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Social Media Bots Played Crucial Role in Inflating Value of FTX-Listed Crypto Assets, Report Finds

4.8.2023
New analysis from the Network Contagion Research Institute (NCRI) reveals that bots on the social media platform X (formerly Twitter) likely played a major role in amplifying the value of cryptocurrencies tied to the now-defunct FTX exchange and its sister firm Alameda Research. Social Media Bots...

Bitcoin Drifts Near $29.2K, Unstirred by Macro Events; ADA, SOL, MATIC Steady in the Red

4.8.2023
The largest cryptocurrency by market cap is likely to remain stubbornly rangebound a little above $29,000, market analysts believe

Optimism transactions surpass Arbitrum, but what’s behind the uptick in users?

3.8.2023
Transactions on Optimism recently eclipsed the Arbitrum network, but do the project’s fundamentals support a sustainable growth trajectory?

Traders Ditch USDT on Curve, Uniswap, Pushing Key Exchange Pools Into Imbalance

3.8.2023
Similar imbalances happened when Terra imploded in May 2022 and after the Silicon Valley Bank crisis hit USDC issuer Circle in March

Could a Bitcoin bull run be triggered by Fitch’s US credit rating downgrade?

3.8.2023
Fitch downgraded the US credit rating due to its government debt and potential challenges in handling its fiscal responsibilities. Will Bitcoin price benefit from this decision?

South Korean Exchange Upbit Surpasses Coinbase, OKX in July Trading Volume to Take No. 2 Spot for First Time

3.8.2023
The exchange bucked the general market trend that saw a decline in trading volume for most centralized exchanges

Binance Boosts First Digital's Stablecoin With Zero Fees to Buy and Sell Bitcoin, Ether

3.8.2023
The crypto exchange listed the Hong Kong-regulated First Digital's FDUSD stablecoin last week

Today in Crypto: Nifty's Shuts Down, eToro's Australian Entity Sued by Markets Regulator, Tel Aviv Stock Exchange Signs 'Ground-breaking' Deal with Fireblocks, Aventus Partners with Vodafone

3.8.2023
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: Nifty's Shuts Down, eToro's Australian Entity Sued by Markets Regulator, Tel Aviv Stock Exchange Signs...

Ether Liquid Staking Protocols Could Double in 2 Years: HashKey

3.8.2023
The amount of staked ether could reach between 31%-45% of the total supply by the end of Q2 2025

First Mover Americas: Justice Department May Charge Binance With Fraud: Report

3.8.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

Crypto Traders Might Want to Track Ether 'Slippage' Indicator. Here's Why

3.8.2023
Hyblock's slippage indicator has consistently marked short-term trend changes in the second-largest cryptocurrency this year

First Mover Asia: Bitcoin Turns Range-Bound Again Amid an Absence of Fresh Capital; Altcoins Dip Further Into Red

3.8.2023
PLUS: A spot bitcoin ETF may be in the offing, and crypto prices are unpredictable, but MicroStrategy "still fills a need in the marketplace," the president of crypto asset fund ProChain Capital told CoinDesk TV

Bitcoin Seesaws Back Over $29.2K, as Investors Brush Off Binance Angst; BCH, UNI, LTC Sink

3.8.2023
BTC returned to its rangebound ways a day after it rose suddenly and then subsequently dropped as dramatically

HEX Plummets Over 40% After SEC Files Lawsuit Against Creator Richard Heart

2.8.2023
After the U.S. Securities and Exchange Commission filed a lawsuit against Richard Heart and his companies Hex, Pulsechain and Pulsex, the crypto asset hex (HEX) has been in a free fall. Two-week statistics show HEX has lost 41.7% against the U.S. dollar and 35.8% over the past seven days. Uniswap...