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Coinbase Layer 2 Base Overtakes Optimism in Daily Active Users as Friend.Tech Hype Soars

[Aug 11, 2023 6:30 AM] A grayed-out "airdrop" icon at the top of the Friend.Tech app suggests the platform will release a token.

First Mover Americas: A 'Head-and-Shoulders' Case for Altcoins

[Aug 11, 2023 6:26 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

PayPal’s Stablecoin Not Likely to Be Used Widely Anytime Soon: Bank of America

[Aug 11, 2023 5:02 AM] Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, the report said.

'Altcoin Season' Is Coming, Technical Analysis Suggests

[Aug 11, 2023 4:27 AM] An inverse head-and-shoulders pattern, one of the most trusted indicators known to presage major price rallies, is building in the altcoin market.

Bank of Russia Reports 13 Banks Will Participate in Digital Ruble Pilot

[Aug 11, 2023 2:30 AM] The Bank of Russia has announced that all 13 banks intending to participate in the digital ruble pilot have already completed their preparations to join the upcoming test. Olga Skorobogatova, first deputy governor of the Bank of Russia, stated that…

Shiba Inu Bucks Bitcoin Snoozefest Ahead of Shibarium Deployment

[Aug 11, 2023 1:42 AM] The tokens were up as much as 5% in the past 24 hours, bucking a market-wide trend.

XRP's Market Cap Momentarily Zoomed to Trillions of Dollars on Gemini

[Aug 11, 2023 1:05 AM] Low liquidity after the token’s relisting likely caused a temporary pricing glitch on the exchange.

Matrixport's Bitcoin Greed & Fear Index Indicates Upswing Ahead

[Aug 11, 2023 12:14 AM] The index has a solid track record of shifts in the bitcoin market trend.

First Mover Asia: Bitcoin is CPI Resistant

[Aug 10, 2023 7:48 PM] Modest Consumer Price Index (CPI) numbers mean that the chance of another rate hike is dwindling.

Metaverse Platform Sandbox Transferred Out 60M SAND Ahead of Monday's $133M Token Unlock

[Aug 10, 2023 3:45 PM] As the price of SAND slid 4% in August, the Sandbox Genesis smart contract had already emitted 60 million SAND tokens prior to the upcoming token unlocked scheduled for Aug. 14.

Bittrex Reaches Settlement With SEC; Agrees to Pay $24M Fine

[Aug 10, 2023 2:53 PM] The bankrupt exchange faced charges of offering U.S. investors access to unregistered securities.

Worldcoin Regulatory Scrutiny Grows as Argentina Opens Investigation

[Aug 10, 2023 12:47 PM] The investigation began after numerous data collections in five major jurisdictions of the country, the Argentinian Agency for Access to Public Information said.

Coinbase Ventures' Strategic Investment Sends Rocket Pool Token Surging

[Aug 10, 2023 12:09 PM] The investment branch announced today the purchase of an undisclosed amount of Rocket Pool’s native token RPL, which has jumped more than 9% in the past 24 hours.

CEO of World's Largest Bitcoin ATM Operator Sees Industry Ripe for Consolidation

[Aug 10, 2023 11:37 AM] Brandon Mintz, CEO and founder of Bitcoin Depot, the world’s largest bitcoin ATM company, says his company, which currently has about 20% market share, is in a position to gobble up competitors.

Aave Token Holders Voting on 2 Proposals Following Averted Curve Liquidation Crisis

[Aug 10, 2023 11:22 AM] The proposals, which aim to disable CRV borrowing and decrease Aave’s exposure to Curve’s native token on its Ethereum V2 markets, are responses to the liquidation pressure faced by Curved founder Michael Egorov.

Bitcoin Rallies Keep Getting Quickly Sold — What's Up?

[Aug 10, 2023 11:17 AM] The world’s largest cryptocurrency is lacking sustained momentum, the price selling off shortly after each attempted leg higher.

