Over 600 Stablecoins ‘Depeg’ in 2023, Moody’s Analytics Launches Monitoring Tool
Stablecoins, the crypto assets crafted to mirror the stability of fiat currency, have encountered over 600 significant instances of price instability in 2023, as per Moody’s Analytics. A ‘depeg’ or ‘depegging’…
Why Institutional Allocation to Crypto Is on the Rise
Financial insitutions have been slow to get into digital asset markets. But, as regulatory clarity improves, that’s about to change, says Erik Anderson, Global X’s Senior Digital Assets Research Analyst.
Bitcoin May Be Headed Towards 20%+ Decline Based On This Pattern
Bitcoin could see a decline of at least 20% in the near future, if the historical pattern of this indicator is anything to go by. Aggregated Open Interest Of Assets Except Bitcoin Is Forming A Bearish Pattern In a new post on X, CryptoQuant…
Sol, Memes, BTC: Digital Assets That Currently Outperform the Market
While the overall crypto market remains down from its highs during the bull run of 2021 and 2022, there are several bright spots. Here, according to CoinDesk Indices, are the ones to watch.
Exploring Bitcoin in the University: Preparing A Foundation For Widespread Adoption
The unexpected message I got from a student was simple enough: “Any chance you're doing any sort of independent study regarding crypto or anything of that nature?” I had no intention of teaching a course on crypto. But I had been thinking of…
Cardano (ADA) 50-Week EMA Flashes Bullish, Is $0.45 On The Way?
Cardano (ADA) is one of the altcoins that has seen major gains in recent days, and this has ignited chatter about how the crypto token could climb. In line with this, Dan Gambardello, the founder of Crypto Capital Venture, has some answers as he…
‘107,000 GPUs on the waitlist’ — Io.net beta launch attracts data centers, GPU clusters
Io.net’s recently developed decentralized physical infrastructure network has moved into its beta phase, allowing GPU computing providers to plug into the platform.
BRC20 Token ORDI Skyrockets Over 40% as Binance Announces Listing
On Tuesday, the BRC20 token, dubbed ordinals (ORDI), soared over 40% against the U.S. dollar, fueled by news from Binance about its impending inclusion on the exchange’s roster of traded currencies. ORDI rocketed from an early 24-hour low of…
Biden AI executive order ‘certainly challenging’ for open-source AI — Industry insiders
The executive order on AI safety from the Biden administration has laid out its standards for the industry. However, its vagueness has raised concerns among the AI community over stifling innovation.
First Mover Americas: Bitcoin Ordinals Protocol Token Jumps 50%
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Coinbase Blocked in Kazakhstan for Breaking New Digital Assets Law: Report
Issuance, circulation, and offering trading of "unsecured digital assets" is prohibited outside the country's financial center under laws that came into effect earlier this year.
Bitcoin Price Targets $46,000 As DXY Receives Kiss Of Death
In a striking dual analysis, the financial charts paint contrasting futures for the US Dollar Index (DXY) and Bitcoin (BTC). Gert van Lagen, a technical analyst, has provided a bearish prognosis for the DXY, while simultaneously highlighting a…
Elon Musk: None of My Companies Will Issue 'Crypto Tokens'
It appears X, Tesla, SpaceX, Neuralink, and xAI won't be issuing their own cryptocurrency anytime soon.Announced on X late last week, Elon Musk has declared that none of his companies will be launching a cryptocurrency token, in a move…
South African Financial Giant Says It Will Inject Capital Into ZARP Stablecoin Network
South Africa’s Old Mutual Wealth and financial services provider Inves Capital recently revealed plans to inject liquidity into the ZARP stablecoin network. Inves Capital’s managing director said “crypto is entering a new…
SwissGold Crypto AG Launches Gold-Backed NFTs for Wealth Preservation
PRESS RELEASE. Zug, Switzerland – SwissGold Crypto AG, a Swiss-regulated crypto issuer, introduces a novel solution to the wealth preservation challenge in times of inflation and uncertainty: gold-backed non-fungible tokens (NFTs). Gold’s enduring…
Cogwise Real-Time Trading AI Model’s Test Phase Brilliance: Averaging 16.8% Weekly Returns
In a groundbreaking development for the world of finance and investment, the Cogwise AI team has unveiled a cutting-edge feature that is poised to change the way traders make decisions. The innovative “AI News Aggregator” integrates…
Ethereum Bullish Revival: Will This Breakthrough Lead To A New Market Phase?
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has exhibited a promising technical development, igniting optimism within the crypto community. The formation of a bullish flag pattern within the daily timeframe has…
VARA demonstrates how regulators, market can work in tandem — VARA vice chair
Deepa Raja Carbon told Cointelegraph that VARA took a collaborative approach by consulting stakeholders, legislators and the general public to develop its virtual asset regulatory guidelines.
The story of "United States v. Sam Bankman-Fried" isn't quite over yet. Now that he's been found guilty on seven different charges, a few different things are going to happen.
SHIB, DOGE Top Open Futures Rankings as Bitcoin Rally Spurs Risk-Taking
SHIB and DOGE have seen highest percentage growth in futures open interest since Nov. 1, outshining bitcoin and ether in a sign of increased investor risk appetite in the crypto market.
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