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    Valid Points: Are We Witnessing the Death of DeFi Tokens?

    Valid Points: Are We Witnessing the Death of DeFi Tokens?

    This article originally appeared in Valid Points, CoinDesk’s weekly newsletter breaking down Ethereum 2.0 and its sweeping impact on crypto markets. Subscribe to Valid Points here.The term “DeFi Summer” was coined after the birth and success of governance tokens and...
    Bitcoin Flash Crashes to $5K on Pyth Network’s Data Feed

    Bitcoin Flash Crashes to $5K on Pyth Network’s Data Feed

    Bitcoin briefly crashed to $5,402 (not a typo) Monday on Pyth Network oracle’s BTC/USD feed, causing liquidations to occur on a highly uncertain published price.Between 12:21 and 12:23 UTC the Pyth BTCUSD aggregate price was below $40,000 – the lowest price reported...
    Bitcoin Oversold at Support; Resistance at $47K

    Bitcoin Oversold at Support; Resistance at $47K

    Bitcoin (BTC) is holding support above $40,000, which could stabilize the pullback and encourage short-term buyers to return. However, upside appears to be limited given strong resistance around $47,000-$50,000.The cryptocurrency was trading around $42,000 at press...
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