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Fantom (FTM) Surges, NEAR Sets Highs as Major Cryptos Stagnate

A revived interest in layer 1 bets is fueling growth in some tokens even as bitcoin shows signs of weakening.

(Raymond Boyd/Michael Ochs Archives/Getty Images)

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Volatility Ruled Crypto Markets in 2021, From $69K Bitcoin to Elon Musk’s ‘Dogecoin to the Moooonn’

NFTs exploded, Coinbase stock went public, El Salvador bought the dip and China cracked down on bitcoin miners, while Solana’s SOL tokens and Polygon’s MATIC shot up by multiples of 90 or more. Here’s how crypto traders played it.

Tesla CEO Elon Musk (Getty Images, modified by CoinDesk)

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Market Wrap Year-End Review: Bitcoin ETF Rally Proved Short-Lived, and $100K Dreams Faded

In October, the long-awaited U.S. bitcoin ETF approval sent BTC’s price toward an all-time high of almost $69,000. But extreme leverage preceded a sell-off back down to $47,100 by the end of the year.

(Jared Schwitzke/Unsplash)

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NFT Project Bored Ape Yacht Club Spawns ‘Left-Facing’ Copycats

The parody projects expose the absurdity of NFT communities and intellectual property concerns surrounding digital images.

(Yuga Labs, modified by CoinDesk)

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Algorand Surges as Foundation Incentivizes DeFi Activity on Algofi

The announcement of liquidity rewards for a product built on Algorand put ALGO tokens among the few gainers on Thursday.

ALGO tokens were among the few climbers on Thursday. (Shutterstock)

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Cardano, Avalanche Lead Crypto Decline in Volatile Trading Session

Altcoins posted a mixed performance as the crypto market declined ahead of a major options expiry for bitcoin on Friday.

The crypto market has been sliding this week. (Pezibear/Pixabay)

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Bitcoin Investors Protect Against Even Lower Prices Ahead of New Year

Investors are buying options against falling prices ahead of a major expiry.

(Getty Images

Mercados

Market Wrap Year-End Review: El Salvador Adopted Bitcoin, Then Bought the Dip

The country’s adoption of BTC as legal tender wasn’t enough to keep the cryptocurrency near $50K in September.

El Salvador (Esaú González, Unsplash)