Dex Trade Volumes Plunge 37% Since May; September Volumes Could Be Even Lower
After capturing $66.5 billion in May, decentralized exchange (dex) trade volumes have fallen for four consecutive months, with August statistics reaching a 2023 low of $41.7 billion. Metrics for the first half of September do not show improvement…
Solana Seeing Dark Clouds? Trader Predicts Steady Bottom Formation
Solana (SOL) has been making positive noise recently with a surge in its price. However, one crypto strategist known as Altcoin Sherpa on the social media platform X, believes that the euphoria may be short-lived. Despite last week’s notable…
Malta begins public consultation on revised crypto rules to align with MiCA
Malta has joined France and other EU nations in revising its existing crypto regulatory policies to align with MiCA, which comes into effect in December 2024.
Chainlink (LINK) Notches 9% In One Day As Market Rebounds, What’s Next?
Oracle service provider Chainlink native token LINK has surged today as the crypto market records a significant uptick. The cryptocurrency is up by 9.02%, trading at $6.80 with a trading volume of $198 million, representing an over 179% increase in…
BTC price hits $27.4K as Bitcoin open interest matches Grayscale peak
BTC price gains more than 3% as the week begins, but concerns over open interest “ramping up” almost $1 billion in hours offer a sense of Grayscale deja vu.
Bitcoin, Ethereum Technical Analysis: BTC Surges Above $27,000 as Bulls Return Ahead of Upcoming FOMC Meeting
Bitcoin pushed past the $27,000 level on Monday, as markets prepared for the upcoming Federal Reserve interest rate decision. Bullish sentiment was in full force in today’s session, despite the prospect of yet another rate hike. Ethereum was…
First Mover Americas: Friend.tech Drives Up Coinbase’s Base Blockchain Activity
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 18, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Ethereum Holesky Testnet Already Seeing Issues, What’s Wrong This Time?
In a rare lapse in technological expertise, the recently unveiled Ethereum testnet, Holesky, failed to launch after developers discovered flaws in the testnet’s design. Ethereum Holesky Testnet Riddled With Misconfigurations The crypto community…
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil, Argentina, and Mexico are present in Chainalysis’ 2023 Global Crypto Adoption Index…
Bosch, EU and blockchain companies to build decentralized IoT: IAA Mobility
Bosch and the Peaq network explain how the future of the Internet of Things and the Economy of Things will come via decentralization and on-chain automation.
On September 17, 2015, the U.S. Commodity Futures Trading Commission (CFTC) officially declared Bitcoin a commodity, a distinction that eight years later continues to set it apart from other cryptocurrencies that have yet to earn this status.While…
Introducing Presearch: The Decentralized Search Engine
PRESS RELEASE. La Jolla, California – September 18th, 2023 – Presearch is a revolutionary platform that is changing the way people search the internet. Presearch is a decentralized search engine designed to empower users, respect their…
Was The SEC In Bed With Ethereum? ETH Gate Explained
Conspiracy theory or one of the biggest scandals in crypto? The term “ETH Gate” has been on the lips of every XRP supporter in recent months and, increasingly, the broader cryptocurrency community. At the heart of this issue is the US…
Tether Co-Founder Sizes Up PayPal’s Stablecoin Ambitions
Tether pioneer William Quigley, who was also an early investor in PayPal, said he doubts the payments giant will bring much innovation to the stablecoin space.
Ethereum Co-Founder Insists ETH Is a Commodity Amid SEC Crackdown on Crypto Securities
Ethereum co-founder Joseph Lubin says he stands by his conviction that ether is a commodity despite the U.S. Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, trying to assert authority over all crypto tokens, except bitcoin…
Dogecoin Price Outlook: Could We See A 10% Dip Due To Supply Pressure?
Dogecoin (DOGE) has found itself caught in a tug-of-war between buying pressures and bearish sentiment, leaving investors and enthusiasts wondering about the coin’s future direction. A sudden dip in DOGE’s price sent shockwaves through…
South Korea focuses on OTC crypto regulations as unlawful deals reach $4B
According to the Korea Customs Service report, the value of unlawful foreign exchange transactions made using virtual currency was estimated to be worth $4 billion last year.
Toncoin Shatters Bearish Predictions With 40% Rally – What’s The Story?
Toncoin (TON), in a surprising turn of events amidst a bearish market, has witnessed an extraordinary surge in its price value over the last seven days. Market indicators and metrics have overwhelmingly favored TON, painting a bullish picture for…
Crypto influencer arrested in Hong Kong for JPEX association
Hong Kong police reportedly arrested crypto influencer Joseph Lam (Lin Zuo), who goes by the username “jolamchok” on Instagram, for his association with crypto exchange JPEX.
Crypto Whale Trades $150M in ETH Call Options, Trading Data Tracker Shows
The large flow was concentrated in the so-called out-of-the-money calls, indicating a bullish outlook on the second-largest cryptocurrency by market volume, according to Greeks.Live
Softbank Looking to Invest Billions in AI After Pausing Crypto Investments
Softbank, one of the largest investment management conglomerates in the world, is reportedly eyeing several investments in the artificial intelligence (AI) field after having paused its crypto investments. According to the Financial Times, Softbank…
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