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Nifty News: Trader nabs 800 ETH by baiting a bot, NFT thefts slow and more
7.8.2023
A trader walked off nearly $1.5 million richer after tricking a bot copying his trades to buy a slew of NFTs at a markup
First Mover Asia: Bitcoin Teases $30K While the Long Wait for an ETF Continues
7.8.2023
Trading volume is down, but all signs point to a break-out around the corner
Bitcoin Price Prediction as Daily Trading Volume Drops to $4.5 Billion – What's Going On?
6.8.2023
In the ever-fluctuating world of cryptocurrency, the Bitcoin price currently stands at $29,034, experiencing a minor uptick of less than 0.10% over the last 24 hours.
However, this movement comes amid a noticeable decrease in the daily trading volume, which has dipped to $4.5 billion.
So what's...
Coinbase Reports Significant Drop in Consumer Trading Volume Raising Concerns for Crypto Industry
6.8.2023
Coinbase has reported a significant drop in consumer trading volume, which has raised concerns for the crypto industry.
On Thursday, the largest US-based cryptocurrency exchange released its second quarter earnings report, revealing that transaction volume for consumers and institutions...
DeFi faces stress test, DoJ fears run on Binance, Hong Kong’s crypto trading: Hodler’s Digest, July 30 – Aug. 5
5.8.2023
Curve Finance’s dramatic exploit exposes DeFi, DoJ concerns of a run on Binance, and Hong Kong debuts retail crypto trading
NFT Trading Is Ice Cold But Developers Are Still Hot for Web3
5.8.2023
This week, new reports were released that point to a major slowdown in NFT trading. Plus, Etihad Airways will soon let its community of frequent fliers stake NFTs for miles
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Declines on Saturday, as Markets React to Latest NFP Report
5.8.2023
Bitcoin started the weekend trading below the $29,000 level, as markets continued to react to the latest U.S. nonfarm payrolls (NFP) report. 187,000 jobs were added to the economy in July, less than the 200,000 markets had expected. Ethereum neared a multi-week low. Bitcoin Bitcoin (BTC) dropped...
XRP Price Prediction as $1 Billion Trading Volume Sends XRP Down 10% – Are Whales Selling?
5.8.2023
XRP's price has declined by nearly 5% in the last 24 hours, reaching $0.62380. This downturn continues a four-day bearish streak, and the cryptocurrency has reached its lowest point since July 13.
That date also marks the same day Ripple achieved a partial victory against the SEC lawsuit.
This...
Binance Users Reach 150 Million, CZ Reveals
5.8.2023
Registered users of Binance have hit 150 million, the crypto exchange’s founder and CEO, Changpeng Zhao (CZ), announced on social media. The milestone has been reached despite increased regulatory pressure on the world’s largest trading platform for digital assets in the past few months. Crypto...
Litecoin’s daily trading volume rise 28% past halving; DigiToads sees a rising social buzz
4.8.2023
Litecoin’s daily trading volume has plunged 28% in the past week as investors brace for the upcoming halving event. The halving is a scheduled event that will reduce the block reward for mining Litecoin by half. However, the recent sell-off in the crypto market has weighed on Litecoin,...
Coinbase Urges Court to Dismiss SEC Case, Claiming Regulator ‘Overstepped’ Its Statutory Authority
4.8.2023
In a motion for judgment filed on August 4, Coinbase hit back against the SEC’s lawsuit alleging it facilitated unregistered trading of securities, arguing the agency lacks authority to regulate digital assets in this way. Coinbase Fights Back Against SEC’s Crypto Exchange Lawsuit In...
Robinhood's Q2 Earnings Show 18% Decline in Crypto Trading Revenue
4.8.2023
In its Q2 2023 earnings report, Robinhood (HOOD), the online trading platform known for its crypto-friendly approach, revealed crypto trading revenue of $31 million, representing an 18% decrease from the previous quarter's $38 million.
Despite this decline, Robinhood achieved profitability...
Unlock the Power of AI and Trading Edge with Launchpad XYZ – The Gateway to Successful Web3 Trading
4.8.2023
Trading in the crypto space is challenging, especially for novices. It's not just about understanding market trends and knowing when to make a trade, but also about managing one's emotions. An emotionally charged decision can lead to massive losses or missed opportunities. ...
Read More: Unlock...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Around $29,000 Ahead of Nonfarm Payrolls
4.8.2023
Bitcoin is trading near a support point of $29,000, ahead of today’s U.S. nonfarm payrolls (NFP) report. It is expected that 200,000 jobs were added to the economy last month, down from 209,000 in June. Ethereum was marginally lower on Friday. Bitcoin Bitcoin (BTC) consolidated around...
First Mover Americas: Upbit Moves Up to No. 2 in Spot Trading Volume
4.8.2023
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
Arbitrum's Most Popular DEX Goes Live With New Version Offering DOGE Pools at 40%
4.8.2023
Version 2 of GMX allows trading of riskier assets at lower fees, with some pools yielding as much as an annualized 47%
Revolut to suspend cryptocurrency services in US
4.8.2023
Revolut’s suspension of cryptocurrency services in the United States will affect 1% of their total global user base, the firm said
Dogecoin Price Prediction as Rumors Emerge of Elon's X Platform Adding Trading Features – Will DOGE Be Included?
4.8.2023
The Dogecoin price has risen by 1% in the past 24 hours, rising to $0.074070 amid reports that Twitter (now 'X') is working on the addition of trading features to its platform.
As bullish as this news may have been for DOGE's price, Elon Musk himself has quickly moved to deny such reporting, with...
Crypto Options Volume on CME Rose to Nearly $1B in July: CCData
4.8.2023
The increase in BTC options volume on the CME suggests that institutions might be hedging their positions
Nearly half of crypto copy traders are Gen Z, says Bitget report
4.8.2023
Younger investors are more likely to take part in copy trading or social trading and take advice from social media influencers, according to the crypto exchange