Trading


Markets

As Ether, Bitcoin Wilt, Trading Firms Blame Lack of Bullish Catalyst for Market Swoon

ETH deposits to exchanges have yet to pull back, one observer noted. Investors began moving coins to exchanges ahead of last Thursday's Ethereum Merge.

Ether cae por debajo de US$1300 mientras el entusiasmo por la fusión se desvanece. (Fuente: CoinDesk, Highcharts.com)

Markets

DeFi Trader Nets Over $500K by Using DEX GMX to Manipulate Avalanche Token

GMX developers capped open interest for Avalanche tokens to prevent a repeat of the strategy.

Zipmex is to release tokens to users' wallets in the next week after blocking customers from direct custody of their coins last month. (Jose Miguel/Pixabay)

Markets

ApeCoin's APE Could See Selling Pressure Ahead of Major Token Unlock

More than 25 million APE tokens will be released to launch contributors, representing nearly 8% of the circulating supply.

ApeCoin’s APE tokens slid early Friday ahead of a token unlock over the weekend. (Bored Ape Yacht Club, modified by CoinDesk)

Tech

Ethereum Merge Brings 'Sell-the-Fact' Price Move in Crypto Markets

The price stability that prevailed after Ethereum's shift to a more energy-efficient proof-of-stake network suddenly evaporated as ether slid 9.1%, its worst day since late August.

The Ethereum Merge watch parties are over. Now the hangover seems to be hitting crypto markets. (Creative Commons)

Finance

Crypto Exchange Coinbase Enlists Broadridge Financial to Improve Liquidity

Coinbase will use Broadbridge's NYFIX order-routing network.

Coinbase CEO Brian Armstrong. (CoinDesk)

Markets

Crypto Traders in Wait-and-See Mode in Countdown to Ethereum Merge

Ether was trading around the $1,500 level as the Merge approaches in less than 12 hours. Bitcoin was back below $20,000.

Crypto markets were choppy ahead of the Ethereum Merge. (Creative Commons, modified by CoinDesk)

Finance

Crypto Network Tron Set to Capitalize on DeFi Boom With Wintermute as Market Maker

Apart from supporting Tron’s decentralized finance ecosystem, Wintermute will provide liquidity for major TRX pairs across multiple crypto exchanges, improving its accessibility.

CoinDesk placeholder image

Markets

Terra’s Luna, Luna Classic Tokens Plunge as South Korea Issues Arrest Warrant for Do Kwon

Terra-based decentralized finance products saw outflows of over $20 million Wednesday morning.

Terraform Labs CEO Do Kwon. (CoinDesk TV, modified)

Markets

Steep Drops in Bitcoin, Ether Cause Over $250M in Futures Losses

BTC fell 9% in the past 24 hours, the most among major cryptocurrencies, while ETH dropped 6%, CoinDesk data shows.

El mercado de futuros de bitcoin se inclina hacia la baja. (Unsplash)

Markets

4 Things Blockchain Analysts Are Saying About the Ethereum Merge

Investors are increasingly turning to futures markets over spot markets in order to readjust their exposure ahead of the Merge, researchers said.

The upcoming Merge comes with some risks, says DappRadar. (ryasick/Getty Images)