Markets


Markets

Market Wrap Year-End Review: Bitcoin ETF Rally Proved Short-Lived, and $100K Dreams Faded

In October, the long-awaited U.S. bitcoin ETF approval sent BTC’s price toward an all-time high of almost $69,000. But extreme leverage preceded a sell-off back down to $47,100 by the end of the year.

(Jared Schwitzke/Unsplash)

Markets

NFT Project Bored Ape Yacht Club Spawns ‘Left-Facing’ Copycats

The parody projects expose the absurdity of NFT communities and intellectual property concerns surrounding digital images.

(Yuga Labs, modified by CoinDesk)

Markets

Algorand Surges as Foundation Incentivizes DeFi Activity on Algofi

The announcement of liquidity rewards for a product built on Algorand put ALGO tokens among the few gainers on Thursday.

ALGO tokens were among the few climbers on Thursday. (Shutterstock)

Markets

Cardano, Avalanche Lead Crypto Decline in Volatile Trading Session

Altcoins posted a mixed performance as the crypto market declined ahead of a major options expiry for bitcoin on Friday.

The crypto market has been sliding this week. (Pezibear/Pixabay)

Markets

Bitcoin Investors Protect Against Even Lower Prices Ahead of New Year

Investors are buying options against falling prices ahead of a major expiry.

(Getty Images

Markets

Market Wrap Year-End Review: El Salvador Adopted Bitcoin, Then Bought the Dip

The country’s adoption of BTC as legal tender wasn’t enough to keep the cryptocurrency near $50K in September.

El Salvador (Esaú González, Unsplash)

Markets

Thetan Arena Battles Axie Infinity in ‘Play-to-Earn’

The games are completely different, but Thetan Arena is joining Axie Infinity in the hunt for crypto-friendly players when there are still scant offerings in the “play-to-earn” space.

Image pulled from Thetan Arena's website. (Thetan Arena, modified by CoinDesk)

Markets

Market Wrap Year-End Review: Altcoins, NFTs Filled Void When Bitcoin Got Boring

In mid-2021, crypto traders turned their attention to “Ethereum killers” and ridiculous-seeming NFTs that fetched hundreds of thousands of dollars.

Artist's rendition of a Bored Ape NFT. (Adam Levine/CoinDesk)

Markets

Bitcoin Long-Term Holders Stay Strong Despite $20K Drop From Last Month’s High

Falling prices have done little to deter holders of the world’s largest cryptocurrency.

Poseedores de bitcoin a largo plazo se mantienen firmes pese a que el precio ha retrocedido este mes. (Pixabay, modificado por CoinDesk)

Markets

Polkadot Leads Altcoin Losses After Bitcoin Is Rejected at $52K

Markets saw a pullback on Tuesday after a relatively flat weekend.

Rejection. (Shutterstock)

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