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Markets
Tokens of Optimism Ecosystem Surge as Coinbase Unveils Its Layer 2 Base
Coinbase said Thursday that it is using Optimism's technology to launch an Ethereum layer 2 scaling product called Base.

Crypto Markets Analysis: Bitcoin, Ether Trade Sideways as Jobs Data Remains Robust
Crypto markets chug along as a stubbornly tight labor market suggests that inflation will remain troublesome.

Bitcoin Hovers Near $24K as Investors Mull Economic Uncertainties
Bitcoin was trading sideways over the past 24 hours, while ether has risen 2.1%.

First Mover Americas: Cathie Wood Doubles Down on Coinbase
The latest price moves in crypto markets in context for Feb. 23, 2023.

Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says
In wave theory, market trends unfold in five waves, three of which represent the primary trend and the other constitute partial retracements. Bitcoin's year-to-date rally seems to be a retracement ahead of the final leg lower, the crypto trading firm said.

Frax Finance Votes to Fully Collateralize Its $1B Stablecoin
The vote is a step for Frax’s native stablecoin frxUSD to retire its algorithmic element.

Crypto Markets Analysis: Bitcoin, Ether Exchange Balances Take Divergent Paths
Investors have begun sending bitcoin to exchanges while continuing to remove ether.

Coinbase Stock Tumbles 6%; Bitcoin Also Lower
Wednesday’s move lower may have less to do with the company’s earnings and more to do with a 4% slide in the price of bitcoin.

Bitcoin Volatility Holds Steady as the VIX and MOVE Spike
The relative stability is reflective of mainstream disinterest in the crypto market, one observer said.

First Mover Americas: Google Cloud Joins Tezos
The latest price moves in crypto markets in context for Feb. 22, 2023.
