Protocol Village: KuCoin Invests in Solana-Based Mixed-Reality Project DeMR
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Jan. 4-10.
Posts published on January 4, 2024 go to media archive 2/2
USDC Stablecoin Temporarily Depegs to $0.76 on Binance Amid Market Turbulence
Circle’s USDC, typically pegged to the dollar, experienced unexpected volatility on Binance, dipping as low as $0.76 amidst a market rattled by Bitcoin ETF skepticism and a significant liquidation in derivatives. USDC Temporarily Depegs on…
Is This The End Of Dogecoin? Whales Dump 600 Million Coins As Price Crumbles
Adding to the woes of the cryptocurrency market, Dogecoin, the prominent memecoin with the highest market value, has experienced a notable setback with a over 10% drop in its price over the last 24 hours. This downturn follows a trend of…
First Mover Americas: Explaining Bitcoin's Sudden Drop
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Shibarium Transactions Crash Almost 50%, Shiba Inu Price Wobbles
The Shiba Inu layer-2 network Shibarium enjoyed significant success at the end of 2023, crossing several milestones in the process. However, the network looks to be experiencing a cooling-off period following a significant drop in the number of…
Bullish Bitcoin Market Sentiment at Display as 'Buy the Dip' Mentions Soar
Buying the dip is one of the most famous narratives in the crypto community, indicating an intention to purchase the token when the price drops.
‘Web3 Artists Offers Something Web2 Can’t – True Ownership’ — Palm Foundation Director
According to Andrea Lerdo, a director at the art-supporting organization, Palm Foundation, Web3 enables creators and artists to not only exercise control over their content but to connect with their respective audiences in a way not possible on…
Citi Alumni-Founded Startup to Offer Bitcoin Securities That Don't Need Green Light From SEC
RDC's aim is to address the institutional desire to bitcoin investment that may not be satisfied by a spot ETF.
Crypto Analyst Predicts Bullish Hammer For XRP In Upcoming Move
In the ever-fluctuating world of cryptocurrencies, crypto analyst CryptoWzrd has expressed an optimistic prediction for XRP, while highlighting a potential bullish hammer for the crypto asset. A Bullish Hammer For XRP Could Take Place The…
Will 2024 Be the Year of the Bitcoin ETF?
Excitement over a spot bitcoin ETF – a regulated financial product that would give institutional and retail investors easier exposure to bitcoin's price without requiring them to invest directly in the asset – continues to grow.
Nigeria’s Central Bank Fleshes Out New Rule Allowing Crypto Firms’ Access to Bank Accounts
Nigerian banks are still restricted from holding or trading crypto on their own behalf, despite regulators’ softening stance toward digital assets.
Solana Foundation Plans Expansion to Brazil With Over $10M in Investments
The Solana Foundation, the institution in charge of managing initiatives related to the Solana network, has announced it will expand to Brazil. According to local reports, the organization plans to launch a local team and invest over $10 million in…
Bitcoin ETFs Could Spark Huge BTC Trading. The Market Appears Up to the Task
Market makers, like trading firm DRW, have been preparing for months to be able to provide the necessary liquidity to ensure sufficient liquidity should the SEC approve bitcoin exchange-traded funds in the U.S.
Bitcoin Could Rally to $50K as Gensler Faces Pressure to Approve ETF, Traders Say
Major tokens solana (SOL), ether (ETH) and Cardano’s ADA started to stabilize early Thursday after dropping more than 10% in the past 24 hours.
Bitcoin Price Reclaims $43,000 On Rumor Of ETF Approval Tomorrow
In a strong turnaround from yesterday’s flash crash, the Bitcoin (BTC) price has staged a recovery, breaching the $43,000 mark. This surge comes after yesterday’s intense volatility, where the cryptocurrency giant witnessed an over 11% flash…
Cathie Wood's ARK Invest Offloads $25M of Coinbase Shares
Coinbase's Nasdaq-listed stock fell 2.96% Wednesday to $152.24 as the crypto market's rally halted.
Defi Platform Radiant Capital Loses Digital Assets Worth $4.5 Million After Flash Loan Attack
Expected Fed Rate Cuts Support Bull Case in Bitcoin, But There Is a Catch
Renewed rate cuts by the Fed have historically presaged recessions and triggered rotation of money out of risk assets.
'Deniers Are Crypto's Flat Earthers' as Markets Flash 83% Odds of Bitcoin ETF Approval
The popular Polymarket market bet “Bitcoin ETF approved by Jan 15?” has attracted almost $1 million in volume from hundreds of users.
Vitalik Buterin Blessing Boosts ENS Price: Token Soars On ‘Super Important’ Label
ENS, which stands for the Ethereum Name Service, witnessed a phenomenal increase of more than 50% in the value of its governance token on Wednesday. The abrupt increase in price may be ascribed to the influential endorsement provided by Vitalik…
STX20 Protocol Demonstrates Potential for Scaling Bitcoin Ordinals on an L2 Network
According to developers behind the project, the debut of the STX20 protocol on Stacks’ Bitcoin layer two (L2) has marked a pivotal moment for Ordinals-style assets. Amid growing demand for innovative use cases in the Bitcoin ecosystem, the Stacks…
SEI What? Token Rules Top 100 Listing With 80% Rally As Crypto Market Wobbles
The SEI token from the Sei Network has witnessed a remarkable 80% increase in value in the past week, as most of the leading cryptocurrencies drown in red amid wild speculations about the approval of a Bitcoin ETF by the US Securities and Exchange…
Tron Price Prediction: TRX Could Outperform Bitcoin And Surge 10%
Tron price is holding gains above the $0.1050 support against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1105. Tron is moving higher above the $0.1050 resistance level against the US dollar. The price is trading…