The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
A New Bitcoin Mining Pool Claims It Has…
A blockchain and technology company claims its new bitcoin mining pool is embedded with tools that enable the pool to censure transactions in the blocks they mine. According to a statement issued by the DMG,…
Why is Ethereum Dropping While Bitcoin Blitzes Past…
The price of Ethereum is struggling against both Bitcoin and the U.S. dollar again, while BTC is surging with momentum. A similar trend occurred throughout October when BTC rose while ETH stagnated for a prolonged…
Harrowing Figure Highlights How There Isn’t Enough Bitcoin…
Bitcoin is a financial revolution in the making, for numerous reasons. But one of the attributes that give it the most value, is its digital, hard-coded scarcity. With just a 21 million BTC supply to…
First Mover: Bitcoin’s Latest Rally Proving Irresistible as…
Bitcoin was lower, pausing a powerful rally that has seen the largest cryptocurrency jump 25% in October to the highest levels since June 2019. Traditional financial-media outlets like Bloomberg News were writing about it. Prices appeared to…
Bitcoin Futures Funding Rate is Going Negative Even…
The funding rate of the Bitcoin (BTC) futures market is turning negative as the price of BTC surges. The trend indicates that short contracts are getting squeezed as the dominant cryptocurrency rises. The term short…
Ethereum Now Has 1 Out of 3 Pillars:…
The sentiment around Ethereum has not been as strong as Bitcoin in the past two weeks. But over the longer term, researchers expect ETH to perform particularly well in the next bull cycle. The optimism…
Ethereum On Pace to Settle Over $1 Trillion…
The Ethereum blockchain network is on track to settle over $1 trillion worth of transactions in 2020. According to the data from Messari and CoinMetrics, the network settled $989 billion in value year-to-date. Julien Bouteloup,…
Can Github Remove the Bitcoin Codebase? Recent Repository…
On October 23, the Microsoft-owned Github leveraged an ostensible DMCA takedown in order to remove 18 projects from the code-hosting portal. According to sources, the takedown stemmed from a request filed by the Recording Industry…
JPMorgan turns bullish on Bitcoin citing ‘potential long-term…
JPMorgan, the $316 billion investment banking giant, said the potential long-term upside for Bitcoin (BTC) is “considerable.” This new optimistic stance towards the dominant cryptocurrency comes after PayPal allowed its users to buy and sell…
Yearn Finance Founder Blames Social Actors for Role…
Yearn Finance founder Andre Cronje suggests he did not mishandle the Eminence (EMN) project’s economic exploit, which he insists functions well. He accuses certain social actors of creating a story around EMN that caused rational…
Blockchain Bites: Ethereum Power Users, Composability Questions, Staking…
Invest: ethereum economy, a full day of conversation, workshopping and networking around the future of money, is streaming live today until 6:30 p.m. ET. Today’s special edition of Blockchain Bites is covering all the news you need…
Trump COVID Test, BitMEX Charges Bring October Shocks…
U.S. regulators and law-enforcement officials brought charges on Thursday against BitMEX, a Seychelles-based cryptocurrency exchange that has grown in recent years to be one of the industry’s biggest players. According to the U.S. Commodity Futures…
Why traders are not worried that the KuCoin…
Analysts say that the unknown hacker behind the KuCoin breach is selling the stolen ERC-20 tokens on Uniswap. Although selling tokens on the Ethereum-based decentralized exchange allows the hacker to obtain Ether (ETH), it doesn’t…
Market Wrap: Bitcoin Drops to $10.2K; Scaling Solution…
The bitcoin market continues to display weakness; xDai total value locked shows interest in Ethereum scaling solutions. Bitcoin (BTC) trading around $10,285 as of 20:00 UTC (4 p.m. EDT). Slipping 1.8% over the previous 24…
Bitcoin price hits $11,100 wall and drops 6%…
The price of Bitcoin (BTC) brutally rejected the $11,100–$11,300 resistance range with a 6% drop. Following the steep pullback, analysts remain cautiously optimistic toward BTC and the rest of the cryptocurrency market. Analysts have generally…
After 16% drop, traders target $250 Ethereum price…
The crypto market saw a significant correction today and Ether (ETH) price did not escape the carnage. In the last 24 hours, the top altcoin recorded a 12% drop as the price fell to $331.…
“Unusual” BTC Miner Outflow Could Behind Today’s Bitcoin…
Bitcoin as a cryptocurrency underpinning a blockchain network secured by miners leaves the asset’s price susceptible to sell pressure from the very parties that keep it chugging along. It very well could be BTC miners…
