Cryptocurrency James Rubin is CoinDesk’s U.S. news editor based on the West Coast. Good morning. Here’s what’s happening: Prices: Bitcoin regained its grip over 16K after dipping to a two-year low earlier in the week. Insights: Changpeng Zhao and Elon Musk have been pointed in recent comments about FTX and the rapidly growing fallout. Did they go too far? Bitcoin Recovered From Its Monday Slumber Bitcoin awakened from an early-week slumber to rest snugly above its previous $16,000 support. The largest cryptocurrency by market capitalization was recently trading about $16,200, up 2.5% as crypto markets returned to tracking stocks, which […]

Bitcoin James Rubin is CoinDesk’s U.S. news editor based on the West Coast. Good morning. Here’s what’s happening: Prices: Bitcoin continued to trade sideways and hold comfortably above its $16,000 support. Insights: FTX’s failure has parallels to energy company Enron’s massive bankruptcy two decades ago, including now the presence of John J. Ray to oversee the wreckage. Sam Reynolds considers the messes. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. And sign up for First Mover, our daily newsletter putting the latest moves in crypto markets in context. Bitcoin Ignores the Chaos […]

Bitcoin Good morning. Here’s what’s happening: Prices: Bitcoin and other cryptos spent their day in the green as investors relished encouraging inflation data. Insights: How intertwined were FTX and Alameda Research? The answer may soon be forthcoming. BTC/ETH prices per CoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET Cryptos See Deep Green as Investors Relish U.S. Inflation Report After rallying on Thursday amid encouraging U.S. inflation data, bitcoin found a happy nesting place near $17,000. The largest cryptocurrency by market capitalization was recently trading at $16,970 a more than 4% gain over the past […]

James Rubin is CoinDesk’s U.S. news editor based on the West Coast. Good morning. Here’s what’s happening: Prices: Bitcoin, ether and other major cryptos plummet on a turbulent day in digital asset markets. Insights: Prediction markets are split whether Binance will follow through on its proposed acquisition of FTX. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. And sign up for First Mover, our daily newsletter putting the latest moves in crypto markets in context. BTC/ETH prices per CoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET […]

Bitcoin James Rubin is CoinDesk’s U.S. news editor based on the West Coast. Good morning. Here’s what’s happening: Prices: Solana’s SOL token continues its plunge. Bitcoin and ether drop slightly ahead of the U.S. mid-term elections and the latest inflation figures. Insights: A number of exchange tokens have outperformed bitcoin over the past week. FTT was not among them. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. And sign up for First Mover, our daily newsletter putting the latest moves in crypto markets in context. BTC/ETH prices per CoinDesk Indices; gold is […]

Cryptocurrency Good morning. Here’s what’s happening: Prices: Bitcoin has a rare day to celebrate, surging past $20K; ether surpasses $1.5K. Axie’s AXS tokens get swept up in short squeeze despite the risk that some recipients of an “unlock” might soon move to dump their holdings. Insights: Chinese intelligence officers attempted to use bitcoin to bribe an undercover FBI agent. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. And sign up for First Mover, our daily newsletter putting the latest moves in crypto markets in context. Bitcoin Has a Rare Swing Upwards After […]

Cryptocurrency James Rubin is CoinDesk’s U.S. news editor based on the West Coast. Good morning. Here’s what’s happening: Prices: Bitcoin’s late dip doesn’t shake it from its $19K perch. Insights: What is Logan Paul’s “Bumblebee” NFT worth? Probably more than some observers thought. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. And sign up for First Mover, our daily newsletter putting the latest moves in crypto markets in context. ● Bitcoin (BTC): $19,050 −2.0% ● Ether (ETH): $1,280 −3.3% ● CoinDesk Market Index (CMI): 936.68 −2.7% ● S&P 500 daily close: 3,612.39 […]

Cryptocurrency Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets. Omkar Godbole was a senior reporter on CoinDesk’s Markets team. Price Point: Bitcoin rises above $20,000, as risky assets climb on the hopes that central banks will pivot away from their money-tightening policies. Market Moves: Bitcoin’s bullish momentum is building. Chart of the Day: Financial stress remains contained, weakening the case for the so-called Fed pivot. This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to […]

Bitcoin James Rubin is CoinDesk’s U.S. news editor based on the West Coast. Michael J. Casey is CoinDesk’s Chief Content Officer. Good morning. Here’s what’s happening: Prices: Bitcoin started what has historically been a strong month about where it ended a dismal September, holding over $19K. Insights: USDC’s stablecoin-fueled model of money, in which the dollar functions as an open “protocol,” could allow innovation to flourish. But healthy competition is a prerequisite. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. And sign up for First Mover, our daily newsletter putting the latest […]

Bitcoin Good morning. Here’s what’s happening: Prices: Bitcoin, ether and most other major cryptos declined a day before the U.S. central bank announces its latest interest rate decision. Insights: Should the Ethereum network be subject to U.S. securities law? That question is at the heart of an SEC case against crypto promoter Ian Balina. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. And sign up for First Mover, our daily newsletter putting the latest moves in crypto markets in context. ● Bitcoin (BTC): $18,875 −3.4% ● Ether (ETH): $1,323 −4.1% ● CoinDesk […]