cryptocurrencies

cryptocurrencies

Markets

Coinbase Direct Listing Gets $100B+ Valuation as Share Price Jumps in Nasdaq Debut

The Coinbase listing is seen as a watershed moment for the cryptocurrency industry.

Coinbase CEO Brian Armstrong. (CNBC, modified by CoinDesk)

Markets

Bitcoin Uptrend Intact as HODLers Seem Less Tempted to Sell

Long-term BTC hodlers are less tempted to sell relative to prior bull markets, according to data from Glassnode.

The term "HODL" is crypto-industry slang for the practice of holding tokens for the long term.

Markets

Coinbase Direct Listing: What's Happening Right Now

Experience shows it might take until after noon ET for market makers to work out the price of the initial trade in a direct stock listing.

Nasdaq

Markets

Bitcoin Pauses After Breakout to All-Time High, Support Around $62K

BTC buyers have taken some profit, but support is nearby.

BTC Hourly Chart

Markets

Bitcoin Analysts Set Sights on $70K (Even $80K) After All-Time High

Bitcoin is seen rising towards $70K by May according to several analysts interviewed by CoinDesk.

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Markets

Bitcoin Traders Seek Further Upside Exposure, Pushing Futures Premiums Higher

Bitcoin futures traders are becoming more bullish with extreme upside leverage.

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Markets

US Inflation Rises Faster Than Expected In March, but Unlikely to Deter Fed

U.S. March inflation beat expectations, but the Fed is likely to remain unmoved. Bitcoin traders continue to hedge.

Federal Reserve Chair Jerome Powell

Markets

Bitcoin Breaks to All-Time High, Ending Three Months of Consolidation

Bitcoin made a fresh all-time high after breaking above $60K and ending three months of consolidation. Next resistance around $68K-$70K.

BTC Four-Hour Chart

Markets

What Would Biden’s Tax Hikes Mean for Bitcoin?

Tax hikes could encourage profit taking in cryptocurrencies, but some investors remain bullish as ongoing stimulus could trigger inflation.

President Joe Biden meets Monday with members of Congress on his infrastructure and jobs plan.

Markets

Higher US Inflation Expected in March CPI Report, and Bitcoin Traders Are Watching

Analysts expect higher inflation ahead of U.S. March CPI report despite the Fed's wait-and-see approach.

inflation-research-shutterstock_1500px