Binance US Records Massive Discrepancies as USD Exchange Rates Plummet by 16% in July
As of July 17, 2023, fresh data indicates a concerning rise in discrepancies between Binance US’ exchange rates and the global average. Initially, at a mere 2% to 5% in late June, the disparity sharply soared to an astonishing 16% by…
Bitcoin Miners Selling Again, Will Price Crash Again?
On-chain data shows that Bitcoin miners may have once again been participating in selling recently, something that could lead to the asset declining. Bitcoin Miner Reserve Has Been Declining In The Last Two Weeks As pointed out by an analyst in a…
Binance Implements Lightning Network Support For Bitcoin Transactions
Binance, one of the world's leading cryptocurrency exchanges, has successfully integrated Bitcoin (BTC) onto the Lightning Network, enabling faster and more efficient transactions. As of today, users can now deposit and withdraw Bitcoin (BTC) using…
Stablecoin Exchange Deposits Remain Low, What Does It Mean For Bitcoin?
On-chain data shows the stablecoin exchange deposits have remained low recently. Here’s what this may mean for Bitcoin. Stablecoin Exchange Deposits Stay Low, While Withdrawals Jump As pointed out by an analyst in a CryptoQuant post, the fact…
Celsius Is Selling, More Pain For BNB, LINK, And SNX?
Celsius, the bankrupt crypto lender, has started selling its non-Bitcoin and non-Ethereum crypto assets, records on July 17 indicate. According to on-chain data from Lookonchain, Celsius has transferred approximately $23.5 million of various…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate, Following Recent Gains
Bitcoin started the week trading around the $30,000 mark, as the cryptocurrency market continued to consolidate following last week’s gains. The global market was down 1.19% at the time of writing, as sentiment remains uncertain following a…
Geyser Launches 5th Bitcoin Grant To Empower Educational Bitcoin Communities
Geyser, a leading Bitcoin grant organization, has announced the launch of its fifth Bitcoin grant, aimed at supporting educational initiatives and community-based programs focused on Bitcoin. The grant opens up opportunities for campaigns that…
First Mover Americas: BNB Is Being Heavily Shorted
The latest price moves in bitcoin (BTC) and crypto markets in context for July 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Polkadot (DOT) Price Momentum Builds As Open Interest Climbs – Details
Polkadot (DOT) has enjoyed a successful three-week period, with bullish investors maintaining their position at the forefront despite fluctuations in the market. In addition, the recent legal victory of Ripple against the US Securities and Exchange…
To Drive Meaningful Adoption, We Should Accept That Bitcoin Is Not For Everyone
This is an opinion editorial by Fernando Nikolic, the director of marketing and communications for Blockstream.“Bitcoin is not for everyone.” It's a bold statement that may seem counterintuitive when the goal is mass adoption. After all, shouldn't…
Big Bitcoin Move Ahead: Bollinger Bands See Extreme Squeeze
Since the Bitcoin price reached a new yearly high of $31,840 last week, only to invalidate the bullish breakout within a few hours and fall towards $30,000, there has been a strange tranquility in the market. Already since June 23, BTC has been in…
Crypto Crime Plummets in 2023, Down 65% Overall, Chainalysis Says
Cryptocurrency-related crime is down significantly this year, according to data by Chainalysis. Specifically, the blockchain analytics firm explained that crypto inflows to known illicit entities are down 65% compared to the previous year while…
Justbit: Why Many Players Win or Lose at the Casino and How RTP Works
The surge in online gaming platforms has marked a transformative era in the casino industry, providing gaming enthusiasts with the opportunity to experience their favorite games from the comfort of their homes. Amidst this digital revolution…
EU's Data Act Final Draft Still Contains Controversial Smart Contract Kill Switch
Lawmakers appear to have largely ignored pleas from organizations linked to Polygon, NEAR and Cardano about the kill-switch, according to a final version of the text seen by CoinDesk
XRP Whales Ride The Crypto Surge, As Ripple Token Notches 62% Price Spike
XRP is now witnessing a surge in network activity as prominent holders of the cryptocurrency make their moves. The latest findings from Lookonchain, a renowned data analytics firm, shed light on the purchase and sale patterns of XRP whales on the…
1inch Token Surges 58% as Daily Trading Volume Spikes to 20-Month High; Investor Moves $3.7M to Binance
The native token of decentralized exchange (DEX) aggregator 1inch (1INCH) has risen by more than 30% in the past 24-hours as trading volume hit $597 million, its highest level since October, 2021.
FSB finalizes its recommendations for a global crypto framework
The Financial Stability Board states that crypto platforms must segregate clients’ digital assets from their own funds and clearly separate functions to avoid conflict of interest.
US Dollar Shortages: Ethiopia and Nigeria in $100 Million Currency Swap Transaction
According to a report, the central banks of Ethiopia and Nigeria recently consummated a $100 million currency swap transaction. Under the arrangement, an Ethiopian airliner was paid local currency equivalent to $100 million while Dangote Cement is…
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