First Mover Americas: FTX Faces Whopping Claims, Ackman's Hot for Helium
The latest price moves in crypto markets in context for Nov. 21, 2022.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/C3XMIMAHLFFCXGZSZXPOZP4EWM.jpg)
Sponsored
Nov 21, 2022 at 1:42 p.m. UTC
Nov 21, 2022
Bitcoin
:format(webp)/downloads.coindesk.com/arc/failsafe/placeholders/16x9.png)
Bitcoin is the pioneer of blockchains and cryptocurrencies, introduced in a white paper released in 2008 by an apparently pseudonymous person or group of people known as Satoshi Nakamoto. The document described a peer-to-peer method of transferring money without the use of financial institutions. The cryptocurrency known as bitcoin or BTC debuted in 2009. Transactions are recorded on a public ledger (a blockchain) by entities known as miners who engage in process called proof-of-work. Miners are rewarded for doing that by getting newly minted bitcoin. Some proponents view BTC as an alternative to fiat currencies and a hedge against inflation. Bitcoin has inspired the creation of numerous other cryptocurrencies and blockchain projects.
DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/RD4ODZUYWVA7FJA22QSPE3VKTY.png)
More Than 50% of Bitcoin Addresses Are Now in Loss
Previous bear markets ended with the majority of addresses being out of the money, on-chain data shows.
Sponsored
Nov 21, 2022 at 11:57 a.m. UTC
Nov 21, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/5VUH2S2BRJDFDMJ2RN6TYAJZVE.jpg)
First Mover Asia: Cryptos Dive Deep Into the Red
ALSO: Sam Reynolds writes that the crypto industry might be better off in the long run if some major initiatives wind down.
Sponsored
Nov 21, 2022 at 1:28 a.m. UTC
Nov 21, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/NLAQNN5WM5GRFDBV23KH3WYMBM.jpg)
Understanding the FTX Fallout From the Eyes of a Bitcoiner
The financialization, tokenization and the chase of short-term profits seen across Sam Bankman-Fried's trading empire is peak Wall Street.
Sponsored
Nov 19, 2022 at 4:14 p.m. UTC
Nov 19, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/OPDGAKKQMBGSFFVIVIVYAG2RVA.jpg)
Market Wrap: Investors Continue to Learn More About FTX's Mismanagement
Bitcoin and ether held steady at their most recent support levels.
Sponsored
Nov 18, 2022 at 11:37 p.m. UTC
Nov 18, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/6P7AIAUQYVHAJPLUUHG5EKBNTE.jpg)
Crypto Market Analysis: Roller-Coaster Week Ends With Bitcoin Volatility Falling
ALSO: This week’s Fed commentary provided something for doves, hawks and those in between. BTC and USD move in tandem.
Sponsored
Nov 18, 2022 at 10:30 p.m. UTC
Nov 18, 2022
:format(webp)/cdn.jwplayer.com/v2/media/LjMBI0Jr/poster.jpg)
Bitcoin Trading Sideways Around $16K Amid FTX Gloom
CoinDesk Markets Managing Editor Brad Keoun and Tech Managing Editor Christie Harkin review the impact of crypto exchange FTX's implosion on bitcoin as the cryptocurrency cont...
Sponsored
Nov 18, 2022 at 9:05 p.m. UTC
Nov 18, 2022
:format(webp)/cdn.jwplayer.com/v2/media/VqSX2ZvZ/poster.jpg)
Bitcoin Outlook Amid Record Outflows in Wake of FTX Collapse
CoinDesk's Brad Keoun and Christie Harkin discuss their outlook for bitcoin (BTC) outflows from centralized exchanges and the wider crypto markets amid the continued FTX conta...
Sponsored
Nov 18, 2022 at 8:56 p.m. UTC
Nov 18, 2022
:format(webp)/cdn.jwplayer.com/v2/media/LjGdkx2E/poster.jpg)
Crypto’s Swooning: Total Market Cap Falling to Early 2021 Levels
On the heels of the collapse of crypto exchange FTX, crypto’s overall market cap has sunk to as low as $763 billion from a peak of $2.5 trillion in May 2021. Bitcoin’s market...
Sponsored
Nov 18, 2022 at 8:52 p.m. UTC
Nov 18, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/ZEHNAVGSVRDSVKX55HSAX4UIHI.png)
‘Grayscale Discount’ Widens to Record 43% as FTX Contagion Spreads
The added pressure comes after Genesis Global Capital – a corporate sibling to bitcoin trust manager Grayscale Investments – halted customer withdrawals from its lending unit...
Sponsored
Nov 18, 2022 at 8:48 p.m. UTC
Nov 18, 2022