Trading


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Traders Bet on GMX Tokens as Proxy for Ethereum Layer 2 Tool Arbitrum

The tokens have almost doubled in price during the past two weeks during a mostly flat market.

GMX tokens are serving as a proxy bet for Arbitrum investors. (Jason Briscoe/Unsplash)

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First Mover Asia: Ethereum's Merge Starts to Hit Gaming Chip Prices

Prices for graphics processing units for personal computers are tumbling ahead of the Ethereum blockchain's upcoming shift, which is already reducing demand for chips from cryptocurrency miners.

GPU prices have taken a toll, and it's hitting Nvidia's bottom line. (FritzchensFritz/Creative Commons, modified by CoinDesk)

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First Mover Americas: Bitcoin Languishes Below $20K as Energy Crisis in Europe Worsens

The latest price moves in crypto markets in context for Sept. 5, 2022.

Bitcoin's future direction looks cloudy. (David Lucas via Metropolitan Museum of Art, modified by CoinDesk)

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Bitcoin in Accumulation Phase Despite Macro Headwinds, On-Chain Data Indicate

The data suggest the long-term growth outlook for the oldest cryptocurrency remains bullish, analysts said.

Zipmex is to release tokens to users' wallets in the next week after blocking customers from direct custody of their coins last month. (Jose Miguel/Pixabay)

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Derivative Volumes of Ether Surpass Bitcoin Ahead of Merge; Here's Why

Traders are increasingly deploying two strategies that utilize futures ahead of the Ethereum Merge, leading to a surge in ether futures volumes.

Crypto trading platform Talos announced three new hires to senior roles. (Nicholas Cappello/Unsplash)

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Bitcoin Traders’ Outlook Is So Bleak That Some Analysts See a Buying Opportunity

Several BTC metrics are hovering at historic lows and crypto traders’ sentiment is overwhelmingly bleak. Some analysts argue that it’s time to make short-term contrarian bets.

(olaser/Getty Images)

Технології

DeFi Platform Synthetix's Founder Proposes Capping Token Supply at 300M; Here’s Why

The inflationary model helped bootstrap the Synthetix ecosystem and was no longer needed, founder Kain Warwick explained.

The founder of popular decentralized finance (DeFi) platform Synthetix has proposed capping the supply of the native SNX tokens to 300 million. (Vicky Sim/Unsplash)

Фінанси

Thai Energy Billionaire Turns to Crypto to Boost Growth: Report

While crypto market cap has tumbled from November's high, the market is “still sound” and has “high potential” for growth, Gulf Energy CEO Sarath Ratanavadi said.

Thailand’s second-richest person plans to double down on crypto-related investments in the coming months. (Mathew Schwartz/Unsplash)

Фінанси

Cboe Digital Names Jump Crypto, Robinhood and DRW Among Expected Equity Partners

The new digital entity will operate the existing spot, derivative and clearing platforms of ErisX, which Cboe recently acquired.

The CBOE (Getty Images)

Технології

Decentralized Exchange THORSwap to Support Cross-Chain Swaps for Over 4,300 Ethereum-Based Tokens

Starting Thursday, users are able to swap supported ERC-20 tokens across eight blockchains in a single transaction.

THORSwap has extended its product offering. (Akinori UEMURA/Unsplash)