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Report: Cryptopunks and Blue Chips Power Top NFT Traders to Over $300 Million in Profits
8.8.2023
The top 15 traders in the Ethereum non-fungible token (NFT) market have amassed up to $101.6 million in profits, as revealed in Coingecko’s latest NFT report. These traders lucratively capitalized on early investments in esteemed blue-chip NFT collections such as Cryptopunks, Bored Ape Yacht...
Biggest Movers: LINK, SOL Extend Gains, as Crypto Momentum Begins to Shift
8.8.2023
Chainlink surged by nearly 4% during Tuesday’s session, as the token moved towards a one-week high. The move came as cryptocurrencies rebounded, following a slow start to the week. Solana was another big mover, as it headed towards the $24.00 level. Chainlink (LINK) Chainlink (LINK) was one...
Should you just wait for October to trade Bitcoin?
8.8.2023
The months of August and September haven't been the best for Bitcoin price historically, and with volatility at historic lows, traders may want to wait it out
Crypto Exchange Mango Dealing with Surging Legal Costs, a Year After $100 Million Market Manipulation Exploit
8.8.2023
A year after the alleged $100 million crypto market exploit by Avi Eisenberg, Mango Markets, a blockchain-based trading protocol, finds itself grappling with mounting legal expenses, prompting internal conflicts among its stakeholders.
The platform's financial strain has intensified as Mango...
Bitcoin, Ethereum Technical Analysis: BTC Nears 1-Week High, as Paypal Launches USD Stablecoin
8.8.2023
Bitcoin rebounded on Tuesday, following the news that Paypal was launching a USD stablecoin on the ethereum blockchain. The company hopes the move will bridge the gap between fiat and cryptocurrencies for all of its stakeholders. Ethereum was marginally higher today. Bitcoin Bitcoin (BTC) was back...
First Mover Americas: Market Doesn't React Much to PayPal Stablecoin
8.8.2023
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
Cronos Labs enters the Korean market
8.8.2023
Cronos Labs, known for its blockchain network, has announced that it is now targeting the market of Korea for its global expansion. The move became more evident when Cronos Labs marked its presence at the Seoul Web3 Festival to judge some of the upcoming dApps, short for decentralized applications....
AI Will Be One of the Most Important Investment Themes Over the Next Decade: Morgan Stanley
8.8.2023
The generative-AI market rally is assumed to have started with the launch of ChatGPT late last year, the report said
Bitcoin, Ether Flat as PayPal USD Report Fails to Ignite Market; SHIB Finds Support
8.8.2023
Ether (ETH), bnb (BNB) and cardano (ADA) were similarly little changed. Dogecoin (DOGE) and Avalanche blockchain’s avax (AVAX) fell 1.5% to lead losses among major tokens
Federal Reserve Governor Hints at More Interest Rate Hikes
8.8.2023
Federal Reserve Governor Michelle Bowman says additional interest rate increases will likely be needed to get inflation on a path down to the Fed’s target. “I will also be watching for signs of slowing in consumer spending and signs that labor market conditions are loosening,” the...
XRP becomes the market’s best performer, but whales prefer buying DigiToads. Here’s why
7.8.2023
XRP may be dominating the market as the best performer, but an intriguing phenomenon has caught the attention of influential players: the rise of DigiToads (TOADS). Despite XRP’s impressive gains, crypto whales are turning their focus towards this unique project that promises a positive...
Bitcoin Faces Increased Risk Relative to Stocks: Commodity Strategist Mike McGlone Warns of Challenges
7.8.2023
Seasoned commodity strategist Mike McGlone says bitcoin is now riskier relative to stocks, while he further warned that economic downturn pressures may hold silver prices at bay. Bitcoin Volatility Low, Silver Faces Challenges: McGlone In a client communication dated August 2, 2023, the prominent...
Telegram crypto bots gain momentum in the market: Binance Research
7.8.2023
Daily volumes of crypto trades on Telegram bots hit a record high of $10 million in July, according to a new report by Binance Research
Biggest Movers: BCH 5% Higher on Monday, XLM Avoids Drop Below Support
7.8.2023
Bitcoin Cash was one of Monday’s biggest movers, rising by as much as 5%, despite markets mostly consolidating to start the week. The global crypto market cap has been largely unchanged, with volatility mostly muted. Stellar also rose higher, avoiding a drop below a key support point....
Stablecoin Turmoil: $1.53 Billion Redeemed in a Month Amid Declining Trade Volume
7.8.2023
In the brief span from July 12, 2023 to August 6, 2023, the stablecoin economy witnessed a staggering loss exceeding $1.53 billion in value. Among the premier ten stablecoins, Pax’s pax dollar (USDP) experienced a redemption of 39% of its supply over the preceding 30 days. Unstable Times...
Bitcoin, Ethereum Technical Analysis: BTC Flatlines on Monday, as Market Volatility Continues to Fade
7.8.2023
Bitcoin started the week mostly flat, as market volatility remained near recent lows during today’s session. Traders appear to be on the sidelines ahead of Wednesday’s key inflation report from the United States. Ethereum mostly consolidated on Monday. Bitcoin Bitcoin (BTC) continued...
Jiří Nováček (GasNet): IT má teď v energetice obrovský potenciál
7.8.2023
[MarketVoice] Potenciál IT v energetice je nyní větší než v bankovnictví nebo telekomunikacích. Je to dáno
transformací energetiky, přičemž plynárenství není výjimkou, říká šéf IT oddělení GasNetu, největšího
tuzemského distributora plynu
Crypto Options Traders Are Still Shorting Bitcoin Volatility
7.8.2023
"Given the absence of big news in August, selling volatility and taking a vacation for solid theta gains is the only thing I can do right now," one trader said. Crypto traders typically short volatility by selling or writing call/put options
Bitcoin Price Prediction: Adam Back's Bet on 2024 Halving & Whales' Confidence Boost Amid Market Turbulence
7.8.2023
Bitcoin, the renowned cryptocurrency, has been facing resistance around the $29,000 mark, but it has recently managed to break above this level.
As the renowned cryptocurrency continues to navigate its way through market turbulence, two significant factors have emerged as potential catalysts...
Report: US ETFs Signal Renewed Bitcoin Interest; BTC’s Limited ‘Hot Supply’ Eyes Bull Market
6.8.2023
As interest in bitcoin exchange-traded funds (ETFs) heats up, a new report from blockchain analytics firm Glassnode examines how much bitcoin is actually available for purchase. The report, titled “How Many Bitcoin Are For Sale?” published on June 26, 2023, looks at exchange flows...