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NFT Sales Drop 5.4% to $193M, Ethereum Dominates with $107M in Sales: Weekly Recap

[Mar 25, 2023 1:30 PM] Over the past week, statistics show non-fungible token (NFT) sales totaled $193.08 million, down 5.44% from the previous week. Ethereum dominated NFT sales with more than $107 million or 55% of all sales, while Solana-centric NFT sales recorded…

Crypto Pundits Romance the Hyperinflation and Dollar Death Narrative. Is It a Real Scare?

[Mar 24, 2023 4:45 PM] Coinbase's former CTO, among others, has predicted that bitcoin will reach $1 million as the dollar fades, but these doomsayers are ignoring other historical precedents.

Bitcoin Edges Below $28K as Investors Weigh Deutsche Bank Contagion Fears

[Mar 24, 2023 3:21 PM] But the largest cryptocurrency by market capitalization is still up about 16% in March. Ether dropped below $1,800.

Bitcoin bulls remain bullish, but macro and crypto-specific hurdles have BTC pinned below $30K

[Mar 24, 2023 3:00 PM] All the pieces are in place for BTC to rally to $30,000, but escalating economic uncertainty and regulatory pressure add strength to the key resistance level.

Price analysis 3/24: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

[Mar 24, 2023 2:00 PM] Bitcoin and altcoins could see profit-taking and risk-off positioning as the weekend approaches and investor concerns about Deutsche Bank arise.

Bitcoin likely to outperform all crypto assets following banking crisis, analyst explains

[Mar 24, 2023 1:30 PM] The banking crisis is a catalyst for the next crypto bull run, in which Bitcoin will likely outperform all crypto assets, says Bloomberg analyst Mike McGlone.

Here's Why Crypto Traders Should Be Attentive to 'De-Inversion' of Treasury Yield Curve

[Mar 24, 2023 7:58 AM] Treasury curve suggests the widely-anticipated U.S. economic recession is near. Historically, the signal has brought pain to risk assets.

Arbitrum Tokens Rack Up $2B in Trading Volume, Analysts Point to Growth Ahead

[Mar 24, 2023 6:34 AM] Integration into Arbitrum’s wider DeFi system could provide some new impetus for bullish sentiment for ARB tokens, one exchange executive said.

First Mover Americas: Bitcoin Clings to $28K as Turbulent Week Draws to Close

[Mar 24, 2023 6:31 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for March 24, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Arbitrum, Ether Liquidity Providers Earn $500K From ARB Airdrop

[Mar 24, 2023 1:08 AM] Yields on liquidity pools are paying out as much as 800% annualized as users rush to claim ARB tokens.

ARK Buys the Wells Dip With $17.7M COIN Purchase

[Mar 23, 2023 9:34 PM] Coinbase shares tumbled 16% Thursday, after the company disclosed late Wednesday it had received a Wells Notice from the Securities and Exchange Commission.

First Mover Asia: Bitcoin Regains Momentum as Investors Shrug Off Banking, Fed Concerns

[Mar 23, 2023 5:52 PM] ALSO: CoinDesk's market analyst writes that a decrease in the number of bitcoin addresses with a balance of more than 1,000 bitcoins suggests that large, institutional investors are reluctant to add to their coffers.

Bitcoin Holds Steady Above $28K, Ether Rises in Post-Rate Hike Rally

[Mar 23, 2023 2:31 PM] Bitcoin jumped above $28,800 earlier Thursday before retreating. Ether rose above $1,850, its highest level since August.

Bitcoin corrects on Fed rate hike, but bulls are prepared for Friday’s $1.2B options expiry

[Mar 23, 2023 2:00 PM] BTC price dropped as the Fed rolled out a 0.25% rate hike, but improving housing market data and Bitcoin options data suggests that bulls are ready for this week’s expiry.

