Conflux Network partnered with China Telecom, the country’s second-largest telecom provider, to develop blockchain-enabled SIM cards. Its native CFX token soared on the news. The telecom...
Tag: token-projects
Crypto markets rebound as Silvergate soars 16% on Citadel Securities, Susquehanna stakes
Cryptocurrency prices rebounded after yesterday’s decline, when the New York Department of Financial Services announced it will pursue regulatory action against stablecoin provider Paxos. ...
Credit Suisse leads $65 million Series B in digital asset firm Taurus
Taurus SA, a Switzerland-based digital asset infrastructure company focused on servicing financial institutions in Europe, raised $65 million in a Series B funding round. Credit Suisse, Switzerl...
Crypto markets wrought ahead of US inflation data as regulatory issues steal focus
Crypto markets were roiled by the SEC last week, and now there’s even more uncertainty after the New York Department of Financial Services ordered Paxos to stop issuing BUSD. Next up is U.S. inf...
Binance’s BNB drops 6% on latest US regulatory moves; bitcoin off lows but still down
Cryptocurrency prices were once again driven lower by regulatory developments, with Paxos and the New York Department of Financial Services going toe to toe and Binance suffering the consequences. &#...
Bitcoin, crypto prices slip; Coinbase extends losses as regulatory fears spook market
Cryptocurrency prices nosedived overnight on the back of increased regulatory scrutiny. Coinbase and Silvergate extended losses in the early session. Bitcoin was trading at $21,770, down 4.2% o...
Bitcoin has hit bottom — at least that’s what Pantera Capital and Osprey Funds chiefs say
Crypto chiefs say bitcoin prices have hit bottom and are consolidating. Bitcoin was trading around $21,760 at 7 a.m. EST, down about 4% over the past 24 hours, according to TradingView data. Th...
Coinbase drops 8% as CEO Armstrong calls out SEC; Silvergate sinks 5%
Crypto-related stocks sold off at the open, with Coinbase and Silvergate leading the drop. Coinbase shares fell over 8% to $63 by 11:15 a.m. EST, according to Nasdaq data. Last night Coinbase CE...
Bitcoin slips as memecoins lead loses; GBTC discount to NAV widens
Cryptocurrency prices slipped across the board, even as the sector buzzes about the future of AI and big data tokens. Bitcoin was trading at $22,722 by 9:35 a.m. EST, down 1.5% over the past day...
Bitcoin steady around $23,000 as ether moves higher; equites in the red
Bitcoin was hovering around $23,000 as ether gained. The Sandbox token jumped on news of metaverse partnership talks with Saudi Arabia. Equities slipped. The leading cryptocurrency by market cap...
Crypto markets tread water ahead of Fed speech
Cryptocurrency prices were little change alongside other risk assets ahead of Federal Reserve Chair Jerome Powell’s speech this afternoon at the Economic Club of Washington. Bitcoin was tr...
Bitcoin, ether slip with crypto stocks all lower; Silvergate drops 8%
Cryptocurrency prices slid at the beginning of the week, with equities also opening down. Bitcoin was trading at $22,776 at 10:20 a.m. EST, down 1.5% over the past day, according to TradingView...
Crypto market continues to rise, while Silvergate shares seesaw after probe report
Bitcoin settled around $23,570 at 5:20 p.m. EST after climbing as high as $24,100 earlier in the day, according to TradingView data. It’s up about 0.4% over the past day following the Federal Re...
Crypto market jumps following Fed rate decision
Crypto prices soared after the market opened on Thursday, as traders responded to the Federal Reserve’s interest rate decision yesterday with a bullish sentiment. Bitcoin rose 3.5% to $23,730 ar...
Federal Reserve raises interest rates by 25 basis points, as expected
The U.S. Federal Reserve raised the target range for the federal funds rate by 25 basis points to 4.5-4.75 percent, bringing the interest rate to a 15-year high. Wednesday’s interest rate decisi...
Market trades flat ahead of Fed’s interest rate decision
Crypto prices remained mostly flat after the market opened on Wednesday, as traders await the Federal Reserve’s interest rate decision and comments from the subsequent press conference this afternoon....
CME’s crypto derivatives reach new highs as traders seek safe port in storm
Derivatives trading giant CME Group has clocked a record high in volume and open interest for bitcoin options as traders flock to the venue in the wake of the FTX meltdown. Bitcoin options volum...
MicroStrategy expected to report profit despite down quarter for crypto: Preview
MicroStrategy reports fourth quarter results Thursday with the company expected to turn a profit after several down quarters even as revenue comes in slightly lower than a year earlier. The sof...
Crypto prices flat, while Dogecoin rallies
Crypto prices remained mostly flat after the market opened on Tuesday, with Dogecoin rising significantly by 8.1%, outperforming the top 10 coins. Bitcoin fell 0.3% to $23,117 around 9:50 a.m. E...
Ether below $1,600, Silvergate down on dividend deferral, Coinbase pops 10%
Crypto prices remain relatively steady, with most of the major coins flat or marginally higher. Silvergate sank after suspending a preferred dividend. Bitcoin was trading at $23,000 by 11:50 a....
Floki Inu price soars 14% following DAO proposal to burn $55 million tokens
Dog-themed meme coin floki inu soared in price following a community proposal that would burn $55 million worth of its tokens. Floki Inu was trading up 14% to $0.000012 at 6:06 a.m. EST, accordi...
Bitcoin steady as altcoins pop, aptos hits all-time high around $20
Bitcoin was treading water at around $23,000, while ether and altcoins traded higher. Equities were mixed, with Silvergate down and Coinbase higher. Bitcoin was trading at $23,037 by 10:40 a.m. ...
Bitcoin’s back in the green, Aptos reaches all-time high as major markets end little changed
Bitcoin jumped above $23,200 as Aptos’s APT soared 46% while traditional markets were muted. The largest cryptocurrency was up about 1.6% over the past day at 4:35 p.m. EST after trading l...
Bitcoin trading around $22,400 as crypto prices pullback with equities in the red
Cryptocurrency prices began to pullback overnight, with ether leading the drop. Equities were in the red during the early session, with Block and Silvergate declining. Bitcoin was trading at $2...
Investor Jeremy Grantham dismisses bitcoin’s latest rally as crypto prices tread water
Cryptocurrency prices meandered in early trading, with bitcoin unable to break past $23,000 on a consistent basis. Crypto stocks were marginally lower. Bitcoin gained 0.1% in the past day to $2...
Bitcoin, mining stocks rise while Silvergate shares soar
Crypto prices were in the green as the market continued to rally on Monday. Equities related to blockchain and cryptocurrencies were also higher. Bitcoin traded up about 0.5% during the day, fli...
Silvergate shoots up 11%, Coinbase dips and MicroStrategy trades flat
Silvergate shares soared after the open, and Coinbase traded down as the Nasdaq 100 was higher. Shares in the crypto-friendly bank were up 11% to $15.25 by 11:30 a.m. EST, according to Nasdaq d...
Bitcoin resistance at $25,000 will be key gauge of rally’s momentum, B2C2 says
Bitcoin was little changed Monday after reaching its highest point above $23,000 since August over the weekend. While the recent rally has outpaced traditional equities, some are wondering how long th...