Biggest Movers: XRP, MATIC Move to Multi-Week Highs on Wednesday
XRP was a big mover on Wednesday, despite cryptocurrency markets mostly consolidating in today’s session. Traders have moved to secure recent gains, ahead of September’s Federal Reserve interest rate decision. Polygon was also in the…
Sam Bankman-Fried’s Empire Was Crushed by This Infamous Balance Sheet. Here’s More of the Story
The infamous balance sheet of Sam Bankman-Fried’s trading firm, Alameda Research, served as the basis for a Nov. 2, 2022, story by CoinDesk’s Ian Allison. The article raised questions about how sturdy the company’s financial underpinnings were –â€
Introducing RFK Jr. to Bitcoin’s Nashian Orientation
The Bitcoin-Backed Dollar in Dialogue In July a bitcoin-related topic was broached by Robert Kennedy Jr., which to my knowledge has not been addressed by anyone holding the top office of the executive branch or a notable candidate for the…
Bearish Signal? Bitcoin Whale Wakes Up From 6-Year Slumber And Transfers $56 Million
Movement of dormant Bitcoin addresses has been sporadic this year, with most causing a stir and rising interest amongst the Bitcoin community. In the latest record of whale transactions this year, on-chain data has shown that a set of dormant…
'We Can't Build Something Like This on Ethereum,' Says DYdX Founder as Mainnet Nears
In an exclusive interview, Antonio Juliano, founder of dYdX (and a former Coinbase software engineer), discusses his project's move to build a new layer-1 blockchain using Cosmos technology.
Ethereum Path To $1,700 – Predictions For The Week Ahead
Ethereum (ETH) enthusiasts have found a glimmer of hope in the recent bullish reversal as the entire crypto market appears to be headed for recovery. The second-largest cryptocurrency by market capitalization experienced a significant upturn…
Awakening of 2012 Bitcoins: 8 Transfers Mobilize 520 BTC After 11 Years
In September 2023, a flurry of dormant so-called “sleeping bitcoins” from 2012 stirred to life. On September 18, a whopping 909 BTC worth more than $24 million changed hands. Not resting there, the momentum carried into the next day…
Ethereum-Based Balancer Under Attack, Users Receive Warning
Across their social media channels, Ethereum-based decentralized exchange (DEX) Balancer reported an attack against its front end. The platform confirmed that a Domain Name System (DNS) attack targeted the DEX, preventing users from accessing the…
Bitcoin retreated from recent highs on Wednesday, ahead of the upcoming U.S. Federal Open Market Committee (FOMC) interest rate announcement. The Fed is expected to keep rates unchanged, despite inflation rising by more than expected in August…
Arbitrum Blockchain Traders Can Now Protect Against 'Impermanent Loss'
GammaSwap developers say it's the first application to allow Arbitrum users to hedge against supplied liquidity by letting them go short on those positions.
First Mover Americas: Bitcoin Hovers Around $27K Ahead of Fed Decision
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 20 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Price May Boom in October, Could Hit $37K by Year-End: Matrixport
The world’s largest cryptocurrency generally outperforms in the fourth quarter, returning on average more than 35% over the past nine years, the report said.
Kenyan Minister: US Government Recently Foiled Attempt to Detain Worldcoin Representatives
Kenyan law enforcement recently detained two Worldcoin executives as they attempted to depart the country. According to the Kenyan Interior Minister, the duo were eventually let go after the U.S. government’s intervention. U.S. Government…
Ripple Stirs Debate By Shuffling $260 Million In XRP: What’s Behind The Move?
Ripple Labs has once again become the focus of much scrutiny and debate within the XRP community. Recent data points to a series of high-volume XRP transactions totaling 506 million tokens, valued at approximately $260 million, carried out over the…
UK Just Passed an Online Safety Bill That Will Apply to the Metaverse
The bill requires companies to assess the likelihood that children will encounter harmful content in virtual worlds and have measures in place to mitigate such risks.
What Are Rollups? Ethereum’s Main Scaling Solution Examined
Rollups are structures that have been designed as a way of scaling Ethereum’s capacity to process transactions and data. They group a bunch of tasks and compute them offchain, only posting the result of these transactions to Ethereum…
Is $10,000 Possible For XRP Price? Crypto Analysts Weigh In
The possibilities of how high the XRP price can go has triggered heated debate among crypto community members over the past week. One particular forecast put the price of the cryptocurrency as high as $10,000 as Ripple advances in the payments…
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