Markets


Markets

Bitcoin Unlikely to See Notable Recovery After Thursday's Short Squeeze: Traders

Treasury yields remain elevated after the U.S. CPI, offering a reality check to risky assets, including cryptocurrencies.

Crypto trading platform Talos announced three new hires to senior roles. (Nicholas Cappello/Unsplash)

Markets

Market Wrap: Prices Plunge Following Hot Inflation Report, Then Reverse Course Completely

The Consumer Price Index inflation data arrived higher than expected, and markets responded in roller-coaster fashion before settling down.

BTC reverses course after an early decline. (Michele Tantussi/Getty Images)

Markets

Bitcoin Rebounds to Over $19K After Plunge Triggered by Hot Inflation Report

BTC was up 0.2% after the price tumbled to $18,198 – the lowest since Sept. 21.

Bitcoin's price chart shows the cryptocurrency's rebound midday on Thursday. (CoinDesk)

Markets

Las acciones cripto se desploman y bitcoin cae a US$18.100 tras la publicación de la inflación

Coinbase perdió 11%, mientras que MicroStrategy, Riot Blockchain y Marathon Digital cayeron en torno al 7%.

Las acciones de las criptomonedas se tambalean tras conocerse los datos del CPI. (M/Unsplash)

Markets

TrueFi's $4M Bad Debt in Limbo Shows Risk of Crypto Lending Without Collateral

Decentralized lending protocol TrueFi’s experience with loan default reveals its recourse for recovering bad debts: old-school solutions that can be time-sapping and costly, such as taking borrowers to court.

(Unsplash, modified by CoinDesk)

Markets

Crypto Stocks Plunge as Bitcoin Slides to $18.1K on Inflation Data

Coinbase has tumbled 11%, while MicroStrategy, Riot Blockchain, Marathon Digital are all down in the area of 7%.

Las acciones de las criptomonedas se tambalean tras conocerse los datos del CPI. (M/Unsplash)

Markets

Bitcoin Sinks After US CPI Report Shows Inflation Hotter Than Expected

The "core" Consumer Price Index, seen as a more steady indicator of inflation, rose 6.6% from a year prior – a four-decade high.

Small Shrinking Currency Dollar in Inflation  (iStock)

Markets

First Mover Americas: Bitcoin Falls to $18.1K After CPI Data

The latest price moves in crypto markets in context for Oct. 13, 2022.

Shopping online concept (Shutterstock)

Markets

Ether Exits Triangular Price Consolidation With 4% Drop

Softer-than-expected U.S. inflation data is needed to save the day for ether bulls.

Ether faces selling pressure ahead of the U.S. CPI report. (Source: TradingView, CoinDesk)