How can Bitcoin hold $28K amid the banking crisis?
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses whether Bitcoin’s $28,000 support has a chance amid the recent banking crisis.
Posts published on May 2, 2023 go to media archive 2/3
The ABCs of Crypto: Teaching the next generation of Web3 users
This latest report presents an overview of two of the most popular use cases for blockchain technology — DeFi and NFTs — to help onboard the next generation of crypto users.
Avalanche (AVAX) Climbs Higher: Q1 2023 Results Show Impressive Growth
According to the latest report by Messari, Avalanche (AVAX) has shown a strong rebound in the first quarter of 2023. The market cap of the blockchain platform increased by 65.8% quarter on quarter (QoQ), reflecting the broader market trend and the…
Blur NFT lending surpasses $16M in loans, led by Machi Big Brother
The milestone comes just one day after the protocol's launch on May 1.
Coinbase Introduces International Exchange In Bid To Expand Beyond U.S. Markets
The largest cryptocurrency exchange in America is now offering perpetual futures to residents in eligible jurisdictions.Cryptocurrency exchange Coinbase has launched “Coinbase International Exchange,” a move reinforcing the company’s hints of…
Student interest in ChatGPT skills on Udemy increased by 4,419% since 2022: Report
The latest topic consumption report from Udemy shows an increase in interest in ChatGPT as well as skills related to cloud computing and blockchain.
Coinbase Grew Quickly by Working With U.S. Regulators. Will It Expand Even More by Disregarding the SEC?
NFT Collection Goblintown Will Prioritize the ‘Worst’ Traders in Second Season Mint
Big Inc, the sequel to the goblin-themed collection, will be giving a 50% discount to token holders who mint using the memecoin PEPE.
Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry
Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes…
The average person’s wealth will be 'completely destroyed by inflation,' says Arthur Hayes
Investing in assets "outside of the traditional financial system” is the only way to preserve one’s wealth, according to the former BitMEX CEO.
Coinbase officers, board members face suit over alleged insider trading during listing
The suit charges the alleged inside traders saved over $1 billion by selling their shares when the company went public despite knowing they would lose value.
What is the wash-sale rule, and does it apply to crypto?
The wash-sale rule disallows the deduction of losses if identical securities or crypto assets are repurchased within 30 days.
Ethereum whale population drops after Shapella — Will ETH price sink too?
Ethereum's supply across whale addresses has dropped consistently since March 2020, offset by greater retail interest.
Bitcoin Hashrate Reaches All-Time High of 491 EH/s, Close to Half a Zettahash, as Network Preps for Next Difficulty Change
While the next difficulty change for Bitcoin is just two days away, the network’s hashrate soared to unprecedented heights, reaching 491.15 exahash per second (EH/s) on May 02, 2023, at block height 787,895. This staggering amount of…
Biggest Movers: DOT Drops to 6-Week Low on Tuesday
Polkadot was one of Tuesday’s biggest movers, as the token dropped to a six-week low in today’s session. Prices fell for a long-term support point of $5.60, as the global crypto market cap was once again 1% lower today. Avalanche also hit a…
Bitcoin 'Flash Rally' Briefly Pushed BTC Derivatives Above $56K on Bitfinex
The spike triggered a series of liquidations on the exchange.
Ethereum Sees Inflows Of $505M Into Binance, Sign Of Selling?
On-chain data shows Ethereum has observed massive inflows of $505 million into Binance during the past day, a sign that selling may be going on. Ethereum Exchange Inflows Have Shot Up During The Past Day According to data from the on-chain…
17 factors to consider when evaluating a potential Web3 partnership
Proper vetting of potential Web3 partners includes looking both at traditional business fundamentals and industry-specific USPs.
BTC price may need a $24.4K dip as Bitcoin speculators stay in profit
Bitcoin short-term holders are slowly seeing profits evaporate as BTC price action trends lower, but more downside could be next.
Sports Illustrated Launches NFT Ticketing Platform on Polygon
Sports Illustrated's ticketing marketplace SI Tickets has developed "Box Office" in partnership with Ethereum software company ConsenSys.
British MP Lisa Cameron is 'not invested personally' in crypto but advocates for regulation
“I’m an advocate for getting regulation in place that makes the most of the potential of the sector whilst protecting consumers,” said the MP.
Morgan Stanley Strategist Warns of Equities Sell-Off in Response to ‘Hawkish’ Fed Message
On Monday, Morgan Stanley’s equity strategist, Michael Wilson, shared his thoughts on the state of Wall Street. He expressed his belief that a sell-off could be imminent, and that this could occur as a result of U.S. Federal Reserve chairman…
Uniswap (UNI) Tanks As Bears Take Charge, Will The Bulls Come To Rescue?
According to Uniswap’s (UNI) price chart, the coin is moving sideways on the chart. As the market opened, the price dropped to $5.30, where UNI found little support. Bulls are trying to regain control, but selling pressure is quite strong…
SEC crackdown on crypto staking in the US could boost decentralization
Recent regulatory actions have crypto staking providers in the United States on edge.
DCG's CFO Steps Down as Crypto Conglomerate Repays $350M Loan
The crypto conglomerate also paid off a $350 million senior secured term loan, which was issued by a lender syndicate led by Eldridge.
Crypto and AI: Control the robots, incentivize the humans
Does AI need blockchain and crypto to incentivise the humans in the loop — or to help keep the robots in line?
PEPE Token Soars to $500M Market Cap as Meme Coin Fever Grips Crypto Traders
PEPE, the meme token that sprouted out of the Pepe the frog meme, has rocketed to a $500 million market cap following a 2,100% rise since it was issued last month.
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $28,000 Ahead of FOMC Decision
Bitcoin fell below the $28,000 level on Tuesday, as markets continued to prepare for tomorrow’s Federal Reserve interest rate decision. The Fed is expected to increase rates by 0.25%, despite the U.S. economy slowing down. Ethereum also…
Arbitrum (ARB) Price Displays Strength, Backed By On-Chain Activity
The Arbitrum (ARB) price has retraced in line with the market-wide correction over the past few days, falling close to a critical support level. In the current environment, altcoins in general continue to show weakness across the board. However…
Coinbase Opens Offshore Crypto Derivatives Exchange
Coinbase International Exchange will offer trading of perpetual futures for bitcoin and ether.