Trading volumes of the tokens jumped from under $70,000 on Monday to over $2.2 million.
First Mover Asia: Macau’s Digital Currency Embrace Could Be a Nightmare for Its Casino Industry; Bitcoin Points Upward
The Special Administrative Region passed a bill that would create a legal framework for accepting digital currency, but would also allow China to monitor Chinese nationals visiting the territory; the largest cryptocurrency by market cap is trading above $19.5K.
Market Wrap: Bitcoin and Ether Start the Week Higher
BTC crosses $19,600 at one point but appears likely to continue trading in its recent narrow range. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.
Price analysis 10/17: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
These altcoins are carving out gains as Bitcoin price continues to trade within a tightening range.
Bitcoin Climbs Over $19.5K Amid Wider Rally in Riskier Assets
BTC was up close to 2% over the past 24 hours, while Ether rose 2.9%.
2 key Ethereum price indicators point to traders opening long positions
Ether price is still at risk of falling below $1,000, but data points to traders opening fresh long positions.
5 altcoins that could be ripe for a short-term rally if Bitcoin price holds $19K
Bitcoin price continues to trade within a tight range, setting up possible short-term breakout for MATIC, HT, QNT and OKB.
Bitcoin: el cambio de la Fed no traería alivio inmediato
Los traders que planean comprar bitcoin ante el primer indicio del llamado cambio de la Fed deberían considerar la tendencia que indica que las acciones caerán aún más luego de que los bancos centrales inicien el período de flexibilización.
First Mover Americas: Technical Signs Flashing Green for Bitcoin and Ether, Quant Network’s Token Surges 14%
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 17, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Fed Pivot May Not Bring Immediate Relief to Bitcoin
Traders planning to buy bitcoin on the first hint of the so-called Fed pivot may want to consider the tendency of stocks to drop more after the central bank kicks off the easing cycle.
Quant Network’s QNT Token Enters Top 30 Crypto List With an Envious ‘Overbought’ Status
Interoperability-focused Quant Network’s QNT has surged by 450% in four months, decoupling from the broader market lull.
First Mover Asia: A Pan-Asian Digital Currency? Good Luck Getting Rivals to Cooperate; Cryptos Hold Steady in Weekend Trading
Chinese researchers say that such an initiative would increase monetary cooperation and reduce dependency on the U.S. dollar, but that probably isn’t what different countries want.
Grayscale BTC Trust trades at a record 36.7% discount, but is it justified?
Grayscale’s BTC trust trades at a 36.7% discount to their actual BTC holdings, and it’s possible that more than just the market-wide downtrend stands as the reason for the spread.
Market Wrap: Crypto Markets Take Quieter Ride Following Thursday’s Roller Coaster
Prices are relatively flat across the board following a tumultuous week of discouraging economic indicators. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.
¿Por qué las criptomonedas se dispararon tras las malas noticias sobre la inflación?
La absurda reacción de los precios del jueves en los mercados de activos muestra lo extrañas que pueden ponerse las cosas cuando la Reserva Federal está al mando.
Price analysis 10/14: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, MATIC
Buyers could not build upon the strong recovery of Oct. 13, indicating that higher levels continue to attract selling in the U.S. equities markets and Bitcoin.
Bitcoin Steady Above $19K Even as Stocks Give Back Thursday’s Wild Gains
BTC was holding around $19,300, even as traditional markets lost steam following the release of third-quarter company earnings reports.
Bitcoin: es poco probable que registre una recuperación notable tras el short squeeze del jueves
Los rendimientos del Tesoro de Estados Unidos continúan siendo elevados luego de la publicación de los datos del CPI, algo que ofrecería una prueba de realidad para los activos de riesgo, incluyendo las criptomonedas.
First Mover Americas: Bitcoin Rebounds to $19.6K, Ether Up 6%
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 14, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Unlikely to See Notable Recovery After Thursday’s Short Squeeze: Traders
Treasury yields remain elevated after the U.S. CPI, offering a reality check to risk assets, including cryptocurrencies.