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Fear of a global recession impact equities and fiat currencies. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets. Original Source
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Cosmos was once again in the green, as the token moved closer to a four-month high during Friday’s session. Prices rose past a key resistance level during the day, as bullish sentiment continued to rise. Chainlink also traded higher, as prices surged for a third straight session. Cosmos (ATOM) Cosmos (ATOM) continued
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The bank said that a key risk for Coinbase realizing its interest income is the possibility of reduced holding of USDC and fiat currency with the exchange. “We see the potential for institutional investors to hold less USDC given the opportunity cost of holding quasi-cash that doesn’t offer a yield.
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The crypto market crash started from the Feds and its fight against inflation. The announcement to increase interest rates caused a panic
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As September 13th, the date of the much anticipated Ethereum mainnet merge approaches, the crypto community believes it will determine the fate
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While BTC technical indicators are signaling traders to buy, Fed actions and the strength of the U.S. dollar suggest that traders should wait. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets. Original Source
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Bitcoin is consolidating above the $19,500 support against the US Dollar. BTC could start a major increase considering the recent rise in
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In eight days Ethereum is planning to undergo one of the most intensive upgrades since the DAO hard fork in 2016, as The Merge aims to change the network’s consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS). Amid the lead-up to The Merge, the decentralized finance (defi) and liquid staking
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Non-fungible token (NFT) sales jumped 26.76% higher this week, as NFT sales statistics show that $180.43 million in NFT trades were recorded this week compared to last week’s $142.33 million. While Ethereum-based NFTs captured the lion’s share of volume this week with $79.2 million, Ethereum-based NFT sales are down 23.65%
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Dogecoin (DOGE) price looks bullish with the $0.06 support maintaining its stance and could potentially reverse the market overnight.
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