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Cryptocurrency markets’ low volatility: A curse or an opportunity?
4.6.2023
The cryptocurrency market has been experiencing low volatility for the past two months, but does that mean investors should just sit and wait?
CZ Binance on Buying Banks to Fight Crypto Regulation Woes, Russian Banker Says CNY Likely to Dethrone USD, and More — Week in Review
4.6.2023
Changpeng Zhao, the CEO of Binance, doesn’t think buying a bank would solve the crypto industry’s troubles with traditional financial institutions, amid issues his own exchange currently faces in regions like Australia and Europe. In other news, the chairman of Russia’s...
Renowned Investor Jim Rogers Expects Worst Bear Market in His Lifetime — Says ‘You Should Be Extremely Worried’
4.6.2023
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, says he expects the next bear market to be the worst in his lifetime. “You should be extremely worried. If you’re not, you don’t know what’s going on,” he stressed, adding that...
While Markets Consolidate, Value of Bitcoin’s BRC20 Token Economy Has Risen Over 1,500% in 39 Days
3.6.2023
During the past week, while bitcoin has been less volatile, the BRC20 token economy has been coasting along just below the $500 million range, and today it stands at $475.05 million. Statistics show that BRC20s have increased in value significantly over the past 39 days, rising 1,511% from a total...
NFT Sales Climb 39% in One Week, While Bitcoin NFT Sales Maintain Rapid Momentum
3.6.2023
While non-fungible token (NFT) sales witnessed a substantial increase in May, demonstrating significant progress, recent data indicates that NFT sales have soared by 39.35% within just the last week alone. Furthermore, sales figures for the trailing week demonstrate that the Bitcoin blockchain...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates on Saturday, Despite Recent Bullish Signals
3.6.2023
Bitcoin started the weekend in the red, as markets continued to digest the latest nonfarm payrolls in the United States. Despite payrolls coming in better than expected, the unemployment rate also rose, hitting 3.7%, which is its highest point since last October. Bitcoin Bitcoin (BTC) was mostly...
Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days
3.6.2023
The embattled crypto lender’s ETH staking maneuver could potentially lengthen the waiting time to activate new validators in the Ethereum network to 44 days, one observer noted
Why Did Bitcoin’s Price Rise? BTC Hovers Over $27K as Investors Shrug Off Hot Jobs Data
2.6.2023
Ether and other major cryptos spent much of the day in positive territory
Price analysis 6/2: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
2.6.2023
Bitcoin and most major altcoins are witnessing subdued price action, indicating a lack of buying interest from the larger players
Binance Market Share Drops to Lowest Level Since October
2.6.2023
The exchange remains the largest cryptocurrency exchange by trading volume
Biggest Movers: ADA Snaps Losing Streak as Nonfarm Payrolls Beat Expectations
2.6.2023
Cardano ended a four-day losing streak on Friday, as markets responded to the latest U.S. nonfarm payrolls (NFP) report. Payrolls in May rose to 339,000, which was significantly higher than the expected sum of 190,000. Solana collided with a key resistance level in today’s session. Cardano...
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,900, BTC Climbs Above $27,000 Following US Debt Ceiling Announcement
2.6.2023
On Friday, bullish sentiment returned to cryptocurrency markets, as the U.S. Senate approved the bill to increase the debt ceiling. Bitcoin rose back above $27,000 on the news, snapping a four-day losing streak. Ethereum neared the $1,900 level. Bitcoin Bitcoin (BTC) snapped a four-day losing...
First Mover Americas: Bitcoin Bounces Back to $27K Ahead of Jobs Report
2.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Miners Are Probably Selling Their Output at the $28K Level: Matrixport
2.6.2023
Miners are being forced to liquidate any new bitcoin mined as margins have narrowed in recent weeks, the report said
Coinbase Derivatives Exchange to Offer Institutional Bitcoin and Ether Futures
2.6.2023
These products come on the back of the nano futures that were launched last year
Crypto markets ‘lackadaisical’ as institutional buying slows — Novogratz
2.6.2023
The Galaxy Digital CEO said there has been a recent lack of institutional interest in cryptocurrency buying, which has led to deflated enthusiasm in the markets
First Mover Asia: Bitcoin Has Reached 'a General Accumulation Phase': Analyst
2.6.2023
ALSO: BTC-20 tokens are pushing toward a $500 million market cap, and data from Glassnode shows that they have been a boon for miners
Tether Market Cap Climbs to All-Time High of $83.2B, Even as Stablecoin Market Sinks
2.6.2023
USDT has reached a $83.2 billion market capitalization, recovering all its losses since the implosion of blockchain project Terra more than a year ago
Bitcoin Lingers Under $27K to Continue Its May Sluggishness Amid Inflation Concerns
1.6.2023
BTC and ether both lost ground in May, the first monthly decline of 2023. LTC and RNDR were among the month’s big gainers
Litecoin Starts June Strong as Investors Eye August Halving, Uptick in Activity
1.6.2023
LTC has outperformed both bitcoin and ether over the last 30 days