Analyst Sees Ethereum in “Reversal Stages” as Price…
Ethereum is on the track of registering more losses eves as it trades 196 percent higher on a year-to-date timeframe. A pseudonymous analyst highlighted a string of technical and fundamental catalysts that could push the…
First Mover: Federal Reserve Does What It Wants…
Every time the Federal Reserve meets, it’s important to remember that the only real monetary policy tradition at the 107-year-old institution is that a bunch of people will get together and talk about markets and the economy and…
Bitcoin price finally breaks $11K as traders assess…
The price of Bitcoin (BTC) broke above $11,000 at last, after 13 days within a tight range. But this time, the market dynamic is different because Ether (ETH) and most decentralized finance tokens are declining. …
Bitcoin whale cluster at $10,570 is the most…
According to Whalemap, an on-chain analysis firm that focuses on Bitcoin (BTC) whale activity, short-term clusters are present at $10,570. Whale clusters are shown at $10,570 and $11,288 for Bitcoin. Source: Whalemap Whale clusters form…
SLP Trading Platform Cryptophyl Plans to Change Into…
The U.K.-based Simple Ledger Protocol (SLP) exchange Cryptophyl is closing its doors in order to restructure into a decentralized finance (defi) platform. Cryptophyl has revealed the trading platform will officially go offline on September 21…
On-chain data signals increasing Bitcoin activity — But…
According to CryptoQuant CEO Ki Young-Ju, over-the-counter (OTC) Bitcoin (BTC) deals might be occurring in a way that is similar to the pattern seen in February 2019. According to the on-chain analyst, this is historically…
First Mover: Bitcoin Acts Like a Tech Stock…
You’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team and edited by Bradley Keoun, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never…
Even Bitcoin Fundamentals Are Hinting At a Significant…
Bitcoin just had its largest 48-hour pullback since May 2020, back when the asset’s halving took place. The drop in price has the cryptocurrency now trading below a key fundamental level. A deeper dive into…
New Exchanger for Cryptocurrencies From Swep.io: Speed, Convenience…
A team of professional developers from Estonia is launching a new crypto exchanger Swep.io. Being extremely enthusiastic about making a name on the market Swep.io team has serious plans on improving and adding features into…
Why Are Bitcoin Miners Moving An “Unusually” Large…
Bitcoin is an asset unlike any other. Not only are prices impacted by normal market participants buying and selling, but miners powering the underlining network with massive BTC reserves can also have an even greater…
Huge Ethereum buy wall sends ETH to a…
As the price of Ethereum’s Ether (ETH) surpassed $450, a huge buy wall on the major cryptocurrency exchange Bitfinex emerged. Shortly thereafter, ETH achieved $270, a 19-month high against Bitcoin (BTC). The price of Ether…
Record-high Bitcoin whale population is bullish for BTC…
In recent weeks, the number of Bitcoin (BTC) addresses holding over 1,000 BTC — often referred to as “whales” — rapidly increased to around 2,088. This trend started shortly after Bitcoin price crashed to $3,600…
Record high Bitcoin whale population is bullish for…
In recent weeks, the number of Bitcoin (BTC) addresses holding over 1,000 BTC — often referred to as “whales” — rapidly increased to around 2,088. This trend started shortly after Bitcoin price crashed to $3,600…
Bitcoin Bull Market Things? 3 Factors Suggest More…
The price of Bitcoin (BTC) has increased from $9,088 to $11,800 since July 1 by more than 30%. With it, the volume of top-tier cryptocurrency exchanges has surged to a staggering $334 billion. A report…
First Mover: Litecoin and Mimblewimble, Ether Futures, Chainlink,…
Price Point Bitcoin was mostly subdued over the weekend, staying in its recent range between $11,000 and $12,000. Ether, trading around $430, is looking to extend a run of four straight weeks of gains during…
Litecoin Gets Bullish Speculation, at Last, as Upgrade…
The cryptocurrency litecoin is often referred to as the silver to bitcoin’s gold. This year, litecoin investors might have been better off staying in the analog world: While bitcoin has gained twice as much as…
LocalCryptos Integrates Inbuilt Crypto-To-Crypto Exchanges, Powered by ChangeNOW
Government-Owned Swiss Bank Launching Crypto Trading and Custody Services Basler Kantonalbank (BKB), Switzerland's eighth-largest bank, is getting into crypto through its subsidiary, Bank Cler. Owned by the Swiss Canton of Basel-City, BKB has total assets…
How 51% Attacks Crippled This Ethereum Crypto Offshoot
