BIS Drops Mbridge Project Participation: It Was ‘Not Created to Serve the BRICS’
The BIS announced it was abandoning Mbridge, a project aimed at using CBDCs to interconnect the financial systems of several countries, due to its potential to help BRICS nations sidestep economic sanctions. BIS Abandons Mbridge Project for…
Mathematically Forecasting Peak Bitcoin Price For The Next Bull Cycle
With years of historical data, we can observe the patterns from past bull cycles to become increasingly capable of making predictions about our current cycle. In this analysis, we take a deep dive into when the next Bitcoin peak may occur and at…
Analyst Exposes Ethereum Ascending Support At $2,400 – Best Chance To Accumulate ETH?
Ethereum is trading at $2,500, following a 9% pullback from recent highs after it failed to establish a higher high above $2,820. This retrace has sparked renewed interest among investors, with top analyst and investor Carl Runefelt sharing a…
Bitcoin Technical Analysis: BTC Bulls Make Another Attempt at Price Peak
Following a recent boost in bitcoin prices driven by the U.S. jobs report, BTC/USD traded at $71,447 on Nov. 1, 2024, showing encouraging resilience around support zones despite recent price fluctuations. Bitcoin In late October, bitcoin climbed to…
Follow Nikolaus On X Here A couple of summers ago, I used to order lunch via Grubhub while working long days in the office. When ordering, I always made sure I was logged into Lolli, a bitcoin rewards platform with a browser extension, so that I…
October Sees Lower NFT Sales Volume With Few Collections Standing Out
After a downtrodden September, non-fungible token (NFT) sales dropped further in October, totaling $361 million—a 36% decrease. NFT Sales Fall 36% in October, Totaling $361 Million NFT sales in October didn’t quite bounce back…
Bitcoin Price Slides Below $70,000: These Are The Key Reasons
The Bitcoin (BTC) price has experienced a significant downturn over the past 24 hours, falling below the critical $70,000 threshold. After reaching a peak of $73,620 on Tuesday, the cryptocurrency has declined by approximately 5.7%, hitting a low…
How Polkadot is transforming blockchain technology: Report
Cointelegraph Research explores how Polkadot’s innovative architecture and Polkadot 2.0 upgrade improve scalability, interoperability and decentralized governance in the blockchain ecosystem.
Inside Tether’s $14.2B Equity Peak—Key Takeaways From the Q3 Attestation
Tether’s third-quarter attestation for 2024, led by auditor BDO, highlights record profit levels, reserve expansion, and substantial U.S. Treasury holdings. Tether’s Q3 Performance Ranks Among Top U.S. Treasury Holders In its latest…
From Sidechain to ZK: Merlin Chain Pioneers Transformation in the Bitcoin Ecosystem
PRESS RELEASE. Since its inception, Merlin Chain has adeptly leveraged its technical strengths and flexible strategies to foster innovation within the Bitcoin ecosystem. With a robust community foundation spanning areas such as BRC-20, BRC-420…
Institutional investments in Solana blockchain DApps up 54% in Q3
Institutional investments in Solana-based applications surged to $173 million in Q3 2024, marking a significant increase, according to a Messari report.
Bitcoin Open Interest Reduced By $2.1 Billion In 24 Hours – Time For Spot To Push The Price?
Bitcoin is currently trading above $69,000, following a 6% pullback from its recent peak at $73,600. The recent surge in open interest has been a key factor in driving BTC’s price action, with open interest reaching $23.9 billion on October 30, a…
First Mover Americas: Bitcoin Pares Losses Following Thursday's Slump
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Coinbase Pledges Millions to Crypto PAC War Chest, Rejects Illegality Allegations
Coinbase has committed to donating $25 million to Fairshake, a crypto PAC funded by crypto-linked companies that supports the aspirations of crypto-friendly candidates. The move was criticized by contrarians who alleged Coinbase’s moves are…
Bitcoin's Drop on Thursday Spurred Panic Sales Among Short-Term Holders: Van Straten
Over $2 billion worth of bitcoin was sent to exchanges at a loss on Thursday, the most since August's yen carry trade unwind, as bitcoin fell below $70,000.
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