Markets


Markets

Ethereum Miners’ $319M Crypto Hoard Hangs Over Market After Merge

Miners dumped over 16,000 ETH, worth more than $20 million, in the past week, on-chain data showed. The Ethereum miners still have about 245,000 ETH left – and no longer any business affiliation with the blockchain network.

(Midjourney/CoinDesk)

Markets

Market Wrap: Bitcoin Holds Over $19K, Continues Wild Ride

Both bitcoin and ether saw wide swings in price over the past day.

BTC prices reverse course after Tuesday’s sell-off (Unsplash)

Policy

Indonesia Has Global Plans for Local Crypto Tokens

The country sees the tokens as a way to boost its economy.

Yakarta toma un interés activo para regular el sector de las criptomonedas. (Getty Images)

Markets

As XRP Rallies, Some Traders Buy Year-End Bullish Bets in the Options Market

Investors are snapping up bullish bets in anticipation of a resolution of Ripple's legal tussle with the U.S. SEC.

XRP has rallied 28% this month, spurring bets on further gains toward year's end. (Pixabay)

Markets

Market Wrap: Cryptos Decline as FOMC Delivers Expected Rate Hike

Expect the price of bitcoin and other riskier assets to bob and weave on the waves of macroeconomic uncertainty.

 (Unsplash)

Finance

Crypto-Linked Stocks Rally After Fed Rate Hike

Cryptocurrency-exposed stocks rose along with bitcoin and ether following the Federal Reserve's announcement Wednesday to boost the interest rate 75 basis points.

Tech stocks rose following the Federal Reserve's decision to boost interest rates 75 basis points. (Getty Images)

Markets

Fed Hikes Rates to Highest Since 2007; Bitcoin Slides Toward $19K

This is the third consecutive time that members of the Federal Open Market Committee raised rates by 75 basis points, signaling how serious inflationary pressures have gotten in the U.S. The bitcoin market doesn't like it.

Bitcoin and ether traded slightly higher following Fed Chairman Jerome Powell’s latest comments on inflation and the economy. (Jesse Hamilton/CoinDesk)

Markets

First Mover Americas: Bitcoin Steady at $19K as Traders Wait for Fed's Decision

The latest price moves in crypto markets in context for Sept. 21, 2022.

Suspense ahead of Fed Chair Jerome Powell's speech Friday is growing among mainstream and crypto traders. (Scott Olson/Getty Images)

Markets

Decentralized Finance Protocol Coin98 Unveils Native Stablecoin CUSD

The move comes as DeFi platforms such as Curve and Aave race to craft their own stablecoins to attract users and boost growth.

Coin98 joins a growing roster of DeFi protocols crafting their own stablecoin. (Unsplash, modified by CoinDesk)

Markets

Market Wrap: Markets Wait for Fed to Officially Announce What It Has Signaled for Weeks

Absent a huge surprise, markets are expecting interest rates to increase by 75 basis points.

Markets are waiting for the Fed's interest rate decision Wednesday. (Hennie Stander/Unsplash)

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