Markets


Tech

Avalanche-Based Wonderland Makes Seed Investment in Betting Dapp

The DAO wants to compete with venture capitalists by providing opportunities to its “frog nation” instead.

Wonderland users (self-styled as the ‘frog nation’ in crypto circles), portray themselves as men and women using technology and crypto to capitalize on opportunities, instead of seed rounds and investments mostly benefiting venture funds and well-connected private investors. (Getty Images)

Markets

Bitcoin Slips to 3-Month Low, Analysts Divided on Impact of Fed’s Tightening

The fears of the Fed’s tightening leading to a prolonged bear market in stocks and digital assets might be overblown, one observer said.

Bitcoin slips to three-month low (CoinDesk, Highcharts.com)

Markets

Después de la caída, bitcoin se estabiliza en una resistencia cercana a $45K-$50K

Las señales de sobreventa permanecen intactas, aunque las subidas son limitadas.

El gráfico de precios diarios de bitcoin muestra el soporte/resistencia y, en la parte inferior, el índice de fuerza relativa (RSI, por sus siglas en inglés) sobrevendido (Damanick Dantes/CoinDesk, TradingView)

Layer 2

What Really Mattered to Crypto Markets in 2021

The CoinDesk Research Annual Crypto Review for 2021 examines some of the key themes and metrics that marked the year’s progress in cryptocurrency markets.

The CoinDesk 2021 Annual Crypto Review looks back on how crypto markets fared last year.

Markets

Polkadot, Solana Biggest Losers Among Top Cryptos

Tokens of top blockchain networks dropped as much as 14% after bitcoin lost its $46,500 support level.

plunge (shutterstock)

Markets

Bitcoin Falls Below $43K, Leads to $800M in Crypto Liquidations

Over 87% of losses arose from crypto traders in long positions.

Bitcoin broke below the $46,000 support level on Wednesday. (TradingView)

Markets

Bitcoin Falls to 1-Month Low as Fed Minutes Reveal Talks to Shrink Balance Sheet

A reduction in the balance sheet might undermine bitcoin’s appeal as an inflation hedge.

Bitcoin's hourly price chart showed steep drop in the hour after the Fed meetings were released. (TradingView)

Markets

Chainlink Jumps While Bitcoin Stages Recovery

LINK hit resistance levels while major cryptocurrencies held support levels ahead of publication of the Fed’s minutes on Wednesday.

Where does resistance exist for LINK? (TradingView)

Markets

Bitcoin May Squeeze Higher as Retail Interest Subsides: Analysts

On-chain metrics like the “paper hands” ratio from Glassnode suggest a bottom could be nearing, one analyst said.

Chart showing a pick up in BTC-denominated open interest and neutral-to-negative funding rates (Arcane Research, Glassnode)

Markets

Bitcoin Holds Support Ahead of Fed Minutes, March Rate Hike Probability Rises

The Fed’s asset purchase program is set to end in March.

Bitcoin holds range support ahead of Fed minutes (TradingView)