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Trading
Bitcoin Undervalued by On-Chain Metric, Might Remain That Way: Technical Take
Bitcoin is trading at a historic discount, while battling macro hurdles, CoinDesk Markets analyst Glenn Williams Jr. writes.

Crypto Gaming Token AXS Under Pressure as $215M Unlock Looms for Axie
Some 10 million of Axie’s AXS tokens owned by insiders and early investors will be unlocked soon, creating selling pressure. AXS price has dropped following prior unlocking.

Fidelity’s Crypto Platform to Add Ether Trading for Institutional Clients
The move comes after Fidelity launched a new Ethereum Index Fund for accredited investors.

With Bitcoin and Stocks Flat, Rally in DeFi Tokens Gets Notice
While top crypto assets like bitcoin and ether and traditional markets stay flat on Wednesday, DeFi assets shine.

Bitcoin Futures ‘Backwardation’ Could Signal Bearish Mood
This condition in the bitcoin futures market hasn't happened since May 2019, according to Luno.

Aptos Token Plunges in Trading Debut
FTX, Coinbase and Binance were among the first exchanges to list the buzzy new layer 1 token.

IMF’s Georgieva Warns Central Banks to Hoard Reserves, Follow Fed Hikes
The official's comments might be relevant to bitcoin traders because the largest cryptocurrency has proven to correlate with the dollar's strength in foreign-exchange markets.

Bitcoin Clings to $19K as Traders Place Bets Ahead of Key Inflation Data
BTC stabilized around $19,100 as stocks gained ahead of the release of the Consumer Price Index (CPI) inflation data.

First Mover Americas: Bitcoin Due for Big Move, Solana's TVL Tanks After Mango Exploit
The latest price moves in crypto markets in context for Oct. 12, 2022.

Crucial US Jobs Report Could Test Fed's Resolve, Bitcoin's Resilience
Friday's report from the U.S. Labor Department on nonfarm payrolls is expected to show an addition of 250,000 jobs in September, a slowdown from the 315,000 reported for August.
