Bitcoin Up 365,999% Since Krugman Dismissed It at $7
Twelve years ago, economist and Nobel laureate Paul Krugman first addressed Bitcoin and his opinion was skeptical to say the least.In that now-famous article, penned for The New York Times on September 7, 2011, Krugman criticized and dismissed…
FDUSD Market Cap Jumps By 20% Following Binance Directive
The First Digital USD (FDUSD) stablecoin has recorded a significant rise in its market cap following an announcement by the Binance exchange in August. FDUSD, a dollar-pegged stablecoin, was recently launched on June 1, 2023, debuting on the…
Lawyers Push SEC to Approve Grayscale Bitcoin ETF ‘Expeditiously’
Lawyers representing crypto asset manager Grayscale Investments urged the Securities and Exchange Commission (SEC) to “expeditiously” approve a spot bitcoin exchange-traded fund (ETF) in a letter sent to the agency. Grayscale’s letter follows a…
Bitcoin HODLer Dominance Rises To Record Levels, Bullish Sign?
On-chain data shows the divergence between the Bitcoin long-term holders and short-term holders has grown to record levels recently. Bitcoin Market Has Been Continuing Its Shift Towards HODLing As an analyst in a post on X explained, the gap…
Looking at Uniswap and Crypto’s New Favorite Ruling
A ruling dismissing a putative class action lawsuit against Uniswap will almost definitely come up again in other lawsuits involving securities law and crypto entities.
Why traditional marketers fail in Web3: Avoiding these failures
In the world of Web3, where the tangible often blurs with the intangible, remember this: Your community's value isn't just in what they give, but in what they represent
Bitcoin, Ethereum Technical Analysis: BTC Consolidation Continues, as Moving Average ‘Death Cross’ Nears
Bitcoin was largely unchanged on Wednesday, as moving averages closed in on a potential upward crossover. The potential for a “death cross” will likely be in the mind of would-be bulls, looking for an opportune time to reenter…
In a new interview with Bloomberg, Steven McClurg, the CIO of Valkyrie Investments, predicts that a Bitcoin spot ETF could become a reality by Q1 2024, potentially marking a significant milestone for the crypto industry. Further, he…
OriginTrail on AI, real-world adoption and the value of knowledge: The Agenda podcast
OriginTrail co-founders Žiga Drev and Tomaz Levak break down the importance of knowledge verifiability in the era of AI hallucinations, plus much more.
DeFi Protocol Synapse Responds to Selling Pressure With 17% Bounce
The native token of Synapse, a decentralized finance (DeFi) protocol designed to transfer data to cross-chain bridges, has bounced by more than 17% from a low of $0.30 after a liquidity provider sold its SYN tokens on Monday.
First Mover Americas: Bitcoin Still Stuck in Limbo
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
This week, The Market Report discusses why $22,000 is the next logical step for Bitcoin and why BitMEX co-founder Arthur Hayes claims the bull market started back in March.
Another Executive Exits Binance Amid Regulatory Scrutiny
Mayur Kamat, head of product at Binance, is leaving the crypto exchange which has seen several executive exits in recent months. His and the other departures coincide with an ongoing regulatory clampdown on crypto business that has placed the…
Turning Point For Bitcoin And Crypto? DXY At 5-Month High
In a crucial development for the financial markets, the US Dollar Index (DXY) has surged to its highest level since March, marking a pivotal moment for Bitcoin and the broader crypto sector. The DXY, which gauges the Greenback’s performance…
Zodia Markets Receives In-Principle Approval as Crypto Broker-Dealer in Abu Dhabi
Zodia Markets, a digital asset marketplace backed by Standard Chartered Ventures, has been granted In-Principle Approval to operate as a crypto broker-dealer in Abu Dabhi.
Ethereum Price Maze: Will It Soar To $2,000 Or Stay At $1,500 In September?
As Ethereum (ETH) grapples with quite a tense market sentiment, crypto investors are on edge, with some sounding cautionary alarms about the potential for further price erosion before any sign of recovery. The second-largest cryptocurrency by…
Russian Lawmaker Predicts That Digital Ruble Will Displace Banks
Soon it will be possible to get a loan in the digital ruble and decisions will be made by a robot, Anatoly Aksakov, the head of the State Duma Banking Committee, said in a meeting.
Sam Bankman-Fried appeal against bail revocation ‘meritless’: Prosecutors
The New York South District court revoked former FTX CEO Sam Bankman-Fried’s bail on Aug. 11 after an appeal from the prosecution in July citing multiple instances of violation of bail conditions.
China Wants the Digital Yuan to Be Ubiquitous in Retail Payments Arena
China is pushing for universal national adoption of the digital yuan, with People’s Bank of China’s (PBOC) officials stating the currency should be available for all retail payment scenarios. The recent introduction of a standard for…
Shiba Inu Latest Dip – A Bullish Opportunity In Disguise?
Shiba Inu (SHIB) has been making headlines once again, but this time for all the wrong reasons. The popular meme token has been under sustained selling pressure, leading to a significant crack in a critical support level. Despite the recent launch…
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