Cryptocurrency


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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)

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Market Wrap: Cryptos Mixed as Global Uncertainty Lingers; Dogecoin Pumps

BTC was roughly flat over the past 24 hours, compared with a 26% rally in DOGE.

"Oracle" projects like Pyth and Chainlink help to feed real-world data – such as asset prices – onto blockchain-based protocols and applications. (Unsplash)

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Bitcoin Holding Support Above $37K; Resistance at $43K

BTC's price range could persist for another week.

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

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Bitcoin Falls to Six-Week Low Amid Risk-Off Sentiment

"I don't remember this level of bearishness amongst contacts and Twitter, even back on cycle lows in January," one fund manager said.

Bitcoin drops, tracking worsening risk aversion in traditional markets. (Pixabay, PhotoMosh)

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Market Wrap: Cryptos Slip as Bitcoin Struggles to Hold $40K

BTC declined by as much as 4% over the past 24 hours, compared with a 2% dip in ETH.

(Ussama Azam/Unsplash)

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Bitcoin Extends Pullback; Support at $37K, Resistance at $46K

BTC has been struggling to sustain positive momentum over the past few days.

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

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Crypto Traders Find Ether Options Attractive as 'Implied Volatility' Slides

It makes sense to buy options as volatility is so low, one observer said.

La volatilidad implícita de ether parece barata en comparación con la volatilidad histórica. (Pixabay)

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Market Wrap: Bitcoin Rise Loses Steam After Fed Comments

Tighter monetary policy has been a headwind for stocks and cryptos, but indicators remain bullish over the short term.

(Lance Nelson/Getty images)

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Bitcoin Momentum Strengthens Despite Short-Term Pause

BTC is holding support, similar to what occurred in late March before a 16% price rise.

El gráfico de cuatro horas de bitcoin muestra el soporte/resistencia con el RSI en la parte inferior (Damanick Dantes/CoinDesk, TradingView)

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Market Wrap: Bitcoin Fades From $42K, Alts Still Ahead as ApeCoin Pumps

BTC was roughly flat over the past 24 hours, compared with a 24% rally in APE.

Volatility fades. (meriç tuna/Unsplash)