Markets | CoinDesk

Crypto Exchange WOO Network Closes $30M Series A

WOO Network is betting on deep liquidity to break into the crypto exchange landscape.

By Eliza GkritsiNov 9, 2021

The stablecoin market cap has grown to $137.7 billion from $20 billion a year ago.

By Will CannyNov 8, 2021

Previous episode of speculative frenzy in SHIB paved the way for a 90% price crash.

By Omkar GodboleNov 8, 2021

Total assets under management have also reached an all-time high of $80 billion.

By Helene BraunNov 8, 2021

The cryptocurrency may face some selling pressure around $70,000, one trader said.

Yet, bitcoin’s market dominance has been dropping as interest in altcoins soars; transaction fees on the Ethereum blockchain have been rising.

BTC’s price has been roughly flat over the past week, compared with a 4% rise in ETH and a 23% rise in Solana’s SOL token over the same period.

Downside appears limited into Asian trading hours.

“The motivation to buy SHIB is to earn good profit in a short time,” one investor told CoinDesk.

By Omkar GodboleNov 2, 2021

Upside momentum is improving with seasonal strength in the fourth quarter.

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