Trading


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Black Thursdays: Bitcoin's 5 Worst Crashes

Oct. 24, 1929, (aka “Black Thursday”) is infamous in stock market history. As part of CoinDesk's Trading Week, we are taking a look back at some of the worst crashes in crypto history.

A crowd gathers outside the New York Stock Exchange following the Crash of 1929. (Library of Congress)

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THE Memes Won’t DIE: Crypto Hopefuls Seek Value in Joke Tokens After Vitalik Buterin’s Tweets

If there’s money to be made peddling trendy topics, expect a market for it somewhere in niche meme coin circles.

Una nueva clase de tokens de memes creados durante la semana pasada les devolvió mucho de su capital inicial a los primeros inversores. (Getty Images)

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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.

Bitcoin faces macro hurdles. (Josh Boak/Unsplash)

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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.

Axies from the play-to-earn game Axie Infinity.

Финансы

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.

Fidelity Investments sign (Jonathan Weiss/Shutterstock)

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El retroceso de los futuros de bitcoin podría indicar un estado de ánimo bajista

Esta condición en el mercado de futuros de bitcoin no ocurría desde mayo del 2019, según Luno.

Los futuros en el CME entraron en una prolongada backwardation por primera vez desde mayo del 2019, según Luno. (Laevitas, vía Luno)

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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.

El gráfico de información de precios muestra que el token UNI del exchange Uniswap tuvo un salto en su precio el miércoles y logró superar a los principales activos cripto, como bitcoin y ether. (CoinDesk)

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Bitcoin Futures ‘Backwardation’ Could Signal Bearish Mood

This condition in the bitcoin futures market hasn't happened since May 2019, according to Luno.

Los futuros en el CME entraron en una prolongada backwardation por primera vez desde mayo del 2019, según Luno. (Laevitas, vía Luno)

Финансы

Aptos Token Plunges in Trading Debut

FTX, Coinbase and Binance were among the first exchanges to list the buzzy new layer 1 token.

An Aptos-branded hat. (Danny Nelson/CoinDesk)

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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.

IMF Managing Director Kristalina Georgieva at the IMF's annual meeting in Washington, D.C. (Helene Braun/CoinDesk)