3 reasons why Ethereum price could struggle at the $1.9K level (5/16/2023)
Since May 12, Ether’s price has been struggling to sustain its $1,800 support level, as investors face pressures from a worsening crypto regulatory environment and the Ethereum network’s high gas fees. Also negatively impacting Ether’s (ETH) price are three indicators signaling
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Balancer Proposes ‘Permissioned Arbitrage’ to Rescue Inverse Finance’s Frozen Crypto (5/16/2023)
Danny is CoinDesk’s Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.A cadre of decentralized finance (DeFi) protocols are coordinating to rescue about $300,000 in crypto that got frozen during the biggest hack of 2023.The owner of
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Bitcoin is a threat to the energy-use status quo – and that’s a good thing (5/16/2023)
Alexandra DaCosta is CEO of Aspen Creek Digital Corporation (ACDC). Prior to ACDC, she spent 18 years on Wall Street where she was most recently head of ESG and impact investing at Cantor Fitzgerald. Regardless of where you stand on
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Serial Phishing Scammer Uses a Mix of Laundering Techniques, Including Coin Swaps and a Mysterious OTC (5/16/2023)
Anna Baydakova is an investigative reporter with a special focus on Eastern Europe and Russia. Anna owns BTC and an NFT.Scammers have stolen millions in crypto pretending to be HitBTC, a little known crypto exchange founded in 2013, the team
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Algorand (ALGO) Price Turns Positive, Bulls Eyeing Further Gains? (5/16/2023)
Algorand (ALGO) has recovered from the bearish trend seen at the end of February 2023. From February 21 till May 8, ALGO recorded a loss of 45.13%, dropping to a low of $1.592. Despite the crash, buyers still pushed up the
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Top-Rated Bitcoin Slot Sites in 2023: A Comprehensive Guide (5/16/2023)
With the rise of crypto at online casinos, Bitcoin slots are becoming a go-to choice for players worldwide. In this comprehensive guide, we’ll explore the top-rated Bitcoin slot sites you need to sign-up for in 2023, as well as the
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DeFi’s Rising Star: Why Rook DAO Is The Best-Performing Token Of 2023 (5/16/2023)
Rook DAO, a decentralized autonomous organization (DAO) operating in the decentralized finance (DeFi) space, made headlines recently as it executed a “rage quit” that resulted in a significant price surge for its native token, ROOK. The move saw the token’s
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Ledger Bats Back Criticism of New Wallet Recovery Service (5/16/2023)
Sam is CoinDesk’s deputy managing editor for tech and protocols. He reports on decentralized technology, infrastructure and governance. He owns ETH and BTC.Crypto wallet maker Ledger came under fire this week for its new “Ledger Recover” feature, with some posters
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Shiba Inu Event Raises The Bar With A 26,000% Surge In 24-Hour Burn Rate (5/16/2023)
Shiba Inu ‘burns’ dominate headlines in 2023 as more whale addresses participate in the event. Notably, the Shiba Inu community burnt a massive 3.03 billion SHIB tokens in 24 hours. Blaze token currently leads as the top burner on the network. This
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Why Litecoin Is The Most Undervalued Asset in Crypto (5/16/2023)
Litecoin momentum is potentially changing, network usage is skyrocketing, and the cryptocurrency’s halving is ahead. Yet the asset remains drastically undervalued relative to Bitcoin, Ethereum, and other factors. Here is a closer look at why Litecoin could be the most
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Optimism, Scaling Solution for Ethereum, Sets June Date for Biggest Ever Upgrade, ‘Bedrock’ (5/16/2023)
Bradley Keoun is the managing editor of CoinDesk’s Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies. Optimism, a “layer 2” scaling solution for the Ethereum blockchain, set June 6 as the date for its Bedrock
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Historical Crossover Suggests Ethereum (ETH) Top Is In (5/16/2023)
On-chain data shows the Ethereum taker buy/sell ratio has formed a crossover recently that has historically signaled tops in the asset’s price. Ethereum Taker Buy/Sell Ratio 280-Day and 476-Day MAs Have Crossed Recently As pointed out by an analyst in
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MetaWorks to Launch New Blockchain Based NFT Ticketing Solution at Breathe Convention in Las Vegas – Yahoo Finance (5/16/2023)
MetaWorks Platforms, IncNew NFT Ticketing Platform Will Eliminate Scalping and Drive Secondary Market Sales for the Benefit of Artists, Venue Promoters and the FansFairfield, CA., May 16, 2023 (GLOBE NEWSWIRE) — MetaWorks Platforms, Inc. (“MetaWorks” or the “Company”), (CSE: MWRK
