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First Mover Americas: Bitcoin Slumps Back to $27K on Fed Worry
31.5.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for May 31, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Crypto Exchange Bybit Granted In-principle Approval to Operate in Kazakhstan
31.5.2023
Cryptocurrency exchange Bybit has received an in-principle approval to work in Kazakhstan, a jurisdiction increasingly seen by crypto companies as a gateway to the former-Soviet space. The trading platform wants to expand its presence in the region and other emerging markets. Bybit on Route...
Bitcoin Recedes to $27K as Fed's Mester Favors Unabated Tightening
31.5.2023
"I don't really see a compelling reason to pause rate hikes," Fed's Master said, validating the recent hawkish repricing of interest rate expectations in the U.S
Report: Global Blockchain Gaming Market to Reach $300 Billion by 2030
31.5.2023
The global blockchain gaming market will grow significantly during the next seven years and is expected to reach a market cap of $301.53 billion by 2030, according to a report issued by markets and intelligence firm Grand View Research. The “Blockchain In Gaming Market Size” report...
First Mover Asia: Nearly $275 Million in Ether Burnt This Month as It Continues Deflationary Trend
31.5.2023
Also: Bitcoin and volatility have a tricky relationship. BTC steadies below $28K after dip
Bitcoin Edges Below $28K as Investors Eye US Debt Ceiling Progress
31.5.2023
Investors awaited a House vote on the debt ceiling deal, scheduled for Wednesday
ProShares’ Bitcoin Futures ETF Increasingly Underperforms BTC This Year: K33 Research
30.5.2023
The underperformance stems from hidden costs of rolling futures contracts every month as they expire called the “contango bleed,” exacerbated by this year’s rebound in BTC price
Bitcoin on-chain and options data hint at a decisive move in BTC price
30.5.2023
BTC’s historically low volatility could abruptly change in June, with long-term holders making moves and options traders showing an uptick in bearish positions
Bitcoin Trades at a 20% Discount on Binance Australia Following Banking Issues in the Country
30.5.2023
The exchange halted Australian dollar bank transfers early May
Bitcoin's next rally may be imminent, on-chain analyst points out
30.5.2023
On-chain data shows that an imminent Bitcoin rally could drive its price up to $32,000, says Glassnode lead-analyst James Check
First Mover Americas: Bitcoin on Track for First Monthly Loss of the Year
30.5.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for May 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Blockchain-Based Render Network's Token Tracks Tech Stocks as Broader Crypto Market Decouples
30.5.2023
RNDR has been a good high beta Nasdaq play in recent weeks, one portfolio manager noted
Binance Crypto Exchange Appoints Richard Teng to Lead All Regional Markets Outside US
30.5.2023
The world’s largest crypto exchange, Binance, has appointed Richard Teng, a traditional finance (TradFi) veteran with strong regulatory experience, as its head of all regional markets outside of the US.
The appointment marks a quick ascension for Teng at Binance and comes after less than two years...
Bitcoin Headed for First Monthly Loss in 6 Months
30.5.2023
The liquidate wave from the narrative of lower inflation has now run its course and the market needs a new driver and theme to lift prices higher, one observer said
Russia to Enact Laws to Regulate Crypto Exchange Action; Profiles Use of Cryptocurrency to Bypass Sanctions
30.5.2023
The government of Russia is preparing to regulate the establishment and action of crypto exchanges, abandoning its earlier proposal of the creation of a unique national platform. Anatoly Aksakov, head of the Russian State Duma Financial Markets Committee, stated that crypto exchanges could help...
Optimism Token Prices Slide 7% Ahead of $580M OP Unlock, Doubling Token Supply
30.5.2023
The initial vesting period for early investors and contributors ends today and will nearly double the circulating supply of the tokens
First Mover Asia: Does Crypto’s Success Depend on the Upcoming Presidential Election?
30.5.2023
ALSO: The Commitment of Traders report shows that asset managers have increased their open long positions in bitcoin after falling in the two prior weeks
Huobi HK Offers Spot Trading and Custodial Solutions in Hong Kong Following Licensing Regime Implementation
29.5.2023
On May 29, Huobi HK announced its expansion of services after Hong Kong implemented its new crypto exchange license system. The platform now provides spot and custodial services to both retail and institutional customers in Hong Kong. Huobi’s update comes shortly after Huobi Global faced regulatory...
Price analysis 5/29: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
29.5.2023
The news of a tentative debt ceiling deal bolstered Bitcoin’s price above $28,000, but higher levels continue to attract selling from the bears
Biggest Movers: BNB Hits 20-Day High, as LTC Extends Recent Gains
29.5.2023
Litecoin rose for a sixth consecutive session to start the week, as bullish sentiment returned to cryptocurrency markets. As of writing, the global market cap is up by as much as 2.50%. BNB was also in the green, hitting a 20-day high on Monday. Litecoin (LTC) Litecoin (LTC) was a notable mover...