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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...
Seven Casino Unveils Next-Generation Digital Platform
19.8.2024
PRESS RELEASE. Seven Casino, the trailblazer in online gaming, is thrilled to announce the official launch of its groundbreaking digital platform, setting a new standard for the online casino industry. With its cutting-edge technology, unparalleled user experience, and an expansive selection...
Polychain leads $6.7M investment in new Bitcoin-centric yield network Corn
19.8.2024
Corn aims to unlock more of Bitcoin’s $1.1 trillion liquidity for DeFi applications
First Mover Americas: XRP Outperforms as Digital Assets Start Week in the Red
19.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
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...
Privacy Concerns Worry Germany About the Possible Implementation of a Digital Euro
19.8.2024
While the European Central Bank is studying the possible issuance of a Europe-wide CBDC, the digital euro, not all Europeans are fully behind this idea. Germany is particularly concerned about the privacy aspects of this implementation, as most transactions and payments are still made using cash...
Tron Founder Justin Sun Links Meme Coin Push to USDT Liquidity
19.8.2024
Justin Sun, founder of the Tron blockchain ecosystem, clarified the reasons behind his drive to bring meme coins to the Tron network. According to Sun, the Tron blockchain has the upper hand compared to other chains, being home to $60 billion USDT. “No other blockchain protocol’s...
Attention Bitcoin Traders, the Japanese Yen Is Strengthening Again
19.8.2024
A similar yen outperformance early this month, triggered carry unwind and rocked risk assets, including cryptocurrencies
A return to $50K? 5 Things to know in Bitcoin this week
19.8.2024
BTC price performance is getting Bitcoin traders ready for a retest of lower support levels in the short term
South Korean crypto exchange employees out-earn staff at major banks
19.8.2024
Dunamu’s consolidated sales in the first quarter of 2024 reached $400 million, showing a 60.5% increase.
TON Leads Crypto Majors as BTC, ETH Remain Flat
19.8.2024
GameFi heavy TON outperformed the CoinDesk 20 during the Monday trading day in Asia
Goldman Sachs lowers US recession risk to 20%, what it means for Bitcoin
19.8.2024
Goldman Sach’s economists said the Federal Reserve could also cut rates next month, and analysts say this could be welcomed by Bitcoin traders
Investigating Innovation on Berachain
19.8.2024
This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Ollie of Blocmates answers many questions about Berachain, including what it is, why...
75% of all Bitcoin has been hodled for over 6 months
19.8.2024
Despite Bitcoin dropping 21% from its all-time high, the majority of Bitcoin held in wallets hasn't been sold or moved for the last six months
New Hampshire Regulator Orders Cease and Desist Against Finstate Investment for Crypto Fraud
19.8.2024
The New Hampshire Bureau of Securities Regulation has issued a cease and desist order against Finstate Investment LLC, accusing it of defrauding investors via a fraudulent cryptocurrency investment website. Finstate allegedly misrepresented account activity and offered illegal guarantees against...
5 Million US Crypto Owners Urged to Push Kamala Harris to Fire SEC Chair Before Election
19.8.2024
Tyler Winklevoss, co-founder of crypto exchange Gemini, has called on the 50 million American cryptocurrency owners to unite and press Vice President Kamala Harris to fire U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler before the upcoming presidential election in November....
110,000 Ether Pours into Liquid Staking Platforms, Boosting Defi Holdings
19.8.2024
Based on the latest data, liquid staking platforms have experienced another uptick in deposited ether over the past week. Within this timeframe, 110,000 ether, valued at $292 million, has flowed into these decentralized finance (defi) protocols. Binance’s Big Move: 88% of 110,000 ETH Inflow...
Better Markets CEO Says SEC Has 90% Chance of Winning in Ripple Appeal — Criticizes Judge’s XRP Ruling
19.8.2024
Dennis Kelleher, CEO of Better Markets, says the U.S. Securities and Exchange Commission (SEC) has a 90% chance of winning an appeal in the Ripple lawsuit over XRP. He criticized the court ruling as flawed, arguing that the judge in the Ripple case misapplied the law. Better Markets CEO on...
Goldman Sachs Lowers US Recession Risk to 20%
19.8.2024
Goldman Sachs economists have lowered the likelihood of a U.S. recession within the next year from 25% to 20%, citing recent data on retail sales and jobless claims. If the upcoming August jobs report, scheduled for release on September 6, shows favorable results, the probability of a recession...
Latam Insights: El Salvador to Receive $1.61 Billion for Economic Overhaul Plan; Venezuelan Government Blocks Binance
18.8.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: El Salvador attracts $1.61 billion in investments for its economic overhaul plan, the Venezuelan government blocks Binance using a state-owned ISP, and...