[May 22, 2023 4:19 PM] According to data platform CryptoSlam, NFTs on Bitcoin have grossed about $167 million in the past thirty days, creeping up on Ethereum’s number one position, which was roughly $397 million over the same period.
[May 22, 2023 4:00 PM] Mike McGlone, a senior commodity strategist at Bloomberg, has highlighted Bitcoin’s (BTC) historical patterns of boom and bust, which are closely tied to liquidity. According to McGlone, Bitcoin’s current price level of around $27,000…
[May 22, 2023 3:30 PM] Bitcoin volatility has dropped as new liquidity is not flowing into the market, but on-chain data presents multiple reasons why BTC investors continue to hold.
[May 22, 2023 1:30 PM] As bitcoin enthusiasts commemorate Bitcoin Pizza Day, marking the 13th anniversary of Laszlo Hanyecz’s acquisition of two pizzas for 10,000 BTC on May 22, a dormant sleeping bitcoin wallet from July 2010 has made a transaction of 50 BTC…
[May 22, 2023 8:30 AM] Throughout May, the crypto market has remained steady, with a valuation just above the $1 trillion mark. Over the past 30 days, both bitcoin and ethereum prices have remained relatively stable. However, recent data reveals a significant amount of…
[May 22, 2023 7:48 AM] Bitcoin is a volatile asset but BTC price can get stuck inside narrow trading ranges for week, if not months for multiple reasons.
[May 22, 2023 7:19 AM] Per Observers, U.S. Treasury's efforts to build back cash balances post-debt deal will suck out the dollar liquidity from system, pushing bitcoin lower.
[May 22, 2023 7:00 AM] Bitcoin continued to consolidate on Monday, ahead of U.S. debt ceiling talks with President Biden and Republican House Speaker Kevin McCarthy. It is expected that if a deal isn’t reached this week, the government will run out of cash on June…
[May 22, 2023 6:20 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[May 22, 2023 6:00 AM] The first known crypto transaction was 10,000 Bitcoin for two pizzas; 13 years on, its ingredients alone equate to millions of dollars worth of Bitcoin.
[May 22, 2023 1:22 AM] Tighter price ranges result from markets running into competing influences. Eventually, some narratives take the back seat, paving the way for a volatility explosion.
[May 21, 2023 6:53 PM] ALSO: Crypto companies and trade organization are spending a fraction of the amount that other industries are allocating for lobbying. That may change.
[May 21, 2023 3:30 PM] As of Sunday, May 21, 2023, over 8.3 million Ordinal inscriptions have found their place on the Bitcoin blockchain, accompanied by a count of 24,677 BRC20 tokens. These new BRC20 tokens have also amassed a collective market capitalization of $483…
[May 21, 2023 2:50 PM] Marathon CEO Fred Thiel tells CoinDesk in an interview that he wants to make sure development and maintenance of the open-source Bitcoin Core client software are "properly funded."
[May 21, 2023 11:30 AM] With the 2024 U.S. presidential election drawing near, the enthusiasm of bitcoin and cryptocurrency advocates has intensified, as two candidates have emerged in the race who openly express their support for bitcoin and willingly accept the dominant…
[May 20, 2023 1:30 PM] Although Bitcoin’s network transaction fees have decreased and a portion of the unconfirmed transfer backlog has diminished, the protocol still grapples with over 289,000 transactions awaiting confirmation. As of this writing, more than 218…
[May 20, 2023 6:30 AM] Bitcoin started the weekend in consolidation, as markets remained nervous despite somewhat dovish comments from U.S. Fed Chair Jerome Powell. Speaking on Friday, Powell stated that rates may not be increased by as much as initially expected…
[May 19, 2023 5:30 PM] Before taking the stage at the Bitcoin 2023 conference in Miami, U.S. presidential hopeful Robert F. Kennedy Jr. emphasized the democratic nature of bitcoin, calling it an “exercise in democracy.” Additionally, during his Florida…
[May 19, 2023 2:58 PM] Strike, led by Jack Mallers, currently operates in the U.S., Argentina and El Salvador. The push into new markets in Africa, Latin America, Eastern Europe, Asia and the Caribbean would add a host of additional countries, from Antigua and Barbuda to…
[May 19, 2023 2:01 PM] The recovery in Bitcoin and most major altcoins halted near respective overhead resistance levels, indicating that the bears are active at higher levels.
[May 19, 2023 1:57 PM] “The financial stability tools helped to calm conditions in the banking sector. Developments there, on the other hand, are contributing to tighter credit conditions,” says U.S. central bank chair Jerome Powell in a Friday panel.
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