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First Mover Americas: Is Bitcoin Close to Breaking Out of Its Current Range?
29.8.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for August 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
DeOrderBook Set to Launch on Ethereum Mainnet, Pioneering Truly Trustless DeFi Optionality
29.8.2023
PRESS RELEASE. DeOrderBook, a groundbreaking decentralized finance (DeFi) optionality protocol, is gearing up for its Ethereum mainnet launch, ushering in a new era for DeFi users who seek unprecedented capital flexibility, advanced hedging mechanisms, and sustainable real yield. At launch,...
Is Bitcoin Cash is Going to Zero? BCH Price Drops 5% and Sonik Coin Approaches $700,000
29.8.2023
Leading hard-fork Bitcoin Cash (BCH) has fallen -5%, as price action continues to tumble amid tumultuous resistance from the 20DMA - is Bitcoin Cash going to zero?
After more than 60 days of downside price action, BCH bag-holders are in a state of fear as market and media interest fleets from...
Bitcoin's Most Loyal Holders Continue Accumulation Despite Price Lull
29.8.2023
Long-term holders continue to accumulate bitcoin, with 40% unmoved in more than three years, or an all-time high for that metric
Governments See CBDCs Making Their Countries ‘More Economically and Financially Efficient’ — Venom Foundation CEO
29.8.2023
According to Louis Tsu, the CEO of Venom Foundation, governments that are seeking to introduce central bank digital currencies (CBDCs) are not being driven by the fear that privately issued digital currencies may soon become the preferred method for cross-border and micropayments. Instead, some...
Cardano’s path to dominance: Will ADA surpass Bitcoin and Ethereum?
29.8.2023
In the ever-evolving landscape of cryptocurrencies, Charles Hoskinson, the CEO of Input Output (IOHK), has sparked a strong belief that Cardano (ADA) will not only emerge as a dominant player but also surpass the likes of Bitcoin and Ethereum. At the recent Rare Evo 2023 event in Denver, Hoskinson...
Jacobi spot Bitcoin ETF classed as 'environmental investing' by issuer
29.8.2023
Jacobi FT Wilshire Bitcoin ETF has been defined as an Article 8 fund by its issuer firm
Is Bitcoin’s future secure amidst a prolonged bear phase?
29.8.2023
Bitcoin, the pioneer of cryptocurrencies, has been too volatile. If you started investing in Bitcoin in 2020, you might find the current market condition ‘bearish.’ It is called time capitulation. You can also consider it as the extended bear market that Bitcoin is currently experiencing. In this...
Matrixport Turns Bullish on Bitcoin, With Tight Stop Loss in Place
29.8.2023
Traders should monitor for a potential drop below $25,800, Matrixport's Markus Thielen said while discussing the stop loss
Vietnam, the Philippines, and Brunei to Join ASEAN QR Payment System to Reduce Dependence on US Dollar
29.8.2023
Vietnam, the Philippines, and Brunei will join a QR payment system to settle cross-border payments using local currencies within the Association of Southeast Asian Nations (ASEAN) bloc. The network, already being used between Indonesia and Malaysia, aims to interconnect all ASEAN nations to reduce...
Bitcoin Price Prediction Amid Mining Challenges, Trading Lulls, and Upcoming Economic Data
29.8.2023
Bitcoin, the pioneering cryptocurrency, currently trades at $26,111, marking a modest increase of nearly 0.25% as of Tuesday.
This price movement unfolds against a backdrop of mounting challenges in the Bitcoin mining sector, where miners grapple with soaring difficulty levels and hash rates that...
Forget Bitcoin! Why Hedera crypto could make you rich!
29.8.2023
HBAR, Hedera Hashgraph’s native cryptocurrency, is a major participant in the blockchain industry. As the digital currency of the Hedera network, HBAR functions as a utility token by facilitating transactions and supplying power to decentralized applications. HBAR is appealing to investors...
High Proliferation of Crypto Scams in Africa Linked to Limited Educational Efforts — Mitroplus Labs Founder
29.8.2023
According to Ivaibi Festo, the founder of Mitroplus Labs, a crypto and blockchain education organization, cybercriminals continue to find success in Africa because not enough is being done to educate residents on the basics of digital assets or the technology that underpins such assets. To make...
Lawmakers Object to Federal Reserve’s Stablecoin Guidelines — Say They Undermine Legislative Progress
29.8.2023
Several U.S. lawmakers have objected to the Federal Reserve’s stablecoin regulatory guidelines, which they believe “will undoubtedly deter financial institutions from participating in the digital asset ecosystem.” According to the lawmakers, “The Fed has chosen to effectively...
Bitcoin Shows Resilience Despite Rate Hike Concerns
29.8.2023
Despite recent concerns about further potential interest rate hikes by the Federal Reserve, Bitcoin has shown notable resilience according to analysts. This comes after Fed Chair Jerome Powell's speech at the annual Jackson Hole symposium last week, where he indicated that more rate hikes may be...
Bankman-Fried Lawyers Seek Client’s Temporary Release for Trial Prep
29.8.2023
Sam Bankman-Fried’s high-powered legal team is pushing for the FTX founder’s temporary release from jail ahead of his October trial on fraud charges. In a motion filed Thursday, lawyers Mark Cohen and Christian Everdell claim Bankman-Fried’s Sixth Amendment rights are being...
Crypto bull run: Traders share their plans for the ‘tornado’ to come
29.8.2023
Millions of new crypto investors could be experiencing their very first bull run soon, and those who’ve been through it have shared how they plan to tackle it
Best Crypto to Buy Now August 28 – THORChain, dYdX, Bitcoin SV
29.8.2023
Since reaching a high of nearly $69,000 in November 2021, Bitcoin has experienced a massive pricess drop, marking the cryptocurrency's most prolonged bear market so far.
The world's largest cryptocurrency by market cap has remained in a bearish state for almost 490 days, a fact emphasized...
Unveiling the Mystery: Recognizing the Profound Significance of Satoshi’s Anonymity
28.8.2023
From the genesis of Bitcoin’s inception to the contemporary landscape, the mystery surrounding the true identity of its architect, Satoshi Nakamoto, persists as an unrivaled enigma within the cryptocurrency realm. Despite the global reverberations stemming from bitcoin (BTC) and...
Bitcoin may hit $100K by capturing ‘even 2%–5% of gold’s market cap’ — Hut8 VP Sue Ennis
28.8.2023
New developments in the Bitcoin mining space have Hut8 vice president Sue Ennis convinced that well positioned miners will thrive after the next BTC halving