[Mar 28, 2023 12:00 AM] After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount of cryptocurrency was withdrawn from the exchange. Data from analytics provider Nansen shows $400 million…
[Mar 27, 2023 9:02 PM] Bitcoin price declined and retested the $26,500 support. BTC must stay above the $26,500 support to avoid more losses in the coming sessions. Bitcoin started another decline and retested the $26,500 support. The price is trading below $27,500 and…
[Mar 27, 2023 5:30 PM] Over the years, millions of Bitcoin have been lost forever due to people forgetting or losing their keys, or possibly passing away without passing on their keys. With each passing year, this number grows and more BTC is lost. Now, this number is…
[Mar 27, 2023 4:55 PM] Bitcoin price is currently pulling back alongside the broader crypto market following a strong move from $20,000 to $29,000 in a matter of two weeks. The sharp rally has the market speculating that a bottom might be in. If the bottom is indeed in…
[Mar 27, 2023 4:30 PM] Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400…
[Mar 27, 2023 2:30 PM] Following the announcement of the lawsuit by the US Commodity Futures Trading Commission (CFTC) against Binance, the world’s largest cryptocurrency exchange, there have been reports of significant capital outflows. The exchange has reportedly…
[Mar 27, 2023 2:10 PM] BTC dropped to the lowest level since March 17 after the agency sued the crypto exchange for alleged regulatory violations. Binance Coin (BNB)’s price declined by 5%.
[Mar 27, 2023 1:54 PM] The crypto market corrected on news of the CFTC suing Binance and its CEO Changpeng Zhao, but technical charts reveal a silver lining.
[Mar 27, 2023 10:53 AM] Zero-fee trade volume accounted for 66% of Binance’s trading volume in mid March prior to the decision to eliminate the zero-fee promotion.
[Mar 27, 2023 9:00 AM] The Bitcoin Network Value to Metcalfe (NVM) ratio has hit a high of 0.75 recently. Here’s what this tells us about the current BTC market. Bitcoin NVM Ratio Has Been Riding An Uptrend Recently As pointed out by an analyst in a CryptoQuant…
[Mar 27, 2023 6:20 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for March 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Mar 27, 2023 6:15 AM] Bitcoin started the week trading around the $28,000 mark, as markets reacted to the news that Silicon Valley Bank was to be acquired. First Citizen Bank agreed to buy approximately $72 billion in SVB assets, at a discounted rate of $16.5 billion…
[Mar 27, 2023 5:19 AM] Traders on Binance now set the daily price for BTC with the crypto exchange’s share of trading volume reaching 80%, the report said.
[Mar 27, 2023 4:02 AM] Steve Hanke, a professor of Applied Economics at Johns Hopkins University, is the latest scholar to trash Bitcoin. Bitcoin Has No Fundamental Value, Says Professor In a tweet on March 26, Hanke said Bitcoin is not a currency but a speculative asset…
[Mar 27, 2023 2:30 AM] Tesla CEO Elon Musk has pointed to the “most serious looming issue” in the banking system in a new tweet. On Twitter, Musk was responding to an analysis by The Kobeissi Letter, which noted that more than $2.5 trillion in commercial real…
[Mar 27, 2023 12:09 AM] Bitcoin market liquidity is currently a major point of concern within the cryptocurrency sphere. The lack of depth in the market has led to significant price slippage when large orders are executed, resulting in erratic price swings that can…
[Mar 26, 2023 8:19 PM] Bitcoin price is still consolidating above the $27,000 support. BTC could start a fresh surge if there is a successful move above the $28,150 resistance. Bitcoin is moving higher above the $27,500 resistance. The price is trading above $27,500 and…
[Mar 26, 2023 7:21 PM] ALSO: Sam Reynolds writes that decentralized derivatives platforms are having a liquidity problem. The shortage may stem from crypto traders current caution, but at least one analyst is optimistic that the situation will change.
[Mar 26, 2023 2:30 PM] Greenpeace, the well known environmental NGO, has unveiled the “Skull of Satoshi,” an art installation intended to spark debate about the impact of Bitcoin on the environment. The 11-foot skull was constructed with electronic waste…
[Mar 26, 2023 10:30 AM] As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020…
[Mar 26, 2023 3:30 AM] Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto…
[Mar 25, 2023 9:30 AM] On March 23, 2023, bitcoin experienced another difficulty increase, following two previous rises in the last month, jumping 7.56% higher. Currently, bitcoin miners have not been deterred by the increases, as the network hashrate has been coasting…
[Mar 25, 2023 6:30 AM] Bitcoin moved close to a breakout below $27,000 on Saturday, as markets moved lower following a volatile week of trading. Market uncertainty was high this week, as traders digested the latest Federal Reserve interest rate hike, as well as the…
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