Bitcoin Holding Above $26K Is ‘Remarkable’ as Equities Take a Hit. What’s Next for BTC’s Price?
The 200-week and 200-day moving averages converge at $27,800, acting as an obstacle to further BTC price gains.
Google Cloud Pushes Deeper Into Blockchain Data, Adding 11 Networks Including Polygon
Google’s cloud-computing business has stored historical data on Bitcoin since 2018, claiming the service provides faster access than can be obtained directly from the blockchain.
Ether Turns Inflationary as Network Revenue Plunges to 9-Month Low
ETH has given up its deflationary status as network fees are falling, putting pressure on the price of the second largest cryptocurrency.
First Mover Americas: Bitcoin Vapid; Toncoin Leads Weekly Gains
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Web3 Adventure Game Big Time Poised to Kickoff Its ‘Player-Owned Economy’
During the last year of beta testing, the crypto and NFT-focused game’s community has grown to over 350,000 people on Discord and over a quarter million on X (formerly Twitter).
CFTC Denies Kalshi’s Plan to Let Users Bet on Control of U.S. Congress
Regulators said the plans weren’t in the public interest, after a court squabble involving rival service PredictIt
European Crypto Asset Manager CoinShares to Enter U.S. Hedge Fund Fray
CEO Jean-Marie Mognetti described the move as “a natural progression”, given the “changing macro environment prominently marked by interest rates and inflation.”
Dogecoin Beats Bitcoin in Price Stability Amid Crypto Trading Lull
DOGE’s new-found stability reflects a lack of investor interest in trading alternative cryptocurrencies.
Japanese Exchange GMO to Offer XRP Users Yen for Delayed Songbird Airdrop
The handouts are part of a token airdrop whose snapshot took place in 2020.
Ethereum’s Shanghai Upgrade Has Failed to Boost Network Activity, JPMorgan Says
Daily transactions, daily active addresses and total value locked on the blockchain have all fallen since the upgrade, the report said.