First Mover: Compound’s COMP Token More Than Doubles in Price Amid DeFi Mania
Compound's new COMP token is only five days old but its price is soaring. Observers tie the rally to speculation over the future growth of decentralized finance.
Compound's new COMP token is only five days old but its price is soaring. Observers tie the rally to speculation over the future growth of decentralized finance.
Miner outflows of bitcoin have dropped to decade lows, with analysts saying a hoarding mentality and a drop in issuance after the halving are responsible.
Most markets are quiet while activity seems to be increasing on Ethereum’s DeFi network - which could help explain ether’s outperformance of bitcoin in 2020.
Traders may now be able to hedge the risks they face from interest rate payment fluctuations in perpetual contracts.
With the global economy in deep water amid the coronavirus crisis, some cryptocurrency analysts are starting to wonder if a correction in U.S. stocks might prompt another "Black Thursday" crash.
Bitcoin's Mayer multiple indicates the cryptocurrency is undervalued despite having rallied by over 40% this quarter.
There is little to no excitement in the markets today with bitcoin staying steady, which has been the case for its overall price performance the past six weeks.
Bitcoin's rally has stalled since the May halving, but that hasn't deterred large investors from accumulating coins, data shows.
The frenzy around decentralized lender Compound's new governance token reveals growing excitement for the DeFi space overall.
One of the top U.S. exchanges, Kraken is extending its operations Down Under for crypto trading in AUD.
Equities are winning while bitcoin traders experience a dip in crypto volumes.
Today's stablecoin market mirrors the “wildcat banking” era of the mid-1800s, when banks printed their own dollars. Like then, federal intervention is likely.
It’s costing more to use Ethereum and that may be because more users are flocking to the platform than ever before, according to one key on-chain metric.
Stocks keep crypto down while Africa gets Lightning Nodes. It's CoinDesk's Markets Daily Podcast.
A fresh stimulus "bazooka" from the Fed Reserve and the U.S. government lifted prices for both stocks and bitcoin.
Central bank stimulus – negative interest rates or asset purchases – are just two sides of the same coin that both strengthen the case for bitcoin.
Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, fell below $2 Monday, their lowest after going public last year.
Roller-coaster daily trading for bitcoin Monday isn't convincing traders a larger crypto bull market is in the cards.
CME Group’s bitcoin options market grew tenfold within a month and recorded six consecutive all-time highs for open interest so far this month.
A majority of bitcoins haven’t moved in at least a year, according to on-chain data, signaling investor confidence amid macroeconomic uncertainty.
OKEx is partnering with Paxful, adding more than 160 fiat currency onramps to its crypto exchange business.
Cardano's ADA token is racking up impressive gains this year, possibly over speculation the network's early adoption of a proof-of-stake blockchain might help it win a growing share of the DeFi space.
The put-call volume ratio of bitcoin options suggests Monday's price decline could be short-lived. However, the cryptocurrency remains vulnerable to a further sell-off in stocks.
One overlooked aspect of crypto markets is that transparency and choice holds participants accountable in ways traditional markets have not experienced.
The crypto market seems more closely tied to traditional markets now, but is handily beating stocks year-to-date.
Illogical stock movements demonstrate the need for new ways to allocate capital. Yes, it's time to talk about token offerings once more.
Fear has crept back into cryptocurrency and traditional financial markets, with bitcoin falling alongside U.S. stocks on Thursday.
The week-long calm in the bitcoin market ended with a sudden $800 price drop on Thursday. Here's three likely reasons why.
A somber economic outlook ahead is causing markets to dip, and bitcoin is a part of that sentiment as well.
With the Fed dashing hopes of a V-shaped recovery, it's uncertain whether bitcoin will become a store of value or begin to track stocks.