Trading


Markets

Bitcoin Holds Steady Above $23K as Traders Eye Fed’s Next Meeting

Bitcoin and ether have outperformed equities this year. The FOMC’s decision on interest rates looms large over markets.

Cryptocurrencies have stabilized for now, but analysts are mulling a further downside. (Unsplash)

Markets

Decentralized Exchange Vela’s DXP Token Surges Ahead of Beta Release on Arbitrum

The utility token has rallied 50% in the past 24 hours and more than doubled since Wednesday ahead of the release of its widely anticipated beta version next week.

Traders are betting Vela, which means sail in Spanish, can take a share of the growing decentralized exchange activity on Arbitrum. (Johannes Plenio/Unsplash)

Markets

Optimism’s OP Token Hits All-Time High as Layer 2 Adoption Interests Grow

The OP token has surged 140% this year, surpassing bitcoin and ether.

Bitcoin jumped to $23,500 Wednesday shortly after the release of the U.S. CPI for July. (Denny Luan/Unsplash)

Markets

DeFi Protocol Aave Clears Bad CRV Token Debt from Exploit Attempt

The maneuver comes ahead of the activation of a major tech upgrade of the protocol called Aave v3.

(MidJourney/CoinDesk)

Markets

Binance USD Stablecoin Sees $2B Reduction in a Month Amid Token Mismanagement

BUSD’s circulating supply fell to $15.4 billion on Wednesday, paring down $1 billion over the past week and $2 billion in a month, according to cryptocurrency price tracker CoinGecko.

Logo 3D de Binance impreso en dorado. (Rob Mitchell/CoinDesk)

Markets

Bitcoin's Upswing Is Reminiscent of 2019 Bull Revival

The action four years ago coincided with the Fed taking its foot off the tightening pedal. Bitcoin has rallied almost 40% in January, and the Fed plans slower rate increases in coming months.

(Cheyenne Ligon/CoinDesk)

Finance

Binance Introduces Function for API Users to Prevent Self-Trading

The service will be available to Binance's API users from Jan. 26. Users of the exchange's website and app will not be affected.

Sitio web de Binance. (Unsplash)

Markets

Cardano-Based Overcollateralized Stablecoin Djed to Launch Next Week

The stablecoin can be minted by ADA holders and is widely expected to be integrated to several Cardano dapps upon launch.

(eswaran arulkumar/Unsplash)

Markets

Dogecoin and Ether Lead Crypto Market Pullback as Bulls Take a Breather

Crypto market capitalization dropped 3.5% in the past 24 hours following a decline in U.S. equity markets.

Gráfico de precios de DOGE. (CoinDesk/Highcharts.com)

Markets

Bitcoin Jumps to $23K, Looks Bullish as Miner Sales Hit Three-Year Low

Buying pressure remains spot-driven, but prices are easily movable due to relatively lower liquidity, analysts at Bitfinex said.

Equipamiento para la minería de bitcoin. (Shutterstock)