Markets


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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)

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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)

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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)

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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)

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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

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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)

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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)

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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)

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Tenedores a largo plazo de bitcoin mantienen posiciones pese a una fuerte caída desde noviembre

El descenso de $20.000 desde el máximo del mes pasado no ha disuadido a los poseedores de la mayor criptomoneda.

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

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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)

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