Trading


Markets

Bitcoin Holding Support at $60K; Could Face Resistance at $63K-$65K

The long-term uptrend remains intact despite slowing price momentum.

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

Markets

Crypto.com’s CRO Token Soars on Naming Deal for LA’s Staples Center

Amid this year’s broad gains in cryptocurrencies, CRO coin’s price hadn’t really stood out – until now.

CRO was flying in digital-asset markets Wednesday. (Creative Commons, modified by CoinDesk)

Markets

Avalanche’s AVAX Token Surges to All-Time High After Deloitte Deal, Defying Crypto Trend

The token is up 85% in the past 30 days, pushing its market capitalization to $23 billion.

(Unsplash/Robert Bye)

Markets

VanEck Bitcoin Futures ETF Finds Cool Reception

The new investment vehicle, trading under the stock ticker XBTF, jumped into the competition with a lower fee than two similar funds launched last month. But its first-day trading volume was still comparatively anemic.

(Metropolitan Museum of Art, modified by CoinDesk)

Markets

VanEck to Launch Bitcoin Futures ETF ‘XBTF’ Next Week After SEC Rejects Spot Offering

Chicago-based CBOE exchange says in website posting that the VanEck Bitcoin Strategy ETF will start trading Tuesday under the ticker symbol “XBTF.”

After weeks of delays, the VanEck Bitcoin Strategy ETF is ready to launch. (Unsplash, modified by CoinDesk)

Markets

Bitcoin Retreats From All-Time High, Ether Follows

The shakeout appeared to coincide with a turn lower in U.S. stock markets.

Bitcoin and ethereum hourly chart (Trading View)

Markets

Bitcoin Jumps to New All-Time High as Inflation Spikes to 6.2% in October

Bond traders are increasing their bets on faster inflation after the U.S. consumer price index jumped 6.2% in the 12 months through October, the highest rate in three decades. Still “transitory?”

Bitcoin's hourly price chart showing a rally to new record high after CPI release. (TradingView/CoinDesk)

Markets

Bitcoin Pulls Back From All-Time High, Support Between $63K-$65K

Intraday charts are showing initial signs of upside exhaustion.

Bitcoin four-hour price chart (Damanick Dantes/CoinDesk, TradingView)

Finance

Crypto Exchange WOO Network Closes $30M Series A

WOO Network is betting on deep liquidity to break into the crypto exchange landscape.

(Shutterstock)

Finance

Every Big Bank Will Think About Crypto Trading, Says Ex-Citi CEO

Vikram Pandit believes every major financial institution will be considering trading crypto “in one to three years.”

Vikram Pandit at The Bloomberg Year Ahead 2015 Conference (Andrew Harrer/Bloomberg via Getty Images)