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CoinDesk 20 Performance Update: Index Gains 1.2% With BCH and ETC Leading
2.8.2024
The CoinDesk 20 gains 1.2% overnight with BCH up 3.0% and ETC up 2.5%
July NFT Sales Plummet for Second Consecutive Month
2.8.2024
In July, the non-fungible token (NFT) market experienced a 36.6% drop in sales compared to June. Over the month, NFT sales reached $429.46 million, while the number of NFT buyers fell by 46.24% from the previous month. NFT Market Sees Continued Decline in July With Fewer Buyers and Sellers July...
U.S. Added Just 114K Jobs in July, Unemployment Rate Shoots Up to 4.3%
2.8.2024
First Mover Americas: BTC Warnings Finger Drop to $55K
2.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Kujira Foundation's Tokens Stung by Its Own Leveraged Positions as Bets Backfire
2.8.2024
The developers said the team’s positions were “targeted” and they plan to create an operational DAO to take ownership of the Kujira Treasury and core protocols
Risks Are Skewed to a Weaker Nonfarm Payrolls Print, ING Says
2.8.2024
A weak report will likely bolster Fed rate-cut expectations and potentially support risk assets, including bitcoin
ARK Invest Sold $14.8M of Coinbase Shares Thursday Ahead of the Exchange's Earnings Report
2.8.2024
Coinbase revenue beat Wall Street analysts' expectations, while profit came in lower than the consensus
Bitcoin Risk-Reward Remains Compelling Even After Price Doubles in a Year
2.8.2024
Long-term holders are motivated to hold at bitcoin's going market rate, implying an attractive risk-reward for existing or potential investors, according to the "reserve risk" indicator
Bitcoin Traders Eye $55K Amid U.S. Stocks Sell-off, XRP Leads Losses in Major Cryptos
2.8.2024
Traditional markets from the U.S. to Japan saw declines across major indexes and stocks, with the tremors seeping into the cryptocurrency market
Finder Experts Predict Ether Hitting $23,549 by 2030 — Majority Say Time to Buy ETH
2.8.2024
A survey of 32 cryptocurrency experts on the Finder panel predicts significant growth for ether prices, with average forecasts of $5,368 by the end of 2024, $7,359 by the end of 2025, and $23,549 by 2030. These projections highlight the anticipated impact of institutional factors such as ethereum...
Bitwise CIO Predicts Major Bitcoin Upside — Says ‘We’re Not Bullish Enough’
2.8.2024
Bitwise’s chief investment officer has expressed that the industry is not bullish enough about bitcoin, given the current market dynamics. He pointed to increasing political support, including Donald Trump’s proposal for a national bitcoin stockpile and various legislative...
Bitcoin price crumbles to $62K support, but derivatives metrics show bullish signs
1.8.2024
Bitcoin’s price continues to correct, but BTC options markets reflect traders’ interest in the $62,000 level
Bitcoin price crumbles to $62K support, but derivatives metrics show bullish signs
1.8.2024
Bitcoin’s price continues to correct, but BTC options markets reflect traders’ interest in the $62,000 level
Galaxy Digital stock pullback a buying opportunity — Analyst
1.8.2024
Shares are a bargain after second-quarter earnings sent the stock down roughly 16%, says Benchmark analyst Mark Palmer
DeFi Protocol Convergence Hacked, CVG Token Plunges 99% on Curve
1.8.2024
Fed’s Dovish Stance Doesn’t Lift Crypto; Markets Wary of ETH ETF Outflows
1.8.2024
Recent Federal Reserve decisions to keep interest rates unchanged had a negative impact on overall crypto market conditions. The report showed potential rate changes from September. Short-Term Pressures vs. Long-Term Potential According to a recent report by QCP Broadcast, the Federal Open Market...
UAE Bank Launches VASP-Focused Accounts for Managing User Funds
1.8.2024
Commercial Bank of Dubai (CBD), a United Arab Emirates-based bank, has launched dedicated accounts for virtual asset service providers to manage client funds. CEO Bernd van Linder said the move aligns with CBD’s core banking services and supports the bank’s plans to foster the digital economy. VASP...
Bitcoin Plunges More Than 10% Since Hitting $70K 72 Hours Ago
1.8.2024
The bullish news continued on Thursday morning, but sellers remained in control of the market
CoinDesk 20 Performance Update: ICP and RNDR Lead Losses as Index Slips 2.2%
1.8.2024
ICP dropped by 5.3% and RNDR fell by 4.1% in overnight trading
Crypto VC Paradigm Invests in MetaDAO as Prediction Markets Boom
1.8.2024
MetaDAO, a Solana experiment in governance by "futarchy," raised a total of $2.2 million to fund operations