Markets


Markets

Long-Term Buyers Unfazed by Bitcoin's Recent Drop to $33K

A metric tracking long-term holders suggests investors have continued to accumulate the asset despite a falling price.

Balance on exchanges declined in recent months. (Glassnode)

Markets

Solana's SOL Tumbles 10% After $326M Wormhole Exploit

The crypto fell 10% in the past 24 hours, trading at $98 during Asian afternoon hours.

SOL briefly fell below resistance. (TradingView)

Markets

Zcash Extends Rally Into Asian Trading Day

ZEC posted gains of 6% during Asian business hours, lifting its gain this week to 12%.

(z.cash, modified by CoinDesk)

Tech

Cardano Developers Propose Block Size Increase

The proposal will increase Cardano’s block size to 80 KB from the current 72 KB in line with a broader plan for increasing network capacity.

(Tiffany Hagler-Geard/Bloomberg via Getty Images)

Markets

SOL Surges 17% After Coinbase Lists Two Solana Ecosystem Tokens

The crypto exchange listed the tokens of two major projects building on the Solana network for the first time.

SOL broke above the $100 level on Monday night. (TradingView)

Markets

Bitcoin Steady Near $38.5K as Australian Central Bank Ends Easing Program

The RBA announced an end of bond purchases, but signaled it is in no hurry to raise interest rates.

Bitcoin held on to overnight gains as Australia's central bank scrapped its QE program. (Source: CoinDesk, Highcharts.com)

Markets

Ethereum Suffers Worst Month in Nearly 2 Years, SOL Falls Even Harder

Most major altcoins have sunk more than bitcoin, with all members of the CoinDesk 20 digital assets deeply in the red in January.

January has not been kind to crypto markets. (Unsplash, modified by CoinDesk)

Finance

Shopify CEO Joins Coinbase Board of Directors

Tobias Lütke scaled Shopify from a niche online marketplace to a global e-commerce giant.

Coinbase share were rallying Friday. (Photo illustration by Leon Neal/Getty Images)

Markets

Bitcoin's Put-Call Ratio Hits 6-Month High as Negativity Rules

The ratio suggests demand for puts is high, one observer said.

Bitcoin's put-call ratio signals increased demand for downside protection. (Skew)

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