India amasses 5M central bank digital currency users
India has taken a cautious approach to introducing a CBDC, while local authorities have also refused to regulate crypto transactions.
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Vitalik Buterin responds to criticism that Ethereum ‘doesn’t care’ about DeFi
Buterin addresses accusations of neglecting DeFi, defending his views on DeFi and the importance of sustainability and core principles of the Ethereum ecosystem.
First Mover Americas: Bitcoin Consolidates at $64K Before Next Push Higher
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Technical Analysis: Key Resistance Levels Test Bullish Momentum
On Aug. 26, 2024, bitcoin is navigating a crucial juncture, with prices hovering around $63,908. Despite a recent recovery attempt, the cryptocurrency faces significant resistance between $64,000 and $65,000. Bitcoin Bitcoin’s 1-hour chart…
Concerns grow over Binance executive’s health during detention in Nigeria
Tigran Gambaryan’s family raises alarms over his deteriorating health conditions, alleging medical negligence during his six-month detention in Nigeria.
BONK About To Enter 3rd Wave, Analyst Reveals Next Target
Crypto analyst Man of Bitcoin recently provided insights into Bonk’s (BONK) trajectory using the Elliot Wave Theory. As part of his analysis, the analyst revealed how high the Solana meme coin could rise on its next leg up. BONK To Rise To…
Crypto investment products see largest inflows in 5 weeks
The Bitcoin price increased 8% amid BTC investment products seeing $543 million in inflows last week.
Egyptian Fintech Firm Secures $3 Million to Grow Its Credit Services
Bitcoin Runes records 15.6M NFT transactions in 4 months
Bitcoin Runes, a leading NFT protocol, generated $162.4 million in fees with over 15.6 million transactions, showing potential for a long-term market impact.
NFTs show signs of life as weekly volumes turn positive
NFT sales volumes have rebounded across major blockchains, and Polygon has taken the lead with a 123.20% increase.
India's CBDC Has 5M Users, Can be Phased in Gradually: Central Bank Governor
India's central bank Governor Shaktikanta Das has said that while their retail central bank digital currency (CBDC) pilot has over 5 million users, there should not be in any rush to roll out a system-wide CBDC.
Top Crypto Analyst Goes ‘All In’ On These 3 Altcoins
Leading crypto analyst Miles Deutscher, boasting a substantial following of over 500,000 on X, spotlights the Tron ecosystem as the next significant opportunity for crypto investors. In his latest video analysis, Deutscher delves into the detailed…
Hong Kong
BTC price dip gone by September? 5 things to know in Bitcoin this week
Bitcoin faces a crunch candle close this week as BTC price rebound battles sellers to cancel its early August collapse.
Bitcoin ETFs Log $250M Net Inflows, Highest Since July, After Rate Cut Signal at Jackson Hole
Federal Reserve chair Jerome Powell confirmed signs that the public agency is set to loosen monetary policy at the Jackson Hole symposium on Friday.
Wyoming Aims to Launch ‘Dollar-Dependent’ Stablecoin in Q1 2025
Wyoming plans to launch a dollar-based stablecoin, the Wyoming Stable Token, in Q1 2025. The digital asset aims to provide faster and cheaper transactions for individuals and businesses in the state. Governor Mark Gordon emphasizes the importance…
FET Explodes 60% After New Project Announcement – Details
FET has been red-hot of late and is touting a price increase of over 60% this week, which is greater than some of the bigger cryptocurrency players such as Bitcoin, Solana, and TRON. A big chunk of this upward momentum is hailed directly from…
Binance Labs says new AI investments will support wave of AI-powered DApps
Binance recently announced investments in decentralized artificial intelligence ecosystems Sahara AI and MyShell.
AI Tokens Lead Crypto Market Ahead of Nvidia Earnings, Bitcoin Under $64K
Analysts polled by FactSet are expecting Nvidia to hit earnings of 65 cents per share, up 141% year-over-year.
Rumble CEO Leaves Europe After Pavel Durov’s Arrest
Chris Pavlovski, founder and CEO of Rumble, an independent online video platform, has reported that he left Europe after the arrest of Telegram CEO Pavel Durov. Pavlovski criticized the measures taken against Durov, stating that France had…
Hong Kong Regulator Finds 'Unsatisfactory Practices' at Some Crypto Entities Seeking Full License: Report
Hong Kong's Securities and Futures Commission (SFC) has found "unsatisfactory practices" at "some" of the cryptocurrency exchanges seeking a full license from it after conducting on-site inspections, Bloomberg reported on Thursday citing people…
Crypto Analyst Sounds Alarm: Here’s Why It’s Your ‘Last Chance To Buy Bitcoin’
Trying to time the Bitcoin bottom as the perfect time to buy is a pursuit for many cryptocurrency traders. As a result, crypto analysts have used various indicators in the quest to predict the best time to buy Bitcoin. This pursuit has not waned…
Men in crypto less attractive to women than cosplayers, anime buffs: Survey
Hundreds of surveyed women ranked their attraction to male hobbies, and crypto polled laughably low on the “attractive” meter.
Stablecoin market cap hits new all-time high amid 11 months of growth
The stablecoin market cap, excluding algorithmic stablecoins, has reached $168 billion, its highest point in history.
Solana Price (SOL) Could Spark Another Rally by Clearing $162
Solana started a fresh increase above the $150 resistance. SOL price could rally further if there is a clear move above the $162 resistance. SOL price started a fresh upward move above the $150 and $155 levels the US Dollar. The price is now…
Telegram Says it is Compliant With EU Digital Services Act After Founder Pavel Durov's Arrest
The company says its CEO has nothing to hide as Toncoin's losses subside.
AI tokens surge ahead of ‘Super Bowl’ Nvidia earnings report
Artificial intelligence-based crypto assets have surged as much as 70% in the past seven days as all eyes fall on Nvidia’s incoming earnings report.
Thai Authorities Raid Illegal Bitcoin Mine After Power Outages Spark Resident Complaints
Thai authorities successfully raided an illegal bitcoin mining operation in Ratchaburi on August 23. The raid came after residents reported frequent power outages. The bitcoin mining operation was found to be consuming electricity that the…
XRP Price Faces Challenges: Will It Overcome and Rise?
XRP price is consolidating above the $0.5920 level. The price could start a fresh increase if it clears the $0.6050 resistance zone. XRP price is eyeing a fresh increase from the $0.5920 level. The price is now trading below $0.600 and the…
Ethereum Price Eyes Fresh Gains: Another Increase on the Horizon?
Ethereum price is consolidating above the $2,700 resistance. ETH could gain bullish momentum if it clears the $2,785 resistance zone. Ethereum is struggling to gain pace for a move above the $2,800 level. The price is trading above $2,700 and the…