Ether

Ether

Markets

Biggest ‘stETH’ Pool Almost Empty, Complicating Exit for Would-Be Sellers

A trading pool that large institutional investors such as Alameda Research and Three Arrows Capital have used to dump their “stETH” tokens is now nearly drained and heavily imbalanced, potentially trapping retail investors as well as the embattled crypto lender Celsius.

The staked ether trading pool on Curve is quickly depleting after large holders used it as an escape route. (Flickr, modified by CoinDesk)

Markets

First Mover Asia: When Crypto Rebuilds After This Cold Winter, Firms Like Three Arrows Capital Won't Have a Place; Bitcoin Sinks Toward $20K

The crypto hedge fund, which has been one of the industry’s most prolific investors in new protocols and is also a large borrower, is facing $400 million in liquidations on its positions; ether drops 13%.

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Markets

First Mover Asia: Celsius Risks Triggered Crypto Crash, Says Huobi Group CFO; Bitcoin Wobbles but Doesn't Break Post-Rate Hike

Lily Zhang told CoinDesk the lending platform's problems were ill-timed following the collapse of the terraUSD stablecoin, and crypto prices could decline further; major altcoins regain ground.

Celsius' problems triggered the latest crypto prices crash, says a Huobi senior executive. (Malte Mueller/Getty Images)

Markets

First Mover Asia: Traders See Bitcoin Falling to 2017 Levels Amid Ongoing Inflation, Economic Concerns; Cryptos Struggle

The largest digital asset by market cap could dip below $20,000 in the near future and is unlikely to rebound until macroeconomic conditions improve; bitcoin and ether are down in Tuesday trading.

The bear market in crypto continued, but better times don't seem so long ago.(Johnny Johnson/Getty Images)

Markets

Se registran liquidaciones cripto por más de $1000 millones a medida que bitcoin y ether pierden su nivel de soporte

Bitcoin perdió el nivel de $25.000, mientras que ether cayó brevemente a casi $1200.

(Allkindza/Getty Images)

Markets

Morgan Stanley Says Ether Underperformance Echoes Crypto Downturn of 2018

Expectations of higher Fed interest rates are weighing on crypto prices, the bank's analysts said.

Jenga image via Shutterstock

Markets

First Mover Asia: What Analysts Are Saying After Crypto Lender Celsius Paused Withdrawals; BTC Drops Below $23K

Some observers of digital asset markets criticized the move but others said that Celsius could be protecting user funds; ether plummets 17%.

Analysts responded differently to Celsius' announcement. (CoinDesk archives)

Finance

Goldman Sachs Executes Its First Trade of Ether-Linked Derivative: Report

London-based Marex Financial was the counterparty for the trade.

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Markets

First Mover Asia: Bitcoin Tumbles Below $27K Amid Heightening Inflation Concerns

Ether and other major altcoins underperformed BTC over the weekend as investors continued to steer away from riskier assets; Is there a case for inflation?

Bitcoin and other cryptos fell. (David Pu'u/Getty Images)