GBTC Experiences Record Bitcoin Outflow; Blockguard CEO Advises Investor Calm Amidst Market Shift
Grayscale’s spot bitcoin exchange-traded fund (ETF), known as GBTC, has experienced increased outflows since its recent update. Present data reveals that a substantial 14,292.18 bitcoin, valued slightly above $556 million, exited the fund…
XRP Buy Signal That Resulted In 60% Rally Has Gone Off Again
An analyst has explained that XRP has just witnessed a buy signal on its 3-day chart. The last time the pattern appeared, the asset’s price rallied almost 60%. XRP Has Recently Formed A TD Sequential Buy Setup In a new post on X, analyst Ali…
One of the central value propositions of Bitcoin is that no matter what happens, if you pay a high enough fee some miner out there in the world will confirm your transaction. In other words, Bitcoin is censorship resistant. There is a very good…
Ethereum Interoperability Hub Polymer Raises $23M Series A Funding From Marquee Investors
The funding round was co-led by Blockchain Capital, Maven 11 and Distributed Global and included contributions from Coinbase Ventures, Placeholder and Digital Currency Group.
Cornell University’s College Scholar Program Approves First Bitcoin Focused Degree
Cornell University's College of Arts & Sciences' College Scholar Program has officially approved the first independent Bitcoin-focused study on January 11th. The pioneer behind this academic milestone is Ella Hough, a student at Cornell University…
Maxine Waters Questions Meta’s Digital Asset Ambitions
Maxine Waters has sent a probing letter to Meta, querying the tech giant’s recent spate of trademark applications related to digital assets and blockchain technology. Maxine Waters Suspects Meta’s Renewed Interest in Digital Assets…
Is XRP Price At $20 Possible? Crypto Analyst Predicts Stunning Move
Crypto analyst Jaydee has outlined a scenario in which the XRP price could rise to as high as $20 at the peak of the next bull market. According to him, this price level is possible if certain factors are considered. What Will Facilitate XRP Price…
Bitcoin Adoption In Pakistan Continues To Rise Without Regulatory Clarity
Pakistan is one of the emerging markets in Southeast Asia with a population of approximately 250 million, and a country where the majority of the population lives below the poverty line. The people of Pakistan are hopeful; many believe that good…
Bitcoin Sinks Below $39,000 as Market Pressure Intensifies
Over the past day, bitcoin’s value has experienced further decline, now plummeting below the $39K mark as ongoing bearish trends exert downward pressure. Following its dip under the $40K barrier on Monday, the leading crypto asset further…
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
In an exciting turn of events, Shibarium, the Ethereum-based layer 2 blockchain of Shiba Inu, has witnessed yet another crucial milestone in its overall number of transactions carried out on the platform. Shiba Inu Blockchain Latest Milestone The…
Denver Pastor Accused of Misappropriating $1.3 Million Raised via a Crypto Token Sale
The Colorado Securities regulator has accused the pastor of an online-only church of illegally pocketing $1.3 million which was raised via the sale of a cryptocurrency he created. A judge in Colorado has since ordered the closure of the pastor and…
Bitget Unveils New Messi Film to Kick off Second Year of Messi Partnership
PRESS RELEASE. Victoria, Seychelles, Jan 23, 2024 – Bitget, the world’s leading cryptocurrency exchange and Web3 company, today launches a new brand film about the internationally recognized footballer Lionel Messi to kick off their…
US Senator Elizabeth Warren Comments Digital Assets Are Used to Evade Economic Sanctions
U.S. Senator Elizabeth Warren criticized the illegal use of cryptocurrency assets by bad actors. Commenting on a report issued by the U.S. Government Accountability Office (GAO), Warren declared that “rogue nations are using crypto to dodge…
The Bitcoin price has plummeted below the $39,000 mark, the lowest level since December 2. This significant drop can be attributed to three main factors that have collectively contributed to the current market sentiment and price action. #1 Selling…
Bitcoin Under $39K as ETF Debut Continues to Be a ‘Sell-the-News’ Event
BTC was down nearly 5% in the past 24 hours, reaching its lowest level in two months. The CoinDesk 20, a liquid index of the highest tokens by market capitalization, fell 7%.
Study: Financial Losses on BNB Chain Due to Hacks and Scams Fell by 85% in 2023
In 2023, financial losses on the BNB Smart Chain due to exploits or breaches fell by 85% to $161.1 million, according to the findings of a new Avenger DAO study report. The study data also shows that Q2 of 2023 was the costliest quarter, with…
JP Morgan Reveals Likelihood Of Spot Ethereum ETFs Getting Approved
Now that Spot Bitcoin ETFs have been approved by the United States Securities and Exchange Commission (SEC), the crypto space anticipates more ETFs to enter the market, particularly Spot Ethereum ETFs. Despite this, analysts at JP Morgan, an…
Celsius Dump Triggers Ethereum Dive: $35 Million Sell-Off Sends ETH Price Crashing
Celsius Networks, currently undergoing bankruptcy proceedings, has engaged in significant Ethereum transactions that are causing ripples within the digital currency landscape. In the past 10 hours, on-chain analysts at LookonChain detected…
New Web3 and Blockchain Focused VC Fund, Paper Ventures, Launched With Initial Capital of $25 Million
Paper Ventures, a new blockchain venture capital (VC) fund focused on early-stage Web3 and blockchain projects, has been launched with an initial fund of $25 million. The fund, founded by experienced venture capitalists, will not only invest in…
Payu Coin Looks To Bring Meme Coins Together In One, Ultimate Platform
PRESS RELEASE. Payu Coin ($PAYU) aims to become the premier platform bringing together meme coins on the Binance Smart Chain (BSC). Its strategic features set it apart in the competitive market which is often highly volatile and unpredictable with…
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