[May 17, 2023 6:00 PM] Bitcoin (BTC), the leading cryptocurrency by market capitalization, has been trading in a sideways trend since its drop from the $28,000 level. As of the time of writing, BTC is currently valued at $26,800, having experienced significant declines…
[May 17, 2023 5:30 PM] The price of SUSHI, the native token of SushiSwap, a decentralized exchange, is down 45% from February 2023, when prices peaked at $1.63, the highest level in six months. SushiSwap Token Redesign This contraction is despite the successful…
[May 17, 2023 4:30 PM] Tether, the company managing the reserves of the world’s largest stablecoin USDT, has announced a new investment strategy aimed at strengthening its reserves portfolio. Tether will now allocate up to 15% of its net realized operating profits toward…
[May 17, 2023 3:07 PM] Amid climbing transaction fees and increased development activity, bitcoiners are warring over the future of the network. Is this a replay or a result of the so-called Blocksize Wars.
[May 17, 2023 11:30 AM] Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized the company’s possession…
[May 17, 2023 9:02 AM] Crypto investors are attempting to capitalize on the latest wave of meme coin mania by tracking the movements of early pepecoin (PEPE) buyers.
[May 17, 2023 8:06 AM] Cypherpunk Jameson Lopp highlights the need for easier-to-use, improved self-custody solutions and more on-ramp avenues to drive Bitcoin adoption.
[May 17, 2023 6:30 AM] Bitcoin fell below the $27,000 level on May 17, as market uncertainty remained high amidst the debt ceiling crisis in the United States. Congress continues to negotiate terms of a potential increase to the limit, before the U.S. government runs out…
[May 17, 2023 6:27 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[May 17, 2023 6:00 AM] The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings.
[May 16, 2023 4:00 PM] On-chain data shows a Bitcoin indicator is currently retesting a crucial level that could decide the direction the market takes from here. Bitcoin Short-Term Holder SOPR Has Plunged To A Value Of 1 As pointed out by an analyst in a CryptoQuant…
[May 16, 2023 3:50 PM] The project formerly known as "Taro" has been rebranded "Taproot Assets" after Lightning Labs was hit with a trademark infringement lawsuit. The new offering comes with a "core set of features to bitcoinize the dollar," according to the firm.
[May 16, 2023 3:21 PM] Treasury Secretary Janet Yellen warned the U.S. could breach its debt limit by June 1, potentially setting off a recession in the event of default.
[May 16, 2023 3:00 PM] In the world of cryptocurrency, the market can be a confusing and volatile place. This is especially true for Bitcoin (BTC), which has seen its fair share of ups and downs in recent days. Jackis, a well-known analyst in the crypto community, has…
[May 16, 2023 1:36 PM] Banning or taxing crypto mining out of existence isn’t going to solve this country’s issues around power consumption and grid stability – but supporting Bitcoin just might.
[May 16, 2023 1:30 PM] Over the past four days, there has been a surge in Ordinal inscriptions, and as a result, the BRC20 token economy has experienced significant growth with over 10,000 additional coins. The current value of the BRC20 token economy now stands at…
[May 16, 2023 11:30 AM] On May 15, 2023, the number of Ordinal inscriptions surpassed the 7 million mark and as of 9:00 a.m. Eastern Time on Tuesday morning, 7,204,882 Ordinal inscriptions have been added to the Bitcoin blockchain. Miners have collected 1,324 bitcoin in…
[May 16, 2023 8:30 AM] On Tuesday, the crypto firm Okx announced the launch of a new Ordinals marketplace. The platform is accessible via the Okx Wallet and will enable users to mint and trade Ordinal inscriptions and BRC20 tokens. While the Ordinals marketplace is still…
[May 16, 2023 7:06 AM] Bitcoin's realized price looks set to cross above the average on-chain acquisition price of long-term holders, indicating a prolonged bullish period ahead.
[May 16, 2023 6:30 AM] Bitcoin consolidated below a key price floor on Tuesday, as markets were preparing for upcoming U.S. retail sales figures. Following two months of declines, sales in the United States are expected to rebound, as inflation cools off. Ethereum…
[May 16, 2023 3:03 AM] As Ethereum has shifted from PoW to PoS, the economics of supply and demand underlying the two cryptocurrencies will continue to diverge, one observers said.
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