This past week Ethereum Classic suffered not one, but two 51% attacks. The culprits were able to make off with millions as a result. While this doesn’t directly cause the underlying network to slow, due…
$5.6 Million Double Spent: ETC Team Finally Acknowledges…
The Ethereum Classic (ETC) blockchain network lost $5.6 million to one miner following a 51% attack initially thought to be a chain split. During the attack, the offending miner managed to double-spend 807,260 ETC ($5.6…
Chainlink Rival Band Protocol Surged 65% Overnight —…
Band Protocol (BAND), a rival blockchain network to Chainlink (LINK) — which is also at an all-time high — surged by 65%. Within 24 hours, BAND rose from $4.825 to $8, setting a new record…
First Mover: Ethereum’s Transition to Staking Could Push…
Ethereum’s biggest-ever upgrade is supposed to make the blockchain network faster and more efficient. But the new “staking” system could lock up so many of the network’s native ether tokens that investors who want to…
Single Miner Reorgs Ethereum Classic – Devs Report…
Members of the Ethereum Classic team reported that the network suffered a reorganization (reorg) today. The blockchain network is asking service providers to halt deposits while it carries out maintenance of the chain. The latest…
Ether Price Hits 2020 High: Key Reasons Why…
The price of Ethereum (ETH) has reached a new yearly high at $322, surpassing the previous high achieved in February 2020. Three key catalysts are seemingly behind the ETH rally. Since early 2020, the anticipation…
First Mover: Crypto’s $35T Moment Could Come From…
The stock market isn’t usually considered an ally of cryptocurrencies, but with the big U.S. exchange Coinbase now rumored to be considering a share listing, some digital-asset industry insiders say a move toward more public ownership could accelerate…
Ethereum Active Addresses Rise Twofold as Price Breaks…
The number of active Ethereum addresses rose by 100 percent in 2020, according to data fetched by Messari. The volume picked momentum on signs of growth within the decentralized finance sector (DeFi). Meanwhile, the ETH/USD…
DeFi Crypto BAND Explodes 384% QTD on Booming…
BAND, the native token of the Band Protocol, rose by as much as 384 percent in the third quarter. The supersonic price rally appeared amid the ongoing DeFi craze – and also following Band’s growth-oriented…
Chainlink Rising Active Addresses Point to Bullish Continuation:…
Chainlink’s native token LINK slipped about 10 percent a day after establishing its all-time high at $8.53. The downside correction, nevertheless, failed to dismiss the prevailing bullish sentiment as LINK rose by more than 10…
Self-Healing Blockchains Are Cure for Sharding’s Scalability Woes
The world is eagerly waiting for a next-generation, high-performance, permissionless blockchain, and this blockchain should be able to industrially scale all decentralized applications. So far, the crypto community has witnessed: Peer-to-peer blockchain networks that use…
Bitcoin Hash Ribbon Signal Confirms ‘Great Bull Run,’…
According to a digital asset investment firm executive Charles Edwards, a “Hash Ribbon” buy signal has just gone off. The daily candle close of Bitcoin (BTC) price on July 13 above $9,250 confirmed it, he…
New ‘Altseason’ Visualized: Top 10 Cryptos Outperforming Bitcoin
Alternative cryptocurrencies, or altcoins, have started to record large gains across the board. Some small-cap coins have seen triple-digit percentage gains in recent weeks. But several larger-cap cryptocurrencies have also been posting serious gains such…
Fueling the Cannabis Industry: US Crypto Lending Service…
Chicago-based lending firm Ceres recently filed for a request to conduct a Reg. A sale in order to get approval from the U.S. Securities and Exchange Commission (SEC). Ceres wants to launch a token that…
Five Key Numbers Paint an Optimistic Picture For…
Ethereum has had a solid year so far, backed by an apparent increase in user activity and demand for ETH. Five crucial metrics portray the optimistic medium-term outlook on the dominant smart contracts blockchain network.…
3 Reasons Cardano (ADA) Suddenly Surged by 85%…
The price of Cardano (ADA) increased from $0.074 to $0.137, by more than 85% in less than two weeks. It surpassed Bitcoin SV (BSV) to become the sixth-largest cryptocurrency by market capitalization. Cardano surpasses Bitcoin…
Report: $300B Worth of Food Will Be Traced…
Blockchain technology and the Internet of Things (IoT) can solve some of the food industry’s most pressing challenges and save it $100 billion a year, according to a recent report by Cointelegraph Consulting and VeChain. The…
