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Milady NFTs Get Dogecoin Treatment as Prices Retrace Days After Elon Musk Tweet

[May 26, 2023 1:37 AM] Top holders of LADYs meme coins are sitting on unrealized profits worth millions of dollars.

The Invisible Hand Restricting Bitcoin and Ether Price Swings

[May 26, 2023 12:58 AM] Hedging activity of market makers, who are always on the opposite of investors' trade, seems to have kept prices rangebound off late.

USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets

[May 25, 2023 6:57 PM] The miner will receive $15 million management fee for the Celsius mining assets, which it will operate exclusively.

First Mover Asia: Bitcoin Holding Pattern Continues as Lawmakers' Make Progress in Debt Limit Negotiations

[May 25, 2023 5:45 PM] ALSO: Graphics-chip manufacturer Nvidia's powerful GPUs were well-suited for bitcoin mining, but they now seem primed to boost the company's sales because of their usefulness in artificial intelligence technology, which is rising in importance.

Nike OF1 NFT Sale Surpasses $1M Despite Delays, Tech Issues

[May 25, 2023 3:52 PM] The highly-anticipated virtual sneaker sale on .SWOOSH faced persistent delays, leaving some users frustrated. Meanwhile, Nike has so far labeled the release as a success.

U.S. Presidential Candidate Ramaswamy Takes Potshot at DeSantis Bitcoin Remark

[May 25, 2023 3:19 PM] The largest cryptocurrency is suddenly a talking point in the 2024 race, after Florida Governor Ron DeSantis declared he would “protect the ability to do things like Bitcoin” during the launch of his campaign on Twitter on Wednesday.

DCG Sunsets Trade Execution, Prime Brokerage Unit TradeBlock

[May 25, 2023 3:11 PM] The crypto conglomerate suffered a loss of more than $1 billion last year.

Bitcoin Lingers Below $26.5 Amid Debt Ceiling Worries

[May 25, 2023 2:56 PM] Unemployment and productivity data arrived stronger than expected but investors seemed focused narrowly on the ongoing negotiations that will determine if the U.S. government has to default on its debts.

Etonec and Mina Foundation to Create ZK-Powered Compliance Tool By Year’s End

[May 25, 2023 2:48 PM] The product is designed to enable DeFi and Web3 communities to comply with regulations while maintaining community members’ privacy.

Bankrupt Lending Platform Celsius Agrees To Purchase Bid By Fahrenheit

[May 25, 2023 2:38 PM] Bankrupt lending platform Celsius Network LLC has announced that it has selected a proposal by Fahrenheit as the winning bid to lead the company out of bankruptcy, according to reporting by Reuters.Celsius, which filed for Chapter 11 protection in…

Alameda-Backed ‘Samcoins’ CEO Alex Grebnev Sued by CoinTelegraph Owner Gregory Fishman

[May 25, 2023 2:00 PM] Alex Grebnev, CEO of the Maps.me (MAPs) and Oxygen (OXY) cryptocurrency projects closely linked to Sam Bankman-Fried’s failed FTX empire, is being sued by Gregory Fishman, reportedly an owner of crypto news site CoinTelegraph on allegations of fund…

Brazil's Central Bank Selects 14 Participants for CBDC Pilot

[May 25, 2023 2:00 PM] Among those selected are the largest local banks, Visa and Microsoft.

Nvidia's Blockbuster Outlook Reminds Bitcoin Miners to Give AI a Look

[May 25, 2023 1:58 PM] Bitcoin miners might find non-mining AI applications too tantalizing to pass up.

