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Tether Trading Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable:’ Kaiko
22.5.2023
Trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion
Crypto Exchange Listing and Delisting Announcements: May 22, 2023 - $RFD, $GEN, $BOB
22.5.2023
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Gold Prices Poised to Skyrocket as Expert Predicts Fourfold Increase in Demand
22.5.2023
Although gold has been trading below the $2K range since May 16, 2023, Rick Rule, the founder of Rule Investment Media, is confident that the struggling U.S. economy will cause demand for precious metals like gold to skyrocket. In an interview published on May 18, Rule emphasized that...
Crypto Exchanges Experience $1.77B Bitcoin and Ethereum Outflow in 30 Days
22.5.2023
Throughout May, the crypto market has remained steady, with a valuation just above the $1 trillion mark. Over the past 30 days, both bitcoin and ethereum prices have remained relatively stable. However, recent data reveals a significant amount of bitcoin has been withdrawn from exchanges, with...
Crypto Trading Platform Hotbit Terminates CEX Operations
22.5.2023
Hotbit users have until 04:00 UTC on June 21 to withdraw their assets from the platform
Bitcoin's Trading Range Narrows to Tightest in Months
22.5.2023
Tighter price ranges result from markets running into competing influences. Eventually, some narratives take the back seat, paving the way for a volatility explosion
UK Lawmakers Call for Crypto Trading to Be Regulated as Gambling
21.5.2023
A committee of British lawmakers has recommended regulating crypto trading as gambling. Viewing retail trading of cryptocurrencies as more akin to gambling rather than a financial service, the U.K. Treasury Committee stated that “Cryptocurrencies such as bitcoin have no intrinsic value and serve...
Bitcoin Hovers Below $27K as Fed Chair Powell Makes Modestly Dovish Comments
19.5.2023
“The financial stability tools helped to calm conditions in the banking sector. Developments there, on the other hand, are contributing to tighter credit conditions,” says U.S. central bank chair Jerome Powell in a Friday panel
Twitter partnership created a ‘symbiosis,’ says eToro CEO | Bitcoin Miami 2023
19.5.2023
Lule Demmissie, CEO of eToro, says that the new partnership with Twitter creates a symbiosis between social networks and social trading
Bankrupt FTX Sues to Retrieve Over $240 Million from Trading Platform Embed
19.5.2023
The bankrupt crypto exchange FTX is taking legal action in an attempt to retrieve more than $240 million it paid for the stock trading platform Embed.
Embed was acquired by FTX’s American branch FTX.US in mid-2022, but representatives for FTX’s bankruptcy estate now say former company executives...
First Mover Americas: Litecoin Might Be Trading at a Discount
19.5.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for May 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Ethereum Price Prediction as $6 Billion Trading Volume Rushes In – Are Whales Buying?
19.5.2023
The price of Ethereum (ETH) has dropped by 1% in the past 24 hours, slipping to $1,805 as the cryptocurrency market suffers a similar 1% dip.
ETH has risen by 2.5% in the past week but is down by 9% in the last 30 days, although the second-biggest cryptocurrency has also gained by 50% since...
XRP Bucks Bitcoin-Led Slide in Majors as SEC Case Tilts in Ripple’s Favor
19.5.2023
Ripple has historically maintained a distance from XRP, the token that powers some of its products and the XRP Ledger network
Litecoin Is Undervalued, Onchain Indicator Suggests
19.5.2023
Litecoin has rallied nearly 31% so far this year, but is still trading at discounted prices, according to an onchain metric called the MVRV Z-score
NFT Marketplace DIBA Goes Live on ‘Really Good for Bitcoin’ Smart Contracts
19.5.2023
DIBA also released a Bitcoin-only wallet in partnership with mining company Hut 8 Mining
Bitcoin Drops Below $27K as Investors Continue to Weigh Debt Ceiling Talks, Regulatory Actions
18.5.2023
BTC reversed its morning gains, declining below $26,500 before recently rebounding
Coinbase launches zero trading fee subscription service
18.5.2023
Coinbase’s new subscription service, “Coinbase One," is expected to roll out across 35 countries in the near future
Litecoin Price Prediction as $1 Billion Trading Volume Comes In – Are Whales Buying Before the Halving?
18.5.2023
Litecoin (LTC) is on course for its first red day in five as the broader cryptocurrency market experiences a dip as US yields and the US dollar gain in wake of strong US data releases that push back against US recession bets, and after commentary from Fed speakers puts in doubt the idea that...
Galaxy Executed its First OTC Options Trade as Demand for On-Chain Options Ramps Up
18.5.2023
In 2022, “DeFi performed exceedingly well while CeFi and some traditional methodologies for transacting had some challenges,” Jason Urban, Galaxy’s global head of trading, told CoinDesk TV
NFT Trading Volume on Track to Drop Below $1B, But Does That Metric Matter?
18.5.2023
When looking at the health of the NFT market, it's important to consider multiple metrics that provide insight into trader behavior shifts