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Markets

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)

Markets

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)

Markets

Fantom Surges in Latest Layer 1 Bet

The rise comes even as the broader crypto market declines.

ghosts, halloween

Markets

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)

Markets

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)

Markets

Polkadot Leads Altcoin Losses After Bitcoin Is Rejected at $52K

Markets saw a pullback on Tuesday after a relatively flat weekend.

Rejection. (Shutterstock)

Markets

Crypto Futures See $300M in Losses After Spot Market Drops

Nearly 80% of long positions were liquidated over 24 hours, with $90 million in losses on bitcoin futures alone.

faucet, drip

Markets

DeFi Traders Push Terra’s UST Stablecoin to $10B Market Cap

The coin has surpassed Binance Smart Chain in total value locked amid rapid DeFi growth.

Moon Lightning

Markets

Cardano, Polkadot Jump as Bitcoin Holds Above $50K

Major cryptocurrencies including bitcoin and ether regained price levels from Friday after seeing a slight dip over an otherwise quiet Christmas weekend.

Price chart for Cardano's ADA token over past month. (CoinDesk)

Markets

Cardano, Polkadot Advance as Crypto Market Rallies Ahead of Christmas

Thin liquidity leading to the holiday season led to a brief revival of most cryptocurrencies.

Tokens of Cardano surged Friday. (TradingView)