Markets


Markets

Lido’s Staked Ether Surges Closest to Ether Since Terra Crash

The stETH derivative and its spread to ETH, a closely followed metric of the confidence in the Merge, sharply narrowed as Ethereum completed its technology transition without a hiccup.

The price of stETH, the largest Ethereum liquid staking derivative, is inching closer towards parity to ETH after the Merge. (Tomas Sobek/ Unsplash)

Tech

Ethereum Merge Brings 'Sell-the-Fact' Price Move in Crypto Markets

The price stability that prevailed after Ethereum's shift to a more energy-efficient proof-of-stake network suddenly evaporated as ether slid 9.1%, its worst day since late August.

The Ethereum Merge watch parties are over. Now the hangover seems to be hitting crypto markets. (Creative Commons)

Markets

First Mover Americas: Smooth Ethereum Merge Disappoints Ether Volatility Bulls; ETC Rallies

The latest price moves in crypto markets in context for Sept. 15, 2022.

The Merge went smoothly and ETH held steady. (CoinDesk)

Markets

Pre-Merge Ether Exchange Inflows of Over $1B Trigger Fears of Price Drop

The cumulative inflow of $1.2 billion is supposedly the largest in six months.

Ether exchange inflows (Nansen)

Markets

Market Wrap: Ether Trades Relatively Flat Ahead of Ethereum Merge

Investors remain cautious in the final hours before the much-anticipated network upgrade event.

In the final hours before the Merge, BTC and ETH traded flat. (Kenan Reed/Unsplash)

Markets

Crypto Traders in Wait-and-See Mode in Countdown to Ethereum Merge

Ether was trading around the $1,500 level as the Merge approaches in less than 12 hours. Bitcoin was back below $20,000.

Crypto markets were choppy ahead of the Ethereum Merge. (Creative Commons, modified by CoinDesk)

Markets

A Full Percentage Point Rate Hike? Bitcoin Traders Size Up Fed’s Desperation on Inflation

Chances of a 100 basis point rate hike rose fast following Tuesday's CPI report.

Traders on the Chicago Mercantile Exchange started pricing in a 32% chance of a 100 basis point rate hike by the Federal Rate in September. (CME)

Markets

First Mover Americas: Ethereum Merge Spawns Watch Parties, But 'Jail Kwon' Token Gets More Hype

The latest price moves in crypto markets in context for Sept. 14, 2022.

Terraform Labs CEO Do Kwon (CoinDesk TV, modified)

Finance

Crypto Network Tron Set to Capitalize on DeFi Boom With Wintermute as Market Maker

Apart from supporting Tron’s decentralized finance ecosystem, Wintermute will provide liquidity for major TRX pairs across multiple crypto exchanges, improving its accessibility.

CoinDesk placeholder image

Markets

Terra’s Luna, Luna Classic Tokens Plunge as South Korea Issues Arrest Warrant for Do Kwon

Terra-based decentralized finance products saw outflows of over $20 million Wednesday morning.

Terraform Labs CEO Do Kwon. (CoinDesk TV, modified)

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