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First Mover Asia: Tough Week for Layer 1 as Solana, BNB Chain Suffer Outages; Bitcoin Trades Flat as October Doldrums Continue
10.10.2022
The problems that both protocols suffered are reminders that neither is really decentralized, and that they are not yet true challengers to Ethereum; ether and other altcoins trade sideways
Market Wrap: Bitcoin Trades Flat for a Second Consecutive Day, but Outpaces Traditional Markets
6.10.2022
BTC remains range-bound as investors await the latest payrolls data on Friday. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
First Mover Asia: BitMEX Shift From Hong Kong Reflects the Toll of Stringent Covid Policies; Bitcoin Trades Sideways Amid Energy, Employment Concerns
6.10.2022
The crypto exchange leased out a full floor of the prestigious Cheung Kong Center in 2018 but now relies increasingly on remote work. BitMEX’s largest office is now in Singapore. Bitcoin trades sideways
Will bulls take charge now that Bitcoin price trades above a long term trendline resistance?
5.10.2022
Bitcoin bulls celebrated BTC’s push through a long term trendline resistance, but has anything actually changed?
Disclosures Show Shopify’s CEO Bought $3M Worth of Coinbase Shares During the Past 2 Months
4.10.2022
Public records show that Shopify’s CEO Tobias Lütke has purchased close to $3 million in Coinbase shares during the last 60 days. Lütke became a Coinbase board member last February and because he is a Coinbase associate, he’s required by law to submit his trades to the U.S....
TRON Trades to Reach for its Resistance: Can TRX Cross $0.1?
3.10.2022
TRON is a decentralized open-source blockchain that runs on a Proof of Stake consensus. That means it is not a mineable cryptocurrency, mainly dependent on the lock-up of tokens by the holders. The investors expect a good return because the price has been consolidating within a range on...
Market Wrap: Bitcoin Reverses Course Again, Trades Towards 20-Day Moving Average
28.9.2022
Bitcoin continues to trade around its moving average. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Shiba Inu Price Analysis: SHIB Trades Towards Crucial Price Range!
26.9.2022
Shiba Inu was created in 2020 to offer competition to Dogecoin. Both these meme coins depend mainly on community sentiment and social media news. SHIB is the native coin of this network, and it provided a huge return in 2020-2021, but now both of these meme coins are in a downtrend. However, Shiba...
Can Unlimited Fiat and Governments Suppress Bitcoin’s Price? 2 Analysts Discuss the Theory and Odds
19.9.2022
The price of bitcoin has dropped 72.9% in USD value since the crypto asset’s all-time high ten months ago and recently, bitcoin’s been trading for just under $19K per unit. This week two prominent crypto market influencers have been discussing how governments could suppress bitcoin...
Ether Price Trades Flat After Successful Ethereum Merge
15.9.2022
Ethereum’s transition from Proof of Work to Proof of Stake was successfully completed just after 2:30 AM ET, or 5:30 AM GMT at block 15537391
Market Wrap: Ether Trades Relatively Flat Ahead of Ethereum Merge
14.9.2022
Investors remained cautious in the final hours before the much-anticipated event. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Bitcoin Trades Around Its Weekly High Despite Elon Musk’s ‘Deflation’ Warning
13.9.2022
Before Ethereum’s Merge upgrade, Bitcoin is trading at its weekly high. On the other hand, Tesla CEO Elon Musk also warned about the upcoming deflation due to the Federal Reserve interest rate hike. ARK Invest CEO Cathie Wood also holds a similar view. Musk warns that a major increase in...
Stablecoin USDN Trades Below $1 Parity for 14 Days in a Row, Token Taps $0.91 Low This Week
6.9.2022
Approximately 14 days ago, the stablecoin neutrino usd (USDN) tapped a high of $0.994 per unit, and ever since then, USDN has not been able to rise above the $0.97 per unit range. The dollar-pegged asset is associated with the Waves blockchain protocol, and recently the Neutrino Protocol decided...
FTX to halt Ethereum trades on Arbitrum, Solana, BSC for the ETH Merge
5.9.2022
Despite confirmation of zero downtime from Ethereum developers, FTX chose to suspend “deposits and withdrawals until the Merge is finished and networks are stable.”
This Week’s NFT Sales Jump 26% Higher Than the Week Prior, Bored Ape #6,588 Sells for $1.17M
4.9.2022
Non-fungible token (NFT) sales jumped 26.76% higher this week, as NFT sales statistics show that $180.43 million in NFT trades were recorded this week compared to last week’s $142.33 million. While Ethereum-based NFTs captured the lion’s share of volume this week with $79.2 million...
Market Wrap: Bitcoin Trades Down After Initial Push Higher
2.9.2022
The price settled below $20,000 as investors digested the August jobs report. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
MEXC Firstly Announces ZERO Maker Fee Promotion for All Spot Trades
2.9.2022
The leading digital asset and cryptocurrency trading platform, MEXC, firstly introduces a zero-maker fee rate offering for all spot trading users since August 31st. The zero-maker fee policy applies to all spot trading pairs on MEXC. This marks a ground-breaking level of user experience that...
TRON Trades Sideways; Will TRX Investors Achieve Profits?
31.8.2022
TRON aims to create a decentralized online infrastructure that aims to eliminate middlemen in the entertainment-based business industry. It wants to make decentralized communication between content creators and consumers. It prepares a platform that can deliver content directly to the audience...
While the Merge Led the Bear Market Rise, Hype Has Been Erased and Ethereum Now Leads the Slide
27.8.2022
With just over two weeks left until The Merge, ethereum’s value against the U.S. dollar has lost all the gains the crypto asset recorded leading up to the hardened date. In mid-August, ether managed to climb above the $2K zone but since then, the second largest cryptocurrency by market...
First Mover Americas: Bitcoin in Stasis Ahead of Powell Speech; Coinbase's cbETH Trades At Discount to Ether
26.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 26, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets