Markets

Markets

Markets

Near Foundation Urges Winding Down USN Stablecoin, Funds a $40M Backstop

The foundation is setting aside the funds for a "protection programme," which it says is equal to the amount of a "collateral gap" associated with the undercollateralization of the USN project.

Marieke Flament (Matt Hussey/NEAR)

Markets

Dogechain Token Price Triples in 7 Days

The dogecoin-related project is getting pumped. It's not the first time. Community members are voting on a "great burn."

No es el doge, es la dogechain. (Creative Commons, modificada por CoinDesk)

Markets

Market Wrap: Bitcoin, Ether Continue Their Sideways Moves as the World Twists and Turns

Inflation remains stubbornly high, the global economy is stuttering and the U.K. can’t find a decent leader. But bitcoin keeps purring above $19K.

(Midjourney/CoinDesk)

Markets

Bitcoin Continues to Ride Area of Support; Volatility Still Low

Technical and on-chain indicators signal range-bound trading for the time being.

Bitcoin and other major cryptocurrencies have been riding along relatively flat terrain.  (Marianna Lutkova/Unsplash)

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)