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US Inflation Hits Two-Year Low, Boosting Stocks and Precious Metals
13.7.2023
On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has fallen for 12 consecutive months, with the index rising 0.2% on a monthly basis....
Bitcoin Liquidations Drop to Lowest Since April, Indicating Waning Interest Among Futures Traders
12.7.2023
Trading volumes slumped 55% on Tuesday compared to Monday in a sudden market shift, data shows
Bitcoin Exodus: Over 855,000 BTC Withdrawn From Exchanges Since July 2020
12.7.2023
According to current data, about 2,086,034 bitcoins were held on exchanges as of July 11, 2023. This figure is 154,160 bitcoins less than the number held on centralized trading platforms 72 days earlier, on April 30. The number of bitcoins on exchanges has significantly dropped since July 31, 2020...
First Mover Americas: GBTC Discount Narrows to Lowest Since May 2022
11.7.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Binance US Arbitrage: Social Media Users Say BTC Discount Not Indication of an Opportunity
10.7.2023
For several days since Binance US announced the resumption of withdrawals, bitcoin (BTC) has changed hands at a discount and was trading at more than $2,500 below the prevailing market price on July 10. The emergence of a discount on crypto assets paired with USD on Binance US has fueled...
Grayscale Bitcoin Trust Discount Narrows to Lowest Since May 2022
10.7.2023
The discount has been narrowing on hopes the SEC might soon approve a spot bitcoin ETF
Coinbase shares up 50% since the SEC sued the exchange
10.7.2023
Senior Coinbase executives, including CEO Brian Armstrong, have been selling their COIN shares amid the stock’s growth over the past month
Voyager Digital Sees $250 Million in Net Outflow Since Resuming Withdrawals
10.7.2023
Bankrupt crypto lender Voyager Digital has seen more than $250 in net outflow since it resumed withdrawals on June 23, a year after it filed Chapter 11 and halted withdrawals.
As per data from Dune Analytics, the platform currently holds $176 million worth of cryptocurrencies.
Voyager Digital...
Arthur Hayes Insists ‘Bitcoin Will Be the Currency’ of Artificial Intelligence
8.7.2023
In a freshly unveiled blog piece, Arthur Hayes, the former CEO of crypto derivatives platform Bitmex, posits that bitcoin is the prime currency for artificial intelligence (AI). Hayes maintains that moving forward, BTC will be the favored currency for AIs since they “must use a system that...
$30B stolen from crypto ecosystem since 2012: Report
7.7.2023
The stolen mount represents nearly 3% of the current market cap of listed cryptocurrencies
Diablo’s First New Class Since 2014 Is A Cool-Looking Vampire Warrior
7.7.2023
On July 6, Blizzard announced the first new Diablo class in almost a decade, confirming that a vampire-themed Blood Knight class will be coming to mobile spin-off Diablo Immortal on July 13. This is the first new class introduced in the franchise since 2014, when the Crusader was added in Diablo...
Since There's Time, Catch Up On What's Happened In Overwatch 2 Before The Story Missions
6.7.2023
Blizzard is finally, finally moving hero shooter Overwatch 2’ story forward when it launches its ($15) story missions on August 10. Despite this being the most forward momentum, lore-wise, that the series has had since it launched in 2016, there’s actually a lot of story to catch up on—just most...
Bitcoin Blockchain Clears Over 187,000 Unconfirmed Transactions Since Last Week
5.7.2023
Throughout the past week, the Bitcoin blockchain has successfully confirmed over 187,000 unconfirmed transactions, as shown by recent statistics. This has not only reduced a significant portion of the congestion but also led to a decrease in onchain fees within the same period. Bitcoin Fees...
Hot New Steam Shooter Is The First Good Battlefield Game Since 2016
5.7.2023
A simple new low-poly online PvP military shooter that plays a lot like Battlefield 3 and only costs $15 might not seem like the next big thing. But in fact, it is, and after playing it for a week I get why: It’s just a really good shooter focused on gameplay and chaos. Read more
Bitcoin Emerges as NFT Contender With $463 Million in Sales in 4 Months
5.7.2023
In just four months, starting from February 7, 2023, non-fungible token (NFT) sales on the Bitcoin blockchain have soared to $463.68 million. This growth has propelled the network to secure the second-highest number of monthly NFT sales consistently since then. However, despite this impressive...
Dappradar: Metaverse Projects Command 43.68% of the Web3 Investments in 2023
4.7.2023
While metaverse and virtual world projects have nosedived, a recent report of Dappradar, a Web3 tracking site, has revealed that venture capital firms have invested $707 million in these projects since the start of 2023. This means that, even when the metaverse narrative was substituted by meme...
Biggest Movers: XMR Races to 5-Month High, as ATOM Extends Recent Gains
3.7.2023
Monero continued to climb during Monday’s session, as the token surged to its highest point since February. The move comes as the global crypto market cap was marginally higher on the first working day of June. Cosmos also extended recent gains, hitting a one-month high in the process....
Redemptions Plague Stablecoin Economy, Wiping Out Over $2 Billion in June
2.7.2023
The market capitalization of the stablecoin economy on July 2, 2023, has fallen below the $129 billion mark to the current $128.21 billion, according to statistics. Just over $2 billion in stablecoins have been withdrawn from the stablecoin token economy since May 28. Stablecoin Economy Faces...
Bitcoin’s Sats Names Ecosystem Flourishes: 370,000 SNS Names Inscribed
1.7.2023
On June 26, 2023, the number of Bitcoin-based Ordinal inscriptions surpassed 14 million, just six days after exceeding 13 million. Inscription activity has continued to rise since then. In addition to text, non-fungible tokens (NFTs), and fungible BRC20 tokens, Ordinal inscription technology...
Biggest Movers: LTC, BCH Surge 20% Higher on Friday
30.6.2023
Litecoin surged by as much as 20% in today’s session, as bulls took the token to its highest level since April. The move came prior to the latest consumer sentiment report from the U.S, which rose to a reading of 64.4. Bitcoin cash climbed to its highest point since April 2022. Litecoin...