Crypto Distress Prompts Fir Tree, a Hedge Fund, to Seek Profit From Turmoil
“Fir Tree is at its best when we identify opportunities that are mispriced, dislocated or complex. Rarely do we encounter situations that are all three, but that is precisely what we are seeing in digital assets right now,” Fir Tree said.
Neo APAC Hackathon Kicks Off at Tokyo GAS Station: Uncovering Local Web3 Talents and Empowering Regional Development
PRESS RELEASE. Neo, the open-source, community-driven blockchain platform where developers are building the future Smart Economy, today announces the launch of its new APAC Hackathon in partnership with OKX. The event includes a total prize pool of…
Everything that's happened with Celsius and Alex Mashinsky so far
A look back at the rise and fall of Celsius, starting with the firm's growth during the pandemic to the arrest of its former CEO and resolutions with federal regulators.
Solana price hits a 2023 high, but do strong fundamentals back the SOL rally?
SOL’s price rallied to a year-to-date high above $30, but Solana’s struggle with increasing its user stats calls the current bullish momentum into question.
Google Plays Nice With NFTs, Starbucks Puts Ex-MLB Star’s NFT Project on Deck
This week, Google made a big shift in their policy towards NFTs, allowing apps in the Google Play store to include the ability to buy, sell or earn tokenized assets. Meanwhile, Starbucks Odyssey, the brand’s Web3 loyalty program, announced their…
XRP has observed a massive 67% rally during the past 24 hours. Here are some facts on-chain data reveals about this price surge. Several Indicators Have Surged Following The XRP Rally In its latest insight post, the on-chain analytics firm…
Mutiny’s New Browser-Based Bitcoin Wallet on Lightning Avoids App Store Restrictions
The company says it’s the “first self-custodial lightning wallet that runs on the web” – a design feature that may avoid any restrictions that might be placed on the technology from app stores run by the likes of Apple or Google.
Biggest Movers: XRP 70% Higher, as Markets React to Court Ruling
XRP soared by as much as 70% higher on Friday, as markets continued to react to a court ruling that the token is not a security. On Thursday, U.S. judge Analisa Torres ruled that XRP is not “necessarily a security on its face.” Solana…
BlackRock CEO Larry Fink Talks Up Crypto Demand From Gold Investors
The CEO of $8.5 trillion asset manager BlackRock (BLK) said "more and more" gold investors have been asking about the role of crypto over the last five years.
XRP Kicks Out BNB To Become 4th-Largest Crypto After 65% Rally
XRP, the token behind the Ripple payment network, has been on an absolute monster rally in the last day. The token has seen a 65% price surge that propelled it into the number 4 spot in the crypto rankings, pushing BNB down to 5th place, even…
The Fall of Multichain: A Tale of Unexpected Turbulence and Security Breaches
In an unforeseen chain of events that unfolded between May and July 2023, the CEO of Multichain, Zhaojun, was apprehended by Chinese authorities, destabilizing the blockchain project. The situation escalated when user assets began to be transferred…
Crypto Liquidations Cross $300 Million Amid Massive Market Recovery
The last 24 hours have been more than interesting for crypto investors across the globe. Thursday, July 13, saw one of the most important lawsuits in the history of the industry come to an end, and the ruling in favor of Ripple triggered a massive…
Ripple’s XRP Summary Judgment Positive for Coinbase, Price Target Raised to $120: Needham
The court’s decision should moderately de-risk the regulatory pressure on the crypto exchange’s stock, which is a significant overhang on the share price, the broker’s report said.
Bitcoin rose towards the $32,000 mark late on Thursday, as markets reacted to the news that a U.S. judge ruled that XRP was “not necessarily a security on its face.” The ruling was well received by the crypto world, and raised…
Polygon Reclaims 10th Position As MATIC Surges Nearly 30% In One Week
The crypto market continues to exhibit dynamic shifts as Polygon’s native token, MATIC, outpaces Litecoin (LTC) in the global rankings to secure the 10th spot. This move comes after MATIC experienced a surge of nearly 30% over the past week…
First Mover Americas: XRP Gains 66% on Ripple’s Partial Court Victory
The latest price moves in bitcoin (BTC) and crypto markets in context for July 14, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Shiba Inu (SHIB) Shows Strength With 5% Rally, Reversal Confirmed?
The Shiba Inu price has risen over 5% in the last 24 hours amid the market-wide hype surrounding Ripple’s partial victory in its legal battle with the US Securities and Exchange Commission (SEC). But SHIB investors should still be cautious…
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