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Bitcoin, Ethereum Technical Analysis: Ethereum Back Above $1,300 to Start the Week
24.10.2022
Ethereum remained close to a three week high on Monday, as prices rallied following a turbulent weekend. Bullish sentiment appears to have somewhat returned to crypto markets to start the week, with the market cap trading 1.56% high as of writing. Bitcoin was also in the green in today’s...
First Mover Americas: Bitcoin Holding Up at $19.5K Despite Bearish Conditions
18.10.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 18, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Binance to Offer $500 Million Worth of Loans to Crypto Mining Industry
16.10.2022
Cryptocurrency exchange Binance has set out to support crypto miners through a lending program established by its mining pool. Presenting the initiative this week, the coin trading platform also unveiled that Binance Pool intends to launch cloud mining products. Leading Exchange Binance Looking...
Norway Prepares to Reverse Electricity Tax Cut for Cryptocurrency Miners
8.10.2022
The Norwegian government is reviewing a proposal to abolish the policy of preferential tax treatment for data centers mining cryptocurrency with cheaper electricity. The executive power in Oslo says conditions have changed and the country needs the energy currently used by miners. Mining Firms...
CoinLoan Sees Robust Growth in the First Six Months of 2022 Despite Tough Market Conditions
27.9.2022
CoinLoan, one of the pioneers that started providing crypto loans, has published its performance report for the first six months of 2022. The tough market conditions had little impact on the business, as the report revealed robust growth throughout the reporting period. Compared to Q1 and Q2...
Fintech Startup TrueLayer Trimming 10% of Staff, Citing Challenging Market Conditions
16.9.2022
London-based fintech open banking startup TrueLayer has announced that it will lay of 10% of its workforce due to "challenging market conditions."
Ethiopian Central Bank Restricts Amount of Cash Travelers Can Hold, Sets Foreign Currency Conditions
13.9.2022
According to the National Bank of Ethiopia’s directive, which became effective on September 5, persons entering and departing the country in possession of local currency are now subject to new restrictions. Individuals may not hold local currency whose value exceeds $57.00 or 3,000 birr....
Russia Can’t Do Without Cross-Border Crypto Payments, Consensus Reached
7.9.2022
Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining support in the past few months since Moscow’s decision to invade Ukraine was met with wave after wave of Western sanctions. Financial Authorities...
Phemex Mobile App: A One-Stop Shop for All Your Crypto Trading Needs
23.8.2022
As a crypto trader, you have to be on your toes. From checking market conditions to tracking your portfolio, there are many things to keep track of. Whether a newbie or a pro, it’s essential to pick a reliable and user-friendly platform to help you make informed decisions from the get-go...
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...
First Mover Asia: Bitcoin and Ether Fall; Angry That Hodlnaut Has Frozen Your Funds? Too Bad, It’s in the Terms and Conditions
16.8.2022
Crypto Lender Hodlnaut Pauses Withdrawals — Company Cites Market Conditions, Despite Recent Crypto Rally
8.8.2022
On August 8, the crypto exchange and lending platform Hodlnaut announced that the company has paused withdrawals, token swaps, and deposits. Hodlnaut joins a slew of crypto firms that have frozen withdrawals during the last three months, leaving customers little hope that they will see their funds...
Crypto Lender Hodlnaut Freezes Withdrawals, Citing Market Conditions
8.8.2022
The crypto lender has also withdrawn its application to be regulated in Singapore
Report: Blockchain.com Cuts Staff by 25%, Executive Salaries Reduced
21.7.2022
According to a recent report, Blockchain.com has laid off a quarter of the company’s staff and it has closed the crypto company’s Argentina-based offices as well. The layoffs follow the report that noted Blockchain.com lost $270 million due to exposure to Three Arrows Capital (3AC)....
Crypto Exchange Zipmex Halts Withdrawals Citing Market Conditions, Financial Difficulties of Business Partners
20.7.2022
Cryptocurrency exchange Zipmex has halted withdrawals due to “volatile market conditions, and the resulting financial difficulties of our key business partners.” The exchange operates in Singapore, Australia, Indonesia, and Thailand. Zipmex Pauses Withdrawals Crypto exchange Zipmex...
Blockchain-based games see an uptick in users despite bear market conditions
12.7.2022
Data shows blockchain-based gaming protocols registered a steady uptick in daily active users and transactions despite the current bear market conditions
Crypto Falls Ahead of US Inflation Figure as Bitcoin On-Chain Metrics Signal ‘Oversold Conditions’
12.7.2022
The crypto market fell on Tuesday ahead of a US inflation report for June that is feared to show that consumer prices have continued to rise at a faster pace despite interest rate hikes. Meanwhile, more on-chain signs are now indicating that a bottom for bitcoin (BTC) could be about...
BitMEX Delays BMEX Listing Citing 'Market Conditions'
12.7.2022
The exchange said trading will be rescheduled after market conditions improve
DappRadar’s Q2 Industry Report Shows NFTs and Web3 Games Still Enduring Extreme Market Conditions
7.7.2022
DappRadar, the world’s dapp store that brings high-quality, accurate insights on decentralized applications, has published its Q2 Dapp Industry Report, which shows how NFTs and GameFi are a silver lining for the future of dapps amid the doom and gloom of emerging crypto winter. The report...
Self-custody is key during extreme market conditions: Here's what experts say
1.7.2022
Self-custody is what crypto was built for, while bear markets are nothing new to Bitcoin and other cryptocurrencies, industry executives say