Embattled Aragon Mulled Sale of Crypto Project, Leaked Screenshot Shows

[Aug 10, 2023 11:12 AM] One of the biggest crypto projects building tools to support decentralized governance is trying to get out of its own governance pickle.

VC Firm a16z Wades Into Crypto Tech Research with ZK Projects ‘Jolt’ and ‘Lasso’

[Aug 10, 2023 10:49 AM] A pair of open-source projects from venture giant Andreessen Horowitz, known as a16z, aim to improve the performance of systems that use zero-knowledge technology – a cryptographic method used to scale blockchains.

Digital Currency Group Files to Dismiss Crypto Exchange Gemini’s Fraud Claims

[Aug 10, 2023 10:04 AM] DCG called Gemini’s July complaint a continuation of a “public relations campaign” carried out by the exchange’s owners, Cameron and Tyler Winklevoss.

DeGods Sales Leap as Artwork Evolution Is Unveiled

[Aug 10, 2023 10:03 AM] Early Thursday morning, the popular NFT project shared its plans for “Season III,” sending DeGods’ sales soaring. In the past 24 hours, trading volume increased nearly 200% to 1,359 ETH, or about $2.5 million.

Curve Token Climbs After Binance Labs Commits to $5M Investment

[Aug 10, 2023 9:09 AM] The decentralized exchange, which suffered a $70 million hack last month, will also consider deploying to the BNB Chain.

Coinbase's Much-Hyped New Base Blockchain Draws Modest $10M of Inflows on Launch Day

[Aug 10, 2023 8:17 AM] However, nearly $166 million had already flowed to the blockchain ahead of the official launch.

Are Reports Linking the 11th Largest BTC Wallet to Tether a Myth? Cryptoquant Analysis Reveals Discrepancies

[Aug 10, 2023 8:00 AM] In the wake of recent claims that Tether, the company behind leading stablecoin USDT, holds the 11th largest bitcoin (BTC) wallet, Cryptoquant, a blockchain intelligence firm, has expressed skepticism. Citing inconsistencies in onchain data…

After Co-Founding Salesforce’s Web3 Studio, Mathew Sweezey Is Bullish on Smart Tokens

[Aug 10, 2023 7:15 AM] The former Salesforce executive who entered Web3 during the NFT boom of 2021 sees smart tokens, aka the ERC-5169 token standard, as a gateway for companies to create new digital ownership opportunities.

Bitcoin Wallet Xverse Secures $5 Million Seed Funding Led by Jump Crypto

[Aug 10, 2023 7:00 AM] Today, Hong Kong-based start up Bitcoin wallet Xverse announced they have successfully closed a $5 million seed funding round, according to a press release sent to Bitcoin Magazine. The round was spearheaded by Jump…

ChatGPT-Based Search Function Goes Live on Blockchain Encyclopedia IQ.wiki

[Aug 10, 2023 7:00 AM] IQ GPT will help fight misinformation in the crypto space and onboard new users.

SEC Likely to Approve Several Spot ETFs, Sparking Next Bitcoin Rally: Matrixport

[Aug 10, 2023 6:40 AM] If the SEC needs more time to assess the practicality of the surveillance-sharing agreements, then the bitcoin price may correct initially in mid-September, and would be the “dip to buy,” the report said.

U.S. July CPI Matches Estimates With 0.2% Monthly Growth

[Aug 10, 2023 6:40 AM] This morning's inflation numbers are among the key pieces of data the Fed will be looking at next month as it determines the course of monetary policy.

UK Crypto Incentives Ban Could Drive Firms Out of Country, Lobbyists Say

[Aug 10, 2023 6:27 AM] Lobby group CryptoUK called for more clarity on the FCA’s guidance on its upcoming rules for crypto ads.

First Mover Americas: Coinbase Seeks New Revenue Stream From Layer 2 Network

[Aug 10, 2023 6:18 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.