Trading


Markets

Polkadot, Solana Biggest Losers Among Top Cryptos

Tokens of top blockchain networks dropped as much as 14% after bitcoin lost its $46,500 support level.

plunge (shutterstock)

Markets

Bitcoin Falls Below $43K, Leads to $800M in Crypto Liquidations

Over 87% of losses arose from crypto traders in long positions.

Bitcoin broke below the $46,000 support level on Wednesday. (TradingView)

Markets

Bitcoin Falls to 1-Month Low as Fed Minutes Reveal Talks to Shrink Balance Sheet

A reduction in the balance sheet might undermine bitcoin’s appeal as an inflation hedge.

Bitcoin's hourly price chart showed steep drop in the hour after the Fed meetings were released. (TradingView)

Markets

Chainlink Jumps While Bitcoin Stages Recovery

LINK hit resistance levels while major cryptocurrencies held support levels ahead of publication of the Fed’s minutes on Wednesday.

Where does resistance exist for LINK? (TradingView)

Markets

Fantom (FTM) Surges, NEAR Sets Highs as Major Cryptos Stagnate

A revived interest in layer 1 bets is fueling growth in some tokens even as bitcoin shows signs of weakening.

(Raymond Boyd/Michael Ochs Archives/Getty Images)

Markets

Volatility Ruled Crypto Markets in 2021, From $69K Bitcoin to Elon Musk’s ‘Dogecoin to the Moooonn’

NFTs exploded, Coinbase stock went public, El Salvador bought the dip and China cracked down on bitcoin miners, while Solana’s SOL tokens and Polygon’s MATIC shot up by multiples of 90 or more. Here’s how crypto traders played it.

Tesla CEO Elon Musk (Getty Images, modified by CoinDesk)

Markets

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)

Markets

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)

Markets

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)

Markets

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)