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Bitcoin Adoption Reaches Critical Low in El Salvador Despite Government Push
18.10.2024
A new survey has found that bitcoin usage has dropped to critical levels in El Salvador, with less than 10% of its citizens using it to make transactions. The numbers are surprising to analysts, given the push that President Nayib Bukele has made for bitcoin in the country since its adoption...
The ‘memecoin supercycle’ theory is converting crypto unbelievers
17.10.2024
The memecoin supercycle theory has spread quickly, convincing many of the potential for big profits
Bitcoin price drops under $67K as investors chase profit in stocks
17.10.2024
Bitcoin pulled back from its range high as investors moved to greener pastures, but a possible misstep by the SEC could benefit BTC.
Staked Ether Is Creating a Benchmark for the Crypto Economy, Says ARK Invest
17.10.2024
The growing use of stETH in DeFi protocols means the asset is slowly taking the role of the fed funds rate in the crypto ecosystem, says ARK Invest
U.S. Election Betting: Federal Court 'Erred' in Letting Kalshi Launch Prediction Markets, CFTC Says
17.10.2024
A federal judge "erred" in letting prediction market purveyor Kalshi list and trade election contracts, attorneys for the U.S. Commodity Futures Trading Commission argued in a brief to an appellate court Wednesday, reiterating many of the arguments it made during its case before the lower court
$20B Flows Into Bitcoin ETFs Since January – Wednesday’s Top Players Revealed
17.10.2024
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced another high-activity trading session, pulling in $458.54 million in gains. Meanwhile, ether ETFs also saw inflows, with $24.22 million moving into the nine funds. U.S. Bitcoin and Ether ETFs Absorb Millions – A Key Shift...
Kamala Harris’s Odds of Winning Take a Major Hit After Fox News Interview, Shaking up the 2024 Race
17.10.2024
Following a ‘testy’ interview with Bret Baier on Fox News, Vice President Kamala Harris has seen her odds of winning the election drop sharply to 38.7%, according to Polymarket bettors. Meanwhile, former President Donald Trump’s odds have climbed to 61.3%, reflecting a significant shift in...
Four Reasons Elon Musk’s Tesla May Have Moved $760M of Bitcoin
17.10.2024
The electric carmaker moved its stash of BTC to new wallets earlier this week, sparking speculation on why it may have done so
Ongoing Profit-Taking Could Slow Bitcoin's Move To Record High
17.10.2024
Historical data suggests when the bitcoin circulating supply in profit is over 94% we tend to see a sell-off due to profit-taking
First Mover Americas: Bitcoin Recedes to $67K as Crypto Market Sees Slight Dip
17.10.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
GraFun Starts Labs Division to Boost Memecoin Ecosystem on BNB Chain
17.10.2024
The Labs partners include trading firm DWF Labs and the Floki, BNB Chain’s largest memecoin by market capitalization
deBridge Token Goes Live With DBR Airdropped to 491K Wallets
17.10.2024
All airdrop recipients have the option to claim 50% at the token generation event (TGE), 50% six months later, or 80% at TGE minus a 20% penalty
Coinbase Says Bitcoin Liquidity on Exchange Unfazed After SEC's Lawsuit Against Cumberland
17.10.2024
Kaiko pointed to a notable drop in 2% BTC market depth on Coinbase in a report early this week
Kalshi Research Finds 'Widespread Evidence' of Strong Republican Momentum in U.S. Elections
17.10.2024
A note from Kalshi's market research team suggests the prediction market - polls gap can be explained by Harris' sliding popularity with key demographics
US lagging behind in global stablecoin adoption — Chainalysis
17.10.2024
Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions
Asian Private Wealth Managers Embrace Crypto, Some Foresee Bitcoin at $100K By Year-End
17.10.2024
Asian Private Wealth Managers Embrace Crypto, Some Foresee Bitcoin at $100 By Year-End
Bitcoin Demand Surges in Bullish Catalyst That May Drive BTC Price to $70K
17.10.2024
Technical indicators point to a price surge, and Polymarket bettors have their money on BTC passing $70K this month
BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor
17.10.2024
A Zimbabwean professor has highlighted the BRICS New Development Bank (NDB) as a crucial alternative to the International Monetary Fund (IMF), offering better financial terms to developing nations. He emphasized the NDB’s role in helping countries like Zimbabwe escape debt cycles and discussed...
Ethereum price crashes often follow ETH open interest peaks — Will history repeat?
16.10.2024
Ethereum’s futures open interest hit a new all-time high, but data shows this feat is usually followed by an ETH price crash
Ethereum price crashes often follow ETH open interest peaks — Will history repeat?
16.10.2024
Ethereum’s futures open interest hit a new all-time high, but data shows this feat is usually followed by an ETH price crash