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Market Wrap: Ether, Other Cryptos Rise Despite Unsettling Inflationary Concerns
3.11.2022
Bitcoin was trading sideways but other major cryptos were solidly in the green despite a jumbo interest rate hike by the Bank of England and a dip in jobless claims. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
US Lawmakers Probe SEC, Treasury, Federal Reserve Over Revolving Door With Crypto Industry
30.10.2022
U.S. lawmakers have raised concerns about the revolving door between financial regulators and the crypto industry. “Over 200 government officials have moved between public service and crypto firms,” the lawmakers said, adding that they include 31 Treasury Department officials and...
Musk fires Twitter execs, research stirs blockchain energy debate and CFTC brass shares crypto concerns: Hodler’s Digest, Oct. 23-29
28.10.2022
Yuan Taps New Low Versus US Dollar as Investors React to Endorsement of Chinese President’s Third-Term Bid
25.10.2022
The Chinese yuan’s offshore exchange rate against the U.S. dollar fell to a new all-time low of 7.33:1 just over a day after the conclusion of the Chinese Communist Party’s congress which gave President Xi Jinping the mandate to lead the country for the third time. Concerns over...
Meta Downgraded by BofA to Neutral From Buy Partly on Metaverse Concerns
24.10.2022
Investment in the metaverse will remain an overhang on the stock, the report said
Quest Pro VR headset raises privacy concerns for Meta’s future in metaverse
17.10.2022
Meta announced its latest VR headset, Quest Pro, which includes a new eye and facial movement tracker said to enhance digital avatar expressions and realism
51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns
14.10.2022
One month after the Merge, mev-boost relays expanded its market share as block builders, data shows
First Mover Asia: BitMEX Shift From Hong Kong Reflects the Toll of Stringent Covid Policies; Bitcoin Trades Sideways Amid Energy, Employment Concerns
6.10.2022
The crypto exchange leased out a full floor of the prestigious Cheung Kong Center in 2018 but now relies increasingly on remote work. BitMEX’s largest office is now in Singapore. Bitcoin trades sideways
US Senator Says ‘I Love That Bitcoin Can’t Be Stopped’ Citing Concerns About National Debt and Inflation
3.10.2022
U.S. Senator Cynthia Lummis says she loves that bitcoin cannot be stopped and that governments cannot just confiscate the cryptocurrency. “It’s actually comforting to know that bitcoin is there,” she said, citing concerns about the national debt and inflation. U.S. Senator:...
NEXO risks 50% drop due to regulatory pressure and investor concerns
30.9.2022
Analysts fear NEXO price could come under pressure if regulatory action in the United States begins to intensify
JPMorgan Sees Concerns for Ethereum Blockchain After the Merge
22.9.2022
The platform has become less decentralized after the switch to proof-of-stake, the bank said
Market Concerns Cause Crypto Market Cap to Fall Below $950 Billion
19.9.2022
Digital currency is in the freefall condition as the market trends with a bearish tone, especially past 24 hours which have shown unexpected signs. The overall crypto market cap goes below the mark of $950 billion. Every cryptocurrency is aimlessly riding the bear despite holders hoping to recover...
Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to Bitcoin
16.9.2022
The Microstrategy executive Michael Saylor is a big believer in Bitcoin as his company has purchased close to 130,000 bitcoin during the last few years. Six days ago, the U.S. Office of Science and Technology Policy published a report that claims proof-of-work mining operations have been affecting...
El Salvador Bitcoin bond delayed due to security concerns: Tether CTO
2.9.2022
The Bitcoin bond was announced in November last year and was initially expected to launch in the first quarter of 2022
Crypto Twitter shares security concerns regarding Meta’s recent NFT integration news
31.8.2022
Meta recently announced its latest NFT feature will allow users to connect their digital wallets to Instagram and Facebook
UN Human Rights Chief Voices Concern Over Assange Extradition Case, Wikileaks Continues to Raise Large Sums of Crypto
29.8.2022
On Saturday, the human rights chief at the United Nations (UN), Michelle Bachelet, said that the potential extradition of whistleblower Julian Assange raises concerns for the rights of future whistleblowers and investigative journalists. Meanwhile, cryptocurrency supporters have continued to donate...
Ethereum dev addresses node centralization concerns in runup to the Merge
26.8.2022
A majority of 4,653 active Ethereum nodes are being run through centralized web providers like Amazon Web Services, which experts believe could become a central point of failure
One-third of estimated 115M Indian crypto users concerned about regulations
23.8.2022
A KuCoin survey estimates that some 115 million Indian citizens are invested in cryptocurrencies, while many are still concerned about the government's stance towards the sector
Market Wrap: Bitcoin’s Price Plummets on Global Inflation Concerns
19.8.2022
The decline in crypto prices appears to be linked to poor inflation data in Germany. Bitcoin (BTC) sold off sharply in Friday trading, and was recently trading below $21,500, down more than 8% over the last 24 hours. The largest cryptocurrency by market capitalization is down 13% for the week.The...
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,900 as Markets React to Weakening Chinese Economy
16.8.2022
Ethereum fell below $1,900 earlier today, as crypto markets continued to react to disappointing economic data from China. Figures for July showed that both retail sales and industrial production in China had grown by less than expected, heightening concerns of an upcoming global recession. Bitcoin...