Liquid Staking Protocol Lido’s Defi Dominance Swells From 7% to 26% in 12 Months

[May 25, 2023 1:30 PM] According to statistics, the liquid staking platform Lido accounted for 7.45% of the total value locked in decentralized finance (DeFi) a year ago today. Since then, Lido’s market dominance has significantly increased over the last 12 months…

Bitcoin Payments App Bottlepay To Shutdown Services

[May 25, 2023 11:36 AM] Bottlepay, a popular consumer app for Bitcoin transactions, has announced its closure on Monday, July 24, 2023, leaving users with the task of withdrawing their funds. The company stated that all accounts will be closed, and users are urged to…

Florida Governor Ron DeSantis Joins US Presidential Race, Promises to Protect Bitcoin

[May 25, 2023 11:30 AM] During a virtual discussion with Twitter’s proprietor Elon Musk on Wednesday, governor Ron DeSantis of Florida declared that he is throwing his hat into the ring for the presidency of the United States in 2024. DeSantis will confront the…

Onixcoin Tokenomics Update

[May 25, 2023 9:34 AM] In an effort to keep moving forward, we reorganized our resources and tuned our tokenomics. Here's how they are now.

Norway Should Consider a National Strategy for Crypto Regulation: Norges Bank Report

[May 25, 2023 9:01 AM] The bank says lawmakers should take advantage of existing regulations that cater to systemic risk and enforcement action for example, as well as stresses the need for crypto specific ones.

Blend Seizes 82% of NFT Lending Market Share: DappRadar

[May 25, 2023 9:00 AM] Since NFT lending marketplace Blend launched May 1, it has amassed 169,900 ETH, or about $308 Million in volume.

Silver Set to Shine: Citigroup Analysts Forecast $30 Value in Next 6-12 Months

[May 25, 2023 8:30 AM] Citigroup analysts foresee a significant increase in silver’s value, potentially hitting $30 per unit within the next 6-12 months, according to the multinational bank’s latest silver assessment. The experts at Citi predict an ongoing…

French Lawmakers Strike Softer Deal on Crypto Influencer Law

[May 25, 2023 8:28 AM] A final compromise appears to allow registered crypto firms to advertise through social media influencers, potentially easing industry fears.

Ex-Sushi CTO Led NFT Lending Platform Astaria Rolls Out to Public

[May 25, 2023 8:00 AM] After months in a closed beta, the NFT lending platform has witnessed the highs and lows of its competitors in the space and aims to boost NFT market liquidity while protecting the interests of lenders and borrowers.

South Korea Lawmakers Pass Law Requiring Officials to Disclose Crypto Holdings: Report

[May 25, 2023 7:52 AM] Lawmakers recently called for the Bill to take effect within two months.

Binance Launching NFT Loan Feature

[May 25, 2023 7:34 AM] The tool, launching on Friday, will initially support Ethereum loans and NFTs from Bored Ape Yacht Club, Mutant Ape Yacht Club, Azuki and Doodles collections.

Hong Kong Asset Manager Metalpha Secures $5M from Bitmain for Grayscale-Based Fund

[May 25, 2023 7:15 AM] The firm has so far received $20 million out of its $100 million target for the fund.

Sam Altman’s Crypto Project Worldcoin Raises $115M, Led By Blockchain Capital

[May 25, 2023 7:00 AM] Other investors in the Series C round included Bain Capital Crypto and Distributed Global.

Bitcoin's Hot Ordinals Economy is Getting a Dollar-Backed Stablecoin

[May 25, 2023 7:00 AM] Stablecoin issuer Stably is launching a dollar-backed stablecoin for traders of Bitcoin NFTs and BRC-20 tokens.

IoT Devices Can Now Connect to Both Helium Network and Amazon Sidewalk

[May 25, 2023 7:00 AM] The partnership will enable IoT solution providers to benefit from Amazon Sidewalk’s network and Helium’s network.

First Mover Americas: Bitcoin Falls to $26K; Is $24K Next?

[May 25, 2023 6:19 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 25, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Options Market Signals Weakness over 6 Months Amid Debt Ceiling Drama

[May 25, 2023 5:42 AM] The renewed bias for bitcoin puts is consistent with the increased demand for downside protection seen in the options market tied to S&P 500.