Gradually, Then Suddenly: Mastercard, BNY Mellon, Amazon, Twitter Poised to Join the Bitcoin Party

Dwindling "exchange stablecoins ratio" points to declining selling pressure in the BTC market, CryptoQuant said. Supply of the top two stablecoins, USDT and USDC, continues to rise. Bitcoin (BTC) has quickly recovered to nearly $60,000 after a debacle last week that saw prices drop below $50,000 at one point. The recovery may have legs, as

news LocalBitcoins has officially shut off service for Iran-based users, a move that follows weeks of rising rial trading volumes on the platform. The Helsinki-based peer-to-peer exchange has not explicitly said why Iranians are suddenly being cut off from its service, though U.S. sanctions are almost certainly the cause. News of the move first circulated across…

Presales have gained popularity in the crypto market, with many projects raising millions of dollars based on simple X posts even in the absence of a working product.The trend was fueled by the success of Book of Meme (BOME), which turned a few hundred dollars into hundreds of thousands in paper gains for early investors.The

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Featured SpeakerYat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future with this pioneering investor in the metaverse and NFTs.Cam Thompson is a news reporter at CoinDesk.Featured SpeakerYat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future with this pioneering investor in the metaverse and…

A court in Podgorica, the capital of Montenegro, has approved the extradition of Terra founder Do Kwon to either South Korea or the United States, according to an update posted on the judiciary's website.Kwon was arrested in the country in March after being caught in Podgorica's airport with falsified documents.The final decision on the extradition

The Securities and Exchange Commission (SEC) stopped a Wyoming-based decentralized autonomous organization (DAO) from registering two digital tokens as securities, the agency said on Wednesday.In the announcement, the SEC’s Enforcement Division alleged that on Sept. 16, American CryptoFed “filed a materially deficient and misleading registration form known as a Form 10, which purported to register…

Wouldn't it be nice to earn interest on your crypto holdings? Especially in a down market, those hodling crypto would love that. And ethereum-based startup Compound is launching a product to do just that. Revealed exclusively to CoinDesk, Compound's platform for allowing crypto enthusiasts to make their holdings available for short-term loans, in turn, earning…

One of the more challenging aspects of investing is thinking about events and the expectations of price movements around them. What we saw last week in the crypto market after the U.S. Securities and Exchange Commission (SEC) took action against Binance and Coinbase was a perfect example.Specifically, how do you explain the broad market sell-off…