Investing

(moonjazz via Flickr)
Crypto Trader Tantra to Liquidate After 'GBTC Discount' Widens to Record
The Grayscale Bitcoin Trust (GBTC) has been trading at a steep discount since last February, but a further widening proved too much for one trading firm.
(moonjazz via Flickr)

Ice cream sundaes. (RitaE/Pixabay)
Cardano-Based Decentralized Exchange SundaeSwap Off to Rocky Start
Users have complained that they have not received their tokens after swapping Cardano's ADA tokens for SUNDAE.
Ice cream sundaes. (RitaE/Pixabay)

Bitcoin four-hour price chart shows support/resistance and RSI on bottom (Damanick Dantes/CoinDesk, TradingView)
Bitcoin Holding Support Above $40K; Faces Resistance at $43K-$45K
Buyers could remain active into the Asia trading day as momentum improves.
Bitcoin four-hour price chart shows support/resistance and RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

GBTC discount (Skew)
Grayscale Bitcoin Trust Discount Hits Record at 26.5%
Analysts don't expect a spot bitcoin ETF conversion anytime soon, and in the meantime, investors in the GBTC fund are getting charged fees.
GBTC discount (Skew)

Axie Infinity reached a record-high of $2.5 billion in trading volume in September. (AxieInfinity.com)
Number of 'Active' Blockchain Games Doubled in Past Year to Almost 400
The prices of tokens for gaming projects like Axie Infinity have fallen recently, but user metrics in this subsector of cryptocurrencies are soaring.
Axie Infinity reached a record-high of $2.5 billion in trading volume in September. (AxieInfinity.com)

Markets Daily Podcast Cover
Crypto News Roundup for Jan. 19, 2022
With crypto markets stabilizing after a recent slump and a look at Mr. Wonderful’s rules for crypto diversification, CoinDesk’s Markets Daily is back with the latest news roun...
Markets Daily Podcast Cover

Tyrone Ross
Advisers, Pay Attention to Stablecoins
Infrastructure changes need to happen in the wealth management industry for stablecoins to become integrated.
Tyrone Ross

Digital asset investment products saw outflows totalling a weekly record of $73 million, the fifth week of outflows. (CoinShares)
Digital Asset Funds Hit by 5th Week of Outflows
Investment funds focused on bitcoin accounted for $55 million of the $73 million of outflows last week.
Digital asset investment products saw outflows totalling a weekly record of $73 million, the fifth week of outflows. (CoinShares)

Bitcoin dropped below $40,000 on Monday (CoinDesk)
After Bitcoin’s Weak Start to the Year, Analysts Now Predict Price Increase
One analyst sees stubbornly high inflation numbers coupled with a continuation of negative real interest rates as key market catalysts.
Bitcoin dropped below $40,000 on Monday (CoinDesk)

(James St. John/Creative Commons)
There's a Reason Bitcoin's Worth 500 Barrels of Oil: Bloomberg's McGlone
“Supply, demand, adoption and advancing technology point to the crypto continuing to outperform fossil fuel in the next 10 years," according to the commodities analyst.
(James St. John/Creative Commons)