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Bitcoin
Bitcoin Slumps to $25.5K, With Price Now Probing August Low
The CoinDesk Market Index, a weighted index of over 100 tokens, fell 0.71% in the past 24 hours, suggesting profit-taking across the board.
Green Bitcoin Mining: Nodal Power Secures $13M for Landfill Gas Conversion
Utah-based Nodal Power, which specializes in turning landfill gas into energy for powering bitcoin (BTC) mining hubs, recently announced a successful $13 million seed round backed by strategic investors. Bryan Black, Nodal’s CEO,…
PYUSD’s Modest Footprint: A Tale of Languid Activity Amidst Stablecoin Titans
Following Paypal’s declaration about the introduction of a fresh stablecoin, the smart contract address has revealed that the quantity of PYUSD stood at approximately 26.9 million. In the subsequent 22 days, the supply of PYUSD has…
Bitcoin Average Trade Size Jumps to Highest Level Since June After Grayscale Ruling
The increase in average trade size could suggest large traders are more active, said research firm Kaiko.
Report: Tether Pivots to Bahamas’ Britannia Bank Amid US Banking Strains
In a recent report released on Tuesday, undisclosed sources detailed that the firm behind the top stablecoin in market cap, tether (USDT), is now banking with Britannia Bank & Trust. In the past month, tether’s supply has dipped…
Biggest Movers: Bitcoin Cash Back Above $200, TON Surges 16% Higher
Bitcoin cash (BCH) was one of Wednesday’s biggest gainers, as markets remained jubilant following the Grayscale court ruling. Following a recent streak of consolidation, the global crypto market cap rose by as much as 4% on the news.…
Prosecutors Challenge FTX Founder’s Legal Advice Defense Ahead of Fraud Trial
Sam Bankman-Fried’s legal team claimed last week that the FTX founder received assurances from lawyers his actions were lawful. However, federal prosecutors are now contesting the validity of Bankman-Fried’s defense strategy…
Bitcoin, Ethereum Technical Analysis: BTC Jumps Above $28,000, as Markets Remain Buoyed by Grayscale…
Bitcoin climbed over the $28,000 level late on Tuesday, as markets reacted to the news that Grayscale had won its battle with the SEC. The ruling over the U.S. Securities and Exchanges Commission boosted crypto prices across the board, with…
First Mover Americas: Bitcoin Rallies on Grayscale Court Win Over SEC
The latest price moves in bitcoin (BTC) and crypto markets in context for August 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Pro-Bitcoin Miami Mayor Francis Suarez Drops out of GOP Presidential Candidate Race
Francis Suarez, the pro-bitcoin mayor of the U.S. city of Miami, became the first Republican to bow out of the party’s presidential primary race after he announced the suspension of his campaign on Aug. 29. According to some reports,…