[Apr 10, 2024 4:38 AM] One analyst said profit taking by long-term holders spiked meaningfully into the $73,000 level and has cooled down in recent weeks, supporting a bullish bias in the future.
[Apr 10, 2024 4:16 AM] Sonnenshein said that some of the selling connected to settlements of bankrupt crypto companies like FTX are "largely behind us."
[Apr 10, 2024 4:14 AM] Hong Kong regulators are likely to approve the first set of applications for spot bitcoin exchange-traded funds next week, making it possible that the products could be ready for an April launch, Reuters reported on Wednesday, citing two people…
[Apr 10, 2024 3:56 AM] While 40% of respondents to the German bank’s survey said bitcoin will thrive in the coming years, 38% said they expect the cryptocurrency to disappear.
[Apr 10, 2024 3:00 AM] Indices provider GMCI’s MEME index includes top meme coins like SHIB, PEPE and DOGE, while the L2 index monitors leading blockchain scaling tokens like MATIC, IMX and OP.
[Apr 10, 2024 2:27 AM] The social application was one of the biggest blockchain-based platforms by revenue for a short period last year before usage dropped off. A new version is bringing the hype back.
[Apr 10, 2024 1:00 AM] FDUSD has quickly become the fourth-largest stablecoin since its launch in July under Hong Kong's digital asset regulations, benefitting from crypto exchange giant Binance's trading promotion.
[Apr 9, 2024 4:00 PM] Venture Capital (VC) firm Paradigm is leading a substantial $225 million funding round for a new Layer 1 (L1) network, that aims to compete with the Ethereum (ETH) blockchain. Other notable participants include VC firms Electric Capital and…
[Apr 9, 2024 3:52 PM] Jan Van Eck told CoinDesk TV's Jen Sanasie that not hearing back from the SEC is a sign that ETH exchange-traded funds likely wont make the May deadline.
[Apr 9, 2024 11:24 AM] Recent market data highlights that spot bitcoin exchange-traded funds (ETFs) in the United States experienced a net outflow of $223.8 million on April 8, while Grayscale’s Bitcoin Trust (GBTC) saw a substantial outflow of $303 million. GBTC…
[Apr 9, 2024 11:07 AM] Lawmakers on both sides of the aisle urged the need for new crypto laws on Tuesday, as Deputy Treasury Secretary Wally Adeyemo asked for “additional tools” to effectively crack down on illicit crypto financing.
[Apr 9, 2024 10:33 AM] U.S. Senator Cynthia Lummis (R-Wyo.) said that the high-stakes Ohio election that could decide both the Senate majority and the leadership of the Senate Banking Committee is likely to dig into cryptocurrency issues, and she encouraged industry…
[Apr 9, 2024 9:57 AM] Bitcoin is showing resilience despite the slip, but the corrective period might continue for a while before a return to growth, one observer noted.
[Apr 9, 2024 9:27 AM] At the Bitcoin Policy Summit in Washington DC today, U.S. Congressman Patrick McHenry (R-NC) emphasized the importance of the United States taking a leadership role in Bitcoin and not lagging behind in during a fireside chat with Club for…
[Apr 9, 2024 9:16 AM] According to the latest figures, Metaplanet, a company listed on the Japanese stock exchange, witnessed its share price soar by nearly 90% in just one day. This significant jump came on the heels of the company’s announcement regarding its…
[Apr 9, 2024 9:00 AM] The launch of governance token is part of a broader strategy that involves plans to release Solana's first layer 2 scaling solution, Zeta Markets said in the press release.
[Apr 9, 2024 8:32 AM] The window is narrowing for legislation to set up rules for stablecoin issuers in 2024, but the retiring chairman of the House Financial Services Committee says it can be done.
[Apr 9, 2024 6:48 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Apr 9, 2024 6:46 AM] According to onchain metrics, Ark Invest’s holdings in its spot bitcoin exchange-traded fund (ETF) include several inscriptions, among them an Ordinal inscription from the “Bitcoin Puppet” digital collectible series, valued at…
[Apr 9, 2024 6:00 AM] Countries have varying definitions and categorizations for stablecoins that may pose a risk to financial stability, the report by the Financial Stability Institute said.
[Apr 9, 2024 5:47 AM] Mezo is a permissionless Bitcoin economic layer that uses a neutral smart contract infrastructure to offer a wide range of applications.
[Apr 9, 2024 5:33 AM] Singapore-based crypto platform Crypto.com has received full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA) for its local entity, CRO DAX Middle East FZE.
[Apr 9, 2024 4:36 AM] The decline likely represents profit-taking by investors who held coins for one year and over and marks a shift from the holding strategy seen through 2023.
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