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As Bitcoin Teases 100-Day Average, Prominent Traders Say Latest Crypto Bounce Looks More Constructive Than August
The latest bounce could have legs as the market seems to have moved past the summer gloom and doom and miners have slowed coin sales amid positive macro developments.
In Topsy-Turvy Market Logic, Positive US GDP Could Be Negative for Crypto
Analysts estimate the U.S. economy grew by 2% in the third quarter of the year, upending a streak of two straight quarters of contraction.
Bitcoin Jumps to $21K After Soft US Data, Less Hawkish Bank of Canada
The world's largest cryptocurrency by market volume is up by more than 7% on Wednesday to its highest level in more than a month.
Crypto Markets See Largest Short Liquidations in 15 Months; Ether Leads Token Surge
Crypto exchange FTX saw some $500 million in liquidations alone, a larger-than-usual figure.
Crypto Game Axie's AXS Tokens Get Unlocked, Recipients Send $5.7M Worth to Exchanges
Axie Infinity released the first batch of 10 million previously restricted tokens to early investors and insiders, blockchain data shows. Crypto asset management firm Arca already deposited freshly-claimed AXS tokens to the FTX exchange – a move that sometimes indicates an inclination to dump.
Anyone Can Start a Hedge Fund: How On-Chain Credit Changes the Crypto Economy
Undercollateralized loans open crypto into new forms of financing, and could spur a wave of trading activity and capital formation.
Compound Pauses YFI, ZRX, BAT and MKR Supply to Protect Against Potential Exploits
Attackers have recently been exploiting DeFi protocols by manipulating thinly traded tokens and eventually draining liquidity.
Peter Brandt: BTC Will Hit All-Time Highs in 3 Years – but First, $13K
Bitcoin expects to chop a little, moving between $17,000 and $23,000 for the next year, Peter Brandt tells CoinDesk TV.
MakerDAO Members Support Founder's 'Endgame' Plan to Break Up into MetaDAOs, $2.1B of Transfers
Community members will move ahead with founder Rune Christensen's ambitious plan to break up the protocol into MetaDAOs.
