Trading

A sly ape (Rob Tol)
BAYC’s ApeCoin Jumps 13%, Causes $4.5M in Futures Liquidations
Traders are losing big money on the recently-issued token.
A sly ape (Rob Tol)

Bitcoin weekly price chart shows support/resistance. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin Faces Initial Resistance at $46K; Support at $42K
Seasonal strength could keep buyers active within the year-long price range.
Bitcoin weekly price chart shows support/resistance. (Damanick Dantes/CoinDesk, TradingView)

Anchor chains (Pixabay, modified by CoinDesk)
Anchor Protocol Will Readjust Interest Rates Each Month, ANC Falls by 5%
Rates will drop, or increase, 1.5% per month on the popular lending protocol until the yield reserve starts to increase.
Anchor chains (Pixabay, modified by CoinDesk)

The line to get into Avalanche's conference in Barcelona on Tuesday. (Lyllah Ledesma/CoinDesk)
Avalanche Crypto Event Woos 3.5K to Barcelona With Late Parties, Late Starts, Long Lines
There's plenty of tapas with the video art exhibits, and the official events don't even start until noon. Nobody seems too bothered about this year's decline in the AVAX token...
The line to get into Avalanche's conference in Barcelona on Tuesday. (Lyllah Ledesma/CoinDesk)

Bitcoin daily price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)
Bitcoin Strengthens Above $43K; Resistance at $46K-$51K
Momentum signals are on the verge of turning positive for the first time since August 2021.
Bitcoin daily price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

Bitcoin four-hour price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)
Bitcoin Holds Support Above $40K; Initial Resistance at $46K
Buyers remain active on pullbacks, keeping support levels intact.
Bitcoin four-hour price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Bitcoin was up 4.1% in the past 24 hours. (CoinDesk)
Bitcoin Price Breaks Out to Highest in Almost 3 Weeks
Bitcoin's price is moving in line with major indices, but it's too early to say whether this is a sustained rally.
Bitcoin was up 4.1% in the past 24 hours. (CoinDesk)