Altcoins

Latest Altcoins news and analysis from CoinDesk, the leader in crypto journalism. Read in-depth coverage, expert insights, and price updates.

Altcoins

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Market Wrap: Bitcoin Starts the Week in Negative Territory

Bitcoin declines on lower than average volume, offering lower prices but little conviction.

Von Glenn Williams Jr., Jimmy He25. Juli 2022

Bitcoin declined 4.3% on Monday. (CoinDesk and Highcharts.com)

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First Mover Asia: BTC Falls Below $22.4K; Coinbase Shares Remain Alluring for Institutional Investors

Cathie Wood’s Ark Invest, ETF issuer Exchange Traded Concepts, Cullinan Associates and Utah-based Refined Wealth Management all significantly added COIN to their portfolios as per June 30 filings.

Von James Rubin, Sam Reynolds25. Juli 2022

(Leon Neal/Getty Images)

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Market Wrap: Bitcoin Finishes the Week in Positive Territory Again

Bitcoin finishes strong, sees correlations with traditional markets narrow to prior levels.

Von Glenn Williams Jr., Jimmy He22. Juli 2022

The largest cryptocurrency by market capitalization is up 14% over the past seven trading days. (CoinDesk and Highcharts.com)

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First Mover Asia: Does Tesla Really Believe in Bitcoin?; Altcoins Rise in Thursday Trading

The electric car maker became a proxy for investors looking to take a position in the cryptocurrency without buying it directly, but its recent jettisoning of $936 million of BTC suggests the company wasn’t all that committed to the asset.

Von James Rubin, Sam Reynolds22. Juli 2022

Tesla sold over $900 million in bitcoin during its second quarter. (Blomst/Pixabay)

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Market Wrap: Bitcoin Stalls at $23K but Sits Above Cost for Average Investor’s Purchase Price

Bitcoin investors are back in positive territory, although trading ranges have narrowed.

Von Jimmy He, Glenn Williams Jr.21. Juli 2022

Bitcoin declined 2.9% after an 11% increase over the previous seven trading days. (CoinDesk and Highcharts.com)

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First Mover Asia: Bitcoin Stalls as Contagion Hits Zipmex, Vauld. Will Ethereum's Merge Fix This?

Bitcoin is having its best week since March, but with the Federal Reserve still in inflation-fighting mode it seems like the only thing that can really get traders juiced up is the upcoming Ethereum Merge.

Von Shaurya Malwa, Bradley Keoun21. Juli 2022

Zipmex is the latest casualty of this year's crypto contagion. (Unsplash)

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Market Wrap: Bitcoin Climbs Closer to 50-Day Simple Moving Average

Some analysts believe BTC’s consolidation above the SMA could propel the cryptocurrency’s recovery.

Von Jimmy He20. Juli 2022

BTC pushed to a one-month high of $24,265 and is attempting to climb above its 50-day simple moving average. (CoinDesk and Highcharts.com)

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First Mover Asia: Dissecting Three Arrows Capital's Fall; Ethereum Merge Spurs Continued Market Gains

Thanks to the transparency of court documents, the public knows how much the beleaguered crypto hedge fund owes different creditors; ether has risen about 50% over the past week.

Von Sam Reynolds, James Rubin19. Juli 2022

Road directional arrows (The Image Bank RF/Getty Images)

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Market Wrap: Bitcoin Breaks Above $23K as Investor Fears Recede

The Crypto Greed & Fear Index climbed to 30, its highest point since April.

Von Jimmy He19. Juli 2022

A mountaineer stands a near-vertical slope. (Patrick Hendry/Unsplash)

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First Mover Asia: BTC Spikes Over $22.8K; DappRadar’s Complicated Valuation Model and the Difficulties of Assessing NFTs

Bitcoin and major altcoins continued their late weekend rally; NFTs are an asset class where value has yet to be clearly defined.

Von James Rubin, Sam Reynolds19. Juli 2022

Bitcoin is up more than 10% over the the past week. (jayk7/Getty Images)
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