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Market Wrap: Cryptos Pull Back, Traders Eye Opportunities in Ether Versus Bitcoin
4.4.2022
Bitcoin (BTC) and other cryptos traded lower on Monday as bullish sentiment faded. Volatility and trading volume continue to drift indicating low conviction among market participants. WAVES dipped 20%, while some option traders see value in ETH calls versus BTC calls
Opulous (OPUL) price soars after DeFi staking announcement, S-NFT sale and CEX listings
4.4.2022
OPUL price rallied 175% off its bottom after the project announced DeFi staking, CEX listings and upcoming S-NFT sales
Crypto Funds Draw Inflows for Second Straight Week
4.4.2022
Some $180 million flowed into digital asset funds in the week through April 1, CoinShares reported on Monday
Introducing Market Wrap, and a New Look for CoinDesk’s Newsletters
4.4.2022
We’re debuting our third daily newsletter – and a new design for the rest
Bitcoin Weighed Down by $48K Resistance; Support at $43K
4.4.2022
Bitcoin (BTC) is in pullback mode after a choppy weekend. The cryptocurrency could find support around $43K, which should stabilize the down move. Momentum signals turned negative on the daily chart, similar to what occurred during the first week of February and March
Celo Rises 15% on Barcelona Reveal of $20M 'Connect the World' Campaign
4.4.2022
The team announced on Monday at Celo Connect in Barcelona that it's launching a $20M campaign to incentivize the development of Celo on- and off-ramps around the world
Price analysis 4/4: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE
4.4.2022
BTC and altcoins are dropping to retest lower support levels and bulls have yet to buy into the current dip
NFT Sales Increased by 34% This Week, Azuki Takes Top Sales, NFT Interest Remains Low
4.4.2022
Non-fungible token (NFT) sales have increased this week after a small 2.15% drop the week prior. During the last seven days, NFT sales are up 34.62% from $579 million to $779 million. The NFT collection with the most sales this past week was Azuki, as the collection’s NFT sales jumped 94.68%...
Frax Finance’s FXS Jumps as Terra Introduces Stablecoin Pool ‘4pool’
4.4.2022
Liquidity from four major protocols would be used to make Curve’s 4pool attractive for users
Waves' USDN Stablecoin Loses Peg, Drops 15% Amid Manipulation Scare
4.4.2022
USDN's market capitalization had nearly doubled to $850 million in March
Dogecoin Spikes 10% as Musk Takes Almost $3B Stake in Twitter
4.4.2022
Prices of some other ‘memecoins’ increased in tandem
Post-Merge Ether Will Be a Commodity-Linked Bond, Could Rally to $10K, BitMEX Founder Says
4.4.2022
The post-merge bond-like appeal and ESG-compliant label will make ether more attractive than other layer 1 cryptocurrencies
JPMorgan Sees Limited Upside for Crypto Markets
4.4.2022
JPMorgan Chase & Co. has warned that any upside for crypto markets from here would likely be more limited. Basing their prediction on the relationship between stablecoins and the rest of the crypto market, the bank’s analyst explained that stablecoins’ share of the total crypto...
First Mover Asia: DBS Bank's Ditching Retail Crypto Delivers a Small Blow to OSL, Less so to Singapore's Crypto Industry; Cryptos Rise Late Sunday
4.4.2022
Even after the news broke, the stock of OSL's parent, BC Technology Group, continued its week-long winning streak on the Hong Kong markets, rising 5%
Here’s how pro traders use Bitcoin options to profit even during a sideways market
3.4.2022
BTC price might be consolidating or even reaching a short-term top, but that doesn’t stop pro traders from using options to generate profits
Top 5 cryptocurrencies to watch this week: BTC, VET, THETA, RUNE, AAVE
3.4.2022
BTC is holding a key support level, which is allowing altcoins like VET, THETA, RUNE and AAVE to push higher
Now That Q1 Is Over, Is the Bull Market Back?
3.4.2022
Most of Q1 was uninspiring, but bitcoin’s price ticked up as we closed out the quarter potentially signaling renewed strength in the crypto market
Defiance CEO ‘Completely Bullish on Bitcoin’ — Says It’s ‘a Good Time to Get in’
3.4.2022
The head of Defiance ETFs says she is “completely bullish on bitcoin.” Noting that it is a “good time” to get into the cryptocurrency, she explained why she believes the price of bitcoin will reach $100K. CEO of Defiance ETFs Bullish on Bitcoin Sylvia Jablonski, chief...
Pudgy Penguins NFT Collection Looks to Next Chapter With $2.5M Sale
2.4.2022
The collection of 8,888 digital penguins has been sold to LA-based entrepreneur Luca Netz in a 750 ETH deal
Study: 10% Growth in Crypto Market Cap Reduces Value of African Firms by 0.76%
2.4.2022
A study undertaken by two assistant professors at American University in Cairo (AUC) has suggested that an increase of 10% in the crypto market cap causes the market value of “African micro-entities” to drop by 0.76%. Crypto Market Growth Hurts Less Competitive Sectors According...