Markets


Markets

India's Crypto Tax May Curb Excessive Speculation, Bring Institutional Demand

The proposed tax structure is less of a concern for long-term holders than short-term traders, one SHIB holder said.

CoinDesk placeholder image

Markets

Bitcoin Capped Below $40K Resistance; Support at $35K

Buyers have consistently lost ground to sellers.

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

Markets

Crypto Options Trading Volume Surged in January as Prices Fell

The drop in prices kicked off certain trading strategies.

Chart from Deribit shows monthly options-trading volumes for ether. (Deribit)

Markets

Bitcoin cae por debajo de línea de tendencia bajista, con soporte en $35.500

Las lecturas del gráfico diario y el de cuatro horas del índice de fuerza relativa indican el fin del rebote correctivo.

Gráficos diarios y de cuatro horas de bitcoin basados en los precios de Coinbase (TradingView)

Markets

Bitcoin Turns Lower From Bearish Trendline, Support at $35.5K

Sellers look to regain control after bulls' failure to break through technical resistance.

Gráficos diarios y de cuatro horas de bitcoin basados en los precios de Coinbase (TradingView)

Markets

ECB, BOE Have Scant Leeway to Influence Bitcoin

While all macro decisions matter, the Fed is the most important as it drives the global policy, one observer said.

The ECB building (Source: Pixabay)

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)

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