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Markets

Foundation Focused on UST Stablecoin Raises $1B in LUNA Sale

The fresh funding will go toward a new reserve to help strengthen the peg for the UST stablecoin.

Terraform Labs CEO Do Kwon on CoinDesk TV in December.

Markets

Bitcoin Downtrend Persists; Support at $30K

BTC is 43% off its all-time high near $69K, and upside appears limited.

Bitcoin daily price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Finance

First Mover Americas: As Bitcoin Dips, Inflation 'Breakevens' Offer Hope to Bulls

The latest moves in crypto markets in context for Feb. 21, 2022.

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Markets

BlackRock Has Entered the Chat

Why the $10 trillion asset manager's arrival would be a big deal for crypto.

(Ivana Cajina/Unsplash)

Markets

Bitcoin Falls Below $40K for First Time in 2 Weeks

Bitcoin's notorious volatility has upended what had been shaping up as a strong month for returns.

Bitcoin continues to trend downward as tensions between Russia and Europe escalate. (TradingView)

Finance

First Mover Americas: Bitcoin Nears $40K, Gaming Flips DeFi

The latest moves in crypto markets in context for Feb. 18, 2022.

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Markets

Bitcoin Suffers Biggest Drop in Four Weeks, Nearing $40K

The 6.6% drop for the largest cryptocurrency was bitcoin’s steepest since Jan. 21.

Bitcoin suffered its worst day since Jan. 21 (CoinDesk price page)

Markets

Helium Network Passing Half-Million Hotspots Could Fire Up HNT Price

The crypto-powered distributed network of long-range wireless hotspots has amassed over half a million miners across the world in just two years. But what's next for the HNT token?

(Sagar Patil/Unsplash)

Markets

How the 'Big Short DAO' Bet Against the Crypto Market and Won

The pseudonymous crypto trader @GiganticRebirth was feeling bearish at the market top last November. Here’s how his team of alpha hunters say they made money shorting altcoins in the ensuing sell-off.

The "Big Short," crypto edition. (Rachel Sun/CoinDesk)