Research: Bitcoin Volatility Reaches 1-Year Low, May Hint…
According to Skew, the implied volatility of Bitcoin reached a 1-year low at 46%. The last time BTC’s volatility reached such a low point, a big price movement followed. Researchers said: “BTC 1month ATM Implied…
Bitcoin Price Rally by 2021 Looks Likely From…
The price of Bitcoin (BTC) has been bouncing in the range between $8,600 and $10,000 for the past two months. BTC has shown little volatility since May, following a critical rejection at $10,440. However, five…
3 Reasons Why Bitcoin Price Recorded Its Third…
The price of Bitcoin (BTC) recorded its strongest Q2 performance in history following a massive plunge on March 13 when the price dropped below $3,600 before eventually pushing above $10,000 over the next three months.…
Cybercriminals Use the Blockchain to Relay Secret Messages
A group of researchers from SophosLabs state that hackers operating the cryptojacking malware, Glupteba, have been using the Bitcoin blockchain network to communicate in secret. According to the report published on June 24, cybercriminals rely…
Virtual Economies Gear up the Gravy Train in…
Virtual economies based on blockchain technology are starting to emerge as one of the biggest upcoming trends in gaming, gaining more traction with investors, gamers and developers alike. The use of nonfungible tokens, or NFTs,…
Bitcoin Price Volatility Expected as 10% Mining Difficulty…
Bitcoin’s mining difficulty is set for a minimum increase of 10% in the 3 days, according to data from BTC.com. That means the cost to mine Bitcoin(BTC) will increase significantly in a short period of…
Bitcoin Price to Hit $12K or $8K Next?…
The price of Bitcoin (BTC) is still struggling to break out above $10,000 following three failed attempts over a 36-day period. Traders remain mixed on the short-term price trend of BTC as macro indicators suggest…
Rising Hashrate Signals End of Bitcoin Capitulation; Price…
Bitcoin hashrate jumped 23 percent since May 26, signaling more miners are resuming operations on the cryptocurrency’s blockchain network. The rally also continued as Bitcoin’s mining difficulty dropped by over 9 percent on June 4.…
First Mover: Chainlink ‘Marines’ Are HODLing and Here’s…
Bitcoin is so speculative and volatile that it doesn’t deserve to be considered an asset class, according to Goldman Sachs. Diving deeper into the realm of the more than 5,000 cryptocurrencies in existence, things get even more speculative…
Ahead of Ethereum 2.0 Launch, 3 Key Metrics…
The Ethereum developer community is nearing the launch of Ethereum 2.0, a major multiyear milestone for the blockchain network. Ethereum 2.0 will mark the start of a shift from the miner-reliant proof-of-work consensus algorithm to…
Crypto Traders Explain Where Bitcoin Price Can Go…
The price of Bitcoin (BTC) tested $10,000 a total of five times in the past 11 days. The price action can be considered as a bullish or a bearish trend based on varying perspectives. The…
First Mover: Bitcoin Difficulty Adjustment Feels Like Post-Halving…
At its core, the Bitcoin blockchain is a sprawling global machine – a human-created network of human-operated computers. And for bitcoin traders, it's bullish that key events on the blockchain network over the past couple weeks have gone…
Veteran Investor Says Bitcoin Price Surge to $467,000…
Raoul Pal, the CEO and founder at Real Vision, believes the price of Bitcoin (BTC) can reach $476,000 in the long-term. Pal is not alone in this belief as hedge fund managers like Morgan Creek…
Bitcoin Price Chart Fractal Seen in 2019 Hints…
Bitcoin (BTC) price is portraying a similar trend seen in April 2019, when BTC surged from $5,000s to $14,000 within two months. Based on the similarity of the price action, there is a possibility that…
First Mover: Derivatives May Have Blunted the Halving’s…
Checking CoinDesk’s Bitcoin Price Index, you’d be forgiven for not seeing evidence that one of the largest events in the cryptocurrency industry's history had taken place fewer than 48 hours ago. Wizened crypto greybeards (a status that really only…
First Mover: Dull Bitcoin Halving Salvaged By Satoshi…
Bitcoin's halving, the subject of amped-up buzz, hype and speculation since late 2019, proved anticlimactic on Monday as prices slid for a third straight day and the blockchain network slowed to a crawl. Industry executives on a CoinDesk…
First Mover: Bitcoin’s ‘Halving’ Is Coming Even Sooner…
Bitcoiners planning around next week's "halving" on the blockchain network need to keep checking their countdown clocks: Every time they look, it seems it's coming a little sooner. Last week, Michael Maloney, chief financial officer of Coinmint LLC, a Puerto Rico-based cryptocurrency…