Arbitrum Airdrop Goes Live: ARB Price Drops More Than 85%

[Mar 23, 2023 12:30 PM] On Thursday, the Arbitrum airdrop claiming process went live and ARB markets dropped more than 85% lower than pre-IOU market prices recorded the day before. Arbitrum airdropped just over a billion ARB tokens, or 11.6% of the total supply. At noon…

Arbitrum Token Settles at $1.38 Amid Airdrop Claim Chaos

[Mar 23, 2023 7:54 AM] The Arbitrum token (ARB) is now trading at around $1.38 across centralized and decentralized exchanges after a turbulent launch.

Arbitrum's ARB Token Trades at $3.99 as 625,143 Wallets Receive Airdrop

[Mar 23, 2023 7:12 AM] The long-awaited Arbitrum token (ARB) made its trading debut Thursday as volatility spiked on decentralized exchanges.

First Mover Americas: SEC Warns Coinbase

[Mar 23, 2023 6:18 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for March 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Floor Prices for Donald Trump NFTs Surge on News of Possible Indictment

[Mar 23, 2023 5:39 AM] Floor prices of NFTs related to the former U.S. president are up double digits since March 17.

Bitcoin Miners' Revenue From Fees Rises Suggesting the Onset of Major Bull Run

[Mar 23, 2023 4:48 AM] The two-year Z-score for miner revenue from fees has turned positive after a long time, signaling new waves of adoption. Historically, that has marked beginnings of major bull runs.

Arbitrum Daily Transaction Count Hits Record High Ahead of Token Airdrop

[Mar 23, 2023 2:10 AM] Arbitrum is decentralizing by launching its governance token ARB.

Bitcoin Inches Toward $28K as Traders See $260M in Futures Liquidations

[Mar 23, 2023 1:40 AM] Some remain upbeat about the medium-term outlook for bitcoin and the broader market.

Avalanche Blockchain's X and C Networks See Brief Outage

[Mar 23, 2023 1:37 AM] On-chain data shows that transactions sent over X-Chain are lagging, while C-chain has recovered from an earlier outage.

ARB Token Airdrop: Anticipation Spurs IOU Markets for Arbitrum’s Native Cryptocurrency Asset

[Mar 22, 2023 9:30 PM] A week ago, the Ethereum layer two scaling solution Arbitrum announced the launch of its native token called ARB, and since then IOU markets have launched giving some indication of how much the token may be worth. ARB claiming begins March 23 and…

First Mover Asia: Blockchain-Enabled SIM Card for Crypto Investors Fuels Conflux Growth; Bitcoin Holds Near $27.3K After Fed Decision

[Mar 22, 2023 7:44 PM] ALSO: The SIM card offers the security of a hardware crypto wallet but with more convenience, says Conflux’s chief technology officer in a Q&A with CoinDesk's Shaurya Malwa.

Binance Curb on Zero-Fee Trading May Cost Market Share, Boost TrueUSD Stablecoin: Kaiko Research Head

[Mar 22, 2023 5:02 PM] Binance abolished almost all zero fee trading pairs from its platform after nine months, only keeping the promotion for the TUSD-bitcoin pair.

Bitcoin Sinks Below $27K as Federal Reserve, Powell Keep Focus on Inflation

[Mar 22, 2023 2:12 PM] The U.S. central bank confirmed expectations of raising the rate by 25 basis points.

Tron Network’s TRX Drops 13% Following SEC Charges Against Justin Sun

[Mar 22, 2023 1:58 PM] Other Sun-related tokens such as SUN, JUST and HT also took hits amid the SEC allegations.

Ethereum price at $1.4K was a bargain, and a rally toward $2K looks like the next step

[Mar 22, 2023 1:45 PM] ETH’s correlation with tech stocks, its increasing total value locked and its deflationary token economics all suggest that the path to $2,000 is programmed.

Bitcoin Emerges as Safe Haven as Traditional Finance Faces Turmoil

[Mar 22, 2023 11:40 AM] Conflicting data creates the question of how the Fed will react to both rising inflation and failing banks - and whether bitcoin will be a lifeboat.