Crypto Stocks Plunge as Bitcoin Slides to $18.1K on Inflation Print
Cryptocurrency-related stocks have sold-off across the board on Thursday as bitcoin falters to a three-week low of $18,131 on Coinbase.
Cryptocurrency-related stocks have sold-off across the board on Thursday as bitcoin falters to a three-week low of $18,131 on Coinbase.
U.S. Senator John Hickenlooper (D-Colo.) has become one of the first Democratic senators to publicly criticize the slow approach to crypto taken by Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC).
El Índice de Precios al Consumo “básico”, considerado un indicador más estable de la inflación, subió un 6,6% con respecto al año anterior, un máximo de cuatro décadas.
Los datos de aumento de precios provocaron un descenso de la segunda criptomoneda más importante por capitalización de mercado.
FalconX 360 seeks to make risk management and liquidity visibility more accessible for institutional crypto investors.
Police in a district of India’s biggest state are starting a project that will allow public complaints to be put on an immutable blockchain powered by Polygon.
The funding will advance Uniswap’s web app, developer tools and NFT projects.
The “core” Consumer Price Index, seen as a more steady indicator of inflation, rose 6.6% from a year prior – a four-decade high.
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 13, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Many investors are discouraged by the tremendous learning curve that must be mastered in order to properly build a portfolio of cryptocurrencies and tokens, but the good news is that these investors can outsource the management of their crypto portfolio
A softer-than-expected U.S. inflation data is needed to save the day for ether bulls.
The Stand with Students initiative, dedicated to supporting underprivileged students, will feature over 16,000 digital pieces created by Open AI’s DALL-E.
Bitcoin mining firm BitNile (NILE) plans to set up a bitcoin-based marketplace in the first half of next year to reduce the complexity of transacting in bitcoin.
The UK government has passed a bill that could see it adopt blockchain technology as a solution to store documents.
Transaction volume in e-CNY has only increased by 14% in 2022 from the end of last year compared to the 154% growth recorded in the last six months of 2021.
Ether (ETH) reached a “post-Merge milestone” this week as it became deflationary for the first time since the Ethereum blockchain switched to proof-of-stake (PoS), Coinbase (COIN) said in a report Thursday.
The Financial Accounting Standards Board (FASB) has said that firms should use fair-value accounting methods for cryptocurrencies likes bitcoin and ethereum.
Custodia alleges the Federal Reserve Board of Governors showed favoritism over approval delays, while giving BNY Mellon a green light to engage in crypto custody.
According to Tron’s Founder Justin Sun, empowering HT holds the key to revitalising Huobi.
Over $718 million has been stolen from DeFi protocols across eleven different hacks this month so far, per research firm Chainalysis.
The funding round was co-led by Accel and Quona Capital with participation from Jump Capital and Elevation Capital.
The former cabinet minister is pushing for the government to be more pro-innovation.
Crypto banking and payments platform BVNK has won registration has a virtual asset services provider (VASP) in Spain.
The phishing scam, where people were defrauded out of NFTs worth millions of dollars, was brought to light in August.
Decentraland and Meta’s Horizon Worlds, among others, say they’re popular, but a deep dive into user data indicates that they’ve yet to catch on; Bitcoin trades up slightly as inflation report nears.
A federal judge ruled late Wednesday that LeXpunK Army and the DeFi Education Fund could file friends of the court motions. The crypto advocates want to convince him that the CFTC should identify individual Ooki DAO members, rather than serve them all at once through a website portal.
The official’s comments might be relevant to bitcoin traders, since the largest cryptocurrency’s has proven to be correlated with the dollar’s strength in foreign-exchange markets.
Thursday’s Consumer Price Index is widely expected to show inflation still above 8%. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.
Coinsquare has also been granted license to operate as a regulated alternative trading system (ATS), allowing it to match large, illiquid crypto trades between institutional investors.