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Unlike Merge, Ethereum's Shanghai Upgrade Could Bring Ether Price Volatility
17.2.2023
The Merge turned out to be a non-event for the market, with ether's realized volatility dwindling in four weeks after the event. The impending Shanghai upgrade, however, might inject volatility into the market, one liquidity provider said
Report Reveals Limited Accounting Records, Commingled Funds at FTX Digital Markets in the Bahamas
17.2.2023
PWC, one of the ‘Big Four’ auditors and among the largest professional services networks globally, recently published a report on FTX Digital Markets, the bankrupt crypto exchange’s Bahamian subsidiary. The report indicates that the entity’s accounting records have been limited, and...
Crypto Theft Rose in 2022 as Scams, Ransomware Bounty Fell: Chainalysis
17.2.2023
2022 became a year of crypto thefts, but illicit transactions still account only for a meager share of all crypto activity, Chainalysis says
Mike Novogratz Says Bitcoin Could Return to $30,000 Next Month
17.2.2023
Galaxy Digital CEO Mike Novogratz says he wouldn’t be surprised if the price of bitcoin returns to $30,000 next month. “When I look at the price action, when I look at the excitement of the customers calling, the FOMO [fear of missing out] building up, it wouldn’t surprise...
First Mover Asia: Crypto Momentum Falters as Bitcoin Retreats to $23.6K
17.2.2023
ALSO: Sam Reynolds considers a rising trend of crypto startups postponing their token launches, part of the fallout from the collapse of crypto exchange FTX and its trading arm Alameda Research. Bitcoin rises early but tumbles later to $23.5K
Bitcoin price derivatives look a bit overheated, but data suggests bears are outnumbered
16.2.2023
Bullish BTC traders are using excessive leverage, but bears’ reluctance to fight back could extend the current Bitcoin price rally
USP Stablecoin Loses Dollar Peg as DeFi Protocol Platypus Suffers $8.5M Attack
16.2.2023
The flash loan attack caused Platypus Finance’s native stablecoin to fall to 48 cents from $1. The potential loss is $8.5 million, according to blockchain security firm CertiK
Bitcoin bulls aim to hold this week’s BTC gains leading into Friday’s $675M options expiry
16.2.2023
$675 million in BTC options are set to expire on Feb. 17, but bears could aim to take control by pushing Bitcoin price below $22,000
TrueFi’s TRU Token Rallies Over 200% After Binance’s TUSD Mint Sparks Speculation
16.2.2023
The rally appears to come from traders mistakenly connecting TRU with TUSD, a stablecoin that had been issued by TrueFi in the past but now no longer is
Biggest Movers: MATIC Hits 10-Month High as AVAX Extends Recent Gains
16.2.2023
Polygon rallied to a ten-month high on Thursday, as the token rose for a third straight session. Overall, cryptocurrency markets rebounded from recent losses, with the global market cap up 5.90% at the time of writing. Avalanche also surged, hitting a one-week high. Polygon (MATIC) Polygon (MATIC)...
Bitcoin Jumps Past $25K for First Time Since June 2022
16.2.2023
The largest cryptocurrency by market capitalization continued its momentum from Wednesday
FTX’s Bahamas Unit Commingled Client, Corporate Funds, Liquidators Say
16.2.2023
FTX Digital Markets Ltd. had bank accounts with a balance of $219 million, a report by PriceWaterhouseCoopers said
Only 31% of Staked Ether May be Profitable: Binance Research
16.2.2023
Around 2 million ETH was staked when prices were in the range of $400-$600. These stakes are are some of the strongest Ethereum believers, according to Binance Research
First Mover Americas: Bitcoin Soars to Highest Level Since August
16.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 16, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Crypto Startups Are Increasingly Postponing Token Launch as Alameda Research's Contagion Effects Linger On
16.2.2023
Data from CoinMarketCap shows a precipitous decline in applications for new token listings as liquidity dries up
Oman Capital Markets Regulator Plans to Establish a Virtual Assets Regulatory Framework
16.2.2023
The Oman Capital Market Authority (CMA) has said it plans to establish a regulatory regime to govern as well as develop the country’s virtual assets market. The regulator said the envisaged regulatory regime enables it to avail an “alternative financing and investment platform...
Market Demand Pushes Trading Volumes on DEX Level Finance to Over $1B
16.2.2023
The decentralized exchange was launched just over two months ago and earned lifetime fees of $1.2 million
Accused Mango Markets Exploiter Wants to Keep $47M in Disputed Funds: Court Filings
16.2.2023
Avraham Eisenberg claims that he need not return any more than the $67 million of the $114 million worth of tokens he gained using a complicated trading system
Co-Founder of Privacy-Focused Gnosis Chain Proposes Plan to Reduce Ethereum Dependency for GNO Token
16.2.2023
Gnosis co-founder Martin Köppelmann flagged potential security issues in a proposal discussion on Gnosis’ governance forums
Bitcoin Primed to Rally to $56K as Nasdaq Breaks Out of Bull Flag, Chart Analyst Says
16.2.2023
Analyst, who correctly predicted the late 2020 bull run, said 2023 could be a surprisingly good year for both crypto and equities