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BRC-20 tokens surpass $1B market cap as wallet providers prepare integration
9.5.2023
The growth in BRC-20 tokens comes just two months after the creation of the Bitcoin token fungibility protocol
Meme Token PEPE Plunges Below $1 Billion Mark Amidst Market Decline
9.5.2023
The recently launched meme token, inspired by Pepe the Frog and dubbed PEPE, experienced a 12% decline against the U.S. dollar on Tuesday, plummeting its market valuation beneath the $1 billion threshold to a present $790 million. Concurrently, the total meme coin sector faced a 7% loss against...
Galaxy Digital Posts $134M First-Quarter Profit on Strong Showing for Crypto Market
9.5.2023
The figure compares with a net losses of $111.7 million in the year-earlier period and $288 million in the fourth quarter
Crypto market stable despite concerns about rising inflation rates and banking sector turmoil
9.5.2023
Bitcoin’s rally to over $25k in recent weeks and finally to 30k is a significant sign that a bull run might not be so far away. The news has added a layer of confidence in investor attitudes even as the banking sector faces a crisis. Numerous assessments in the financial markets have poked...
Warren Buffett dumps $13.3B in stocks — A warning sign for Bitcoin and risk-assets?
9.5.2023
The "Oracle of Omaha" has increased Berkshire Hathaway's cash holdings by $2 billion in Q1, signaling his decreasing confidence in risk-assets
Warren Buffett Sees ‘No Option’ Other Than US Dollar as Reserve Currency, but Warns Fed Can’t ‘Just Print Money Indefinitely’
8.5.2023
Warren Buffett, CEO of Berkshire Hathaway and one of the most renowned investors in the market, stated that he saw no viable option to become the world’s reserve currency besides the U.S. dollar. However, he warned about the dangers that printing too much money could bring to the strength...
Crypto remains hopeful as market moves sideways: Report
8.5.2023
BTC continues to trade in a narrow range, and memecoins steal the limelight from NFTs as views on the macroeconomic outlook diverge
Biggest Movers: XRP, SOL Move 5% Lower to Start the Week
8.5.2023
Xrp plunged to a six-week low on Monday, as cryptocurrency markets moved further into the red. The global crypto market cap fell by over 3% to start the week, which comes days ahead of the upcoming U.S. inflation report. Solana also declined, hitting a multi-week low. XRP Xrp, formerly known...
Bitcoin, Ethereum Technical Analysis: BTC Extends Declines, as Markets Continue to React to Nonfarm Payrolls
8.5.2023
Bitcoin fell below $28,000 to start the week, as markets continued to react to last Friday’s United States nonfarm payrolls (NFP) report. The payrolls report came in at 250,000 versus expectations of 180,000 jobs. Ethereum was also lower, as prices fell back below $1,900. Bitcoin Bitcoin...
$SPONGE Price Bounces After Meme Token Market Crash, More Exchange Listings Announced
8.5.2023
Top trending meme coin $SPONGE is bouncing back strongly after the wider crypto crash sent meme coins lower.
Helping $SPONGE today is the news of its launch on the Poloniex centralized exchange (CEX) at 11:00 UTC.
The Poloniex listing means $SPONGE can now be traded on four CEXs. Yesterday...
First Mover Americas: PEPE Peaks After Binance Listing
8.5.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for May 4, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Price Prediction as Market Volatility Sends BTC toward $28,000 Support – When is the Next Leg Up?
7.5.2023
As market volatility shakes the crypto world, Bitcoin's price appears to be heading toward the $28,000 support level, leaving investors and traders wondering when the next leg up will materialize.
In this Bitcoin price prediction, we will explore the factors contributing to the current market...
Bitcoin’s BRC20 Token Economy Skyrockets 192% to $279 Million in Just Four Days
7.5.2023
Four days ago, the market capitalization of all the BRC20 tokens built on top of the Bitcoin network was a modest $95 million. However, over the past four days, the BRC20 market valuation has seen tremendous growth, increasing by 192% and reaching $279 million. More Than 13,000 BRC20 Tokens Built...
Digital Assets for 1 Billion Rubles Issued in Russia in a Month
7.5.2023
Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional capital. Russia’s...
Bitcoin Price & Ethereum Prediction: BTC & ETH Dip by 3% - Anticipating the Week Ahead in Crypto Market
7.5.2023
The cryptocurrency market has experienced a slight setback as both Bitcoin (BTC) and Ethereum (ETH) witnessed a dip of nearly 3% in their prices.
As the week unfolds, investors and traders are keenly observing the market trends, seeking insights on the possible future movements of these leading...
Defi Market Holds Steady at $49.31 Billion TVL, Lido Finance Leads the Pack With 24.82% Share
6.5.2023
Since April 18, 2023, the total value locked (TVL) in decentralized finance (defi) has been fluctuating just below the $50 billion threshold. As of today, the TVL amounts to $49.31 billion, registering a 1% increase within the last 24 hours. TVL in Defi Shows Signs of Improvement, Yet to Surpass...
NFT Sales See Modest Increase of 1.46% to Reach $149M in Past Week
6.5.2023
In the past week, sales of non-fungible tokens (NFTs) have increased by 1.46%, raking in a total of $149,312,180. However, while the number of NFT buyers has risen by 22.48%, the number of NFT transactions has decreased by 8.78% compared to the previous week. Azuki Emerges as Top-Performing...
Flare & Sparklo are making incredible strides to compete in the next bull market
6.5.2023
The bull market can start at any moment, and any ecosystem caught unprepared will be left out. With a high level of preparedness among Sparklo (SPRK) and Flare (FLR), they are pumped and ready for the bull run. As a result, this has led to increasing interest among investors, who favor the projects...
Bitcoin Price Prediction as BTC Turns Green for The Month – Is the Bear Market Over?
6.5.2023
As Bitcoin (BTC) turns green for the month, investors and traders are speculating whether the bear market is finally over.
In this price prediction, we will explore Bitcoin price predictions and analyze the factors driving the recent positive momentum, assessing if this marks the end of...
US Banking Crisis Looms as ‘Credit Tightening’ Mentions Reach Record Highs on Company Calls
5.5.2023
Recent data reveals that while the banking industry in the U.S. is facing significant challenges, executives are mentioning “credit tightening” more frequently in earnings calls than during the 2008 financial crisis. Additionally, Google Trends data indicates a surge in search queries...