Trading


Markets

Perplexing Tranquility? Bitcoin's Implied Volatility Hits Lowest Since October 2020

Bitcoin's volatility will continue to drop as the economic backdrop improves and the market becomes resilient to the negative FTX headlines, one observer said.

Una calma inusual está invadiendo al mercado de bitcoin. (Stephanie Klepacki/Unsplash)

Markets

Bitcoin Falls as Federal Reserve Slows Rate Hikes but Stays Hawkish

The U.S. central bank raised its benchmark interest rate to a range of 4.25%-4.5% on Wednesday. Officials now expect the current rate-hiking cycle to peak next year at a "terminal rate" above 5%.

The Federal Reserve building in Washington, D.C. (Jesse Hamilton/CoinDesk)

Markets

Crypto Market’s Near-Apocalypse in 2022 Turns Zombie Tokens Into Dead Coins

The number of cryptocurrencies has dropped by about 1,000 since February, the biggest-ever decline, according to Statista. Often tokens are removed from pricing sites like CoinGecko because they're no longer trading – even if they still technically exist on the blockchain.

When a zombie token gets removed from a crypto pricing site like CoinGecko, it's considered dead, even if it still technically exists on the blockchain. (Sergey Nikolaev/Unsplash)

Markets

Binance's CZ Welcomes 'Stress Test' as Exchange Resumes USDC Withdrawals

The world's largest crypto exchange by trading volume has endured a wave a withdrawals amid concerns about reserves. Withdrawals of the stablecoin USDC were paused for several hours but have now resumed.

Changpeng Zhao ,CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

Markets

Bitcoin, Ether Jump After US CPI Report Shows Slower-Than-Expected November Inflation

Crypto traders were monitoring the U.S. government's monthly inflation report for signs of whether the Federal Reserve's monetary-policy tightening this year is helping to slow the pace of consumer price increases.

Ether registró una caída tras los datos de inflación en EE. UU. (Getty Images)

Markets

Bitcoin Hits One-Month High Ahead of US Inflation Data

Bitcoin's dominance rate rose above 41% alongside the price rally, signaling de-risking in the crypto market.

(CoinDesk, Highcharts.com)

Markets

Cumberland Favors Bitcoin Option Trades to Profit From US CPI

Sell bitcoin June expiry calls and hedge the same with short-dated December expiry options, Cumberland said.

Cumberland favors bitcoin options strategy to profit from post-CPI price action. (Krzysztof Hepner/Unsplash)

Finance

SynFutures Says New v2 Upgrade Adds ‘Permissionless Listing’ of Futures

The upgrade includes permissionless trading and improved user protections amid to widens accessibility of DeFi among retail investors, according to Singapore-based SynFutures.

(Getty Images)

Finance

Chainlink Whale ‘Oldwhite’ Used More Than 150 Wallets to Avoid Staking Limits

The crypto wallet labeled “Oldwhite” on OpenSea is connected to over 1 million staked LINK tokens, blockchain data shows, even though Chainlink officials tried to get "greater inclusion" from a broad base of participants by limiting each wallet to 7,000 LINK tokens.

(Augustus Burnham Shute/Wikipedia, modified by CoinDesk)

Learn

What Is dYdX? Understanding the Decentralized Crypto Exchange

The DEX was designed specifically for perpetual swaps and works differently than other DEXs such as Uniswap.

(DALL-E/CoinDesk)