“Digital assets, including bitcoin, tend to become more correlated with stocks during stress periods when most of the investment markets go risk-off,” said Mikkel Morch, director at crypto hedge...
Tag: Ether
OpenSea Is Reportedly Working on Solana Integration for NFTs
OpenSea, the world’s largest platform for trading Non-Fungible Tokens (NFT), is reportedly working on integrating Solana and native Web3 wallet Phantom into its platform, according to a tweet by a fam...
BOT, SEC, and MOF Jointly Plans To Regulate Crypto in Thailand
With rising concerns for regulatory policies to be placed on the crypto market, the Bank of Thailand (BOT), the Securities and Exchange Commission (SEC), and the Ministry of Finance (MOF) in a joint p...
Four Guaranteed Ways to Earn Cryptocurrency Online Today
Cryptocurrency is becoming more and more popular and earning crypto online can be used as a means of exchange or as an investment. There are a few ways you can earn cryptocurrency online, but first yo...
XT.COM Exchange Launched the Most Comprehensive Index Product with $10,000 Prize Pool
To meet the growing interest in the Crypto market and the rising demand for related hedging tools, XT.com exchange recently launched a series of index products that can be considered the most comprehe...
FTX US Hits $8B Valuation Following a $400M Raise from SoftBank and Others
FTX US is now valued at $8 billion after raising $400 million from top investors. Mainstream cryptocurrency exchange, FTX US today announced it has raised $400 million in its first funding round which...
Bitcoin Gains Stability Above $37k. Will The Uptrend Continue?
Following the most recent attempts at $32,000 by the bears. Previous market trends came to a halt as Bitcoin met buybacks at $32,950. The digital gold enjoyed little hikes that saw it flip its opening...
IMF Urges El Salvador to Remove Bitcoin as Legal Tender
The International Monetary Fund (IMF) has urged the government of El Salvador to narrow the scope of the newly established Bitcoin Law and remove bitcoin as a legal tender. In a press release publishe...
Russia’s Finance Minister Says Crypto Should Be Regulated, Not Banned
Ivan Chebeskov, the department director of the Russian Finance Ministry stated in a recent report that to protect the rights of the Russian citizens, it will be more beneficial to regulate cryptocurre...
Struggling Bitcoin (BTC) to Profit From FED Rate Hikes: Research
Following reports that the US Federal Reserve is considering increasing interest rates, the crypto market recorded significant losses with crypto assets such as bitcoin experiencing sudden drops in th...
Partner with Public Chain Ecosystems & Builder of Compliant, Transparent Finance
Singapore, Singapore, 25th January 2022, The stablecoin market experienced explosive growth in 2021. The total supply of U.S. dollar-pegged stablecoins soared to 388%, from $29 billion at the beginnin...
APENFT Foundation & LiveArt Announce Exhibition in Cryptovoxels & Auction on LiveArtX
Singapore, Singapore, 25th January 2022, APENFT Foundation and LiveArt have announced the opening of “Second Life,” an exhibition at the APENFT ART MUSEUM in Cryptovoxels and auction on LiveArtX, on T...
Indonesia Ban Banks From Offering Crypto Services
Indonesia’s regulator has prohibited financial institutions from offering crypto services to protect investors against risks involved in investing in digital assets. The Indonesian regulator, Otoritas...
TimechainSwap Launches Farming & Liquidity Protocols On Its DEX
Montreal, Canada, 24th January 2022, Timechain, a decentralized exchange aggregator and permissionless lending and borrowing protocol, has introduced Automated Market Maker (AMM) liquidity pools, yiel...
MicroStrategy Will Continue to Put Money Into Bitcoin Despite Drop Says CFO
Despite the recent crypto market decline, MicroStrategy will not stop purchasing more bitcoin (BTC). Phong Le, MicroStrategy CFO, said in a Wall Street Journal report today that the company’s position...
