The big upside action in major cryptos of late has been in altcoins such as solana SOL$198.37 and dogecoin DOGE$0.2076, with SOL sporting a 17% gain over the past seven…
Policymakers of various stripes spoke at the SALT Wyoming conference this week in Jackson Hole, Wyoming.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and…
Perhaps surprising markets which had expected a hawkish tone, Federal Reserve Chair Jerome Powell firmly put a September rate cut on the table on Friday.Speaking at the Kansas City Fed's…
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Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC,…
By Shaurya Malwa (All times ET unless indicated otherwise)Bitcoin BTC$112,040.84 is sitting around $113,00 having failed to clear $115,000. Not so long ago, when it was setting new highs and…
Ethereum (ETH) made quite a recovery today, registering more than 3% gains in the daily charts at one point. ETH’s price hit $4368.07 earlier today, but has since fallen to…
Bitcoin hovered above $113,600 on Thursday after a slight rebound, with traders watching Powell’s address for clues on whether the central bank is ready to endorse rate cuts in…
In brief
Options data indicates that Bitcoin traders are split, with nearly equal bullish and bearish block trades.
Experts suggest markets will be closely watching for Powell’s tone if there’s no…
Move over Jackson Hole and inflation fears. The real driver behind the recent swoon in crypto and stock markets is likely the impending liquidity drain stemming from the U.S. government’s…