Cryptocurrency Outlook Is Strengthened by U.S. Banking Turmoil: Coinbase

Sep 21, 2020 at 20:21 UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Dips to $10.1K, Ether Drops to $330 on Sell-Off SessionBitcoin and ether both dropped Monday as global markets conducted a selling session. Bitcoin (BTC) trading around $10,492 as of 20:00 UTC (4 p.m. EDT). Slipping 3.6% over the previous 24 hours.Bitcoin’s 24-hour range:…

Non-fungible token (NFT) enthusiasts have faced existential angst in 2023. In September, researchers dappGambl said 95% of NFTs may now have practically no value.But, Pudgy Penguins, with 25-year-old entrepreneur Luca Schnetzler at the helm, has weathered the crypto winter and established itself as a beacon of hope for digital collectibles.This profile is part of CoinDesk's

This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesDecentralized crypto exchange Uniswap received a notice from the U.S. Securities and Exchange Commission that it intends to pursue an enforcement action, the company said Wednesday.

Digital Currency Group (DCG) in a letter to investors Monday morning reported results for the fourth quarter and fiscal 2023. Full text follows.We are pleased to share our Q4 2023 Investor Report, which includes details regarding DCG’s financial performance and notable business developments. With a rally in crypto asset prices that kicked off this year

news AnChain.AI, a blockchain APT hacker group that provides AI-powered blockchain ecosystem security, according to CBInsights, released a report showing that the equivalent of $6 million in transaction volume was driven by rampant, malicious bot activity on Dapps in the first quarter of 2019. The report — the largest-scale study of malicious bots in the…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.A contender to be the prime minister of Thailand is promising every citizen 10,000 Thai Baht (approximately $300) in digital currency if his party forms…

news Cryptocurrency exchange Gemini announced Monday that it has added “full” support for segregated witness (SegWit), an important bitcoin code change that paves the way for scaling improvements. While many bitcoin companies have adopted SegWit to some degree, Gemini is unique in it’s the largest bitcoin exchange thus far to roll out support for “native…

The U.S. inflation rate as measured by the Consumer Price Index (CPI) slipped to 3.0% on a year-over-year basis in June from 4.0% in May, according to the Bureau of Labor Statistics (BLS), and versus expectations for a dip to 3.1%. On a monthly basis, the CPI was higher by 0.2% in June versus 0.1%…

Less than 24 hours before the U.S. Federal Reserve likely resumes its hawkish, monetary path, popular bitcoin was plodding along just above its freshly established $29,000 support.Other cryptos slogged through an equally dispiriting Tuesday with DOGE the one exception, rising by more than 8% over the past 24 hours, most of the gains occurring after…