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Galaxy tips Bitcoin NFT market to hit $4.5B by 2025
4.3.2023
Galaxy’s estimation was based on the rapid uptick of interest in Bitcoin NFTs, currency market infrastructure, and the potential to take some market-share away from Ethereum
FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation
3.3.2023
On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total...
Breaking: Tether Investigation Reveals Use of Fraudulent Documents and Obscured Identities to Open Bank Accounts
3.3.2023
Amid struggles to maintain access to the global banking system, the companies behind Singapore-based USDT stablecoin issuer Tether used a mixture of fraudulent documents, obscured identities and shell companies, according to a new bombshell report by the Wall Street Journal....
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Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday
3.3.2023
According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin worth $190.9 million was bridged over to the Avalanche...
Price analysis 3/3: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
3.3.2023
Concerning news from Silvergate Bank and FTX may have influenced investors’ decision to press the sell button, but the potential for further downside could be limited
Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges
3.3.2023
On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m. Eastern Time, the price of bitcoin fell, dropping below the $23,000 mark. This decline resulted in a significant $237.97 million worth of long...
Today in Crypto: Xapo Bank Partners with Lightspark & Integrates Lightning Network, Ethereum Shanghai Fork Pushed Back, Casper Labs’ Long-term Partnership with SkyBridge & Al Maskari Holding
3.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________...
Read More: Today in Crypto: Xapo Bank Partners with Lightspark & Integrates Lightning Network, Ethereum Shanghai Fork Pushed Back...
Bitcoin price settles at $22.4K as daily RSI retraces 2023 bull run
3.3.2023
Bitcoin RSI is back at square one as the mood among traders becomes uncertain after 5% BTC price losses overnight
First Mover Americas: Crypto Markets Sinking on Silvergate
3.3.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for March 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Silvergate Uncertainty Spooks Markets
3.3.2023
Bitcoin dropped to a two-week low on Friday, as crypto markets continued to react to the uncertainty surrounding Silvergate. The solvency of the bank has been put into question, with Binance, Coinbase and other exchanges moving to halt transactions. Ethereum also edged lower, falling below $1,600...
Dollar’s sharp recovery puts Bitcoin’s $25K breakout prospects at risk
3.3.2023
Persistent inflation and a strong labor market create conditions for more Fed rate hikes in 2023, which may push Bitcoin down against the U.S. dollar
Bitcoin-Bridged to Avalanche Reaches Record Daily Mint of Over 2K BTC
3.3.2023
Half of the BTC.b minted on Thursday have been moved to BENQI Finance, an Avalanche-based decentralized finance protocol
Bitcoin Bears May Still Be a Bit Early, Though Caution Urged: Matrixport
3.3.2023
Crypto investors should cut exposure by 50% if bitcoin prices fall below $22,800, the report said
Bitcoin Long Liquidations Hit Highest Level Since August
3.3.2023
Centralized exchanges liquidated bullish long futures worth over $62 million during the early Asian hours
Bitcoin, Ether Drop Over 5% in Massive Sell-Off as Market Continues to Digest Silvergate
3.3.2023
Bitcoin plunged to $22,288 and Ether hit $1,563 as crypto took a tumble during the opening hours of East Asia's trading day
First Mover Asia: Bitcoin Continues to Look East for Strength
3.3.2023
A busy economic week in China with plenty of data releases scheduled might be what it takes to get bitcoin out of its slump
Bitcoin Bulls Getting Excited as Key On-chain Metrics Trend Higher – Further BTC Price Rally Incoming?
3.3.2023
Bitcoin bulls are licking their lips as they look at various widely followed metrics of on-chain activity. The world’s first cryptocurrency and largest by market capitalization is already up over 40% this year, but that rally could extend in the months ahead if positive on-chain trends continue...
Xapo Bank Integrates Lightning Network Payments Through Lightspark Partnership
2.3.2023
On March 2, Xapo Bank announced its partnership with Lightspark, a company led by David Marcus, former crypto boss at Facebook. The partnership aims to extend the utility of bitcoin and the Lightning Network. Xapo revealed on Thursday that it is the first fully licensed private bank to offer...
Bitcoin Miner Marathon Digital Sold Almost All Bitcoin Mined in February
2.3.2023
The miner sold its mined bitcoin for the second time this year
Bitcoin Miner Riot Delays 10-K Filing Due to Impairment Calculation Issues
2.3.2023
The delay follows a similar move earlier this week by Marathon Digital on similar grounds