcy protection.

Galaxy Digital won an auction to buy self-custody platform GK8. (Jeremy Thomas/Unsplash)

Markets

Bitcoin Slips as US Economy Added a Strong 263K Jobs in November

The unemployment rate was unchanged at 3.7%.

Traders de bitcoin permanecen atentos a los informes de empleo de noviembre. (Mario Tama/Getty Images)

Markets

First Mover Americas: Bitcoin Stays Near $17K Ahead of Jobs Report

The latest price moves in crypto markets in context for Dec. 2, 2022.

The U.S. jobs report is due to be released early Friday. (Getty Images)

Markets

Dogecoin's Bitcoin-Beating Bounce May Be Bad News for the Market

In the past, outsized gains in DOGE have paved the way for a broader market sell-off.

(Christal Yuen/Unsplash)

Markets

Crypto Markets Today: CFTC Chair Proposes Pause to Overhaul Digital Commodities Consumer Protection Bill

Rostin Behnam made the suggestion as regulators and the crypto industry continue processing the implosion of crypto exchange giant FTX.

CFTC Chair Rostin Behnam speaks at DC Fintech Week. (Nikhilesh De/CoinDesk)

Markets

Crypto Market Analysis: Ether’s Recent Strength vs. Bitcoin Reaches Key Crossover Signal

The sample size of crossovers of 10- and 100-day moving averages for ETH and BTC is small but worth watching. A positive crossover is often a bullish sign.

The price of ether has risen 16% in the past week. (Getty Images)

Markets

November Jobs Report Due Friday as the Fed's Powell Confirms Slower Pace of Rate Hikes

The employment report for November is expected to show a sizable slowdown in hiring, but the labor market remains too tight, according to the central bank chair.

(Chalirmpoj Pimpisarn/Getty Images)

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