Analysis


Markets

Crypto Markets Turn Lower After Jobs Data, Hawkish Fed Comments

Tight labor markets and concerns of rate hikes weigh on crypto markets; hopes of a debt limit deal stem the tide, but only briefly.

Hawkish remarks by a Fed official sent bitcoin falling.(Getty Images/Tim Chapman)

Policy

Where the SEC’s Proposed Custody Rule Comes Up Short for Crypto

Financial advisors looking for clarity on crypto from the SEC’s new Custody Rule won’t get everything they want from the current version.

A judge has warned lawyers for the Securities and Exchange Commission (SEC) that he may sanction them for allegedly misleading the court. (Chip Somodevilla/Getty Images)

Markets

Ether Rebounds Versus Bitcoin in Relatively Quiet Trade

Technical factors suggest ether's bounce could pause at current levels.

(Getty Images)

Policy

Florida’s DeSantis Waging Toothless Campaign Against Digital Dollars, Lawyers Say

The political movement to use state commerce rules to stop central bank digital currencies is based in legal nonsense that has no power to ban anything, experts contend.

Florida Gov. Ron DeSantis ' departure from the presidential campaign field likely means less crypto talk in the 2024 election. (CoinDesk screen grab from governor's office video)

Policy

Even Licensed Firms Say Opening Bank Accounts Is Hard in Hong Kong

Hong Kong has said it wants to be a crypto hub but its banks are rejecting account opening applications.

Hong Kong (Unsplash)

Markets

Bitcoin Volatility and Trading Volume Continue to Decline

The compression in BTC’s trading range implies that market participants are playing things safely for the moment.

Jakob Braun (Unsplash)

Markets

Crypto Markets Look to Recapture Momentum Following Down Week

Trading volume increases for both bitcoin and ether, but trails their 20-day moving averages. CoinDesk’s Bitcoin Trend Indicator signals neutral again.

(Unsplash)

Markets

Bitcoin Prices Retrace as Traders With Varying Time Horizons Jockey for Position

Longer term holders remain resilient. Bitcoin super whales warrant attention, as they have recently reduced positions.

(Mathew Schwartz via Unsplash)

Finance

Bitcoin’s High Fees Brought Back Bull Market-Level Mining Revenue, But Not for Long

The transaction fees debacle might have provided a short-lived revenue bump for the miners but gives a glimpse of the future for the industry.

(Rachel Sun/CoinDesk)

Markets

Bitcoin Roller Coaster Ride Wednesday Underlines Its Vulnerability but Also Its Resilience

Bitcoin and ether rose on mildly favorable inflation data, sank amid rumors of a U.S. government sell-off of BTC and then climbed again as investors shrugged off the tumult.

(Chris De Tempe/Unsplash)