Trading


Markets

Four Reasons Elon Musk’s Tesla May Have Moved $760M of Bitcoin

The electric carmaker moved its stash of BTC to new wallets earlier this week, sparking speculation on why it may have done so.

Tesla CEO Elon Musk (Getty Images, modified by CoinDesk)

Markets

GraFun Starts Labs Division to Boost Memecoin Ecosystem on BNB Chain

Partners include trading firm DWF Labs and the Floki, BNB Chain’s largest memecoin by market capitalization.

Ledn's Mauricio Di Bartolomeo argues that the crypto lending industry can rebuild trust following a disastrous 2022. (Mathieu Stern/Unsplash, modified by CoinDesk)

Markets

Dogecoin Price Surges 10% as Elon Musk’s 'Department of Government Efficiency' Gains Traction

Some market watchers expect a Trump election victory and Musk’s closeness to the candidate as forthcoming catalysts for dogecoin.

(Dogecoin)

Markets

Trump-Touted Crypto Website Crashes as Token Sale Goes Live, With Just 1.7% of Target Sold

A blockchain wallet connected to the token holds nearly $4 million worth of ether (ETH), $1.2 million of tether (USDT) and around $250,000 USD Coin (USDC) tokens.

Screen grab from Trump's teaser of the new World Liberty Financial crypto company (Rug Radio, modified by CoinDesk using PhotoMosh)

Markets

Bitcoin Breaks $65K, as Price Action Compared to Prior U.S. Election Cycles

Trading firm QCP Capital said the move was similar to BTC's price action in 2016 and 2020 before the U.S. elections.

(Giovanni Calia/Unsplash)

Markets

Altcoin Selling Pressure Looms as $500M in Token Unlocks Scheduled This Week

Unlocks increase the total available supply of a certain token but don’t necessarily hit the open market immediately.

Token unlocks are usually bearish events, increasing a token's supply.(FLY:D/Unsplash)

Markets

Bitcoin Begins the Week on a High, Jumps Above $64K

Crypto majors moved higher Monday while memecoins led weekend action. PLUS: China stimulus announcements fell short of expectations, but traders’ hopes remain high.

(Stefan Schurr/Shutterstock)

Markets

Bitcoin on Track for Record Sideways Action, With Eyes on November Elections as Bullish Catalyst

Bitcoin's boring price action, characterized by continued accumulation by small investors, is being attributed to reasons including U.S. election uncertainty and an uptick in Treasury yields.

Despite declining Wednesday, BTC may be in a potential upswing. (Luke Chui/Unsplash)

Markets

Trump-Themed PoliFi Tokens Buck Bitcoin Downtrend as China Stimulus Hopes Return

Trump's odds of winning the U.S. presidential election have surged to a more than two-month high. Plus, the broader crypto market is stagnant despite hopes of another round of stimulus in China.

Trump sending bitcoin transaction at PubKey bar in NYC (Fox News/Modified by CoinDesk)

Markets

Record Stablecoin Liquidity, Spike in BTC Transactions Could Fuel Bitcoin Price Surge

Most crypto spot and futures trading are conducted against stablecoin pairs - and an increase signals capital parked on the sidelines to deploy on favorable catalysts.

A rocket launching. (United Launch Alliance / U.S. Air Force)