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Euro’s Reserve Currency Status Threatened as Its Share of Foreign Reserves Holdings Drops
13.6.2024
A report from the European Central Bank indicated that the euro’s share of foreign exchange reserves declined by one percentage point to 20% in 2023. According to the report, the continued diversification of global reserve portfolios into nontraditional currencies threatens to further erode...
BlockDAG secures lead on CoinSniper, coin value rockets 1120%; NEAR Protocol drops as Litecoin halving shifts market dynamics
12.6.2024
While the NEAR protocol price sees a modest rise to $7.57 amidst a general market dip, the Litecoin halving event significantly alters LTC’s market, impacting both supply and miner rewards. Amidst these shifts, BlockDAG distinguishes itself, grabbing the premier spot on CoinSniper following...
Bitcoin market in flux: Institutional investors, price drops, and miner capitulation
12.6.2024
Bitcoin has recently witnessed a whirlwind within the finance world, with a relatively stable price ranging from a support level of $66,177.99 to a resistance level of $67,597.89 at 9.08 AM (GMT). However, not all have been merry in the crypto market for BTC. With gyrating exchange rates, corporate...
Elon Musk drops lawsuit against OpenAI CEO Sam Altman
12.6.2024
Musk’s decision came one day before a federal judge was set to decide whether to dismiss the case or allow it to proceed to the next stage
Bitcoin dips as ETFs break 19-day green streak, rumble over US inflation
11.6.2024
Traders are seemingly going risk-off ahead of a U.S. CPI print and a Fed monetary policy meeting, with Bitcoin falling to a weekly low
Australia’s peak crypto lobby group drops ‘blockchain’ from name
11.6.2024
Blockchain Australia is now the Digital Economic Council of Australia (DECA) with a membership category for banks, most of which have blocked crypto exchanges
Crypto Biz: ARK drops bid for spot Ether ETF, miners adapt after halving, and more
7.6.2024
This week’s Crypto Biz explores ARK Invest’s partnership with 21Shares, Galaxy Digital’s tokenized loan for Animoca Brands, Avail’s fundraising, the Toposware acquisition, and Bitcoin miners’ first reports since the halving
Digital Yuan App Drops ‘Pilot’ Description, Hints at Change to Production Ready Status
4.6.2024
The digital yuan app, which services users of the Chinese CBDC, has dropped the ‘pilot’ label from its name without any announcement, prompting speculation about an upcoming move to production stages. While local Chinese news outlets explained that this change had to do with app requirements, some...
First Mover Americas: Bitcoin Drops From $70K as Bullish Signal Strengthens
4.6.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for June 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Mining Power Wanes — Network Hashrate Drops Below 600 EH/s
3.6.2024
Bitcoin’s hashrate has once again dipped below the 600 exahash per second (EH/s) threshold, following a brief increase in computational power on May 26. Since then, the seven-day simple moving average (SMA) shows that the network has decreased by at least 74 EH/s over the past week. Bitcoin...
Matter Labs drops ZK trademark applications after industry backlash
3.6.2024
It follows a public letter from ZK researchers and top industry experts slamming the firm for “oppressive behavior.”
Bitcoin Price Prediction: BTC Drops to $67,000 – Sell-Off Continues or Buy Opportunity?
29.5.2024
With Bitcoin dropping to $67,000, traders are split—will BTC bounce back or is the sell-off set to continue?
The post Bitcoin Price Prediction: BTC Drops to $67,000 – Sell-Off Continues or Buy Opportunity? appeared first on Cryptonews
Bitcoin Price Prediction: BTC Drops to $68,000, Market Cap Hits $1.3 Trillion Amidst Bearish Trend; What’s Next?
24.5.2024
Bitcoin's price plummets to $68,000, triggering concerns amidst a $1.3 trillion market cap. Discover key resistance levels and potential price trends.
The post Bitcoin Price Prediction: BTC Drops to $68,000, Market Cap Hits $1.3 Trillion Amidst Bearish Trend; What’s Next? appeared first...
VanEck drops new Ethereum ETF ad within an hour of SEC approval
24.5.2024
VanEck launched a new ad centered around Ethereum, just 30 minutes after the SEC greenlit 19b-4 proposals for spot Ether ETFs
Bitcoin Drops Below $68K, Ether Slumps in Sudden Crypto Sell-Off as ETH ETF Decision Looms
23.5.2024
The sell-off was broad-based, with DOGE, SHIB, AVAX, LINK diving more than 4% in less than an hour
Bonk Price Prediction as Millionaire Trader TheCryptoDog Says BONK is About to Rally – Time to Buy?
22.5.2024
The Bonk price has risen by almost 1% today, reaching $0.00003187 as the wider crypto market drops by 0.5% in the past 24 hours.
The post Bonk Price Prediction as Millionaire Trader TheCryptoDog Says BONK is About to Rally – Time to Buy? appeared first on Cryptonews
South Korea’s Crypto Premium Drops Below 1% as Bitcoin and Ethereum Prices Align Globally
22.5.2024
South Korea’s infamous crypto premium has diminished significantly, with bitcoin and ethereum prices now aligning closely with the weighted global averages, albeit with a minor premium. The BTC premium stands at 0.84%, while ETH’s premium is in a similar range. South Korea’s...
Bitcoin Price Prediction 22 May: BTC Dips Below $70,000 – Here’s the Next Level to Watch
22.5.2024
As Bitcoin drops below $70,000, discover the critical resistance and support levels that could determine its next big move.
The post Bitcoin Price Prediction 22 May: BTC Dips Below $70,000 – Here’s the Next Level to Watch appeared first on Cryptonews
Fidelity Drops Staking Plans in Updated Ether ETF Filing
21.5.2024
Annualized yields on ether staking are nearly 3% as of Tuesday, data from popular staking service Lido shows
GALA token drops 15% after $200 million security breach at Gala Games
21.5.2024
In a significant blow to the blockchain gaming sector, Gala Games has reportedly lost over $200 million in a potential exploit, resulting in a sharp 15% decline in the value of its native token, GALA. Gala Games’ security team disclosed the incident in the early hours of May 20 after detecting...