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As the Gun Market Moves to Crypto, Deeply Private Owners Reveal More Than They May Know
31.8.2022
While lobbyists don’t want the government to track guns with a registry, the blockchains driving crypto act like one. This piece is part of CoinDesk’s Sin Week
Biggest Movers: LEO Hits 6-Week High, as NEAR Jumps Higher for Third Straight Session
31.8.2022
LEO rose to a six-week high on Wednesday, as prices rallied for a fifth consecutive session. The move came as the token raced past a key resistance level, on its way to today’s peak. Near protocol was another notable gainer, climbing for a third straight day. UNUS SED LEO (LEO) Unus Sed...
Bitcoin, Ethereum Technical Analysis: ETH Hovers Near $1,600, as Crypto Markets Consolidate
31.8.2022
Ethereum was hovering close to $1,600 during Wednesday’s session, as market volatility eased today. Following a turbulent week of trading, crypto markets mostly consolidated on hump-day, with the global market capitalization down 0.23% as of writing. Bitcoin’s price was mostly...
Bitcoin and Ethereum Struggle to Continue Higher, NEXO Outperforms
31.8.2022
Bitcoin price is still struggling to clear the USD 20,500 resistance and is currently (12:18 PM UTC) consolidating above the USD 20,300 level. BTC is unchanged in a day and down almost 6% in a week.
Similarly, most major altcoins are facing hurdles. ETH is facing strong resistance near USD 1,620...
New Study Says Number of Cryptocurrencies Now at 10,000 — Five Coins Account for 75% of Total Market Cap
31.8.2022
The number of known cryptocurrencies surged from 6,000 in July 2021 to 10,400 in February 2022 before dropping to around 10,000 by August. Only five cryptocurrencies currently account for over 75% of the entire crypto industry market capitalization. A Thousand Cryptocurrencies Added Every Month...
Morgan Stanley Says Stablecoin Market Cap Is Contracting Again
31.8.2022
The combined market capitalization of the two largest stablecoins, tether and USD Coin, has begun to fall again, a sign that quantitative tightening in the crypto financial system has resumed
Potential Bitcoin price double-bottom could spark BTC rally to $30K despite 'extreme fear'
31.8.2022
The selling pressure in the Bitcoin market is not as bad as it was during the Terra and Three Arrows Capital crises
Report: Constitutional Court Says Central African Republic’s Sango-Coin-for-Citizenship Scheme Is Illegal
31.8.2022
A constitutional court in the Central African Republic has reportedly ruled that the Touadéra government’s offer of land and citizenship to buyers of the sango coin is unconstitutional. The court said the sango-coin-for-citizenship scheme must be stopped because the country’s...
Bitcoin and Ethereum Eye Additional Gains, NEXO Rallies
31.8.2022
Bitcoin price once again recovered after dropping below USD 20,000 yesterday and is currently (03:52 UTC) trading above USD 20,400 and eyeing more gains. BTC is now almost unchanged in a day and down 5% in a week.
Similarly, most major altcoins might move higher. ETH recovered above USD 1,600...
Compound cETH market bricked by update — 7-day wait on vote to fix it
31.8.2022
The code bug has plagued the cETH market and has affected Compound’s front-end user face, but the CEO confirmed that “funds are not immediately at risk.”
Market for Compound Ether Token ‘Frozen’ After Code Bug Kills Price Feed
31.8.2022
Compound points to faulty code in a recent addition to the protocol as the problem and said a solution is days away
Market Wrap: Bitcoin's Price Retreats Along With Stocks
30.8.2022
Risk assets trade down as global economic fears persist. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Publicly-Listed Bitcoin Miner Cleanspark’s Hashrate Exceeds 3 Exahash, Firm Records Daily Production High of 13.25 BTC
30.8.2022
Bitcoin miner Cleanspark says it experienced accelerated growth amid the crypto winter this year and the operation’s hashrate has surpassed 3 exahash per second (EH/s), tripling in less than twelve months’ time. The news follows a number of expansions bitcoin mining operations have...
Hubble Protocol Launches Kamino Finance to Optimize Yields for Liquidity Providers on Solana
30.8.2022
PRESS RELEASE. LONDON | August 30, 2022 – Hubble Protocol, home of the USDH stablecoin, has launched Kamino Finance: the first concentrated liquidity market maker (CLMM) optimizer of its kind on the Solana blockchain. Kamino Finance, launching initially on next-generation decentralized...
Biggest Movers: FLOW up 12% on Tuesday, Hitting 5-Day High
30.8.2022
Flow rose for a second consecutive session on Tuesday, as the token climbed by 12% earlier in the day. The rebound comes after prices fell to a one-month low over the weekend. Cosmos was also in the green, as it, too, hit a five-day high. Overall, the global crypto market cap is up 0.68%...
Bitcoin Slides Below USD 20K Again, Ethereum Erases Daily Gains as Crypto Market Turns Red
30.8.2022
The most popular cryptocurrency, bitcoin (BTC), failed to continue higher today and moved below the USD 20,000 level again. The second most popular cryptoasset, ethereum (ETH), also dropped, erasing all its daily gains.
At 15:09 UTC, BTC trades at USD 19,776 and is down 2% in a day. The price...
Crypto market turmoil highlights risks of leverage in trading
30.8.2022
Leverage is widely used in the crypto industry. While leverage has the potential to increase returns, it also amplifies downside risks
First Mover Americas: Bitcoin Holds $20K Level; Altcoins Recover as Market Sentiment Improves
30.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 30, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000 as Markets Rebound
30.8.2022
Bitcoin was back above $20,000 on Tuesday, as bulls seemingly moved in to buy following the recent dip in price. The token dropped to a multi-week low over the weekend, however prices have now risen in back-to-back sessions. Ethereum was also in the green, as prices briefly recaptured $1,600....
Bitcoin and Ethereum Inch Higher, ATOM and LDO Accelerate
30.8.2022
After clearing the USD 20,000 resistance zone, BTC is currently (11:36 UTC) trading near USD 20,470 and it might attempt a clear move above the USD 20,500 zone. If the bulls remain in action, the price might also test the USD 21,200 resistance. BTC is up 3% in a day and down 4% in a week....
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