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CoinDesk Market Index Adds Convex, Serum, 12 Other Digital Assets

2.11.2022
The digital-asset index deleted Polymath and Tribe as constituents, in a series of changes that take effect Nov. 2 at 4 p.m. ET

CZ explains why it's so important to be building during the bear market

2.11.2022
The crypto executive cites lower labor costs and business acquisition costs as key factors

Biggest Movers: LTC Hits 6-Week High, as LEO Rises for the Ninth Straight Day

2.11.2022
Litecoin rose to its highest level in over six weeks on Wednesday, as the token moved past a key price ceiling. Today’s move comes despite cryptocurrency markets mostly trading lower, ahead of the Federal Open Market Committee (FOMC) meeting. Unus sed leo (LEO) was also higher, climbing...

Bitcoin, Ethereum Technical Analysis: ETH Drops to 5-Day Low, as Fed Likely to Delay Policy Pivot

2.11.2022
Ethereum dropped to its lowest level since last Friday during today’s session, as consolidation in crypto markets continued on Wednesday. This comes ahead of this afternoon’s U.S. Federal Reserve interest rate decision. Bitcoin was also in the red, and remains below $20,800. Bitcoin...

Top Three Cryptocurrencies To Consider Amid The Ongoing Bear Market – XRP, Cardano, and Dogeliens Token

2.11.2022
The ongoing bear market within the cryptocurrency is unexpectedly putting a strain on the affairs of crypto regulars, such as traders and investors. Bear markets are lengthy spells of extreme market volatility and negative prices, so the current situation within the industry is not at...

Billionaire Mike Novogratz May Cut 20% of Workforce at Galaxy Digital – Signs of Bear Market?

2.11.2022
Michael Novogratz, the founder of the US-based crypto financial services firm Galaxy Digital Holdings, could let go of up to 20% of the workforce amid the market downturn. Crypto exchange BitMEX has also reduced its staff. According to a report by Bloomberg, there is no official plan for...

Chainlink builds a low-latency Oracle solution for the DeFi market

2.11.2022
Oracle’s present low-latency solution provider for spin-offs in the Defi market comes with a sea of opportunities. However, this will be instrumental in exponentially increasing the overall value quotient of Web3. Considering that the conventional financial markets all over the globe bring more...

Singapore Carries Out First Trades in DeFi Pilot for Wholesale Funding Market

2.11.2022
The banks involved in the pilot were DBS, JPMorgan, and SBI Digital Asset

Publicly-Listed Bitcoin Miner Argo Blockchain’s Stock Gets Downgraded, Firm Offloads Close to 4,000 Bitmain Miners

2.11.2022
On Oct. 31, 2022, the publicly-listed bitcoin miner Argo Blockchain revealed the firm’s attempt to obtain $27 million in a scheduled financing deal fell through. According to the company’s October update, Argo said it did not believe the deal “will be consummated”...

Research report outlines why the crypto market might be on the verge of a reversal

1.11.2022
The bottom might not be in, but a report from Arcane Research outlines how the crypto market could perform in the short, medium and long-term

Gibraltar Will Focus on Stablecoins and DeFi Lending After Market Turmoil

1.11.2022
The country wants to develop its regulatory framework for crypto, Albert Isola MP, Minister for Digital and Financial Services said in an interview with CoinDesk

Market Wrap: Uniswap, Federal Reserve in Focus as Dogecoin Rests

1.11.2022
Uniswap’s UNI token has been getting a fresh look from investors following a big fundraise earlier this month. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets

Bitcoin Miner Cleanspark Acquires 3,853 Bitmain-Made BTC Mining Rigs for $5.9 Million

1.11.2022
On Nov. 1, 2022, the bitcoin miner Cleanspark revealed it acquired 3,853 Bitmain-brand Antminer S19J Pro mining rigs for $5.9 million. According to Cleanspark, the company has purchased 26,500 bitcoin mining machines since the crypto winter started in June. Cleanspark Purchases 3,853 Antminer S19J...

Bitcoin on-chain data flashes early signs of the BTC bottom being in

1.11.2022
BTC bulls aim to confirm $20,000 as support as fresh on-chain data begins to signal that the bottom might be in

Biggest Movers: DOGE Over 130% Higher in the Last 7 Days

1.11.2022
Meme coins remained higher on Tuesday, despite cryptocurrency markets mostly trading in the red. Dogecoin is now over 130% higher in the last week, as the token climbed to its highest point since April. Shiba inu was also higher, climbing back above a key price ceiling. Dogecoin (DOGE) Dogecoin...

Gamestop NFT Marketplace Is Now Live on Immutable X, Market Features Web3 Games

1.11.2022
After announcing the non-fungible token (NFT) marketplace seven months ago, the American consumer electronics and gaming merchandise retailer, Gamestop, has officially launched the company’s NFT market on Immutable X. In addition to NFTs, Gamestop’s marketplace also features Web3 gaming with games...

Bitcoin, Ethereum Technical Analysis: BTC Consolidates as Markets Prepare for 0.75% Rate Hike

1.11.2022
Bitcoin was consolidating below a key resistance level on Tuesday, as market volatility rose ahead of the upcoming U.S. Fed decision. Tomorrow’s Federal Reserve meeting will likely see interest rates increased, as the bank battles inflation. Ethereum moved below $1,600 in today’s...