Markets

Markets

Markets

Bitcoin Trends Upward as Markets Calm Despite Ukraine Tensions

Traders showed some optimism even as President Joe Biden announced more sanctions.

Bitcoin trended upward slightly Wednesday (CoinDesk)

Markets

Bitcoin Bounce Fades; Minor Support at $30K-$36K

Sellers could remain active over the short term.

Bitcoin four-hour chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Markets

Terra's LUNA Jumps 15% as UST Stablecoin Gets $1B Bitcoin Reserve

LUNA's fortunes are closely tied to UST. The stablecoin's creation is facilitated by burning LUNA.

(Annie Spratt/Unsplash)

Markets

Cardano’s ADA Jumps Amid Recovery in Major Cryptos; Traders Remain Cautious

Prices of major cryptocurrencies were up as much as 16% on Wednesday after nearly a week of downslide.

LUNA hit resistance at $58. (TradingView)

Tech

‘Web3Memes’ Rugs $235K From Investors Five Hours After Issuance: PeckShield

Developers behind the meme coin moved 625 BNB in rugged funds via privacy tool Tornado Cash this morning.

rug, bazaar

Markets

Foundation Focused on UST Stablecoin Raises $1B in LUNA Sale

The fresh funding will go toward a new reserve to help strengthen the peg for the UST stablecoin.

CoinDesk News Image

Markets

Bitcoin Downtrend Persists; Support at $30K

BTC is 43% off its all-time high near $69K, and upside appears limited.

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

Finance

Tether Slashes Commercial Paper Holdings by 21%

The largest stablecoin issuer by total supply released its latest attestation report on Tuesday.

USDT is the largest stablecoin by total supply. (DrawKit Illustrations/Unsplash)