Trading


Tech

Arbitrum Users Can Now Trade Bitcoin Mining Power With Each Other

Bitcoin miners have the ability to easily buy and sell hashing power to interested purchasers. The trades will be routed through smart contracts and will specify hashrate amount, duration and price.

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Markets

Optimism Slumps Most Among Crypto Majors Ahead of $30M Token Unlock

The event will release 3% of the OP token’s circulating supply to investors and contributors.

Token unlocks are usually bearish events, increasing a token's supply.(FLY:D/Unsplash)

Markets

MicroStrategy Bought 5,445 Bitcoin for $150M Since August

The software ompany now holds nearly $4.68 billion worth of the largest cryptocurrency by market capitalization.

MicroStrategy CEO Michael Saylor (MicroStrategy via Flickr)

Markets

Crypto Traders Lean Bearish as Bitcoin Hovers Above $26K; DOGE, XRP Dip Most Among Majors

While bitcoin is currently in a consolidation period, an analysis of past cycles suggests that gains can be expected after 2024’s halving event, one data firm said.

(PIX1861/Pixabay)

Markets

Bitcoin and S&P 500 Eye Quarterly Loss as Bonds Look Most Attractive Since 2009

Relative attractiveness of bonds means less incentive to invest in bitcoin. The leading cryptocurrency is considered a zero-yielding risk asset, by some observers.

Balance (Roman Kraft/Unsplash)

Tech

Shiba Inu Developers Floated a Dummy Token and Now Activist Traders Are Making It a Real Thing

A token meant for testing purposes wasn’t intended to be traded, yet some traders have pounced on the supposed opportunity.

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

Markets

Japanese Exchange GMO to Offer XRP Users Yen for Delayed Songbird Airdrop

The handouts are part of a token airdrop whose snapshot took place in 2020.

(Shutterstock)

Markets

BNB, XRP Lead Slide in Crypto Majors as Mt. Gox's Repayment Delay Fails to Bouy Bitcoin Prices

“We still believe that the chances of further declines are higher for now,” one analyst said.

(PIX1861/Pixabay)

Markets

Bitcoin’s 87% Drop in 2021 Was Caused by Sam Bankman-Fried's Alameda, Ex-Employee Claims

An ex-Alameda employee claims a trader at the firm punched in a wrong decimal which led to bitcoin's 87% drop on Binance.US in 2021.

El fundador de FTX, Sam Bankman-Fried, vuelve a comparecer ante el tribunal en las Bahamas. (Joe Raedle/Getty Images)

Tech

Arbitrum Blockchain Traders Can Now Protect Against 'Impermanent Loss'

GammaSwap developers say it is the first application to allow Arbitrum users to hedge against supplied liquidity by letting them go short on those positions.

(Danny Nelson/CoinDesk)