Unveiling the Uniswap Foundation's Bridge Report: Winners and Losers
Wormhole and Axelar take top honors after a months-long assessment process aimed at addressing concerns with Uniswap’s previous bridge selection practices.
Biggest Movers: MATIC Remains Near 11-Month Low, as Price Plunges by 9%
Polygon moved closer to an 11-month low on Thursday, as crypto markets continue to react to yesterday’s United States Fed rate decision. The global market cap is trading 4% lower as of writing, as a wave of bears captured sentiment. Litecoin…
Bitcoin Price On Shaky Ground: Market Analysts Warn Of Potential Fall To $20,000 Level
Bitcoin, the world’s largest crypto by market cap, is currently under pressure, as it broke the significant $25,000 mark in the last 24 hours. This development has spurred a sense of urgency among traders and market analysts who are bracing…
BlackRock, the worlds largest asset manager, is reportedly on the brink of submitting an application for a Bitcoin ETF (exchange-traded fund), as disclosed by a reliable source familiar with the matter. In their pursuit of a Bitcoin ETF…
Stablecoin Market Records $2.4B in Redemptions in 30 Days as Leading Tokens Experience Supply Decline
According to statistics, over the span of 30 days, from May 15 to June 15, 2022, more than 2.4 billion stablecoins were redeemed. During this period, three of the leading stablecoins experienced a decline in their supplies ranging from 4% to 19%…
Sweat Economy DAO votes to repurpose $10M of idle tokens
The move-to-earn platform had 2 billion $SWEAT tokens locked up in inactive user accounts which the community has voted to be returned to a governance contract.
Ethereum Plunges Below $1,700, Here’s The Metric That Signaled This In Advance
Ethereum has plunged below $1,700 during the past day. Here’s the on-chain indicator that may have signaled this dip in advance. Ethereum Age Consumed Metric Saw A Spike Before The Price Decline According to data from the on-chain analytics…
Bitcoin fell below the $25,000 level for the first time since March, as the Federal Reserve opted to keep rates unchanged. However, to the surprise of many, the Fed also forecasted two further hikes in this current cycle. Ethereum reacted…
Celsius seeks to convert alts to Bitcoin and Ether under reorganization plan
The crypto lender has proposed converting all its altcoin holdings into Bitcoin and Ethereum to quell growing regulatory concerns and maximize the value of its assets.
The latest price moves in bitcoin (BTC) and crypto markets in context for June 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Here’s Why The Tether FUD Could Be Good For Bitcoin
The Bitcoin market is once again in turmoil, and the reason is an old acquaintance: no, not the US Federal Reserve, but the worries and rumors about Tether’s stablecoin, USDT. Anyone who has been active in the Bitcoin and crypto market for a…
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