Markets


Markets

Crypto Traders in Wait-and-See Mode in Countdown to Ethereum Merge

Ether was trading around the $1,500 level as the Merge approaches in less than 12 hours. Bitcoin was back below $20,000.

Crypto markets were choppy ahead of the Ethereum Merge. (Creative Commons, modified by CoinDesk)

Markets

A Full Percentage Point Rate Hike? Bitcoin Traders Size Up Fed’s Desperation on Inflation

Chances of a 100 basis point rate hike rose fast following Tuesday's CPI report.

Traders on the Chicago Mercantile Exchange started pricing in a 32% chance of a 100 basis point rate hike by the Federal Rate in September. (CME)

Markets

First Mover Americas: Ethereum Merge Spawns Watch Parties, But 'Jail Kwon' Token Gets More Hype

The latest price moves in crypto markets in context for Sept. 14, 2022.

Terraform Labs CEO Do Kwon (CoinDesk TV, modified)

Finance

Crypto Network Tron Set to Capitalize on DeFi Boom With Wintermute as Market Maker

Apart from supporting Tron’s decentralized finance ecosystem, Wintermute will provide liquidity for major TRX pairs across multiple crypto exchanges, improving its accessibility.

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Markets

Terra’s Luna, Luna Classic Tokens Plunge as South Korea Issues Arrest Warrant for Do Kwon

Terra-based decentralized finance products saw outflows of over $20 million Wednesday morning.

Terraform Labs CEO Do Kwon. (CoinDesk TV, modified)

Markets

Steep Drops in Bitcoin, Ether Cause Over $250M in Futures Losses

BTC fell 9% in the past 24 hours, the most among major cryptocurrencies, while ETH dropped 6%, CoinDesk data shows.

El mercado de futuros de bitcoin se inclina hacia la baja. (Unsplash)

Markets

Market Wrap: US Inflation Data Roils Markets, Bitcoin and Ether Fall

Investors expecting a more significant improvement in inflation data were disappointed and showed it by selling.

Inflation data disappoints investors, roiling the crypto markets. (Pedro Vilela/Getty Images)

Markets

4 Things Blockchain Analysts Are Saying About the Ethereum Merge

Investors are increasingly turning to futures markets over spot markets in order to readjust their exposure ahead of the Merge, researchers said.

The upcoming Merge comes with some risks, says DappRadar. (ryasick/Getty Images)

Finance

Wall Street Titans' New Crypto Exchange Aims to Seriously Cut Costs for Investors

EDX Markets, backed by major trading and investment firms like Schwab and Citadel Securities, will initially offer only a handful of cryptocurrencies such as bitcoin.

Bitcoin superó máximos de un mes, pero analistas advierten sobre la volatilidad. (Spencer Platt/Getty Images)

Markets

Path Forward for Crypto Gets Tougher After US CPI Report Comes in Hot

It's becoming a game of Whac-A-Mole for the Federal Reserve to keep consumer prices from shooting up. That might mean an aggressive-for-longer stance on monetary policy, ostensibly a negative driver of prices for risky assets from stocks to cryptocurrencies.

Prices for cereals and bakery products shot up 1.2% in August from July. (Creative Commons, modified by CoinDesk)

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