Bitcoin

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.

PRESS RELEASE. LBank recently concluded its Initial Exchange Offering (IEO) for the PINs Network project. The event secured a total investment of 51,556,343 USDT from 34,587 participants. This development followed a period of increased…

According to Edward Hong, the chief platform officer (CPO) at the early-stage venture firm Hashed, South Korea’s decision to delay putting in place a comprehensive crypto regulatory framework seems to be more of a strategic move…

The number of BTC held in wallets tied to crypto exchanges has declined by 4% this month, data tracked by CryptoQuant show.

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.

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,…

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…

The increase in average trade size could suggest large traders are more active, said research firm Kaiko.

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…

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.…