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5 cryptocurrencies with the best upside potential in the week ahead
7.5.2023
Bitcoin and Ethereum's ETH are finding buyers at lower levels, which may be a bullish sign for XMR, OKB and RPL
The Ethereum Foundation just sold $30M in Ether — But will ETH price fall this time?
7.5.2023
Ethereum Foundation's previous big sale of ETH preceded a bear market, but there's little evidence that such sales affect the general market trend
First Mover Asia: CBDCs Are the Hottest Issue in Florida Politics; Bitcoin Falls Slightly
5.5.2023
Bitcoin Holds Near $29K as Investors Weigh Rate Increases, Banking Contagion
4.5.2023
BTC traded flat after a slight dip early Thursday. Ether also traded in a narrow range
Liquid Staking Platform Lido Surpasses 6M Ether Deposits as Shanghai Upgrade Spurs Inflows
4.5.2023
Ethereum’s Shanghai upgrade spurred deposit inflows to liquid staking protocols, including to the largest player Lido
First Mover Asia: Bitcoin Recovers From Fed Dip
4.5.2023
PLUS: The Madlads hype appears to be over, although it hasn't dragged down the price of Solana. Cryptos return to positive territory
Bitcoin Falls Slightly After Fed Rate Hike
3.5.2023
BTC was down about 1% after the U.S. central bank boosted the Federal Funds rate by 25 basis points. Fed Chair Jerome Powell noted that the central bank had omitted language signaling rate hikes at upcoming meetings
CoinDesk Validator ‘Zelda’ Successfully Exits Ethereum as Withdrawal Queue Shrinks to 9 Days
3.5.2023
It took about 12 days for Zelda to fully exit the Ethereum blockchain. For any new staking withdrawal requests, the wait to get out has shrunk to nine days from 17 days
Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says
3.5.2023
The U.S. dollar has been heavily shorted since early October in hopes for a so-called dovish Fed pivot and looks ripe for a short squeeze, a move higher driven by unwinding of bearish positions. Bitcoin tends to move in the opposite direction of the dollar
First Mover Asia: Bitcoin’s Kimchi Premium Has Narrowed, but the Korean Market Is Proving Resilient
3.5.2023
ALSO: A crypto markets analyst suggests that the U.S. central bank may not be finished with interest rate hikes, even if it raises the rate on Wednesday as expected
Binance, Coinbase Endure $700M in Staked Ether Outflows as Decentralized Liquid Staking Protocols Gain
3.5.2023
Investors are ditching the centralized exchange giants to stake their ETH holdings on decentralized alternatives amid regulatory concerns, and as they chase higher rewards, crypto analysts say
Bitcoin Climbs Above $28.5K as Investors Weigh Fresh Bank Woes, Cool Jobs Data
3.5.2023
Ether also rose. Equity markets dropped, including stocks of two regional banks
Coinbase Launches International Exchange for Bitcoin and Ether Perpetual Futures
2.5.2023
Coinbase, the San Francisco-based cryptocurrency exchange, recently announced the launch of a new service called Coinbase International Exchange. The new platform will enable institutional users outside of the United States to trade bitcoin and ethereum perpetual futures. The company stated in...
Ethereum whale population drops after Shapella — Will ETH price sink too?
2.5.2023
Ethereum's supply across whale addresses has dropped consistently since March 2020, offset by greater retail interest
First Mover Asia: Bitcoin Market Cap Is Surging, but a Retreat From $30K Continues
2.5.2023
PLUS: Western crypto innovators with great ideas are eying the East for tech-embracing governments and fresh opportunities. A West-East partnership may be crypto's model for the future, the co-founder of Taipei-based Woo Network, Jack Tan, writes
Bitcoin Drops Below $28K; JPMorgan Takes Over Embattled First Republic Bank
1.5.2023
BTC’s price had dropped from well above $29,000 since Sunday evening. Investors await Wednesday’s FOMC decision
Liquid staking solutions now have more TVL than DEXs: DeFi Llama
1.5.2023
From April 13 to May 1, decentralized exchanges declined in TVL by $1.66 billion, while liquid staking protocols increased by $280 million
First Mover Asia: Bitcoin, Ether Open Asia’s Trading Week Flat
1.5.2023
ALSO: Five CoinDesk journalists offer their takeaways from Consensus 2023. They found an industry still filled with optimism but also realistic about the challenges ahead, most notably, regulatory uncertainty
Ethereum’s Liquid Staking Protocols Attract 400,000 Ether After Shapella Upgrade
30.4.2023
Just over two weeks have passed since Ethereum’s Shapella upgrade on April 12, 2023, which occurred at block height 6,209,536, enabling stakers to withdraw for the first time. At the time of the upgrade, slightly over 8 million ethereum was locked into liquid staking protocols. Since then...
Ethereum (ETH) Price Set to Roar as These Two Key Deflationary Tailwinds Pick Up
29.4.2023
Post-“shapella” upgrade optimism that briefly lifted the Ether (ETH) price to 11-month highs in the mid-$2,150s earlier this month has mostly faded.
Ether, the token that powers the smart-contract-enabled Ethereum blockchain, was last trading close to $1,900, still up around 4% for the month,...