Trading


Markets

Why Did Bitcoin Surge So Much Against the Ruble?

Oligarchs dodging sanctions? Doubtful. Regular Russians trying to preserve their wealth? Maybe. There’s also a third, less exciting possibility.

(Andrey Rudakov/Bloomberg via Getty Images)

Markets

Bitcoin Extends Pullback Toward $37K-$40K Support Zone

BTC is in a wide trading range with strong overhead resistance. Technical indicators are mostly neutral.

Bitcoin weekly chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Markets

US Jobs Up 678K in February, More Than Expected, Adding to Price Pressures

Bitcoin traders were monitoring the report since the Federal Reserve's efforts to slow inflation appear to be putting downward pressure on the cryptocurrency's prices.

U.S. unemployment rate. (Labor Department)

Finance

First Mover Americas: Number of Bitcoin Held by Funds Hits Record High

The latest moves in crypto markets in context for March 4, 2022.

(CoinDesk archive)

Markets

Bitcoin Slips Under $42K While Active Supply Reaches Yearly High

The cryptocurrency is approaching $41,000, although one analyst says geopolitical tensions could fuel a run to over $50,000.

Bitcoin fell from resistance earlier this week but saw support at the $41,000 level. (TradingView)

Markets

Bitcoin Takes a Breather; Support at $37K-$40K

Intraday charts show downside exhaustion, which could encourage short-term buying.

Bitcoin's daily chart shows support/resistance levels. (Damanick Dantes/CoinDesk, TradingView)

Finance

First Mover Americas: Fed Hikes Could Drive Bitcoin Adoption in Emerging Markets

The latest moves in crypto markets in context for March 3, 2022.

Fed Chair Jerome Powell (House Financial Services Committee/YouTube)

Tech

Stolen ‘Smol Brains’ NFTs Returned to Users Hours After Treasure Exploit

Prices of Treasure’s native MAGIC token recovered after falling some 40% in early Asian hours following positive developments.

poly network attacker exploit hacker

Markets

Bitcoin HODLers Unfazed by Macro and Geopolitical Risks

These three charts show investors are holding onto their cryptocurrency for future profits rather than selling.

It's the "strong hands" who are dominating. (Metropolitan Museum of Art, modified by CoinDesk)