Markets


Markets

DeFi Value on Terra Surges to Record $21B as LUNA Tops $100

Thursday’s dip to $85 for LUNA tokens was erased overnight.

(Annie Spratt/Unsplash)

Markets

Market Wrap Year In Review: Remembering Bitcoin’s FUD-Fueled Crash

As crypto markets moved through April and May, many buyers began to cash out as fear, uncertainty and doubt (”FUD”) overwhelmed traders. Concerns included U.S. capital gains taxes on digital assets, bitcoin’s environmental footprint and an outright ban on crypto mining in China.

(Faberge Workshop/Art Institute of Chicago, modified by CoinDesk)

Markets

Crypto Markets See Mixed Session as Terra Falls, NEAR Sets All-Time High

Thursday’s morning session remained muted with mixed results for altcoin traders.

Trading volumes are dropping as the year's end nears. (CoinDesk/CryptoCompare)

Tech

BNB Burns Will Now Better Reflect DeFi Activity on Binance Smart Chain

Starting Thursday, Binance will burn its BNB tokens continuously instead of once a quarter.

(H. Armstrong Roberts/Getty Images)

Markets

NEAR Token Jumps Over 20% After UST Integration

Tokens of the layer 1 blockchain are up 23% after Terra said its UST stablecoins would be supported on the network.

A Near sign in Lisbon, Portugal (Zack Seward/CoinDesk)

Markets

Market Wrap Year-End Review: Bitcoin Peaks as Coinbase Goes Public

Tesla’s bitcoin acceptance helped to send the BTC price to an all-time high near $65,000 in April, almost unthinkable just a few months earlier. Coinbase’s direct stock listing marked the exact date of the market top.

The peak of the bitcoin market in April 2021 perfectly coincided with the elevated hype surrounding the Coinbase direct stock listing. (William Henry Jackson/Art Institute of Chicago, modified by CoinDesk)

Markets

Floki Inu Deposits on Inverse Finance Break $44M Within Hours

Projects founded as meme coins don’t want to remain mere meme coins anymore.

https://www.shutterstock.com/image-photo/japanese-shiba-inu-dog-near-window-585435077

Markets

Shiba Inu Spikes as Whales Add to Existing Positions

A single wallet purchased nearly $134 million worth of shiba inu tokens, wallet trackers show.

A lot of shiba inus (Pixabay)

Markets

Terra’s LUNA Notches New Record High Above $90 Even as ‘Shorts’ Keep Piling

LUNA has rallied 58% this month, decoupling from the broader market.

Chart showing a surge in amount of dollars locked in LUNA perpetual futures (Laevitas)

Markets

Market Wrap Year-End Review: Musk Pumps Bitcoin and Dogecoin

Dogecoin pumped along with bitcoin thanks to some high profile tweets.

Image posted on Feb. 4, 2021, by Elon Musk's Twitter account. (@elonmusk/Twitter, modified by CoinDesk)

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