Search
Nigerian SEC to issue crypto platform licenses as market size grows: Report
20.8.2024
In June, the SEC updated its regulations to better oversee cryptocurrency platforms and exchanges and improve monitoring of digital asset trading
First Mover Americas: Bitcoin Returns to $61K, Outperforms Broader Crypto Market
20.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Daily Crypto Update: Market Gains Control as Top Coins Rejoice
20.8.2024
After a brief slump period, the overall crypto market is finally showing some life. The market started the…
XRP Defies Market Slump: Stable at $0.51, Eyes $0.72 Resistance Amid Massive Market Adoption
20.8.2024
The BRICS alliance’s recent move to introduce a new payment system, potentially involving Ripple, has created a promising…
Circle’s Euro-Pegged Token EURC Surpasses €50 Million Market Cap
20.8.2024
EURC, a Euro-pegged stablecoin by Circle, the issuer of USDC, has reached a market cap of over €50 Million ($55.37 million). According to Patrick Hansen, Circle’s Senior Director, EU Strategy & Policy, the stablecoin has experienced significant growth, registering a 36% increase in...
3 reasons why Bitcoin won’t be ‘boring’ in September
20.8.2024
While Bitcoin failed to close above the $60K psychological level on the weekly chart, the long-term holders (LTHs) continue to adopt a bullish strategy in 2024
$24M CryptoPunk NFT sold quietly as market interest fades
20.8.2024
The actual sale amount was not disclosed, leading community members to speculate that the NFT was sold at a loss.
Tron Triumphs as Cardano Fades—ADA Drops From Crypto’s Top 10
19.8.2024
Based on recent market data, the cryptocurrency cardano (ADA) has fallen out of the top ten rankings, making way for tron (TRX) to take its place. ADA has struggled to hold its ground among the leading cryptocurrencies this year, and in the past 30 days alone, it has dropped 23% against the U.S....
Bitwise Expands European Presence Through Acquisition of ETC Group
19.8.2024
Bitwise Asset Management has taken a bold step into the European market by acquiring ETC Group, a London-based provider of cryptocurrency exchange-traded products (ETPs). This strategic move increases Bitwise’s assets under management to over $4.5 billion, adding nine European-listed crypto...
US Bitcoin ETFs on the Verge of Controlling 1 Million BTC
19.8.2024
According to the latest data collected on Aug. 16, 2024, the 12 spot bitcoin exchange-traded funds (ETFs) collectively hold around 910,153.83 BTC, which translates to over $53 billion at the current exchange rates. Leading the pack is Blackrock’s IBIT, holding the largest portion with 38.34%...
Binance dominates among Chinese crypto users, X provides guidance
19.8.2024
A survey of more than 2,000 Chinese speakers shows clear favorites and frequent appeals for supernatural assistance
Cardano (ADA) loses top 10 crypto spot as Tron sees growth
19.8.2024
ADA falls from the top 10 list of largest cryptocurrencies as competing blockchains see an uptick in users.
QCP Capital Analyzes Market Sentiment Ahead of Fed Chair’s Speech at Jackson Hole
19.8.2024
QCP Capital’s latest insights report offers a fascinating blend of optimism and caution as investors eagerly anticipate Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium. The firm observes a buoyant mood in equity markets, with U.S. stocks reaching record...
Bitwise enters European market with acquisition of ETC Group
19.8.2024
The acquisition adds nine European-listed crypto ETPs to Bitwise’s portfolio and raises its assets under management to over $4.5 billion
Crypto’s Weekly Winners and Losers: RARE Soars, MOG Slumps
19.8.2024
On Monday, the crypto economy held steady at $2.06 trillion, though it dipped by 2.26% in value over the last 24 hours. Bitcoin experienced a 2.5% drop this past week, while ETH saw a decline of more than 4% during the same period. Despite the downturn, some digital currencies managed to stand...
Bitcoin analysts converge on a breakout in September — But is $86K possible?
19.8.2024
Bitcoin could see a breakout to new all-time highs as soon as next month, but BTC must first tackle significant resistance around $59,500
Ethereum Technical Analysis: Indicators Signal Caution for Ether as Bears Maintain Control
19.8.2024
Ethereum’s price on August 19, 2024, stands at $2,582, with a 24-hour intraday range of $2,572 to $2,681. The cryptocurrency recorded a trading volume of $9.5 billion, contributing to a market capitalization of $310 billion. Despite these figures, ethereum’s technical indicators reveal...
Bitcoin Technical Analysis: BTC Faces Continued Downward Pressure
19.8.2024
As of August 19, 2024, bitcoin is trading at $58,061, with a 24-hour intraday range between $57,918 and $60,191. The crypto asset saw a trading volume of $20.7 billion and maintains a market capitalization of $1.14 trillion. Multiple timeframes reveal a sustained downtrend, with key resistance...
Nigeria’s SEC issues first license to local crypto exchange
19.8.2024
As the regulatory environment continues to evolve, other local exchanges will likely follow Quidax’s lead and seek to meet the SEC’s requirements
Bets on Harris Slide in Predictions Market After Her Price Controls Plan Sparks Controversy
18.8.2024
In a twist of political fortunes, Vice President Kamala Harris, who had been leading in the race against former President Donald Trump for the 2024 election, saw her odds dip significantly after rolling out her economic plans. Over the past 72 hours on Polymarket, her chances have taken a...