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BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert
13.2.2023
Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in circulation. In the past eight hours, nearly $290 million has been redeemed, bringing the number of BUSD in circulation to 15.87 billion. Stablecoin BUSD Sees...
Grayscale’s GBTC Discount Widens to Near-Record High
13.2.2023
Shares of the bitcoin trust are selling at a 47% discount to its net asset value. The discount has been increasing over the past week
Bitcoin, Ethereum Technical Analysis: ETH Hits 1-Month Low, Falling Under $1,500
13.2.2023
Ethereum started the week trading below $1,500, as it was reported that Paxos will no longer mint BUSD. This has led to a depegging of the stablecoin, and comes ahead of the upcoming U.S. inflation report, which is also adding to today’s volatility. Bitcoin edged lower on Feb. 13, as prices...
Building the Future of Open Web: NEAR House by Supermoon Hosts Top Builders at ETH Denver
13.2.2023
A unique builders experience, NEAR HOUSE by Supermoon Camp, is making its way to ETH Denver from Feb 26th to Mar 6th. Supermoon Camp has handpicked talented builders and founders from the Near ecosystem who will join for 8 days of the “Stay Together, Build Together” initiative during...
Ordinal NFTs Push Bitcoin Network Activity to Near 2-year High – What This Means for the BTC Price?
9.2.2023
The 14-Day Exponential Moving Average (EMA) of the number of transactions taking place on the Bitcoin network hit its highest level since April 2021 earlier this month, according to data from crypto analytics firm Glassnode. The 14-Day EMA of transactions recently surpassed 300,000, with analysts...
Today in Crypto: Aave Announces Launch of GHO Stablecoin on Ethereum’s Goerli Testnet, MakerDAO Establishes Phoenix Labs, LocalBitcoins Closing down
9.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Aave Announces Launch of GHO Stablecoin on Ethereum’s Goerli Testnet, MakerDAO Establishes Phoenix Labs...
Best Crypto to Buy Today 9 February – MEMAG, SAND, FGHT, NEAR, CCHG
9.2.2023
The cryptocurrency market is facing a dip so far Thursday, with many top coins experiencing losses as regulatory authorities increase their focus on the industry.
Bitcoin, the leading cryptocurrency, faced a dip and briefly reached a four-week low of $22,408 before recovering to prices around...
First Mover Asia: Bitcoin Hovers Near $23K; Why AI Tokens Are on a Months-Long Tear
9.2.2023
ALSO: Shaurya Malwa writes that institutional investment has made a compelling argument for AI-related protocols; LDO jumps after a tweet by Coinbase CEO Brian Armstrong
NYU to launch Web3 learning workshop in partnership with NEAR protocol
8.2.2023
The course is exposing students to the technology underlying the industry, the industry at large and hands-on experience working with Web3 tools
Today in Crypto: Lido V2 Upgrade to Bring Withdrawals and Staking Router, BANXA Holdings Integrates with MetaMask, Ramp Reveals Off-ramp Product, StarkWare to Partner with Chainlink Labs
7.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Lido V2 Upgrade to Bring Withdrawals and Staking Router, BANXA Holdings Integrates with MetaMask, Ramp...
Bitcoin, Ethereum Technical Analysis: BTC Rebounds, as Bulls Reject Breakout of Key Support Level
7.2.2023
Bitcoin was trading in the green on Feb. 7, as prices rebounded following a near collision with a key support point. Bulls have so far rejected this move towards $22,500 and instead pushed prices higher. Ethereum also rallied, with prices continuing to trade above $1,600. Bitcoin Bitcoin (BTC)...
Bitcoin Holds Steady Near $23K as Investors Weigh Their Next Steps
6.2.2023
Bitcoin and ether were recently trading sideways. Equities declined
Biggest Movers: SHIB Remains Near Recent Highs as Crypto Markets Fall on Monday
6.2.2023
Shiba inu has been relatively stable to start the week, as prices remained close to recent highs, despite Monday’s market sell-off. Cryptocurrencies were mostly lower in today’s session, as markets continued to react to historically low U.S. unemployment figures. Avalanche was down in today’s...
Bitcoin, Ethereum Technical Analysis: ETH Remains Near $1,700 to Start the Weekend
4.2.2023
Ethereum continued to trade close to a key resistance level of $1,700 on Saturday, following Friday’s U.S. non-farm payrolls (NFP) report. Yesterday’s report showed that 517,000 jobs were added to the U.S. economy in January, better than the 185,000 many were expecting. Bitcoin mostly...
Samsung Is Preparing Its Own Metaverse Hardware in Partnership With Google and Qualcomm
4.2.2023
Samsung, the Korean electronics company, has revealed it is working to build its own metaverse and extended reality devices, hinting at the possibility of the launch of a VR headset in the near future. TM Roh, head of Samsung mobile experiences business, stated that the device will be built...
Biggest Movers: SHIB, DOT Remain Near 3-Month Highs, Despite Crypto Markets Falling
3.2.2023
Shiba inu was one of Friday’s biggest gainers, as the meme coin remained close to a recent three month high. The token has been in the green for the majority of today’s session, despite the global cryptocurrency market cap falling 1.28% at the time of writing. Polkadot was also higher, as...
Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell
1.2.2023
The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-point increase. The FOMC statement further detailed that ongoing rate increases are anticipated...
Bitcoin, Ethereum Technical Analysis: BTC Nears $24,000 Following Weekend Rally
30.1.2023
Bitcoin started the week trading near a five-month high, as prices consolidated the weekend’s gains. Prices rose close to $24,000 on Sunday, following a breakout of a key resistance level. Ethereum fell back below $1,600 on Monday, after moving to a one-week high during yesterday’s...
Bitcoin Sees $116M in Inflows as Price Holds Near 6-Month Highs
30.1.2023
Bitcoin-tied investment funds saw $116 million in inflows last week as the flagship cryptocurrency has managed to hold gains and stay firm so far this year.
According to a Monday report by digital investment company CoinShares, digital asset investment products saw $117 million in inflows last...
Bitcoin stays out of fear for 11 straight days as price tips near 24K
30.1.2023
Bitcoin's huge price surge in January has meant that 64% of Bitcoin investors are in profit, according to data from IntoTheBlock