Bitcoin eyes ‘textbook’ bottom as $16K whale cost basis comes into play
The price paid for “whale coins” is revealed as a potential new bear market bottom zone for BTC.
Crypto
TrueFi issues first default notice on $3.4M BUSD loan
TrueFi does not expect Blockwater Technologies’ default to affect its stablecoin lending pools or capital market portfolios.
Bitcoin and Ether Fall Slightly as Macro Clouds Loom Over Market
The market downturn is likely influenced by some de-risking ahead of Thursday’s release of Consumer Price Index inflation, one crypto analyst says.
Formula One files ‘F1’ trademarks covering crypto, NFTs and Metaverse
The racing competition has plans to set up an online marketplace for cryptocurrency, meta tokens, digital collectibles, crypto-collectibles and NFTs.
DefiLlama founder moves to NFT lending to tackle liquidity constraints
The anonymous creator, 0xngmi, has developed a new protocol allowing users to become liquidity providers for their nonfungible token collections.
Record Number of Brazilian Companies Bought Crypto in August
According to the South American country’s tax authority, 12,053 companies reported purchasing crypto in the month.
Bitcoin traders expect sharp volatility, here’s how to profit from it
Multiple on-chain and technical analysis metrics suggest the crypto market is in for a sharp price move. Here is a strategy pro traders use to profit from volatility.
Paul Tudor Jones says he still has Bitcoin exposure amid market downturn
With a reported net worth of roughly $7.5 billion, the veteran hedge fund manager said he still has a “very minor allocation” of Bitcoin.
Binance Exec: BNB Smart Chain Hack Could Have Been Worse if Validators Hadn’t ‘Sprung Into Action’
Patrick Hillmann, chief communications officer at crypto exchange Binance, joined “First Mover” to discuss last week’s $100 million exploit and how validators prevented the worst case scenario.
Lawmakers Overwhelmingly Back EU’s MiCA Crypto Law in Committee Vote
The landslide support paves the way for the landmark crypto licensing regulation to take effect as of 2024.
Main hacker in Transit Swap exploit agrees to return remaining funds
Under the agreement, more than $2 million would be returned to Transit Swap users.
Crypto Funds Witness Minor Outflows – but It’s Bullish, Actually
The majority of outflows were from “short” investment products, or those betting on price declines, according to CoinShares. It might be a sign that bearish sentiment is dissipating.
Cardano founder points out flaws in Ethereum and Bitcoin
Charles Hoskinson, the founder of Cardano, shares his critical views on the two leading cryptocurrencies in an exclusive Cointelegraph interview.
Polygon’s zkEVM Public Testnet to enable smoother Ethereum migration
DeFi protocols Aave and Uniswap, along with other projects, will be among the first projects to deploy on the zkEVM testnet.
Ethereum Scaling Tool Polygon Launches its zkEVM Public Testnet
The company continues to be targeting the mainnet going live sometime in early 2023.
Bitcoin price poised for ‘very big move’ as CPI due to spark volatility
BTC price action may stay cool until October 12, one analyst argues, as a historical volatility indicator prints a rare warning signal.
OECD Releases New Global Tax Reporting Framework for Crypto Assets
The framework’s scope will include stablecoins, crypto derivatives and certain NFTs.
Crypto Services Firm Luxor to Offer Derivatives for Bitcoin Miners to Hedge Risk
The new product will be based on “hashprice,” a term coined by Luxor to refer to the revenue miners earn from a unit of hashrate.
BNB Chain to boost European Web3 startups with DApp incubator program
The incubator program focuses on EU-based startups building the next generation of Web3 consumer experiences with an emphasis on accessibility and scalability.
Bitcoin: dificultad de minería alcanza su máximo histórico y ejerce mayor presión sobre mineros
El indicador de dificultad aumentó 13,55% desde el último ajuste, efectuado hace aproximadamente dos semanas, lo que supone el mayor movimiento desde mayo de 2021.
Demand for talent in crypto less dependent on market as industry matures
Historically, bear and bull market cycles in crypto tend to correlate with the amount of talent that enters the space.
Investing in Web3: Culture and Entertainment
A simple strategy for where to put your money is to look at your passions, hobbies and obsessions.
DeFi for the Masses
Valentin Pletnev of Quasar Finance wants to democratize access to sophisticated transactions in decentralized finance.
Reuniting Borrowers and Lenders
Morpho is an Ethereum application bringing peer-to-peer to lending to protocols like such as Aave and Compound. Paul Frambot is the co-founder.
Not a minor adjustment: Bitcoin mining difficulty soars 13.5% to new ATH
There is no bear market for the builders of the Bitcoin network as more and more Bitcoin miners are joining the network, driving up the difficulty.
Bitcoin Mining Difficulty Surges to All-Time High, Putting Additional Squeeze on Miners
Bitcoin mining difficult has soared by 13.55% to 35.6 trillion, its largest one-day rise since May, 2021, according to data from btc.com.
First Mover Americas: Bitcoin Stable Around $19K as Inflation, Earnings Haunt Traditional Markets
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 7, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.