Markets

Markets

Markets

LUNA Supply Drops to All-Time Low – But Don’t Call It Deflationary

To keep up with the demand for Terra’s UST stablecoin, LUNA tokens are burned to maintain the $1 peg. All things being equal, less supply could help to support the price.

(Unsplash, modified by CoinDesk)

Finance

First Mover Americas: When $1M Bitcoin?

The latest moves in crypto markets in context for April 27, 2022.

(Thibault Renard/Getty Images)

Markets

Bitcoin's Derivative Data Suggests Potential for 'Short Squeeze'

A minor increase in price could send short sellers scrambling to close their bets.

Bitcoin may see a short squeeze higher. (Pixabay, PhotoMosh)

Markets

Dogecoin, Terra Fall Steepest Among Major Cryptos as Long Traders Lose $280M

Digital assets lost 3.5% in capitalization over the past 24 hours but gradually recovered during European morning hours on Wednesday.

(Pixabay, modified by CoinDesk)

Tech

Cardano Network Developers Increase Block Size by 10%

The upgrade did little to buffer ADA prices in a falling market.

(Bloomberg/Getty images)

Markets

Crypto Market's Direction During a Recession Might Depend on Nasdaq

Analysts say as the broader stock market goes, so goes bitcoin when recession hits.

Business fund investor planning for investment in crisis recession coronavirus , Covid-19 after stockmarket crash using cryptocurrency,bitcoin, for invest use digital tablet and mobile online trading

Markets

Bitcoin Pullback Deepens, Support at $37K

BTC's current pullback is similar to what occurred in September of last year, albeit with weak price momentum.

Bitcoin daily price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Finance

First Mover Americas: Bitcoin's Price Bounce Stalls; Options 'Max Pain' in Focus

The latest moves in crypto markets in context for April 26, 2022.

Price bounce (Getty Images)

Markets

Bitcoin's Correlation With Gold-Backed PAXG Token Weakens to Record Low

Bitcoin's inverse correlation with PAXG represents the leading cryptocurrency's recent behavior as a risk asset rather than a store of value.

(Federal Reserve Bank of New York, modified by CoinDesk)