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Nalezeno "Week": 5418

Biggest Movers: XLM 7% Higher, TON Nears $2.00 Threshold

4.9.2023
Stellar surged by as much as 7% on Monday, despite sentiment in crypto markets being mostly bearish to start the week. The token rallied for a second straight session, after a recent collision with a key price floor. Toncoin also rose, hitting a fresh multi-month high. Stellar (XLM) XLM was one...

Bitcoin, Ethereum Technical Analysis: BTC Consolidates, ETH Avoids Falling Below $1,600 on Labor Day

4.9.2023
Sentiment in bitcoin remained bearish to start the week, as the cryptocurrency remained below $26,000 on Monday. Market volume was relatively low in today’s session, as a result of the U.S. Labor Day celebration. Ethereum was slightly higher, as the price managed to remain above $1,600....

Latam Insights: Worldcoin Breaks Records in Argentina, Circle Brings USDC to Chile

4.9.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Worldcoin reaches record verifications in Argentina, Circle partners with Mercado Pago to bring USDC to Chile, and Binance launches a Latam-focused remittance...

Weekly close risks BTC price 'double top' — 5 things to know in Bitcoin this week

4.9.2023
Bitcoin reckons with $26,000 with BTC price action at a crucial decision point heading into the first week of September

Artbitrum founder says Stylus is a game changer for EVMs

4.9.2023
The Arbitrum-building Offchain Labs co-founder Ed Felten said its new tool would allow more seasoned devs to build EVMs, possibly making them safer

BUSD Falls to Fifth Among Stablecoin Leaders; TUSD and FDUSD Supplies Surge in a 3-Day Span

3.9.2023
The stablecoin landscape witnessed a shifting dynamic this week, with the once fourth-largest stablecoin, binance usd (BUSD), relinquishing its position. This change arises from the crypto asset’s supply dwindling below the 3 billion mark, while in a surprising twist, the stablecoin trueusd...

Fact or Fiction? Theories Littered Across Social Media About Blackrock’s Alleged Bitcoin Buying Spree

3.9.2023
This past week, the U.S. Securities and Exchange Commission (SEC) delayed seven spot bitcoin exchange-traded funds (ETFs), including Blackrock’s proposed Ishares Bitcoin Trust. Alongside this news, Into The Block metrics indicate that from August 13 to the 31st, large BTC holders dubbed...

Tornado Cash Founders Accused, Court Rules in Favor of Grayscale Against SEC, and More — Bitcoin.com News Week in Review

3.9.2023
The U.S. government has charged the founders of crypto mixing and privacy tool Tornado Cash with money laundering, calling them “criminals.” In other news, the U.S. Court of Appeals for the District of Columbia has ruled in favor of crypto asset manager Grayscale against the United...

Defi Sector Navigates an Extended Crypto Winter: TVL Dips to February 2021 Levels

2.9.2023
The realm of decentralized finance (defi) is grappling with the aftermath of the sweeping crypto market slump that marked the close of August. As it stands, the total value locked (TVL) in defi, pegged at $37.59 billion, has plummeted to a low last witnessed in the second week of February 2021....

NFT Sales Slide for Third Consecutive Week Amid Crypto Downturn

2.9.2023
Sales of non-fungible tokens (NFTs) have taken another hit, declining over 10% from the previous week, with transactions totaling $85,046,840 since Saturday, August 26, 2023. This marks the third consecutive week of falling NFT sales, reflecting the broader crypto economy’s downturn and...

Bitcoin, Ethereum Technical Analysis: BTC Starts Weekend Trading Close to $25,000

2.9.2023
Bitcoin started the weekend trading below the $26,000 level, as bears seized market momentum to end the week. Price surged during the early part of the week, climbing over the $28,000 mark. However in the days that followed, sentiment has mostly trended lower. Ethereum remains in the red. Bitcoin...

Cambridge Revises Bitcoin Mining Index, Lowers BTC’s Estimated Power Use

1.9.2023
Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency’s energy use after finding its previous model greatly overstated power consumption. Cambridge Centre Revises Bitcoin Energy Estimates...

Bitcoin lines up RSI showdown as BTC price slips toward new 2-week low

1.9.2023
Bitcoin erases all trace of "Grayscale hype" with September offering a trip below $26,000 and limited chance of upside, BTC price analysis warns

Biggest Movers: DOGE Remains Near 2-Week High, SOL Nears Move Below $20

31.8.2023
Dogecoin stayed close to a two-week high on Thursday, as markets rebounded from a slight sell-off during yesterday’s session. Traders moved to secure profits over the last 24 hours, following strong gains on Tuesday. Solana neared a drop below $20. Dogecoin (DOGE) Dogecoin (DOGE) remained close...

Ramping up Blockchain Education Can Help Make South Korea the World’s Crypto Leader, Says Hashed CPO Edward Hong

31.8.2023
According to Edward Hong, the chief platform officer (CPO) at the early-stage venture firm Hashed, South Korea’s decision to delay putting in place a comprehensive crypto regulatory framework seems to be more of a strategic move rather than hesitation. Hong insisted that the perceived delay...

Prosecutors Challenge FTX Founder’s Legal Advice Defense Ahead of Fraud Trial

30.8.2023
Sam Bankman-Fried’s legal team claimed last week that the FTX founder received assurances from lawyers his actions were lawful. However, federal prosecutors are now contesting the validity of Bankman-Fried’s defense strategy ahead of trial. Bankman-Fried’s Legal Defense...

Paldean Pokémon Are Coming To Pokémon Go Next Week

30.8.2023
Pokémon Go is notoriously behind the rest of the Pokémon universe, especially when it comes to the pocket monsters that inhabit its world. But finally, almost a year after the Switch’s Pokémon Scarlet and Violet were released, the mobile game is to see its first smattering of Paldean beasties.Read...