Markets


Markets

Market Wrap: Bitcoin Dull as Drama (Not the Kind You Want) Comes to Axie

Bitcoin trades flat around $19K (with the lowest volatility in two years), while Axie tumbles amid news of token unlocking. PLUS: Analyst Glenn Williams Jr. urges caution when interpreting bitcoin’s MVRV Z-score.

(AxieInfinity.com)

Markets

Bitcoin Undervalued by On-Chain Metric, Might Remain That Way: Technical Take

Bitcoin is trading at a historic discount, while battling macro hurdles, CoinDesk Markets analyst Glenn Williams Jr. writes.

Bitcoin faces macro hurdles. (Josh Boak/Unsplash)

Markets

Bitcoin Flat as Volatility Hits 2-Year Low and Stocks Rise

Bitcoin’s 30-day price volatility dropped to the lowest in almost two years, data shows.

In the final hours before the Merge, BTC and ETH traded flat. (Kenan Reed/Unsplash)

Markets

Crypto Gaming Token AXS Under Pressure as $215M Unlock Looms for Axie

Some 10 million of Axie’s AXS tokens owned by insiders and early investors will be unlocked soon, creating selling pressure. AXS price has dropped following prior unlocking.

Axies from the play-to-earn game Axie Infinity.

Markets

Investors’ Time Horizons Will Determine Their Bitcoin Positions

The most recent Commitment of Traders report, released each Tuesday by the Commodity Futures Trading Commission, shows that reportable positions for asset managers are now 80% long and 20% short bitcoin futures.

(Sikranta H. U./Unsplash)

Markets

With Bitcoin and Stocks Flat, Rally in DeFi Tokens Gets Notice

While top crypto assets like bitcoin and ether and traditional markets stay flat on Wednesday, DeFi assets shine.

El gráfico de información de precios muestra que el token UNI del exchange Uniswap tuvo un salto en su precio el miércoles y logró superar a los principales activos cripto, como bitcoin y ether. (CoinDesk)

Markets

First Mover Americas: Bitcoin, Ether Slip as UK Inflation Hits 40-Year High

The latest price moves in crypto markets in context for Oct. 19, 2022.

(Rodrigo Santos/Unsplash)

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