The cycles of financial markets, and the cryptocurrency market, in particular, are characterized by a peculiar asymmetry. A bull market usually ends with extreme euphoria, which leads to a short-lived parabolic surge in price. The […]
DeSo was trading around $17.82 at press time on a 25.6% daily jump, with strong spikes immediately preceding and following the platform’s stablecoin announcement at 1:04 PM eastern time Thursday, per CoinGecko. The token has […]
Data shows the Bitcoin 7-day volatility has plunged down recently to pretty low values. Here’s what has historically happened following instances of such a trend. Bitcoin 7-Day Volatility Has Declined To Just 1.6% In The […]
A new court document reveals that former Celsius CEO Alex Mashinsky, former CSO Daniel Leon, and CTO Nuke Goldstein withdrew their crypto before Celsius paused withdrawals in June 2022. A Statement of Financial Affairs submitted […]
However, it’s not all doom and gloom. With weaker miners squeezed out, the survivors are set to thrive, according to Chris Brendler, an analyst at Wall Street investment bank DA Davidson. “Miners with higher power […]
Commodity Futures Trading Commissioner Summer K. Mersinger, joined CoinDesk TV’s “First Mover,” to discuss the implications of enforcement by regulation and why it could be setting a “dangerous” precedent. Source link
Governor Newsom to distribute checks up to $1,050 as a relief against inflation to California residents. How are they going to spend this amount? In late June, The Governor of California, Gavin Newsom, announced a […]
Though declining to address specific numbers on how many have been laid off, a Crypto.com spokesperson told AdAge: “As disclosed in June, Crypto.com underwent a restructuring process that concluded in July to strengthen our position […]
“With xalts, we are building innovative, institutional-grade investment products and solutions which focus on high compliance and control standards – things institutional investors care about,” said xalts Chief Investment Officer Ashutosh Goel, formerly of HSBC, […]
Cryptocurrency adoption in the Middle East and North Africa (MENA) has made it the fastest growing region over the past year, according to a report. Between July 2021 and June 2022, users in MENA-based countries […]
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