Ether

Ether

Markets

Bitcoin’s Shrugs Off Positive Economic Data as Slow-Moving July Continues

Further confirmation of a slowdown in inflation failed to push prices higher on Thursday.

(Cedric Fox/Unsplash)

Finance

Trader Redeems $12.3M of Rocketpool's Staked Ether to Mark Largest Daily Burn

The trader reportedly sent the ether to Binance after redeeming staked ether on Rocket Pool.

Trader redeems 6.72k ETH from Rocket Pool (Elena Mozhvilo/Unsplash)

Markets

First Mover Asia: Bitcoin Post-Fed Rate Hike Fizzles. Will BTC's Recent Low Volatility Last Much Longer?

zkSync Era launched only in February but has more daily active addresses than Arbitrum and Optimism, the two largest scaling solutions by total value locked, underscoring the rising interest in its potential airdrop.

Bitcoin monthly chart. (CoinDesk Indices)

Markets

Bitcoin Remains in Tight Range Around $29.3K; Stellar's XLM Leads Altcoin Gainers

Fresh U.S. economic data Thursday morning delivered good news on inflation and economic growth.

BTC

Markets

Bitcoin is Behaving as the Uncorrelated Asset That Some Investors Want, if Only Its Price Would Increase

Bitcoin’s recent decoupling from traditional finance keeps it on the sidelines as other asset prices have surged.

Anne Nygard (Unsplash)

Markets

First Mover Asia: Bitcoin Awaits Its Spot ETF in Absence of a Macro Catalyst: Crypto CEO

PLUS: At least one bitcoin price indicator suggests that BTC may be turning slightly upward soon, writes a CoinDesk analyst, while Tribe Capital's managing partner sees a DeFi "resurgence."

Bitcoin monthly chart (CoinDesk Indices)

Markets

Bitcoin Breaks Below Key Technical Indicator, but Appears Poised to Continue Its Flat Trajectory

Wednesday’s Federal Reserve likely decision to raise the interest rate 25 basis points appears to be priced into crypto markets

(Getty Images)

Markets

First Mover Asia: Bitcoin Holds Its Latest Foothold at $29.1K While Worldcoin Soars

PLUS: BTC's positive vibes may be waning as outflows from BTC investment products rose for the first time in weeks. But mining is in a better state than it was a year ago.

Bitcoin daily chart. (CoinDesk Indices)

Markets

Crypto Catalysts: Rate Hike Looms as FOMC Begins Latest Monetary Policy Deliberations

The U.S. central bank has been telegraphing its intent to renew rate hikes for weeks. The Personal Consumption Expenditures report arrives Friday, but cryptos and other risk-on assets have been largely immune to macro events.

Fed Chair Jay Powell is set to speak after the central bank held policy steady (Helene Braun/CoinDesk)

Markets

First Mover Asia: Bybit CEO Ben Zhou: Regulators See Crypto as an ‘Opportunity,’ Not a Crisis

The CEO of the Dubai-based exchange sees jurisdictions competing for crypto business in a post-FTX world. PLUS: Bitcoin holds near $30,000 amid investor cautiousness.

Bitcoin daily chart. (CoinDesk Indices)