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CFTC Commissioner: Crypto Market Needs Clear Guidelines on Its Regulator
18.8.2022
Commissioner Kristin N. Johnson joined CoinDesk TV’s “First Mover,” to discuss the future of cryptocurrency regulation in the U.S
Biggest Movers: FLOW Rebounds Following 7-Day Losing Streak
18.8.2022
FLOW was trading higher on Thursday, as the token rallied upward following seven straight days of declines. The surge comes despite the global crypto market capitalization trading 1.14% lower as of writing. Shiba inu fell by nearly 10% in today’s session. FLOW FLOW was one...
Bitcoin, Ethereum Technical Analysis: ETH Below $1,900 as Ethereum Foundation Comments on Gas Fees
18.8.2022
Ethereum was once again trading below $1,900 during Thursday’s session, as the Ethereum Foundation clarified speculation surrounding The Merge. It was recently rumored that the move will reduce gas fees, however these claims were somewhat dismissed. Bitcoin was also lower, as it continued...
Electricity Consumption of Russian Crypto Miners Spikes 20 Times in 5 Years, Research Finds
18.8.2022
Power needs of cryptocurrency miners in Russia have grown significantly since 2017, with consumption of electrical energy seeing a 20-fold increase over the five-year period. In 2021, the minting of the coin with the largest market cap, bitcoin, required 1.25 gigawatts in the country. Experts...
Bitcoin and Ethereum Grind Lower, CEL Rallies 15%
18.8.2022
Bitcoin price started a fresh decline below the USD 24,000 support zone. BTC even traded below the USD 23,500 support zone. It is currently (04:00 UTC) down 2% and struggling to stay above the USD 23,200 support zone.
Similarly, most major altcoins are showing several bearish signs. ETH declined...
First Mover Asia: Celsius Token Price Rise Pegged to Market Dynamics Rather Than Fundamentals; BTC Retreats Again
18.8.2022
The price of the troubled crypto lending platform's CEL has been rising, to observers' puzzlement
Market Wrap: Bitcoin, Ether Prices Slide for Fourth Consecutive Day
17.8.2022
BTC prices continued to trade down but within a narrow trading range. Bitcoin (BTC) fell 2% on Tuesday, its fourth consecutive daily decline.The largest cryptocurrency by market capitalization has dropped 6% since crossing $25,000 briefly on Aug. 14.Ether’s (ETH) price also tumbled for a fourth...
Bitcoin and Ethereum At Risk of More Downsides
17.8.2022
Bitcoin price settled below the USD 24,000 support zone. BTC traded below the USD 23,500 level before it started a consolidation phase. It is currently (11:20 UTC) showing a few bearish signs, but a break above USD 24,000 might spark a decent increase.
Similarly, most major altcoins are trading...
PIXXSTASY Is Changing the NFT Market
17.8.2022
PRESS RELEASE. PIXXSTASY, a charity project for drug prevention and rehabilitation, is redefining the NFT market. The organization will sell 399 limited edition NFTs this year and use the proceeds to support charities involved in anti-drug campaigns and drug recovery programs around the world....
Biggest Movers: EOS up Nearly 20%, Token Hits 3-Month High
17.8.2022
Eos rose by as much as 20% on Wednesday, as bulls continued to react to the news of its upcoming Yield+ incentive program. Today’s price surge comes despite the global cryptocurrency market cap falling by almost 2% as of writing. Tezos was also higher, hitting a two-month high on hump day....
First Mover Americas: Bitcoin Lower as U.S. Futures Slide; Ether Continues to Steal Crypto Market Share
17.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 17, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Blockchain Protocol Antelope Takes ‘Leap of Freedom’ as it Forks Of EOSIO; EOS Jumps
17.8.2022
The blockchain protocol Antelope has taken what it describes as a “leap of freedom” and forked its protocol off development firm Block.one’s EOSIO platform and instead embraced the rival EOS Network Foundation....
Read More: Blockchain Protocol Antelope Takes ‘Leap of Freedom’ as it Forks Of EOSIO;...
Bitcoin, Ethereum Technical Analysis: BTC Remains Below $24,000 After Falling for Fourth Consecutive Session
17.8.2022
Bitcoin continued to trade below $24,000 today, as the token fell for a fourth consecutive session. Following last week’s bullish run, upwards momentum in crypto has eased, leading to a return of bearish sentiment. Ethereum was also lower, as it dropped below its resistance of $1,885....
Bitcoin and Ethereum Could Break Lower As Bulls Struggle
17.8.2022
Bitcoin price struggled to stay above the USD 24,000 level. BTC is currently (11:20 UTC) moving lower and approaching the USD 23,500 support. A clear move below USD 23,500 might spark a sharp decline.
Besides, most major altcoins are slowly moving lower. ETH is approaching the USD 1,850 support...
Former JPMorgan, Barclays execs on why crypto jobs attractive even in bear market
17.8.2022
Former traditional finance veterans are debuting a crypto career at the crypto ETF issuer 21Shares despite the bear market
Bitcoin and Ethereum Continue To Struggle, EOS Surges
17.8.2022
Bitcoin price struggled to clear the USD 24,500 resistance zone. BTC slowly moved below the USD 24,200 and USD 24,000 levels. It is currently (04:00 UTC) struggling and might continue to move down towards the USD 23,500 level.
Besides, most major altcoins are struggling to clear key hurdles....
Crypto scams fall 65% after gullible noobs exit the market: Chainalysis
17.8.2022
Less gullible retail investors and falling asset prices have made scamming a less enticing endeavor, but the tsunami of new DeFi applications has hackers licking their lips
‘Big Short’ Investor Michael Burry Dumps All Stocks but One After Predicting Market Crash
17.8.2022
Hedge fund manager Michael Burry’s Scion Asset Management dumped all but one of its stock holdings in the second quarter, according to the firm’s filing with the U.S. Securities and Exchange Commission (SEC). Burry, famed for forecasting the 2008 financial crisis, has predicted...
Market Wrap: Bitcoin's Price Retraces Again, Breaks Below Trendline
16.8.2022
Bitcoin declines for third consecutive day, on below average volume. Bitcoin (BTC) declined 1% on Tuesday, marking the second consecutive day of declines for the largest cryptocurrency by market capitalization. Ether’s (ETH) price fell 1.1%, reversing gains made overnight. The second-largest...
Embattled Crypto Lender Hodlnaut Seeks Judicial Management in Order to Rehabilitate the Company
16.8.2022
Eight days ago, the crypto lender Hodlnaut announced that the platform was suspending withdrawals after citing volatile market conditions. This week the company says it is seeking judicial management that aims to “provide the best chance of recovery.” Hodlnaut Updates Customers...