Cryptocurrency Markets
Bitcoin Tumbles Most Since May and El Salvador Buys the Dip
Price drop triggers about $3 billion of liquidations of trading positions due to margin calls.
Lido Dominates Booming Market for Ethereum 2.0 Staking Derivatives
The exchange allows users to earn staking rewards and still trade staked coins elsewhere.
Solana’s SOL Token Nearly Tripled in August as Investors Bet on ‘Ethereum Killers’
Terra’s LUNA and Cardano’s ADA also surged as Ethereum’s scalability issues pushed investors to speculate on alternative DeFi base layers.
Cardano’s ADA Token Surges as Fresh Buyers Jump In
The coming launch of smart contracts into the network is providing a boost, one research firm said.
Bitcoin Rises Above $48K as Dollar Drops After Powell’s Dovish Comments
No news is good news for the bitcoin market as the Fed chairman avoids specifying a “tapering” time frame at virtual Jackson Hole symposium.
Bitcoin Mining Difficulty Rises, Extending Recovery After China Crackdown
The Bitcoin blockchain's mining difficulty increased by 13%, but industry experts say operators are still looking at fat profits ahead.
Bearish Bitcoin Bets Might Signal Return of This Popular Trade
The data doesn't necessarily indicate that the traders are betting on price declines.
Bitcoin Trading Volume Stays Subdued as Price Recovers
The rally may not be sustainable, according to Arcane Research.
Introducing Crypto for Advisors, a Newsletter for Financial Planners
A new CoinDesk newsletter defining crypto, digital assets and the future of finance.
