Trading


Markets

Unibot Boosts Token Value With Solana Ecosystem Draw

UNIBOT holders are set to receive some 80% of the supply of Solana-based UNISOL through a snapshot and claim mechanism.

(Alexander Grey/Unsplash)

Markets

Bitcoin Under $39K as ETF Debut Continues to Be a ‘Sell-the-News’ Event

BTC was down nearly 5% in the past 24 hours, reaching its lowest level in two months. The CoinDesk 20, a liquid index of the highest tokens by market capitalization, fell 7%.

Downgrade spiral staricase going down downwards (Unsplash)

Markets

Solana, Avalanche Tokens Slide as Bitcoin Traders Target Eye Support at $38K

Over half of the profits accumulated by short-term bitcoin holders have been wiped out, Bitfinex analysts said in a Tuesday note.

(Pezibear/Pixabay)

Markets

Solana, Cardano Lead Crypto Market Lower as Traders Grapple With Bitcoin Headwinds

CoinDesk 20, a liquid index of the highest traded tokens, slumped 2.86% in the past 24 hours.

Bull and Bear (nosheep/Pixabay)

Markets

Dogecoin, Floki Bullish Bets Rise on X Payments Speculation

DOGE has the tendency to surge on payments-related developments at any Elon Musk-owned companies, such as X or Tesla. Floki, named after Musk’s dog, moves as a beta bet among midcap traders.

A Shiba inu, the dog breed that inspired both DOGE and SHIB, is getting a ride in cryptocurrency markets. (Unsplash, modified by CoinDesk)

Markets

Crypto Bulls Lose $217M Amid Concern About Grayscale Outflows

Bloomberg's Eric Balchunas pointed out that GBTC shares flipped to a 0.9% discount versus net asset value amid "likely due to selling pressure."

A bear looking at the trees. (Olen Gandy, Unsplash)

Markets

Bitcoin Downside Risks Remain Despite Early Success of Spot ETFs, Observers Say

Several on-chain metrics and indicators still suggest the price correction may not be over or at least that a new rally is still not on the cards, one firm said.

Risk (Gino Crescoli/Pixabay)

Markets

Arthur Hayes Believes Bitcoin ETFs Could Bring in Billions From TradFi

ETFs could open up a line of trading avenues centred around arbitrage, options and financing, Hayes said.

Arthur Hayes (CoinDesk)

Markets

Bitcoin ETF Approval Is Historic Moment for BTC, Miners: Analysts

Mining stocks represent an attractive opportunity for investors looking to gain access to the long-term bitcoin adoption trade, the analysts wrote.

Bitmain Antminer S19 Hydro mining rigs, the company's latest technology, installed at a Merkle Standard facility in Washington state. (Eliza Gkritsi/CoinDesk)

Markets

Fake Bitcoin ETF Approval Tweet Causes $90M in Liquidations

Those tweets caused bitcoin prices to immediately spike to $47,680 from the $46,800 level. It then fell as low as $45,400 as the tweets were found to be fake.

SEC headquarters (Nikhilesh De/CoinDesk)