Oliver Knight
Oliver Knight is the co-leader of CoinDesk data tokens and data team. Before joining CoinDesk in 2022 Oliver spent three years as the chief reporter at Coin Rivet. He first started investing in bitcoin in 2013 and spent a period of his career working at a market making firm in the UK. He does not currently have any crypto holdings.
46 articles
Bitcoin Surpasses $80,000 as Altcoins Gain Momentum
Bitcoin breaks the $80,000 mark, trading at approximately $80,690, amidst a rally in altcoins and a positive shift in market sentiment, according to CoinDesk. Altcoins like Toncoin and Ethereum have posted significant gains as traders increase their stakes in riskier assets.
2 months ago·CoinDesk·Reported by Oliver Knight
Bitcoin Rises to $77K but Trades Range-Bound Amid Negative Funding
Bitcoin increases to $77,250 after finding support at $75,000, but negative funding rates and unchanged open interest suggest a cautious market outlook, according to CoinDesk. Traders continue to maintain short positions, reflecting skepticism toward any potential rally.
2 months ago·CoinDesk·Reported by Oliver Knight
Hyperliquid Plans to Compete with Polymarket by Introducing Zero-Fee Betting
On April 29, 2026, Hyperliquid announced plans to challenge Polymarket with a new fee structure for trading outcome tokens in prediction markets, according to CoinDesk. The platform aims to allow zero-fee entry for event betting while integrating crypto assets and real-world events in one account, as part of a broader market expansion.
2 months ago·CoinDesk·Reported by Oliver Knight
Bitcoin Rebounds from $75,600 Support Level, Eyes $80,000 Target
Bitcoin rises to $77,700 after sustaining support at $75,600, reflecting traders' optimism towards another push to $80,000, according to CoinDesk. Despite buoyant sentiment in the memecoin market, futures data indicate a trend of de-risking and potential bearish outlooks among some analysts.
2 months ago·CoinDesk·Reported by Oliver Knight
Crypto traders exercise caution as Bitcoin struggles to break $80,000
Bitcoin and ether experience around 0.75% declines after Bitcoin’s inability to breach the $80,000 resistance level, signaling caution among traders, according to CoinDesk. Decreased crypto derivatives activity and bearish signals from key price indicators suggest reduced market optimism.
2 months ago·CoinDesk·Reported by Oliver Knight
Bitcoin Sees Drop as Oil Prices Surge, Altcoins Suffer
CoinDesk reports that Bitcoin peaked at $79,500 before turning downwards, affected by rising oil prices and overall market volatility. The selloff has particularly impacted altcoins, with tokens like LDO dropping significantly as the crypto market reacts to economic tensions.
2 months ago·CoinDesk·Reported by Oliver Knight
DeFi Resilience Amid Exploits and Investor Exit
CoinDesk reports that decentralized finance (DeFi) is enduring, despite recent setbacks from a $292 million exploit and a $13 billion drop in total value locked (TVL). While these events triggered significant outflows, they highlight a broader trend of capital rotation within DeFi, particularly as users shift their investments between platforms.
2 months ago·CoinDesk·Reported by Oliver Knight
Bitcoin Stalls Below $77,500 Amid Cooling Volatility
According to CoinDesk, Bitcoin's price is currently fluctuating within a tight range below $80,000 as traders unwind their leveraged positions, causing a drop in open interest. Meanwhile, Zcash is attracting attention with a notable increase in its open interest and trading volume.
2 months ago·CoinDesk·Reported by Oliver Knight
Bitcoin Dips Below $80,000 Amid Rising Oil Prices
Bitcoin experiences a dip below the $80,000 mark as rising oil prices exert pressure on risk assets, according to CoinDesk. Both Ether and broader altcoin markets show weakness, while caveats suggest a potential short squeeze could still occur in the crypto market.
3 months ago·CoinDesk·Reported by Oliver Knight
Bitcoin Battles $78,000 Resistance Amid Rally in Altcoins
Bitcoin is testing the $78,000 resistance with significant liquidations at stake, as altcoins and memecoins witness a surge in investor interest, according to CoinDesk. Market sentiment improves following geopolitical developments, indicating a potentially bullish trend for cryptocurrencies.
3 months ago·CoinDesk·Reported by Oliver Knight
