Markets

Markets

Markets

Bitcoin Falls Below $40K for First Time Since Mid-March

Nydig, a bitcoin-focused asset manager, cites fears of rising inflation and a tighter Fed policy as reasons for the drop.

Bitcoin on Monday fell below $40,000 for the first time since March 16. (TradingView/CoinDesk)

Markets

Bitcoin Approaches Support Zone at $37K-$40K

BTC is not yet oversold and is roughly two days away from a pause in selling pressure.

Bitcoin daily price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Markets

Crypto Funds See Largest Weekly Outflows Since January

Some $134 million flowed out of digital asset funds in the week through April 8 as investors took profits and fled bitcoin-focused funds.

Last week's $134 million in net outflows from crypto funds was the most since January. (CoinShares)

Finance

First Mover Americas: Bitcoin Out of Bullish Trend, Would Fed Backstop Markets Again?

The latest moves in crypto markets in context for April 11, 2022.

(PonyWang/Getty images)

Markets

Terra’s LUNA Leads Slide in Majors as Ether Nears $3K

Crypto markets slid on Monday amid a weak trading session in Asia and Europe in broader markets.

(Ethan Miller/Getty Images)

Markets

Bitcoin Slips Under $42K as Mounting Macro Risks, Dollar Strength Overshadow LFG Purchases

Macro uncertainties keep traditional investors from following LFG's lead in accumulating bitcoin at current valuations.

Bitcoin drops to $41,500, hitting the lowest since March 22. (Source: CoinDesk, Highcharts.com)

Markets

Bitcoin Stalls Below $48K Resistance; Support at $40K-$43K

The current pullback appears to be temporary ahead of seasonal strength.

Bitcoin weekly price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Finance

First Mover Americas: Bitcoin Eyes Weekly Loss Ahead of US CPI

The latest moves in crypto markets in context for April 8, 2022.

(Archivo de CoinDesk)

Markets

NEAR Token Has Doubled in 4 Weeks; Here's Why

Venture capitalists’ vote of confidence and stablecoin rumors push the NEAR token higher.

NEAR boosted by venture capitalist’s vote of confidence. (Pixabay, modified by CoinDesk)

Tech

Frax Stablecoin Backing to Feature Layer 1 Tokens, Real-World Loans

Using real assets will allow Frax’s products to operate as intended even in a bear market.

Frax to create additional layer of security for its stablecoin. (Pixabay, modified by CoinDesk)