Bitcoin once again fell below the $27,000 level on Friday, ahead of a panel discussion which includes Fed Chair Jerome Powell. Powell will be holding a discussion with former Chair Ben Bernanke at a conference in Washington. Ethereum was marginally…
First Mover Americas: Litecoin Might Be Trading at a Discount
The latest price moves in bitcoin (BTC) and crypto markets in context for May 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Banks Not Getting Anticipated Benefits From Rate Hikes, ECB Executive Admits
Eurozone banks are profitable but the benefits from higher interest rates may be smaller than expected, according to the deputy head of the single currency area’s monetary authority. The official noted that while most of the tightening has been…
Shiba Inu Sees Juicy Capital Inflows – An Imminent Rebound in Sight?
Shiba Inu (SHIB) has recently caught the attention of investors as its chart reflects a significant surge in capital inflows and buying pressure. These developments have left many speculators wondering if this positive momentum will be sufficient…
Dogecoin Dominance: Binance Receives Deluge Of Millions Of DOGE – Details
Dogecoin (DOGE) has been embarking on a relentless quest for a price surge in recent weeks. As the market witnessed a flurry of activity, an unexpected twist unfolded when an anonymous whale made a significant decision—to sell a portion of their…
NFTs in the academy: Fighting fake credentials and unfair wages
Pepperdine University professor Beau Brannan believes that NFTs could allow verification for individual courses and give more insight into college degrees.
Bitpay Ceases Prepaid Mastercard Program, Promises Enhanced Card Service in the Future
Cryptocurrency proponents in the United States are facing increasing challenges when it comes to utilizing digital assets for expenditures. Several crypto companies have encountered difficulties in securing banking partners. This week, Bitpay, a…
Digital Asset Firm HashKey Group Looks to Raise up to $200M at $1B Valuation: Bloomberg
The firm is looking to capitalize on Hong Kong's re-emergence as a potential crypto hub as the city has looked to formulate a clear regulatory structure for digital assets.
Crypto Browser Opera Integrates Layer 1 Blockchain MultiversX
Users will be able to interact with the MultiversX network through its native tokens, NFTs and decentralized applications, all within the Opera browser interface.
Australian stock exchange officially abandons blockchain plans: Report
ASX abandons blockchain rebuild to explore conventional options to achieve the desired business outcomes as it sends RFP to potential software vendors.
Russia and Iran Phasing Out US Dollar in Bilateral Trade Settlements
The governments of Russia and Iran are starting to phase out the usage of the U.S. dollar to conduct bilateral trade settlements. Russian Deputy Prime Minister Alexander Novak stated that 80% of Russia-Iran trade transactions are settled using…
Bitcoin ‘Shrimp’ Catch Soars To All-Time High Of 1.31 Million Coins – Details
Bitcoin (BTC) shrimp investors, affectionately dubbed the “underdogs” of the cryptocurrency world, are making waves in the market as they steadily accumulate the digital asset at an unprecedented rate. These smaller investors, often…
Crypto should become a regular part of TradFi within 5-10 years: Exchange CEO
Bittrex Global CEO Oliver Linch believes crypto conferences won’t exist in five to 10 years — because crypto will become just a part of traditional finance.
Australian exchanges dispel debanking fears amid Binance saga, but risks loom
Australian crypto exchanges report no problems with their payment providers, but the lack of local laws means more debanking incidents can’t be ruled out.
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