Crypto News

Economists had forecast sizable year-over-year declines in both headline in and core inflation for this report.

The latest price moves in bitcoin (BTC) and crypto markets in context for July 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Coinbase has missed out on “a significant portion of the cryptocurrency market's upside” and is expected to join this move later, one trader said.

The bank lifted its MicroStrategy price target to $510, representing 24% potential upside, the report said.

The social media analytics platform is expanding from a digital asset trading focus to allow users to search for any topic.

The dollar value of the unlock amounted to 38% of the cryptocurrency's average 30-day trading volume and had potential to push prices lower, per one analyst.

The U.S. Securities and Exchange Commission (SEC) would take a back seat in a crypto oversight bill being re-launched by Sens. Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.), which would require that crypto exchanges be overseen by…

The infrastructure limitations of this sector include a lack of cross-chain asset support, expense in maintaining products due to high issuance costs and difficulty rebalancing on-chain products due to slippage.

Developer Florida Street's seed round features Hack.vc, Foundation Capital, Dragonfly Capital, Pantera Capital, 6th Man Ventures and others.

Axelar said further plans with Microsoft include connecting private and public blockchains that use OpenAI services to create Web3 products.