Trading


Markets

Bitcoin Hits One-Month High Ahead of US Inflation Data

Bitcoin's dominance rate rose above 41% alongside the price rally, signaling de-risking in the crypto market.

(CoinDesk, Highcharts.com)

Markets

Cumberland Favors Bitcoin Option Trades to Profit From US CPI

Sell bitcoin June expiry calls and hedge the same with short-dated December expiry options, Cumberland said.

Cumberland favors bitcoin options strategy to profit from post-CPI price action. (Krzysztof Hepner/Unsplash)

Finance

SynFutures Says New v2 Upgrade Adds ‘Permissionless Listing’ of Futures

The upgrade includes permissionless trading and improved user protections amid to widens accessibility of DeFi among retail investors, according to Singapore-based SynFutures.

(Getty Images)

Finance

Chainlink Whale ‘Oldwhite’ Used More Than 150 Wallets to Avoid Staking Limits

The crypto wallet labeled “Oldwhite” on OpenSea is connected to over 1 million staked LINK tokens, blockchain data shows, even though Chainlink officials tried to get "greater inclusion" from a broad base of participants by limiting each wallet to 7,000 LINK tokens.

(Augustus Burnham Shute/Wikipedia, modified by CoinDesk)

Learn

What Is dYdX? Understanding the Decentralized Crypto Exchange

The DEX was designed specifically for perpetual swaps and works differently than other DEXs such as Uniswap.

(DALL-E/CoinDesk)

Markets

AI-Related Tokens Surge as Maple, Ren Fall: CoinDesk Market Index Week in Review

AI platform Fetch.ai’s native token FET surged 80% in the past five days, according to data from CoinDesk Market Index.

The week-to-date leader chart among assets in the CoinDesk Market Index Ex Stablecoins shows the FET token surged 80% this week. (CoinDesk Indices)

Finance

Hedge Fund Presidio Trading to Spin Out Crypto Market Tail Risk Strategy

The tail risk investment strategy returned 560% in June as crypto markets slumped.

(David Mark/Pixabay)

Finance

Crypto Exchange Binance.US Eliminates Trading Fees for Ether

The exchange will also offer additional trading fee discounts to customers who pay their trading fees with BNB tokens.

Las especulaciones recientes sobre el estado de Binance, el exchange de criptomonedas más importante del mundo, también golpearon la participación de mercado de su stablecoin. (Danny Nelson/CoinDesk)

Finance

Attacker Targets Wealthy Crypto Funds Using Telegram Chats

Exchange owners cautioned against downloads of malicious as attackers zeroed in on gullible users with a very relevant and specific narrative.

(Adam Levine/CoinDesk)

Markets

Rally in Crypto Game Axie's AXS Token Faces Skepticism From Derivative Traders

With a favorable environment for alternative cryptocurrencies far away, a rise in open interest in AXS futures implies traders shorting the rally, one trader said.

Traders appear to be shorting the rally in AXS. (TheDigitalArtist/Pixabay)