Markets


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US Added 261K Jobs in October, Topping Expectations for 200K

Bitcoin's price is likely to face continuing headwinds as the strong report should keep the Federal Reserve on a tightening path.

The U.S. government released its latest jobs figures Friday (David McNew/Getty Images)

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Market Wrap: Ether, Other Cryptos Rise Despite Unsettling Inflationary Concerns

Bitcoin was trading sideways but other major cryptos were solidly in the green despite a jumbo interest rate hike by the Bank of England and a dip in jobless claims.

(Midjourney/CoinDesk)

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Bitcoin Holders Continue to Shrug Off Macro Data

The cost basis for bitcoin has fallen and bitcoin holders appear to be feeling less pain.

(Marcelo Cidrack/Unspash)

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Bitcoin Draws Stability From $20K Price Floor as Traditional Markets Slide

Bitcoin traded above the psychologically important price level for a 10th consecutive day, even as stocks took a hit from the U.S. central bank’s ongoing move to tighten monetary conditions.

Cryptocurrencies have stabilized for now, but analysts are mulling a further downside. (Unsplash)

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NFT Platform ImmutableX’s $66M Unlocking Looms, Putting Sell Pressure on IMX Token

Immutable will release some 110 million IMX tokens to investors who bought the token in a private sale before the token's start a year ago. Some investors may see a 500% return on their holdings.

ImmutableX's IMX token unlock is approaching and will allow early private investors to sell some of their holdings. (Unsplash, modified by CoinDesk)

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First Mover Americas: Meta’s Instagram Move Boosts Web3 Tokens

The latest price moves in crypto markets in context for Nov. 3, 2022.

(Just_Super/Getty Images)

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Bitcoin Bear Market Has a Silver Lining, CryptoCompare's Q3 Review Shows

Consistent accumulation by both large and small bitcoin addresses and dwindling volatility makes the ongoing bear market much better than previous ones.

El mercado bajista actual registró una acumulación consistente de pequeñas y grandes direcciones BTC. (CryptoCompare)

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Decentralized Storage System Arweave's Native Token Surges 60% on Meta Integration

Meta, a Web2 giant, is bringing data permanency to Instagram with the help of Arweave's decentralized storage technology.

Web2 giant Meta accesses Arweave's decentralized data permanency technology. (LoboStudioHamburg/Pixabay)

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Market Wrap: Bitcoin Little Affected by Fed Interest Rate Hike

The largest cryptocurrency by market capitalization ticked down, but only slightly, following a fourth consecutive 75 bps increase.

(Midjourney/CoinDesk)

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