Category: Bitcoin

Protocol Village: Babylon Unveils Bitcoin Staking Protocol for Cosmos Ecosystem

October 2, 2023CryptoLeave a Comment

The latest in blockchain tech upgrades, funding announcements and deals. For the week of Oct. 2-8, with live updates throughout.

First Mover Americas: Circle Argues Stablecoins Aren’t Securities in Response to SEC’s Binance Lawsuit

September 29, 2023CryptoLeave a Comment

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Holding Above $26K Is ‘Remarkable’ as Equities Take a Hit. What’s Next for BTC’s Price?

September 22, 2023CryptoLeave a Comment

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

September 22, 2023CryptoLeave a Comment

“Over the past 18 months we’ve been investing in this space, we’ve continued to hire, we’ve continued to grow not only our business development and our go-to-market teams but also our product and engineering capabilities,” James Tromans, global head of Web3, Google Cloud, told CoinDesk TV in an interview last week. “We’re really beginning to […]

Bitcoin Price (BTC) at $26.4K Set for Weekly Gain, but Rallies Might Continue to be Sold

September 15, 2023CryptoLeave a Comment

“The Franklin Templeton-news was released as prices neared $25,100, coinciding with when the market became aware of BlackRock’s Bitcoin ETF filing in June,” Matrixport noted in a market update on Telegram. “Hence, this $25,000 level is of the utmost importance now, and appears to be fortified by news affecting prices.”

Large Bitcoin Holders Accumulate $1.5B Worth of BTC as Price Wavers

September 1, 2023CryptoLeave a Comment

The accumulation by BTC whales suggests optimism among large investors, IntoTheBlock’s head of research noted.

Bitcoin Dips Below $26K, Smaller Cryptos Head Lower on Fed's Powell's Hawkish Remarks

August 25, 2023CryptoLeave a Comment

Federal Reserve chair Powell speaking at Jackson Hole doubled down on keeping financial conditions tight, including hiking interest rates further if needed.

Crypto Market Selling Pressure Should be Over Soon, JPMorgan Says

August 25, 2023CryptoLeave a Comment

The correction in crypto markets in August, “which reversed the post Securities and Exchange Commission (SEC) versus Ripple court decision rally” can be partly credited to the “broader correction in risk assets such as equities and in particular tech, which in turn appears to have been induced by frothy positioning in tech, higher U.S. real […]

Bitcoin (BTC) Price Stays Flat Over Weekend; XRP, LTC Buck Trend as Shiba Inu (SHIB) Extends Loss

August 21, 2023CryptoLeave a Comment

As of Asian afternoon hours, the bitcoin (BTC) price remained steady at over $26,000, with ether (ETH) little changed from Sunday’s $1,670. Xrp (XRP) lost some 2% while litecoin (LTC) rose 2%. The two were the only ones among majors to buck a flat-market trend.

The Secular Investment Case for Bitcoin and Crypto Adoption Remains Intact: Coinbase

August 15, 2023CryptoLeave a Comment

“Bitcoin is not only a technologically innovative instrument but a financially innovative one,” the note said, and what distinguishes BTC as a financially innovative instrument is that it is a “globally accessible, decentralized supranational asset with a fixed supply.”