Markets


Markets

Fed Likely to Raise Rates by 50 Basis Points in December; Bitcoin Jumps

Federal Reserve Chair Jerome Powell said that "it makes sense to moderate the pace of our rate hikes" as soon as December.

Federal Reserve Chair Jerome Powell (Helene Braun/CoinDesk)

Markets

Crypto Trader Auros Global Misses Payment on DeFi Loan as FTX Contagion Spreads

The company missed payment on a 2,400 wrapped ether loan worth $3 million from a M11 Credit pool on Maple Finance.

(Leon Neal/Getty Images)

Markets

First Mover Americas: Coinbase Wallet Ditches 4 Tokens

The latest price moves in crypto markets in context for Nov. 30, 2022.

(Unsplash)

Markets

Crypto Markets Today: Huobi’s HT Token Climbs After Exchange Discloses Airdrop

The company will send a digital token to users via Huobi Prime, its exclusive token offering platform.

ETH falls, but BTC climbs. (Thomas Höggren/Unsplash)

Markets

Huobi Token Surges After Crypto Exchange Discloses Airdrop of Dominica Coin

The deal is noteworthy partly because of its connections to crypto billionaire Justin Sun, founder of the Tron blockchain where the Caribbean island's new token will initially reside.

The Caribbean island of Dominica is issuing a new digital token that will be airdropped to users of the Huobi exchange.  (Dominica Ministry of Tourism)

Markets

First Mover Americas: BlockFi the Latest Chapter (11) in FTX Saga

The latest price moves in crypto markets in context for Nov. 29, 2022.

BlockFi aseguró una línea de crédito de $250 millones por parte de FTX. (Getty Images)

Markets

Crypto Markets Today: BlockFi Files for Bankruptcy Protection, MakerDAO Rejects $500M Proposal to Invest in Bonds and BTC Slides

Crypto prices dropped amid continued market contagion triggered by the FTX collapse earlier this month.

BTC and ETH prices continued to slide. (Karsten Winegeart/Unsplash)

Markets

Wrapped Bitcoin Trades at Discount Amid Market Contagion

WBTC’s discount dropped to as low as 1.5% as questions swirled over whether the token is fully backed. Custodian BitGo clarified that it is.

This chart shows that wrapped bitcoin has been trading at a discount after FTX's collapse. (Kaiko)

Markets

Buy the Dip, Sell the Bounce: Crypto Funds Have Biggest Outflows in 12 Weeks

Total asset under management (AUM) in digital-asset funds dropped to a new two-year low of $22.2 billion, according to CoinShares.

Crypto funds had the biggest week of outflows in three months. (CoinShares)

Markets

First Mover Americas: Bahamas on Defense After FTX's Collapse

The latest price moves in crypto markets in context for Nov. 28, 2022.

Bahamas' attorney general is on defense after FTX, whose headquarters are in the country, imploded. (Laurie Chamberlain/Getty Images)

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