Trading


Markets

Galaxy Executed Its First OTC Options Trade as Demand for On-Chain Options Ramps Up

In 2022, “DeFi performed exceedingly well while CeFi and some traditional methodologies for transacting had some challenges,” Jason Urban, Galaxy’s global head of trading, told CoinDesk TV.

(Unsplash, Kanchanara)

Markets

Absence of Retail Investors Could Stand in the Way of Pepecoin's Rise to Top Meme Coin: Santiment

A Santiment report said that pepecoin (PEPE) could face challenges amid a generally bleak trading environment.

(Danny Nelson/CoinDesk)

Finance

Crypto Perpetuals Exchange DYdX Considering the Launch of More SubDAOs

The conversation was initiated to promote more decentralization within the dYdX ecosystem ahead of its v4 upgrade.

(Getty Images)

Tech

Dogecoin's Daily Transaction Reached Lifetime Highs After ‘DRC-20’ Tokens Introduced

Transactional volumes on Dogecoin briefly surpassed Litecoin and Bitcoin earlier this week.

(Getty Images)

Markets

Bitcoin Slides Below $27K as Investors Eye Debt Ceiling Negotiations

Treasury Secretary Janet Yellen warned the U.S. could breach its debt limit by June 1, potentially setting off a recession in the event of default.

WASHINGTON, DC - OCTOBER 06: U.S. Treasury Secretary Janet Yellen (C) listens to President Joe Biden during a hybrid meeting with corporate chief executives and members of his cabinet to discuss the looming federal debt limit in the South Court Auditorium in the Eisenhower Executive Office Building on October 06, 2021 in Washington, DC. Each of the meeting participants spoke in dire terms about the negative national and global economic reaction to Congress failing to raise the limit and the U.S. defaulting on its debt. (Photo by Chip Somodevilla/Getty Images)

Tech

One Million Individual Wallets Now Hold a Whole Bitcoin

A major bump in such wallets came after the implosion of crypto exchange FTX between November and January.

Wallet lying on the ground (Getty Images)

Markets

Bitcoin Rebounds Above $27K as Investors Weigh Debt Ceiling Debate, Liquidity Concerns

Investors have been eyeing particularly low liquidity in crypto trading as market makers turn cautious.

(Mohan Murugesan/Unsplash)

Markets

Bitcoin Prices Slip to 2-Month Lows as CoinDesk’s Bitcoin Trend Indicator Turns Neutral From Bullish

Prices fell to $26,160 soon before press time, reaching the lowest since March 17.

Bitcoin's price (CoinDesk Indices)

Markets

Dogecoin-Like Spike in Milady NFTs After Elon Musk’s Tweet, But Will It Last?

Prices of the NFT collection have soared in the past two days.

Milady 8835 last sold for 0.35 ETH (about $1,000) on OpenSea. (Remilia, modified by CoinDesk)

Markets

Bitcoin Edges Below $27K as Latest Bank Crisis Fails to Trigger Price Increase

BTC has been trading largely below the psychologically important $30,000 mark since late April, as investors wrestle with recent bank sector debacles and other macroeconomic uncertainties.

Downgrade spiral staricase going down downwards (Unsplash)