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Bitcoin Miners Breathe a Sigh of Relief as Difficulty Drops 1.45% After Five Consecutive Increases
4.5.2023
Bitcoin’s network has been putting miners through the wringer lately, with five straight difficulty increases that had them on edge. However, on May 4, 2023, at block height 788,256, the network difficulty level took a dip, dropping by 1.45% and bringing the overall difficulty down to 48.01...
First Mover Americas: Bitcoin Pushes Above $29K After Fed Rate Hike
4.5.2023
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
Play-to-Earn Is Dead, But ScapesMania’s Launch Brings a Vital Alternative In Light of the P2E Apocalypse
4.5.2023
PRESS RELEASE. P2E projects have reached a dead-end due to the inherent issues of the model. Token Prices and user bases are plummeting and revenue streams of such projects are no longer functioning. So, is this it for the P2E, and is there a way out? May 4, 2023, MAHÉ, SEYCHELLES –...
Bitcoin's Dominance Rate Surges After U.S. Banking Crisis
4.5.2023
Bitcoin's outperformance during the banking crisis indicates the cryptocurrency is the anti-dollar liquid play for investors, one portfolio manager said
CEX trading volumes decline in April after months of growth: Kaiko
4.5.2023
After three months of consecutive growth, centralized exchange trading volumes fell to their lowest this year in April
Gold, Silver, and Crypto Prices Surge After Federal Reserve’s Quarter-Point Increase
4.5.2023
Following a quarter-point increase in the federal funds rate by the Federal Reserve on Wednesday, precious metals such as silver and gold experienced a surge in value against the U.S. dollar, with gains ranging from 0.87% to 1.18%. Gold, in particular, has been on an upward trajectory, having risen...
Bitcoin Falls Slightly After Fed Rate Hike
3.5.2023
BTC was down about 1% after the U.S. central bank boosted the Federal Funds rate by 25 basis points. Fed Chair Jerome Powell noted that the central bank had omitted language signaling rate hikes at upcoming meetings
3 signs PEPE token is about to trap bulls after 2,000% price rally
3.5.2023
PEPE price risks losing 20% in May due to shaky technicals, waning retail interest, and too many risks of market manipulation
Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say
3.5.2023
Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the 2021 record. This year’s high numbers are coming after 2022 became the worst annual period in seven years for the sanctioned Russian banking sector in terms of financial outcome. Banks...
Amnesty nixes AI-generated images of Colombian protests after criticism
3.5.2023
The human rights advocacy group pulled the faked images following widespread online criticism
Lost Pokémon Anime Episodes Rediscovered After 12 Years
2.5.2023
In the spring of 2011, Japanese broadcasters declined to air two episodes from the Pokémon anime due to a catastrophic earthquake. While the networks originally promised to air them at a later date, these episodes never materialized. Now, thanks to the efforts of a fan who tracked down a copy...
Star Wars Jedi: Survivor Is On Sale Barely A Week After Release
2.5.2023
Though Respawn Entertainment’s gargantuan Metroidvania Star Wars Jedi: Survivor was only released a few days ago, on April 28, the $70 game is already $10 off. Amazon recently added a sneaky “apply $10 coupon” box you can click while purchasing physical copies for PS5 and Xbox Series X online.Read...
Ethereum whale population drops after Shapella — Will ETH price sink too?
2.5.2023
Ethereum's supply across whale addresses has dropped consistently since March 2020, offset by greater retail interest
Maybe We Shouldn't Go Back To The Moon After All
2.5.2023
Humans are going back to the Moon! NASA’s Artemis program is going to send a bunch of astronauts to the Lunar surface in the coming years, initially for Moon business, but later to start work on the eventual journey to Mars. It’s exciting stuff, but as this art series shows, it can’t hurt to pack...
Justin Sun issues apology after Sui LaunchPool clash with Binance CEO
1.5.2023
Nearly $4 billion has been staked in Binance's Sui farming pools in anticipation of the layer -1 blockchain's airdrop
Wall Street Baby Price Pumps 275% After Wall Street Bets Tweet, Is WSB A Good Buy while Crypto Prices Crash?
1.5.2023
In the midst of a crashing cryptocurrency market, Wall Street Baby (WSB) has experienced an impressive 275% price surge following a tweet from Wall Street Bets. This raises the question: Is WSB a wise investment choice during the current market downturn?
In this update, we'll explore the factors...
JPMorgan Chase Assumes Control of First Republic Bank Following Seizure by California Regulators
1.5.2023
On May 1, 2023, the California Department of Financial Protection and Innovation (DFPI) seized First Republic Bank, placing it into Federal Deposit Insurance Corporation (FDIC) receivership. According to reports, this move came after the bank’s financial troubles made it insolvent and unable...
Justin Sun to Reverse $56M Binance Transfer After CZ Warns Against Potential SUI Token Grab
1.5.2023
"Binance LaunchPool are meant as air drops for our retail users, not just for a few whales," Binance CEO Changpeng Zhao tweeted after Sun transferred $56 million in TUSD to Binance
NFT Sales Drop for Second Consecutive Month After Record-Breaking Start to 2023
30.4.2023
Sales of non-fungible tokens (NFTs) have declined by 5.76% over the past 30 days, according to the latest NFT sales statistics. The data reveals that the sales figure stood at $732.13 million in April, which is $44.75 million lower than the $776.88 million recorded in March. NFT Sales Decline...
US Central Bank Expected to Raise Lending Rate by 25bps: Experts Predict Final Hike of 2023
30.4.2023
After the most recent increase in the federal funds rate, the U.S. Federal Reserve is set to raise the lending rate by 25 basis points (bps) to 5.25% in three days, according to expectations. A recent poll of 105 economists revealed that 94 of them predict a 25bps rate hike will occur during...