Markets


Markets

Market Wrap Year-End Review: Bitcoin Peaks as Coinbase Goes Public

Tesla’s bitcoin acceptance helped to send the BTC price to an all-time high near $65,000 in April, almost unthinkable just a few months earlier. Coinbase’s direct stock listing marked the exact date of the market top.

The peak of the bitcoin market in April 2021 perfectly coincided with the elevated hype surrounding the Coinbase direct stock listing. (William Henry Jackson/Art Institute of Chicago, modified by CoinDesk)

Markets

Floki Inu Deposits on Inverse Finance Break $44M Within Hours

Projects founded as meme coins don’t want to remain mere meme coins anymore.

https://www.shutterstock.com/image-photo/japanese-shiba-inu-dog-near-window-585435077

Markets

Shiba Inu Spikes as Whales Add to Existing Positions

A single wallet purchased nearly $134 million worth of shiba inu tokens, wallet trackers show.

A lot of shiba inus (Pixabay)

Markets

Terra’s LUNA Notches New Record High Above $90 Even as ‘Shorts’ Keep Piling

LUNA has rallied 58% this month, decoupling from the broader market.

Chart showing a surge in amount of dollars locked in LUNA perpetual futures (Laevitas)

Markets

Market Wrap Year-End Review: Musk Pumps Bitcoin and Dogecoin

Dogecoin pumped along with bitcoin thanks to some high profile tweets.

Image posted on Feb. 4, 2021, by Elon Musk's Twitter account. (@elonmusk/Twitter, modified by CoinDesk)

Markets

BitMEX Announces BMEX Tokens to Revive Retail Interest

The exchange enjoyed some of the biggest trading volumes until recent years but has since failed to keep with newer competitors.

(Shutterstock)

Markets

NFTs Are More Popular Than Ever Despite Sour Mood in Wider Crypto Market

Peak popularity does not imply an increase in actual buying pressure from retail investors.

(Bored Ape Yacht Club, modified by CoinDesk)

Markets

Terra Becomes Second-Largest DeFi Protocol, Surpassing Binance Smart Chain

Over $18 billion in value is locked on just 13 projects on Terra.

Daniel Shin y Do Kwon, cofundadores de Terra. (Terraform Labs)

Markets

Market Wrap Year-End Review: Bitcoin Starts Off in a Frenzy

In this first episode of Market Wrap’s review of crypto markets in 2021, we recall the powerful rally that ushered in the new year. Retail traders piled in, even as some institutional investors sounded warnings about rampant speculation.

Chicago Board of Trade traders, 1949 (Stanley Kubrick via Wikimedia Commons)

Markets

Ether Call Demand Signals Anticipation of Year-End Rally

Investors who buy calls are implicitly bullish on the market.

Positive ETH put-call skews indicate fears of a deeper price decline

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