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Bitcoin
Bitcoin Halving Is Not a Bullish Event, Says 10x Research Analyst
Bearish signals are looming over the crypto market these days and will almost certainly push prices down in the short term, well-known research analyst Markus Thielen said.
Binance Shifts $1 Billion in SAFU Bitcoin Reserves to USDC
Binance, the leading cryptocurrency exchange globally in terms of trading volume, has shifted its SAFU (Secure Asset Fund for Users) reserves into the stablecoin USDC to bolster “its reliability.” During the early hours of…
First Mover Americas: BTC Dominance Increases, Binance to Re-Enter India
The latest price moves in bitcoin (BTC) and crypto markets in context for April 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin’s Bullish Trajectory Should Resume After the Halving, Analysts Say
Global asset management firm Alliance Bernstein has explained that bitcoin’s bullish trajectory should resume after the upcoming halving event. The firm’s analysts described: “We believe it is always new demand…
Google Searches for Bitcoin Halving Skyrockets as Major Event Approaches
The excitement surrounding the upcoming Bitcoin halving has led to a significant increase in Google searches for “Bitcoin halving,” with interest reaching its highest point ever, more than double that of the last halving event…
Magic Eden Surges to Top Spot in NFT Market, Records Stellar $756M Trading Volume in March
Magic Eden, a Solana-based NFT marketplace, achieved its highest monthly trading volume in March, outpacing Blur with a 194.4% increase to $756.5 million, attributed to its Diamond reward program and support for creator royalties. This…
Worldcoin Foundation Announces ‘World Chain’ for Enhanced Human-Centric Apps
Worldcoin is set to introduce a new blockchain called “World Chain,” which is designed to give precedence to human users over bots, purportedly enhancing both utility and accessibility. The Worldcoin Foundation stated that this…
Roger Stone Endorses TRUMP Meme Token, Spurs Double-Digit Growth Amid Market Slump
Roger Stone, a seasoned Republican political strategist, lobbyist, and former adviser to Donald Trump’s campaign, has endorsed the meme coin TRUMP on X, sparking a 17% increase in its value amid a wider downturn in the cryptocurrency…
Blackrock Closes in on Grayscale in the Battle for the ‘World’s Largest’ Bitcoin ETF
U.S. spot bitcoin exchange-traded funds (ETFs) experienced three consecutive days of net outflows, with a loss of $58 million on Tuesday. Leading the outflow for the day was Grayscale’s GBTC. After Another Day of Outflow, IBIT Nears…
27% of Ethereum Now Staked: $98 Billion Committed as Interest Peaks
Recent data reveals that over 27% of all ether, amounting to 32,472,720 ethereum, is currently staked, as interest in this activity has heightened significantly within the past year. Liquid staking derivative (LSD) protocols have locked in…