Cryptocurrency Markets

There's suddenly a halo around Loopring in cryptocurrency markets. (Art Institute of Chicago, modified by CoinDesk)
Loopring Price Up 7-Fold This Month on GameStop Speculation, Metaverse Bets
The token has surged from below $1 to over $3 in the space of weeks.
There's suddenly a halo around Loopring in cryptocurrency markets. (Art Institute of Chicago, modified by CoinDesk)

Bitcoin and ethereum hourly chart (Trading View)
Bitcoin Retreats From All-Time High, Ether Follows
The shakeout appeared to coincide with a turn lower in U.S. stock markets.
Bitcoin and ethereum hourly chart (Trading View)

(ATU Images/Getty Images)
As Crypto Bulls And Bears Abound, Who Should You Believe?
Many crypto critics and enthusiasts are focused on cryptocurrencies as investible asset classes. Yet the true staying power of digital assets is in the growth and potential of...
(ATU Images/Getty Images)

Bitcoin's hourly price chart showing a rally to new record high after CPI release. (TradingView/CoinDesk)
Bitcoin Jumps to New All-Time High as Inflation Spikes to 6.2% in October
Bond traders are increasing their bets on faster inflation after the U.S. consumer price index jumped 6.2% in the 12 months through October, the highest rate in three decades....
Bitcoin's hourly price chart showing a rally to new record high after CPI release. (TradingView/CoinDesk)

Inflation worries are front and center from cryptocurrencies to traditional markets. (Art Institute of Chicago, modified by CoinDesk)
US Inflation’s 3-Decade-High Surge Provides Tailwind for Bitcoin
The Labor Department’s Consumer Price Index is closely tracked by bitcoin traders because the cryptocurrency is seen by some investors as a hedge against inflation.
Inflation worries are front and center from cryptocurrencies to traditional markets. (Art Institute of Chicago, modified by CoinDesk)

The chart shows Ethereum alternatives such as Polkadot's DOT and Solana's SOL are outperforming bitcoin and ether. (TradingView)
Ethereum Alternatives and Gaming Tokens Outperform BTC and ETH
Solana’s SOL hit an all-time high of $246 on Wednesday and the token is up 5% in the last 24 hours. Polkadot (DOT) is up 7%.
The chart shows Ethereum alternatives such as Polkadot's DOT and Solana's SOL are outperforming bitcoin and ether. (TradingView)

The shiba inu coin (SHIB) bounded ahead, beating bitcoin (BTC) as well as dogecoin (DOGE) in an unusually strong month for cryptocurrencies. (Pixabay)
Meme Tokens Led ‘Uptober’ as SHIB Mooned 765%
Bitcoin, which jumped 40% in October, wasn’t the only dog in the hunt.
The shiba inu coin (SHIB) bounded ahead, beating bitcoin (BTC) as well as dogecoin (DOGE) in an unusually strong month for cryptocurrencies. (Pixabay)

Shiba inu, the dog breed that inspired both DOGE and SHIB, is on a wild ride in the cryptocurrency markets. (Unsplash, modified by CoinDesk)
Shiba Inu Jumps 70% to Surpass Market Value of Robinhood – Where It’s Not (Yet) Listed
The “dogecoin killer” now has a market value of more than $39 billion; HOOD’s market cap is at $29 billion.
Shiba inu, the dog breed that inspired both DOGE and SHIB, is on a wild ride in the cryptocurrency markets. (Unsplash, modified by CoinDesk)

Bitcoin’s 1-minute price chart shows drop to $8,200 at 11:34 UTC. (TradingView/CoinDesk)
Bitcoin Price Flash Crash on Binance.US Attributed to Trader Algorithm Bug
It all happened in a blip, and an exchange official says the institutional trading customer has since fixed the issue.
Bitcoin’s 1-minute price chart shows drop to $8,200 at 11:34 UTC. (TradingView/CoinDesk)

Ether and bitcoin daily charts (TradingView)
Ether Awaits Price Breakout After Bitcoin’s Record Daily Close
Ether lags bitcoin as the latter nears a record high price.
Ether and bitcoin daily charts (TradingView)