Markets


Markets

Bitcoin Back Over $40K as More Countries Embrace Crypto

Fresh signs emerged of accumulation by investors and greater adoption by nations from Africa to Central and South America.

Bitcoin was up 3.2% in the past 24 hours, changing hands at $40,206. (CoinDesk)

Markets

Bitcoin Holding Support; Resistance at $43K

The current price action is similar to what occurred in 2018-2019.

El gráfico diario de bitcoin muestra el soporte/resistencia, con el RSI en la parte inferior (Damanick Dantes/CoinDesk, TradingView)

Markets

US Economy Shrinks Unexpectedly, Amplifying Recession Fears

Headline GDP shrank 1.4%, data by the Bureau of Economic Analysis showed Thursday. Analysts were expecting a 1% increase.

Real GDP percentage change from preceding quarter (U.S. Bureau of Economic Analysis)

Finance

First Mover Americas: Bitcoin Draws Premium in Yen Markets, FX Volatility Spikes

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

10,000 Japanese yen notes (Kiyoshi Hijiki/Getty images)

Markets

Dogecoin Whale Transactions Reach 3 1/2-Month High

Elon Musk's acquisition of Twitter may have galvanized holders of large amounts of dogecoin into activity.

Dogecoin sees renewed whale activity. (IntoTheBlock)

Markets

Market Wrap: Bitcoin Stabilizes as Bearish Sentiment Pauses

The relief bounce in stocks and cryptos could be short-lived as recession risks linger.

Sell-off stabilizes (Shutterstock)

Markets

Bitcoin Recovers to $39K as Stocks Rebound

The largest cryptocurrency's correlation with tech stocks has strengthened.

As of press time the largest cryptocurrency was up 1.8% in the past 24 hours, trading at $38,989.

Markets

Bitcoin Bounces From $37K Support; Resistance at $40K-$43K

BTC remains in a tight trading range with a loss of upside momentum.

Bitcoin four-hour chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Markets

LUNA Supply Drops to All-Time Low – But Don’t Call It Deflationary

To keep up with the demand for Terra’s UST stablecoin, LUNA tokens are burned to maintain the $1 peg. All things being equal, less supply could help to support the price.

(Unsplash, modified by CoinDesk)

Finance

First Mover Americas: When $1M Bitcoin?

The latest moves in crypto markets in context for April 27, 2022.

(Thibault Renard/Getty Images)

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