Markets


Markets

Ether Turns Deflationary Again, Led by Spike in NFT Sales

Nearly one-fourth of ether burned stems from NFT trades over the past seven days, according to data from ultrasound.money.

Ether’s annualized inflation rate returned to a negative value as network usage recently increased. (ultrasound.money)

Markets

Crypto Markets Today: Bitcoin Holds Steady Near $23K; Gemini’s Job Cuts Continue

FTX’s FTT token was up 8% for the day. Equities closed higher.

Muchos jóvenes estadounidenses dicen que se están interesando más por las criptomonedas dado el clima económico actual. (Dall-E/CoinDesk)

Markets

Crypto Markets Analysis: Bitcoin’s Surge Moves Both Short- and Long-Term Holders Into Profitability

But the question remains whether short-term holders will sell or stay and become long-term holders.

(Getty Images)

Web3

Checks VV Rouses the NFT Community From a Sleepy Winter

Jack Butcher's NFT project started as a commentary on the social impact of blue checkmarks and has turned into a community movement.

Checks VV (Jack Butcher)

Markets

FTT Order Flow Fairly Balanced After 150% Rally, but Liquidity Remains Thin

Price "takers" have been placing large market buy orders at the same pace as market sell orders, data from Kaiko Research shows.

Large buy and sell orders in FTT now appear evenly balanced. (Kaiko Research)

Markets

First Mover Americas: Axie Infinity's Token Is Soaring

The latest price moves in crypto markets in context for Jan. 23, 2023.

Axie Infinity's AXS token has been soaring. (CoinDesk)

Markets

Bernstein: Bounce in Cryptocurrencies Is ‘Mean Reversion’ Rally

The gains are unlikely to foreshadow a sustained advance, a report from the brokerage firm said.

Hong Kong, China Cityscape (Unsplash)

Markets

Crypto Gaming Token AXS Surges 40% Ahead of $64M Token Unlock

Some 4.8 million AXS tokens, the equivalent of 1.8% of the cryptocurrency's total supply, will be freed up later Monday.

AXS alcanza un máximo de cuatro meses. (Source: 9685995/Pixabay)

Markets

Crypto Markets Today: Bitcoin Surges Above $22K, Genesis Has Over $5B in Liabilities

Also: Bitcoin rose 6% to trade at $22,300. Ether was also trading up, by 5% to $1,640. Equities closed up.

(DALL-E/CoinDesk)

Markets

Crypto Markets Analysis: Bitcoin, Ether Top Weekly Leaderboard, but Some Indicators Suggest a Market Retreat

The two largest cryptocurrencies continued their strong start to 2023, but Bollinger bands have failed to reach the upper band for three, straight days.

(Midjourney/CoinDesk)

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