Bitcoin Tumbles From Multi-Month High on DOJ Worry, Hawkish Fed
Bitcoin has slumped back to $20,880 just hours after surging to a four-month high of $21,550.
Crypto
Digital Dollar Project Warns on US Cautious Approach to CBDCs
The DDP’s white paper called the U.S.’s approach to CBDCs an “unsustainable position.”
ConsenSys Confirms Job Cuts; CEO Lubin Touts a Win for Decentralization Over ‘Ridiculous’ CeFi
The cuts will impact a total of 100 employees, which represents 11% of ConsenSys’ total workforce, wrote CEO Joe Lubin in a blogpost
Bitcoin sees new 4-month high as US PPI, retail data posts ‘big misses’
A further boost to crypto markets precedes the Wall Street open, but order books are warning of “fading” upside.
Justice Department to Announce Major International Crypto Enforcement Action
The department will hold a press conference at noon Eastern Time.
How Social Media Influencers Fed Bankman-Fried’s Cult of Personality
Creators took money that was likely stolen from FTX customers to promote a Ponzi scheme. If they truly care, they should take the money they received from FTX and either return it to the bankruptcy estate or donate it all to charity.
Bitcoin Erases Entire FTX-Related Decline in Latest Surge
Wednesday morning gains for the crypto came after soft U.S. economic numbers suggested the possibility for easier monetary policy.
NFT Collection NimTeens Explores Just How Fast the NFT Space Moves
The new NFT collection created by generative artist Bryan Brinkman, one of the first 10 creators on Art Blocks, is a creative commentary on the rapid maturity of the NFT space.
WEF 2023: CBDCs need to find a ‘real problem’ to solve, says SARB governor
The central bank governor highlighted that the South African Reserve Bank would rather follow than become a first mover in retail CBDCs.
Fintech Firm Arch Starts Crypto Lending Product, Raises $2.75M
The fintech startup plans to allow other alternative assets as collateral in the future.
Crypto miner explains how Bitcoin mining stabilizes grids
Hut 8 CEO, Jaime Leverton explains how Bitcoin mining can stabilize grids, create jobs and generate tax revenues in an exclusive Davos interview.
SHIB price preps for 75% boom as Shiba Inu teases L2 blockchain launch
Shiba Inu traders are in FOMO with the Shibarium launch but it might not be the best time to buy SHIB yet.
21Shares debuts crypto staking ETP on BX Swiss exchange
21.co director of ETP Product Arthur Krause emphasized that the 21Shares Staking Basket ETP does not engage in lending.
First Mover Americas: Crypto Winter Chills at Digital Currency Group, Coinbase
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 18, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
DeFi-Focused Startup Blue Comes Out of Stealth With $3.2M Raise
The young company is an alum of Binance’s Most Valuable Builder (MVB) and Chainlink’s incubator program.
Ethereum price technicals hint at 35% gains versus Bitcoin in 2023
Ethereum market dominance has doubled since the lunch of its staking contract in December 2020 as ETH price eyes levels not seen in five years versus Bitcoin.
What Ethereum Tech Trends Are Weathering the Bear Market?
Zero-knowledge, staking and MEV are among the core tech concepts that have continued to attract attention amid the market slump. Valid Points is CoinDesk’s weekly newsletter breaking down Ethereum’s evolution and its impact on crypto markets.
DeFi should complement TradFi, not attack it: Ava Labs CEO | Davos 2023
The co-founder and CEO of Ava Labs spoke with Cointelegraph at the World Economic Forum in Davos, Switzerland, on the future of DeFi and TradFi as two industries with merging value systems.
DeFi Service Frax Finance Gains Momentum Amid Ether Staking Narrative, FXS in Focus
High yields on Curve-related pools have attracted millions of dollars worth of ether to Frax in the past few weeks.
Thailand SEC Issues Regulations for Crypto Custody Providers
The regulations offer policy guidance regarding the management of digital wallets and keys.
Will Bitcoin price crack $22K? Dollar weakness, Bank of Japan easing boost hopes
No change in central bank policy from Japan caused ruffled feathers in forex markets, but Bitcoin remains tied to a trading zone near two-month highs.
EU postpones final vote on MiCA for the second time in two months
The final vote was delayed due to issues in the translation of the 400-page legal document.
Coinbase Confirms it is Halting Operations in Japan
Customers have until Feb. 16 to withdraw their fiat and crypto holdings from the exchange.
What are perpetual futures contracts in cryptocurrency?
A perpetual futures contract does not have an expiration date and aims to profit from the non-delivery of the actual commodity.
DeFi Protocol Thena Sees Total Value Surge to $90M in a Week
Thena, a liquidity layer and decentralized exchange (DEX) on the BNB chain, has experienced an uptick in total value locked (TVL) from $5 million to $90 million since its launch last week.
Coinbase stops Japan operations amid trading slump
Coinbase crypto exchange originally started planning its Japanese expansion during the bear market in 2018.
Crypto Observers Maintain Risk On Bias as US Debt Ceiling Nears
The debt ceiling refers to the maximum amount of money the U.S. government can borrow by issuing bonds.
CFTC commissioner calls for global industry standards in crypto regulation
CFTC commissioner Caroline Pham said that there are advanced discussions on global standards happening outside of the United States.