cryptocurrencies


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Binance Pledges New Controls After 99% 'Flash Crash' in Polkadot Futures

A single large sell order appears to have sent prices for trading contracts on polkadot tumbling from about $33 to 25 cents in less than a minute.

Chart showing the "flash crash" in Binance's perpetual futures contracts on the digital token polkadot.

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Market Wrap: Bitcoin Falls to $48K as Fed's Powell Makes No New Promises; Ether Drops

Bitcoin prices quadrupled last year and have rallied 66% this year on speculation the cryptocurrency could serve as an inflation hedge.

Bitcoin's price over the past day.

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Bitcoin Falls 4% as Fed's Powell Sees 'Concern' Over Rising Bond Yields

Federal Reserve Chair Jerome Powell disappointed some traders by offering few signs that the central bank might expand monetary stimulus.

 Jerome Powell says

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Grayscale Discount Might Signal Start of Fresh Bitcoin Rally, Bloomberg's McGlone Says

Far from a signal of distress, a negative level on the "Grayscale premium" might signal a market reset for a fresh bitcoin rally.

Bloomberg Intelligence chart of the "Grayscale premium" versus CME bitcoin futures premium.

Технології

Wall Street Veteran Jim Bianco Says DeFi is 'Recreating' the Financial System

DeFi could do for finance what ride-sharing did for taxi companies, Bianco said.

Jim Bianco, president of Bianco Research LLC

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Cardano's ADA Token Tripled in February to Outperform CoinDesk 20

Traders are betting on the "smart-contract" blockchain, which aims to compete with market leader Ethereum, even though it doesn't yet have smart-contract functionality.

Cardano's ADA token posted the fastest returns among the CoinDesk 20 digital assets during February.

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Google Finance Adds Crypto Data Tab

The tool provides real-time and historical data for bitcoin, ether, litecoin and bitcoin cash.

Google logo on the front of a building

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Bitcoin Tumbles to $43K, Lowest in Three Weeks

Some analysts worry that rising bond yields might prompt the Federal Reserve to tighten historically loose monetary policy, prompting a correction in assets perceived as risky.

Chart of bitcoin prices over past three months, showing recent declines in the most recent candles.

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Bitcoin Transfers Worth Billions Could Mean More Selling Pressure

Blockchain data showed investors moving the cryptocurrency onto exchanges, ostensibly preparing for a quick sale.

CoinDesk's Bitcoin Price Index.

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First Mover: Laser Eyes Can't Stop Correction as Bitcoin Tumbles to $53K

The news flow still looks bullish on bitcoin, but the market appears to have gone too far, too fast.

Latest crypto obsessions include "laser eyes" focused on bitcoin and pixelated cat art. But bitcoin prices are dropping.