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Market Wrap: Bitcoin Pushes Higher as Traditional Markets Decline
26.9.2022
Fear of a global recession impact equities and fiat currencies. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Biggest Movers: LUNC up 40% on Monday, as Do Kwon Faces Possible Arrest
26.9.2022
Terra classic rose by over 40% on Monday, as markets reacted to the news that founder Do Kwon was wanted by Interpol. Cosmos also traded higher, rebounding from recent declines. Terra Classic (LUNC) Terra classic was one of Monday’s most notable movers, as the token rose by over 40% to start...
Biggest Movers: XRP Hits Fresh 4-Month High, Token Climbs 50% This Week
23.9.2022
Xrp was once again higher on Friday, as the token hit a 4-month high for a third consecutive session. The token formerly known as ripple has risen by over 50% in the last seven days, despite the current market volatility. Cronos was also a notable mover today, climbing by nearly 15%. XRP XRP...
Bank of Japan Intervenes in Foreign Exchange Markets After Yen Slips to 24-Year Low
22.9.2022
While the greenback has been rising higher, the Japanese yen tapped a 24-year low and Japan decided to intervene in foreign exchange markets (forex) for the first time since 1998. Reports say the Bank of Japan conducted the first forex intervention in 24 years, after the Japanese central bank kept...
Biggest Movers: XRP Remains Close to 4-Month High, as LTC Rebounds on Wednesday
21.9.2022
XRP remained close to a four-month high on Wednesday, following a recent breakout of a key resistance level. The token was above $0.4000 for a second consecutive session, which happened for the first time since June. Litecoin also edged higher, after prices rebounded following recent losses....
Bitcoin Price and Ethereum Aim Higher, XRP Poised For More Gains
21.9.2022
Bitcoin price is still struggling to clear the $19,500 resistance. BTC is currently (11:10 UTC) consolidating near the $19,000 zone. If there is no upside break, the bears might aim a move towards the $18,000 level.
Similarly, most major altcoins might aim a fresh increase. ETH could rise steadily...
How Binance Bucks the Trend With its Higher Trading Volumes
20.9.2022
The major crypto exchange Binance has bucked the trend when it comes to trading volumes during the bear market, recording a sharp increase in volume on popular trading pairs even as crypto prices have plummeted....
Read More: How Binance Bucks the Trend With its Higher Trading Volumes
Bitcoin, Ethereum Technical Analysis: BTC Back Above $19,000 Ahead of FOMC Meeting
20.9.2022
Bitcoin was trading marginally higher ahead of Wednesday’s United States FOMC meeting, where it is expected that the Federal Reserve will increase interest rates. As inflation continues to remain at elevated levels, many anticipate the Fed will raise rates by over 75 basis points. Ethereum...
Harris Poll Report Finds That 71% of Crypto Investors Are Confident They Will Become Billionaires
20.9.2022
A new survey conducted by Harris Poll has found that most cryptocurrency investors in America feel they have the necessary tools to become billionaires in the future. The survey, which inquired about how Americans see billionaires, also revealed that this sentiment is higher amongst millennials...
Biggest Movers: LUNC up 20% on Saturday, XRP Moves Towards 1-Week High
17.9.2022
Terra classic rose by as much as 20% in today’s session, which comes following a recent bearish streak. Today’s rally follows Thursday’s drop to a key support point, with bulls using this as an ideal area to reenter. Xrp was also higher, as it moved closer to a long-term...
Biggest Movers: ATOM Moves Closer to 4-Month High, LINK Also Higher
16.9.2022
Cosmos was once again in the green, as the token moved closer to a four-month high during Friday’s session. Prices rose past a key resistance level during the day, as bullish sentiment continued to rise. Chainlink also traded higher, as prices surged for a third straight session. Cosmos...
Crypto Exchange Coinbase Could Earn $1.2B in Revenue Next Year From Higher Interest Rates, JPMorgan Says
16.9.2022
The added revenues would mainly come from the exchange's revenue share on interest income from USDC reserves
Biggest Movers: LEO Hits 1-Week High, ATOM Rebounds From Recent Declines
15.9.2022
UNUS SED LEO rose to a one-week high on Thursday, as prices rebounded following a three-day losing streak. Another token which rebounded in today’s session was cosmos, which climbed higher following five straight days of declines. Overall, crypto markets are down 1.09% as of writing. UNUS...
Bitcoin’s Mining Difficulty Taps All-Time High — 220 Exahash of Hashpower Remains Strong
14.9.2022
Bitcoin’s mining difficulty reached a new all-time high at block height 753,984 from 30.97 trillion hashes to 32.05 trillion hashes. After two difficulty increases during the past month, the network’s mining difficulty jumped another ​​3.45% higher on September...
Biggest Movers: LTC Hits Highest Point Since June, as APE Climbs to 3-Week High
13.9.2022
Litecoin rose to a three-month high in today’s session, following a breakout of a key resistance level. The move took place prior to the release of U.S. inflation data, which fell to 8.3% in August. However, following the release, which was higher than expected, earlier gains eased. Apecoin...
First Mover Americas: Bitcoin Tumbles Below $22K on Higher-Than-Expected US Inflation
13.9.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 13, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Crypto Stocks Tumble After Bitcoin Dips on Higher-Than-Estimated Inflation
13.9.2022
Digital asset miners were among the worst performers on Tuesday
US Inflation Higher Than Expected in August, Bitcoin Dips 4%
13.9.2022
Singapore Tops List of 8 Countries ‘Most Interested in the Ethereum Merge’
13.9.2022
With a total search score of 377, Singapore is the top-ranked nation among countries most interested in the Ethereum blockchain’s upcoming The Merge, a new Coingecko study has found. The same study also found that among the top eight ranked countries, proof-of-work (PoW) related searches...
Bitcoin, Ethereum Technical Analysis: BTC Extends Gains, ETH Consolidates Ahead of The Merge
12.9.2022
After rising to a multi-week high over the weekend, ethereum consolidated on Monday, as market uncertainty increased ahead of tomorrow’s Merge. The token, which continues to trade above $1,700, fell from Sunday’s high, as bulls likely liquidated previous positions. Bitcoin remained...