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The native token of the Solana protocol recently fell over 6%; bitcoin and ether dropped more modestly as investors await the midterm elections and latest inflation data. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets. Original Source
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An ongoing selloff in the FTX Token (FTT) market could worsen in the coming months owing to a mix of pessimistic technical and fundamental indicators.FTT could plunge 30%From a technical perspective, FTT has formed an inverse-cup-and-handle pattern on the daily chart, identifiable by its crescent-shaped price trend followed by a
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Routing protocol pNetwork said it's working with Gala on a "misconfiguration" and that "all GALA tokens on Ethereum as well as the underlying bridge collateral are SAFE." Original Source
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Argo Blockchain's plan to raise $27 million from a strategic investor has fallen through, the company said. Source
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Shares of bitcoin miner Core Scientific (CORZ) fell another 14% Friday after a rough week amid financial woes and analyst downgrades. Source
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Shares of big tech companies slid on Wednesday and Thursday following dismal earnings reports. Original Source
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Ethereum has witnessed a substantial drop in its daily active address (DAA) count over the last four months, raising fears about more downside for ETH (ETH) price in the coming weeks.Stagnant Ethereum price spooks investorsThe number of Ether DAA dropped to 152,000 on Oct. 21, its lowest level since June, according
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● CoinDesk Market Index (CMI): 944.23 +0.4% ● Bitcoin (BTC): $19,373 +1.2% ● Ether (ETH): $1,294 −0.4%
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The news sent bitcoin (BTC) tumbling to $18,100 – not far off from its 2022 low of $17,600. At press time, the price has bounced modestly to $18,400. The major U.S. stock market averages all fell more than 2%, but are currently trying to mount a mid-morning bounce, with the
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