Bitcoin Volatility Hits Longs and Shorts as $175M Liquidated, $1B in Open Interest Wiped
Few leveraged futures traders were safe as bitcoin’s price movements impacted both longs and shorts.
Posts published on April 26, 2023 go to media archive 1/5
Hong Kong security regulator to issue crypto license guidelines in May
The crypto business guidelines were reportedly revealed by the chief executive of Hong Kong’s Securities Futures Commission, Julia Leung.
Cameron Winklevoss claims regulatory double standards over banking crisis
The CEO of Gemini says things would’ve been handled differently if First Republic was a "crypto" bank.
Render (RNDR): Biggest Gainer Among Top 100 Cryptos With A 22% Climb
Render (RNDR) is one of the biggest gaining coins this week. According to CoinGecko, the token is up 11% in the last 24 hours, and 22% in the last week. With Bitcoin and Ethereum experiencing a strong bullish sentiment, RNDR might experience a…
First Mover Asia: Bitcoin Seesaws Wildly Before Settling Above $29K
ALSO: Writing about different sessions at Consensus 2023, CoinDesk columnist Daniel Kuhn considers the difficulty that the builders of decentralized finance (DeFi) and financial regulators are having in finding linguistic common ground.
Ex-a16z Engineering and Security Heavyweights to Start Crypto Custody Firm: Source
a16z’s former CTO, Riyaz Faizullabhoy, and former CISO Nassim Eddequiouaq have the blessing and seed backing of the venture capital giant, a person familiar with the plans said.
SOL Price Prediction: Solana Topside Bias Vulnerable Unless It Surges Past $23
Solana is struggling below the $23 resistance against the US Dollar. SOL price could decline again if there is a clear move below the $20 support. SOL price is showing bearish signs below the $23 barrier against the US Dollar. The price is now…
Circle CEO warns of active and accelerating de-dollarization
The United States must capitalize on the “high demand” for digitally native U.S. dollars, particularly from those in emerging economies with weak local banking systems, the Circle CEO says.
Ethereum Price Dips and Then Rips Higher, Bulls Still Aim $2K
Ethereum price saw swing moves from the $1,800 support against the US Dollar. ETH is again rising and might aim for a retest of the $2,000 resistance. Ethereum is showing a lot of strength above the $1,800 support zone. The price is trading above…
One crypto wallet launched 114 dodgy memecoins in two months
According to ZachXBT, one alleged scammer in particular launched around 114 projects in the past 45 days alone.
Brazil’s President Lula Voices Support for BRICS Currency
Brazil’s president, Luiz Inacio Lula da Silva, has expressed support for the creation of a BRICS currency. His statement of support comes as the BRICS bloc is gaining global influence, with 19 countries seeking to join the group. Brazilian…
NY investment bank says 'crypto winter is over,' bullish outlook for Coinbase
Analysts from NY investment bank H.C. Wainwright say that Coinbase is uniquely positioned to benefit from the upcoming crypto bull run.
Bitcoin Price Saw Increase In Volatility, Here’s Why The Bulls Are Safe
Bitcoin price saw a couple of wild moves above the $28,500 pivot level. BTC is now rising and showing positive signs above the $28,800 level. Bitcoin climbed sharply and then nosedived to revisit the $27,250 support. The price is trading above…
US House Financial Committee Republicans look for records to show crypto debanking
The lawmakers see a “coordinated strategy” to deny the digital asset industry access to banking that is not related to a desire to protect banks.
Russia Calls for Prevention of ‘Full-Scale World War III’ — Official Warns ‘World Tensions Are White-Hot’
Arkham denies buggy Mt. Gox alerts to blame for 7% Bitcoin price crash
Blockchain analytics firm Arkham Intelligence has denied playing a role in the flash crash that saw Bitcoin fall 7% in less than an hour.
Metaverse division's $4B loss drags on positive first quarter for Meta
Zuckerberg expects Reality Labs operating losses to increase year-over-year in 2023.
Crypto Innovation and Regulation Can Co-Exist, Top Industry Executives Agree
In a wide ranging conversation, four crypto industry senior executives discussed what’s next in the digital asset market's evolution.
MeWe social network with 20M users to integrate with Polkadot parachain
The integration is built on DSNP, a protocol created by Project Liberty.
BRICS Currency Will Erode US Dollar’s Dominance, Former White House Economist Warns
Former White House economist Joseph Sullivan has warned that a BRICS currency would erode the U.S. dollar’s dominance. If member nations use only a common BRICS currency for international trade, “they would remove an impediment that now…
Bitcoin Could Be 'Great' Investment for IRA or 401K Plans
Retirement accounts offer tax-free crypto investing forever and provide an effective way to lower overall portfolio risk said ForUsAll CEO David Ramirez
Technology Is Blocking Mass Adoption of Web3
The clumsy and confusing user experience of onboarding into Web3 is preventing broad adoption, but technological improvements are the solution, says a panel of Web3 executives.
Tradfi Sees Opportunity in Crypto Despite ‘Red Wedding,’ Burning Buildings
Institutional investors are salivating over opportunities in growth equity and depressed tokens that took an undeservingly excessive hit during crypto's bear market, market participants said during Wednesday's Consensus 2023 event.
Grayscale CEO Expects Decision on Attempt to Overturn SEC's ETF Rejection by End of 3Q
Michael Sonnenshein still sees crypto industry in its "early days."
Salesforce Exec: Web3 Needs a 'Reboot'
Salesforce Senior Vice President Marc Mathieu said at Consensus 2023 That Web3 leaders must promote decentralization and build communities to win over new users.
WisdomTree CEO Says Crypto Is “Natural Evolution” of ETF Products
WisdomTree CEO Jonathan Steinberg discusses his company’s soon-to-launch crypto wallet for trading tokenized real world assets such as gold. Blockchain brings democratization to traditional finance, he tells CoinDesk Editor-in-Chief Kevin Reynolds.
Web3 Culture Is 'Not Dead' But as Strong as Ever, Say Brand Leaders
Creators, leaders and builders from the NFT space spoke about the resilience of Web3 at CoinDesk's annual Consensus conference.
Bitcoin Price Flash Crashes 6% In Under 60 Minutes, What Happened?
Bitcoin price was trading in the green today, up about $1,500 at the high. The top cryptocurrency by market cap also made another attempt at $30,000 around mid-day. Shortly thereafter, in the span of less than 60 minutes, BTCUSD flash crashed by…