CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

Market Wrap: Bitcoin, Other Cryptos Continue to Plummet

Crypto prices whipsawed following the announcement that Binance would be purchasing one of its largest rivals, and then said it won't.

By James Rubin Sage D. Young Jocelyn Yang

Nov 9, 2022 at 10:16 p.m. UTC

Nov 9, 2022

CDCROP: Founder and CEO of Binance Changpeng Zhao, commonly known as "CZ", attends the "CZ meets Italy" at Palazzo Brancaccio on May 10, 2022 in Rome, Italy. (Antonio Masiello/Getty Images)

Markets

First MoverAsia PacificBitcoinEtherAltcoinsFTXBinance

First Mover Asia: Prediction Markets Split if Binance Will Pull Out of FTX Deal; Bitcoin Drops 11%

Investors on Polymarket think there’s a 45% chance that Binance will pull out of the FTX deal and a 55% chance the deal goes through.

By Sam Reynolds James Rubin

Nov 9, 2022 at 2:43 a.m. UTC

Nov 9, 2022

Markets

Market Wrap: Binance/FTX Deal Sends Bitcoin, Other Cryptos Spiraling

Crypto prices whipsawed following the announcement that Binance would be purchasing one of its largest rivals.

Nov 8, 2022 at 11:14 p.m. UTC

Nov 8, 2022

Sam Bankman-Fried, CEO of FTX (Jess Hamilton/CoinDesk)

Markets

First MoverAsia PacificBitcoinEtherAltcoinsSolana

First Mover Asia: A Good Week for Exchange Tokens, Except FTT; Solana Continues Falling

During the past week, a number of exchange tokens have outperformed bitcoin, including OKX and CRO. FTT is not among them.

By Sam Reynolds James Rubin

Nov 8, 2022 at 2:23 a.m. UTC

Nov 8, 2022

CDCROP: Polar Bears Underwater (Eva Blue/Unsplash)

Markets

Market Wrap: Solana Plunge Highlights Major Cryptos’ Day in the Red

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.

Nov 7, 2022 at 10:27 p.m. UTC

Nov 7, 2022

CDCROP: JP Morgan building (Shutterstock)

Markets

First MoverAsia PacificBitcoinEtherAltcoinsTradingInvestingSolanaFTXSam Bankman-FriedCZ

First Mover Asia: FTX's Sam Bankman-Fried Talks Consumer Protection and Crypto Titans Clash

Consumer protection and regulation are key ingredients to transforming digital assets into an asset class worth trillions. The FTX exchange's Sam Bankman-Fried weighs in. Meanwhile, FTX's FTT token takes a dive after rival Binance announces plans to dump its remaining holdings.

By James Rubin Sam Reynolds Bradley Keoun

Nov 7, 2022 at 12:47 a.m. UTC

Nov 7, 2022

Markets

Market Wrap: Cryptos Rise in an Eventful Week; Bitcoin Hovers Over $21K, Ether Soars

A surprisingly robust jobs report and other signals spur investors’ return to riskier assets.

Nov 4, 2022 at 8:48 p.m. UTC

Nov 4, 2022

CDCROP: FTX CEO Sam Bankman-Fried (Craig Barritt/Getty Images)

Markets

First MoverAsia PacificBitcoinEtherAltcoins

First Mover Asia: Alameda Research, FTX Are Bound to Each Other; Bitcoin Trades Sideways, Dogecoin Plunges Late as Twitter Halts Work on Crypto Wallet

A recent Alameda document showed the biggest asset on the organization's balance sheet was FTX’s FTT token.

By Sam Reynolds James Rubin

Nov 4, 2022 at 2:24 a.m. UTC

Nov 4, 2022

CDCROP: AI Artwork Charts Graphs Indicies Market (Midjourney/CoinDesk)

Markets

Market Wrap: Ether, Other Cryptos Rise Despite Unsettling Inflationary Concerns

Bitcoin was trading sideways but other major cryptos were solidly in the green despite a jumbo interest rate hike by the Bank of England and a dip in jobless claims.

Nov 3, 2022 at 9:45 p.m. UTC

Nov 3, 2022