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Crypto News
Tether Stops Support for Bitcoin Layer Omni Citing Lack of Demand
Stablecoin issuer Tether has announced that it will discontinue support for Omni, a Bitcoin layer that has been used for USDT transfers since 2014.
First Mover Americas: Bitcoin Drops to Lowest Level Since June
The latest price moves in bitcoin (BTC) and crypto markets in context for August 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Securitize Agrees to Buy Crypto Wealth Manager Onramp to Expand RIA Services
The acquisition is expected to close in the coming days and terms of the transaction have not been disclosed.
Crypto Investors Can Now Trade XRP Options on BIT Exchange
Options allow investors to hedge bullish/bearish risks and generate additional income on top of their spot market holdings.
Genesis, FTX Strike Deal for $175M Bankruptcy Claim
Lawyers are trying to untie a complex financial web among companies that went under in the crypto winter.
Blockchain-Harnessing AI Project Jada Receives $25M in Capital
The project's aim is to offer AI services that aid decision-making for organizations and scale up their operations.
Bitcoin’s 2023 Bullish Trendline in Focus as Traders Search for Directional Clues
A bullish trendline is a an upward-sloping diagonal line connecting two or more higher price lows.
Crypto Long Trades Account for 90% of Total Liquidations as Bitcoin, Ether Slump
One trading firm has a price target of as low as $24,000 in the coming months in the absence of immediate market catalysts.
How PayPal Upended the Crypto Debate in Washington D.C.
The fintech giant’s PYUSD stablecoin has forced a rethink among Democratic policymakers who previously resisted federal legislation, says John Rizzo.
Sei, Blockchain Designed for Trading, Goes Live but ‘Frustration’ Mounts Over Airdrop
The buzzy blockchain project's SEI token saw a flurry of trading as it debuted on several crypto exchanges Wednesday, but there was much confusion over the status of a promised token "airdrop" to early adopters of the network.