Weekly DEX Volume on BNB Chain Hits Highest in a Year
Lower fees and Binance’s popularity are among the reasons noted by market analysts.
Posts published on May 15, 2023 go to media archive 2/4
Bitcoin Rebounds Above $27K as Investors Weigh Debt Ceiling Debate, Liquidity Concerns
Investors have been eyeing particularly low liquidity in crypto trading as market makers turn cautious.
Digital asset market shrinks as fund outflows reach $200M: CoinShares
According to CoinShares, digital asset investment products saw outflows totaling $54 million last week.
Bitcoin Price Outlook for May
Midway through May and bitcoin has mostly fallen lower, as markets digested several key pieces of economic data. The headline was another rate hike by the Federal Reserve, which came as U.S. non-farm payrolls rose marginally higher than expected…
Toncoin (TON) Price Plummets After Bears Defy To Surrender Control
Recently, the price of Toncoin (TON) witnessed a rapid decline, causing investors and traders to worry about the asset’s potential. The bear’s refusal to surrender control can cause TON’s price to drop, increasing the negative market…
Bitcoin Argentina Launches Introduction To Lightning Network Course
Bitcoin Argentina, an NGO focused on promoting Bitcoin, is offering a virtual training course called "Introduction to Lightning Network."According to a press release sent to Bitcoin Magazine, the course aims to educate participants on the operation…
DeFi Project Hector Mulls Legal Wrapper to Shield DAO
A legal wrapper proposed by leaders of the Fantom-based protocol would empower employees of Hector and, according to critics, undercut the community of HEC holders.
This Bitcoin options strategy allows early bird traders to prepare for BTC’s next breakout
Crypto traders expecting a price reversal could use this options strategy to get positioned in Bitcoin.
Bitcoin Reclaims $27,000, Here Are The Factors Driving The Recovery
Bitcoin began another recovery trend over the weekend and has been on a bullish path since. This follows last week’s incredible bearish movement which saw the digital asset drop below the $26,000 mark for the first time in over a month…
Amazon is hiring AI engineers to build a ChatGPT-like search interface
A pair of postings on Amazon’s jobs website indicates the company is planning to implement advanced AI search features in its online web store.
Cardano Founder Urges Priority On Election To Avoid Further Chaos In Crypto
The U.S. Congress Democratic committee members are preparing to endorse the Securities and Exchange Commission’s (SEC) stringent regulation of digital assets in their efforts to assert control over the crypto industry. A new memo pointing…
Japan leads world in losses from North Korean crypto hacking with 30% of total: Report
An Elliptic report commissioned by Nikkei says Asian countries account for over 60% of losses to North Korean hackers and ransomware users; lax security played a role.
Has Bitcoin Rally Already Hit Top? Here’s What Puell Multiple Says
On-chain data shows the Bitcoin Puell Multiple has hit pretty high levels recently. Here’s what this may mean for the current rally. Bitcoin Puell Multiple Has Risen To High Levels In Recent Days As pointed out by an analyst in a CryptoQuant…
$28,000 Bitcoin is in the cards, but it won’t happen without a struggle
Professional Bitcoin traders displayed strength after the BTC price corrected to $25,830, favoring further bullish momentum.
U.S. Prosecutors Drop Extortion Charges Against Early Adviser to Ethereum Network
Criminal extortion charges against Steven Nerayoff, an early adviser to the Ethereum network, were dismissed by a New York judge on May 5, ending a three-and-a-half year legal battle that included explosive allegations he made against U.S…
Bitcoin offers 'good signs' as analysts retain $40K BTC price target
Bitcoin is showing the strength it needs for continuation higher, says Michaël van de Poppe, after key trend lines are preserved.
Crypto Mining Data Center Soluna Stock Surges After $14M Investment Deal
The investment includes a $2 million loan and $12 million in equity.
Zimbabwe Sells Millions of Gold-backed Crypto Tokens, Shrugs off IMF Advice
Zimbabwe ignored the International Monetary Fund’s (IMF) caution and engaged in the sale of its gold-backed crypto tokens. As a result, the Reserve Bank of Zimbabwe recorded huge success selling its gold-backed digital assets worth 14 billion…
Inflation and Anguish: Outraged Lebanese Depositors Continue to Riot Against Financial Institutions
Amid Lebanon’s financial crisis, significant demonstrations have erupted in Beirut targeting financial institutions. Outraged Lebanese depositors, witnessing their savings vanish, have resorted to smashing bank windows, setting fires, and…
Payroll Startup Rise Wins CoinDesk's 2023 Pitchfest Contest
Based in Ohio, Rise onboards employees for automatic crypto paychecks.
Price analysis 5/15: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
The debt ceiling talks remain in focus and are likely to dictate the price action in the S&P 500, DXY and cryptocurrency markets in the near term.
Analyst: VeChain Enters Buy Zone, Should You Jump In?
On the weekly timeframe, a crypto analyst named Egrag explained on Twitter that VeChain (VET) is currently in a buy zone. He further explained the details of its possible price behavior using trading charts and noting recurring patterns. VET is in…
Tether boasts of its financial stability after strong profits, money moved out of banks
Tether Holdings wants to make sure the world is aware of its positive first-quarter attestation in the face of rumors and criticism.
Bitcoin Rewards Company Fold Expands to El Salvador, Brushing Off Jump in On-chain Fees
The firm says El Salvador will serve as its base for operations in Latin America.
GREED Token Is Not a Crypto Scam, but a Lesson on How to Get Scammed Amid Meme Coin Mania
Despite multiple warnings from Voshy, the meme coin's creator, speculators turned over Twitter permissions to get access to the token. They got a valuable lesson in account security.
Avalanche Nearing Key Support, Is It Expecting Recovery Anytime Soon?
Avalanche (AVAX) has experienced a bearish week with several price floors being lost. However, in the last 24 hours, AVAX has moved up by 1.5%, suggesting a sideways trading session. The technical analysis indicates that bears still have control…
Community-Driven Blockchain Platform Parex Raises US$ 6․5 Million
PRESS RELEASE. Parex has successfully developed a community-driven DAO ecosystem through its ParexChain, Parex Wallet, RaccoonSwap, Exchange, and other decentralized applications. The company has secured US$ 6.5 million in a new investment round…
Crypto Investment Funds See Outflows for Fourth Consecutive Week
Bitcoin-related products accounted for $38 million of the $54 million in total outflows.
G7 pushes accelerating global implementation of ‘travel rule’ for crypto assets
Group of 7 members met in Japan, where they discussed CBDCs and crypto regulation, with an eye toward quickly implementing the “Travel Rule” for crypto assets.
Fold Bitcoin Rewards App Announces Expansion Into El Salvador, Spearheading Latin American Operations
Bitcoin rewards company Fold has announced its expansion into El Salvador, establishing a new office that will serve as its base for operations in Latin America. Fold, known for introducing the world's first bitcoin rewards Visa Debit Card to the…