CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

First Mover Asia: Bitcoin Holds Its $17K Perch Amid Rate Hike Concerns

ALSO: Sam Reynolds writes that Asia is ready for a scaled up, crypto-friendly bank, particularly if the U.S. oversteps in regulating the industry following the recent FTX debacle.

By Sam Reynolds James Rubin

Dec 7, 2022 at 2:08 a.m. UTC

Dec 7, 2022

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(Grayscale CEO Michael Sonnenshein, CoinDesk TV, modified by CoinDesk)

Crypto Markets Today: Fir Tree Suit Against Grayscale Adds to Industry’s Growing Woes

The hedge fund wants more details about the Grayscale Bitcoin Trust, which has fallen in value by nearly 75% this year.

By Jocelyn Yang

Dec 6, 2022 at 10:28 p.m. UTC

Dec 6, 2022

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CDCROP: Hourglass on table office with copy space, Sand flowing through the bulb of Sandglass measuring the passing time. countdown, deadline, Life time and Retirement concept (Getty Images)

Two Technical Bitcoin Indicators Diverge; Each Has Value Depending on Investors' Timelines

The RSI indicates bitcoin is fairly valued and may be of greatest interest for traders seeking quick gains. The MVRV ratio implies prices are cheap and more pertinent for investors looking longer term.

By Glenn Williams

Dec 6, 2022 at 9:07 p.m. UTC

Dec 6, 2022

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CDCROP: Old vs New Restored Vehicle Automobile (Unsplash)

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Bitcoin Underperforms S&P 500 as Stocks Have Overshot Fundamentals, Crypto Trading Firm QCP Says

Stocks have overtaken fundamentals and could soon fall back, QCP said.

By Omkar Godbole

Dec 6, 2022 at 2:32 p.m. UTC

Dec 6, 2022

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CDCROP: Financial professionals sit in the Goldman Sachs booth on the floor of the New York Stock Exchange (Chris Hondros/Getty Images)

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First Mover Americas: Goldman to Spend Big on Crypto Post-FTX

The latest price moves in crypto markets in context for Dec. 6, 2022.

By Lyllah Ledesma Omkar Godbole

Dec 6, 2022 at 1:15 p.m. UTC

Dec 6, 2022

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CDCROP: Gate, Door, Exit (Tama66/Pixabay)

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Bitcoin's Stagnant Crypto Dominance Points to Investor Exodus After FTX Bankruptcy

One analyst said investors are turning to cash.

By Omkar Godbole

Dec 6, 2022 at 8:56 a.m. UTC

Dec 6, 2022

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CDCROP: Bike riding (Marianna Lutkova/Unsplash)

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First Mover Asia: Bitcoin Falls on Inflation Fears but Continues Its Ride Above $17K

ALSO: Sam Reynolds writes that Taiwan-based technology conglomerate HTC is looking to take its virtual headset business public in the U.S. as part of a quest to help cultivate the metaverse. But is the company going in the wrong direction?

By Sam Reynolds James Rubin

Dec 6, 2022 at 3:54 a.m. UTC

Dec 6, 2022

First MoverAsia PacificBitcoinEtherAltcoins