Ether
Why Did Bitcoin’s Price Rise? BTC Hovers Over $27K as Investors Shrug Off Hot Jobs Data
Ether and other major cryptos spent much of the day in positive territory.
DeFi Tokens Rose in a Turbulent Week: CoinDesk Market Index
Lesser known altcoins had a strong week as bitcoin and ether wrestled with macroeconomic headwinds
First Mover Asia: Bitcoin Has Reached 'a General Accumulation Phase': Analyst
ALSO: BTC-20 tokens are pushing toward a $500 million market cap, and data from Glassnode shows that they have been a boon for miners.
Bitcoin Lingers Under $27K to Continue Its May Sluggishness Amid Inflation Concerns
BTC and ether both lost ground in May, the first monthly decline of 2023. LTC and RNDR were among the month’s big gainers.
On Heels of First Losing Month of 2023, Bitcoin and Ether Flash Differing Signals
While bitcoin appears positioned to trade flat, ether shows indications of being in an uptrend.
First Mover Asia: Bitcoin Settles Above $27.1K After Early Wednesday Dip as Rate Hike, Inflation Worries Heighten
ALSO: Large bitcoin holders reduced their holdings and sent assets to exchanges in the days leading up to the debt deal. What's next?
Inflation Concerns, Strong Jobs Data Put Bitcoin on the Defensive
A strong May jobs report on Friday could set the crypto up for further declines.
Nearly $275 Million in Ether Burnt This Month Amid Deflationary Trend
During the last month, over 143,830 ether worth $275 Million has been burnt, according to tracker ultrasound.money. The network is forecasted by the tracker to burn 2,441,000 ether this year, or approximately $4.5 billion worth. CoinDesk's Jenn Sanasie presents "The Chart of the Day."
Sell Crypto Volatility in May, and Go Away?
The recent calm in bitcoin (BTC) and ether (ETH) should not lull market participants into a false sense of security.
First Mover Asia: Nearly $275 Million in Ether Burnt This Month as It Continues Deflationary Trend
Also: Bitcoin and volatility have a tricky relationship.
