Tag: News

Last week, Federal Reverse Chairman Jerome Powell set the crypto community on fire after speaking at the annual Jackson Hold economic symposium. During his speech, Powell had hinted toward possible rate cuts that could happen in the month of September, and since rate cuts have been historically bullish for...

Bitcoin (BTC) fell below $111,000 during the overnight trade, reversing Friday’s spike caused by Fed Chair Powell’s dovish speech, as a whale sold into illiquid market conditions. The cryptocurrency’s price fell by over 2% from $114,666 to $112,546 in under ten minutes to 07:40 UTC. The so-called flash crash...

Cryptocurrency analyst Willy Woo shed light on Sunday on why Bitcoin’s (CRYPTO: BTC) price is not rising as quickly as expected, attributing it to the selling patterns of early investors. Early Bitcoiners Hold The Key In an X post, Woo highlighted that Bitcoin’s supply is concentrated among “OG whales” who peaked...

Trump’s crypto adviser, David Bailey, doesn’t think there will be a Bitcoin bear market for several years, but analysts aren’t so sure....

LayerZero wins Stargate’s $110M acquisition after a high-stakes DAO vote, beating Wormhole and Axelar in one of DeFi’s rare multi-protocol bidding wars....

Economist Peter Schiff made a playful reference to the “Bitcoin obituary list” on Sunday where he ranked first for predicting Bitcoin’s (CRYPTO: BTC) demise 18 times. The Hall Of Fame In a X post, Schiff said, “At least I made the top of the Bitcoin obituary list,” a cheeky...

Leading cryptocurrencies fell on Sunday after a massive billion-dollar Bitcoin sale sparked a flash crash. Cryptocurrency Gains +/- Price (Recorded at 9:10 p.m. ET) Bitcoin (CRYPTO: BTC) -2.18% $112,839.95 Ethereum (CRYPTO: ETH)                -1.34% $4,715.63 XRP (CRYPTO: XRP)                          -1.84% $2.99 Solana (CRYPTO: SOL)                          -1.05% $203.80 Dogecoin (CRYPTO: DOGE)                          -4.05% $0.2278...

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin’s price is holding near...

Tlegram founder Pavel Durov, who prosecutors allege enabled organized crime, slams ongoing case as “legally and logically absurd.”...

The blockchain has gained popularity as it introduced cross-border transactions and the creation of borderless networks, which have become increasingly prominent in the real-world assets (RWAs) space. However, in this asset class, specifically mobility, it cannot be simplified and removed from boundaries created by commercial practices, regulations, and institutional...