Markets


Markets

Bitcoin Completes Second Full Week Below $20K as Aptos Finds Market Bottom

Bitcoin stayed unusually steady, with traditional markets in flux. The freshly launched aptos token staged a minor recovery after its initial flop.

Investors grapple with market risk. (Mostafa Meraji, Unsplash)

Markets

Market Wrap: Bitcoin Dull as Drama (Not the Kind You Want) Comes to Axie

Bitcoin trades flat around $19K (with the lowest volatility in two years), while Axie tumbles amid news of token unlocking. PLUS: Analyst Glenn Williams Jr. urges caution when interpreting bitcoin’s MVRV Z-score.

(AxieInfinity.com)

Markets

Bitcoin Undervalued by On-Chain Metric, Might Remain That Way: Technical Take

Bitcoin is trading at a historic discount, while battling macro hurdles, CoinDesk Markets analyst Glenn Williams Jr. writes.

Bitcoin faces macro hurdles. (Josh Boak/Unsplash)

Markets

Bitcoin Flat as Volatility Hits 2-Year Low and Stocks Rise

Bitcoin’s 30-day price volatility dropped to the lowest in almost two years, data shows.

In the final hours before the Merge, BTC and ETH traded flat. (Kenan Reed/Unsplash)

Markets

Crypto Gaming Token AXS Under Pressure as $215M Unlock Looms for Axie

Some 10 million of Axie’s AXS tokens owned by insiders and early investors will be unlocked soon, creating selling pressure. AXS price has dropped following prior unlocking.

Axies from the play-to-earn game Axie Infinity.

Markets

Con bitcoin y las acciones sin movimientos, el repunte de los tokens DeFi llamó la atención el miércoles

Los activos DeFi brillaron mientras los principales activos cripto —como bitcoin y ether— y los mercados tradicionales se mantenían sin movimientos.

El gráfico de información de precios muestra que el token UNI del exchange Uniswap tuvo un salto en su precio el miércoles y logró superar a los principales activos cripto, como bitcoin y ether. (CoinDesk)