Former Goldman Sachs CEO Makes U-turn, Says Crypto is Happening
Lloyd Blankfein, former Goldman Sachs Chairman, and CEO said “cryptocurrency is happening,” as the asset class continues to grow in popularity and is attracting several trillions of dollars in investm...
Charts suggest bitcoin and ether selling may be over soon
Charts suggest the selling in the world’s two largest cryptocurrencies may run its course soon, CNBC’s Jim Cramer said Monday, leaning on analysis from veteran technician Tom DeMark. ̶...
Ethereum Surges To $2,400. Are the Bears Finally At Sleep?
Since last week, the crypto market has been plagued by a series of corrections. One of these retracements saw the sector’s worth dip by more than 20% during the last seven days. Unfortunately, the ind...
Ethereum Whale Swallows up Over 600 Billion SHIB ($12.1M) Amid Sell-off
Ethereum whales have continued loading up large amounts of the memecoin, Shiba Inu, with one whale splurging over $12 million in a recent SHIB purchase. According to data from the crypto whale tracker...
OpenSea Reportedly Suffers Front-end Attack; Hacker Gains $800k
The world’s largest marketplace for trading non-fungible tokens (NFTs), OpenSea has reportedly suffered a front-end attack resulting in the loss of 332 ETH ($800k). The attack was first noted by block...
Myanmar’s Military Junta Imposes Crypto Ban; Penalty of Up to One Year Imprisonment
The military junta in Myanmar has recently drafted a bill that seeks to ban the use of digital currencies and virtual private networks (VPNs) in the Southeast Asian country. The bill, which has alread...
British Soldier Faces Charges for Stealing Bitcoins and Assaulting Owners
A male British soldier has recently been charged in court on counts of kidnapping and robbery for allegedly stealing a couple’s bitcoins worth thousands of dollars. The 36-year-old soldier identified ...
Bitcoin, Ether, Major Altcoins – Weekly Market Update January 24, 2022
The total crypto market cap erased $508 billion from its value for the last seven days and now stands at $1,53 billion. The top 10 coins were all in red for the same time period with Solana (SOL) and ...
El Salvador Bought the Bitcoin Dip ; Adds 410 BTC Worth $15M
Central American nation El Salvador has added another 410 BTC to its Bitcoin stash as BTC price slips below $37,000. El Salvador’s president, Nayib Bukele, tweeted on Friday that the country has acqui...
Bitcoin, Ether Plummet To 6-Month Lows As Crypto Crash Wipes Hundreds Of Billions Off Market
Topline The prices of bitcoin and ether fell to six-month lows Monday morning, continuing a sell-off of major cryptocurrencies that has dashed more than $1 trillion in value from the market since Nove...
Bitcoin Drops to 6-Month Low, Ether Eyes Bearish Cross as US Stock Index Futures Erase Early Gains
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
First Mover Asia: Bitcoin, Ether Regain Ground Sunday After Early Weekend Battering
Good morning. Here’s what’s happening: Market moves: Bitcoin was trading at over $36,000 on Sunday after continuing its recent decline earlier in the weekend. Technician’s take: BTC is stabilizi...
BTC, ETH, BNB, ADA, SOL, XRP, LUNA
Currently valued at $1.61 trillion, the crypto market is down by more than 20% as it opened the week at $2.05 trillion. The industry was considerably stable throughout the first three but took a turn ...
Falling Bitcoin, Cardano, Ether Won’t Catch A Break Until Stocks Find A Floor, Says Billionaire Who Called $38K BTC ⋆ ZyCrypto
Advertisement     A billionaire who successfully forecasted the bitcoin price aching sell-off to the $38K zone believes that the benchmark cryptocurrency will not be a...
$800 Million Liquidated As The Crypto Market Sinks Below $1.8 Trillion
Two days ago, social media platform Twitter was filled with comments from traders urging some crypto assets to stop ranging and “do something.” Events that have taken place over the past 24 hours seem...