Bitcoin MVRV Ratio Approaches 1.5 Level, Will Break Happen?
On-chain data shows the Bitcoin MVRV ratio is approaching a retest of the 1.5 level, breaking above which may be bullish for the asset’s price. Bitcoin MVRV Ratio Has Been Going Up In Recent Days As explained by an analyst in a CryptoQuant…
Biggest Movers: XMR Nears 6-Week High, as LINK Falls Near a Resistance Level
Monero climbed for a third consecutive session on Thursday, as the token moved marginally closer to a six-week high. This rise in price comes despite the fact that the global market cap mostly consolidated, and is trading just 0.50% higher as of…
Bitcoin profits are taxable in certain cases, says Denmark's supreme court
The country's supreme court released two decisions for cases in which different crypto users gained profits from sales of BTC “made for the purpose of speculation” and mining.
CoinDesk Editorial: It Sure Looks Like the U.S. Is Trying to Kill Crypto
Sometimes they really are out to get you. The government’s regulatory attack on crypto is an abuse of power that risks sending a vital industry overseas, to no gain for consumer protections.
USD Losing Its Reserve Status? What It Means For Bitcoin
What does it mean for Bitcoin if the US dollar loses its reserve status? Is it even possible? In light of the dramatic political developments, a debate is currently raging about exactly that. Whether Bitcoin can be a beneficiary or even the…
There’s No Reason To Trust Banks And, Thanks To Bitcoin, We Don’t Have To
Trust in central and commercial banks is eroding quickly. The internet and social media are oil in the fire and Bitcoin is the extinguisher. This is an opinion editorial by Julian Liniger, the co-founder and CEO of Relai, a Swiss-based…
Do Kwon to Stand Trial in Montenegro, May Serve Time Before Extradition
Before extradition, Terraform Labs founder Do Kwon will first have to stand trial in Montenegro for traveling on a fake passport, according to his lawyer in the country. The fugitive crypto entrepreneur may also have to serve time in prison before…
Crypto Exchange Kraken Commits to Tougher Rules Required by Canada
Kraken has filed a pre-registration undertaking with the Ontario Securities Commission as it works towards becoming a registered Restricted Dealer in Canada.
Indonesian government looks to NFTs to preserve cultural heritage
The Deputy of Indonesia’s Ministry of Tourism and Creative Economy explains how NFTs and cryptocurrency can help solve social and economic challenges within Indonesia.
AI makes the metaverse safer and more inclusive: The Sandbox co-founder
AI continues to be more pervasive in emerging technologies, and according to a co-founder of The Sandbox, it will make digital spaces more inclusive places.
Shiba Inu Burn Rate Accelerates, How Will The Price React?
Shiba Inu token burn rate has continued on a mild but steady increase, even amid the ongoing price pullbacks. Data from Shibburn indicated that over 8 million SHIB tokens entered the dead wallets over the past 24 hours. The number represents a…
Bitcoin, Ethereum Technical Analysis: BTC Rises to $29,000 for First Time Since Last June
Bitcoin rose above $29,000 on Thursday, as price moved to its strongest point since last June. The surge came despite some consolidation in cryptocurrency markets, ahead of the upcoming U.S. GDP report. Ethereum was also higher, as it continued to…
The latest price moves in bitcoin (BTC) and crypto markets in context for March 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Ethereum’s Shanghai upgrade will unlock ether that has been staked since the Merge, potentially leading to selling pressure that market participants could ride out or take advantage of.
Layer-2 project exec zooms in on the capabilities of Ethereum scaling solutions
Metis co-founder Elena Sinelnikova delves into the world of layer-2 blockchain technology, and its potential to transform how we interact, collaborate and build the decentralized economy of the future.
This Little-Known Crypto Is Shooting Up Nearly 90% – Here’s Why
Investors on Kaspa have been enjoying gains as KAS, which is the protocol’s native crypto, has followed the general market trend upward. According to CoinGecko, the token has increased by more than 4% in the past 24 hours. The biggest gains were…
Crypto Exchange Bybit Partners With Innovation Growth Hub to Launch Blockchain Education Program
Bybit has said it is inviting African youths that wish to attend a blockchain education training program to submit their applications. The training and educational program is expected to help the participating individuals learn the fundamentals of…
CAKE Remains Under Pressure Despite PancakeSwap Dominating BSC
CAKE, the utility token of the decentralized exchange, PancakeSwap, remains under pressure days after the Uniswap community voted to launch the exchange on the BNB Smart Chain (BSC), a smart contracting platform. Uniswap v3 went live on the BSC on…
Crypto donations to surpass $10B in a decade: The Giving Block
The Giving Block reported that USDC accounted for 44% of the crypto donation volume on its platform in the last year, followed by ETH (24%) and BTC (17%).
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