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Crypto News
First Mover Americas: A ‘Head-and-Shoulders’ Case for Altcoins
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
PayPal’s Stablecoin Not Likely to Be Used Widely Anytime Soon: Bank of America
Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, the report said.
‘Altcoin Season’ Is Coming, Technical Analysis Suggests
An inverse head-and-shoulders pattern, one of the most trusted indicators known to presage major price rallies, is building in the altcoin market.
Shiba Inu Bucks Bitcoin Snoozefest Ahead of Shibarium Deployment
The tokens were up as much as 5% in the past 24 hours, bucking a market-wide trend.
XRP’s Market Cap Momentarily Zoomed to Trillions of Dollars on Gemini
Low liquidity after the token’s relisting likely caused a temporary pricing glitch on the exchange.
Matrixport’s Bitcoin Greed & Fear Index Indicates Upswing Ahead
The index has a solid track record of shifts in the bitcoin market trend.
First Mover Asia: Bitcoin Is CPI Resistant
Modest Consumer Price Index (CPI) numbers mean that the chance of another rate hike is dwindling.
Metaverse Platform Sandbox Transferred Out 60M SAND Ahead of Monday’s $133M Token Unlock
As the price of SAND slid 4% in August, the Sandbox Genesis smart contract had already emitted 60 million SAND tokens prior to the upcoming token unlocked scheduled for Aug. 14.
Bittrex Reaches Settlement With SEC; Agrees to Pay $24M Fine
The bankrupt exchange faced charges of offering U.S. investors access to unregistered securities.
Worldcoin Regulatory Scrutiny Grows as Argentina Opens Investigation
The investigation began after numerous data collections in five major jurisdictions of the country, the Argentinian Agency for Access to Public Information said.