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Bitcoin
Ethereum Technical Analysis: Sideways Movement as ETH Eyes Break Above $2,500
With its price positioned at $2,485, ethereum’s daily fluctuations have ranged from $2,309 to $2,541, highlighting a market that is both dynamic and erratic. The current market capitalization of ether is approximately $299.25…
First Mover Americas: Bitcoin Hovers Below $48K; Immutable X Soars
The latest price moves in bitcoin and crypto markets in context for Feb. 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Technical Analysis: BTC Bulls Retreat From Near $49K Peak
As of Feb. 12, 2024, bitcoin displays a robust upward momentum across several charts, underscored by its sharp ascent from $47,593 to $48,814 on Sunday. On the subsequent Monday, bitcoin’s market value reached $939 billion, with a…
Expert Calls for Full Cryptocurrency Regulation in Nigeria to Mitigate Digital Asset-Related…
Nigeria must fully regulate crypto activities if it wants to curb financial crimes associated with digital assets, a forensic expert has said. The co-founder of A&D Forensics also called on Nigeria to enact laws that would mandate…
Latam Insights: Bukele Wins Presidential Ballot by Landslide, Brazil Strengthens Crypto Tax…
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Nayib Bukele wins the presidential elections in El Salvador, the Brazilian tax authority finds…
Bitcoin ‘Stronger’ Ahead of Halving: Grayscale
A slew of newer features means bitcoin is “evolving into something even more” than merely digital gold, a core investment thesis.
Disney to Acquire $1.5 Billion Stake in Epic Games, Aims to Create Joint Metaverse
Disney, one of the biggest entertainment companies, has decided to acquire a $1.5 billion stake in Epic Games, makers of the known persistent metaverse platform Fortnite. The companies will collaborate to develop a metaverse featuring…
Raging Inferno: Over 3% of All Ether Supply Has Been Burned Since Implementing EIP-1559
Ethereum has shed a significant part of its supply since the London upgrade, applied in August 2021. According to ultrasound.money, a portal that records several statistics associated with the ETH burn, over 4 million ether (3.2%) have been…
9 Bitcoin ETFs Accumulate 208,878 BTC Worth $10 Billion, Overshadowing Grayscale’s Sell-Off
Since the conclusion of the spot bitcoin exchange-traded fund (ETF) trading sessions on Feb. 9, 2024, the nine freshly launched ETFs have amassed 6,009.49 bitcoin, valued at approximately $288 million. Concurrently, Grayscale’s…
Playdapp Breach: Hacker Mints Tokens Worth $31 Million, Gaming Platform Offers Reward for Silence
Playdapp, a Web3 gaming platform, recently confirmed that it was a victim of a hacking incident which saw criminals mint tokens worth approximately $31 million. Playdapp said it has offered to reward the hackers if they agree to return the…