Trading


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Crypto Trader Tantra to Liquidate After 'GBTC Discount' Widens to Record

The Grayscale Bitcoin Trust (GBTC) has been trading at a steep discount since last February, but a further widening proved too much for one trading firm.

(moonjazz via Flickr)

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Cardano-Based Decentralized Exchange SundaeSwap Off to Rocky Start

Users have complained that they have not received their tokens after swapping Cardano's ADA tokens for SUNDAE.

The SundaeSwap DEX is launching in beta on Cardano later this week. (RitaE/Pixabay)

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Bitcoin Holding Support Above $40K; Faces Resistance at $43K-$45K

Buyers could remain active into the Asia trading day as momentum improves.

El gráfico de precios de cuatro horas de bitcoin muestra el soporte/resistencia y el RSI en la parte inferior (Damanick Dantes/CoinDesk, TradingView)

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Grayscale Bitcoin Trust Discount Hits Record at 26.5%

Analysts don't expect a spot bitcoin ETF conversion anytime soon, and in the meantime, investors in the GBTC fund are getting charged fees.

GBTC discount (Skew)

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Number of 'Active' Blockchain Games Doubled in Past Year to Almost 400

The prices of tokens for gaming projects like Axie Infinity have fallen recently, but user metrics in this subsector of cryptocurrencies are soaring.

(AxieInfinity.com)

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Digital Asset Funds Hit by 5th Week of Outflows

Investment funds focused on bitcoin accounted for $55 million of the $73 million of outflows last week.

Digital asset investment products saw outflows totaling a weekly record of $73 million, the fifth straight week of outflows. (CoinShares)

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Cardano Price Surges on SundaeSwap DEX Catalyst

The price is up to $1.55 in European morning hours on Monday from Sunday’s low of $1.28.

The SundaeSwap DEX is launching in beta on Cardano later this week. (RitaE/Pixabay)

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After Bitcoin’s Weak Start to the Year, Analysts Now Predict Price Increase

One analyst sees stubbornly high inflation numbers coupled with a continuation of negative real interest rates as key market catalysts.

Bitcoin dropped below $40,000 on Monday (CoinDesk)

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There's a Reason Bitcoin's Worth 500 Barrels of Oil: Bloomberg's McGlone

“Supply, demand, adoption and advancing technology point to the crypto continuing to outperform fossil fuel in the next 10 years," according to the commodities analyst.

(James St. John/Creative Commons)

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Solana Top Gainer Among Crypto Majors After BofA Endorsement, Rising NFT Activity

Prices of solana bumped as much as 8% in the past 24 hours.

Solana (Zack Seward/CoinDesk archives)