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Markets

Bitcoin Rallies Above $27K as Crypto Market Shrugs Off SEC Lawsuits Against Binance, Coinbase

Cryptocurrencies recovered some of their losses a day after Monday’s sell-off when the U.S. Securities and Exchange Commission sued Binance and deemed multiple altcoins unregistered securities.

Bitcoin daily price chart (CoinDesk)

Videos

Cardano Network Recovers After Short-Lived Node Outage

The Cardano network had a brief outage on Sunday that was automatically fixed within minutes with no singular root cause determined as of writing time, developers wrote in a GitHub post. Cardano’s native ADA token is up nominally in the past 24 hours. "The Hash" panel discusses what this suggests about the resilience of Cardano.

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Finance

Cardano Blockchain Builder IOG Funds $4.5M Research Hub at Edinburgh University

The launch follows IOG’s investment in hubs and funding at Stanford and Carnegie Mellon in the U.S.

Edinburgh, Scotland (Shutterstock)

Markets

Smart Money Eyes Market-Neutral Trades as ADA, AXS See Unusually Low Funding Rates

Traders can purchase ADA perpetual contracts and simultaneously sell ADA tokens in the spot market to safely pocket the funding rate, one expert said.

Man sitting at laptop computer holding smartphone checking charts

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Markets

Cardano’s ADA Up Nearly 10% as Coinbase Adds Staking Feature

Coinbase says there’s about a 3.75% annual percentage yield on staked Cardano

(Bloomberg/Getty images)

Videos

Cardano Foundation CEO on Gaining Smart Contract Capability, 'Alonzo' Hard Fork

Open-source public blockchain Cardano's ADA token has skyrocketed over 1000% YTD. Behind this surge is the completion of the "Alonzo" hard fork, a major upgrade on the Cardano network that saw the implementation of smart contract functionality, paving the way for native decentralized applications (dapps). Cardano Foundation CEO Frederik Gregaard shares insights into what "Alonzo" means for development on the blockchain, the network, and the overall digital asset ecosystem.

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Videos

Bitcoin Eyes 200-Day Moving Average Support as $2B Options Expiration Nears

Bitcoin is again experiencing moderate price turbulence while heading into the monthly options expiration. CoinDesk's Damanick Dantes discusses his assessment and outlook for bitcoin as the cryptocurrency has reversed Wednesday’s gains and exposed the widely tracked 200-day moving average (MA) line located at $46,040. Plus, his take on the explosive growth of altcoins, including Cardano (ADA) and Avalanche platform's AVAX token.

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Markets

ADA, SOL Lead the Way as Crypto Market Sees Price Pullback

"It is normal for investors to reduce exposure to enter at a lower price," one observer said.

Bear

Markets

Market Wrap: Bitcoin Expected to Hold Support Above $45K

Analysts expect bitcoin to remain above its 200-day moving average.

Bitcoin 24-hour price chart, CoinDesk 20

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