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Democratizing The Internet: How Ethereum Enables The Decentralized Web (5/16/2023)
May 16, 2023 by Diana Ambolis 29 The internet has revolutionized the way we connect, communicate, and conduct business. However, its centralized nature poses challenges such as data breaches, privacy concerns, and censorship. Enter Ethereum, a blockchain platform that is
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Origin Protocol Enters Competitive Ether Yield Market With OETH Offering – CoinDesk (5/16/2023)
Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.Decentralized finance (DeFi) project Origin Protocol said it would issue Origin Ether (OETH), an
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All-in-One Web3 Trading, DeFi, P2E Gaming & Metaverse Platform … – Cryptonews (5/16/2023)
Launchpad XYZ has an ambitious vision for the future of web3. The platform envisions constructing an all-in-one hub where users can navigate opportunities in DeFi trading, NFTs, play-to-earn gaming, and the metaverse—and it looks like it will have the resources
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9 Lessons DeFi Companies Would Be Wise To Learn From CeFi Companies – Cointelegraph (5/16/2023)
Pioneers and insiders of the decentralized finance industry strongly believe they are the vanguard of a new and better way to handle financial transactions. Still, it doesn’t mean they have nothing to learn from centralized finance companies. While CeFi has
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What can MicroStrategy do with the Lightning network? – CryptoTvplus (5/16/2023)
MicroStrategy is a business intelligence company that has been involved in the development of the Lightning Network, a layer-2 scaling solution for Bitcoin. Michael Saylor, the former CEO of the company, believes the Lightning Network is essential for the future
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HedgeUp: Crypto Saviour and Revolutionary Defi Platform – Analytics Insight (5/16/2023)
In the fast-paced and ever-evolving world of cryptocurrency, standing out requires more than just an innovative concept. It requires a potent mix of technological sophistication, market intuition, and a robust strategy to bring about meaningful disruption. One such platform that’s
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Will This Be the Key to Unlocking Bitcoin’s Mass Adoption? – The Motley Fool (5/16/2023)
The rise of Bitcoin’s (CRYPTO: BTC) price over the last decade has been primarily the result of retail buyers. While retail investors are more common than their institutional counterparts, institutional investors, such as hedge funds and other financial companies, have
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Bitcoin Miner Cormint Raises $30M Series A to Build Texas Data Center – CoinDesk (5/16/2023)
Eliza Gkritsi is CoinDesk’s crypto mining reporter based in Asia.Bitcoin mining startup Cormint Data Systems raised $30 million in a Series A funding round co-led by its president to build a data center with 2.4 exahash/second (EH/s) of computing power
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OKX follows Binance in enabling support for Bitcoin Ordinals – CryptoSlate (5/16/2023)
What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more ›Connect via Access ProtocolAccess Protocol is a web3 monetization paywall. When users stake ACS, they can access paywalled content. Learn more ›Disclaimer: By
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Massive Bitcoin Withdrawal: $800 Million Vanishes from Exchanges – U.Today (5/16/2023)
Alex DovbnyaRoughly $800 million in Bitcoin has been withdrawn from cryptocurrency exchanges Approximately $800 million worth of Bitcoin has been withdrawn from exchanges, marking the largest pullback this year and the most significant since December, according to blockchain analytics firm
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Here’s Why Memorial Day Could Mark Change In Bitcoin Trader … – CoinGape (5/16/2023)
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Sustainable Bitcoin Protocol Welcomes Peter Wall, Former Argo … – Business Wire (5/16/2023)
Sustainable Bitcoin Protocol Welcomes Peter Wall, Former Argo … Business Wire
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Sustainable Bitcoin Protocol Welcomes Peter Wall, Former Argo … Business Wire
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Bitcoin Lightning company River raises $35M amid ‘new wave of institutional adoption’ – Cointelegraph (5/16/2023)
“We’re seeing another wave of Bitcoin interest, largely driven by business and institutional adoption,” says Alex Leishman, River CEO. “It’s not fueled by hype.” 1130 Total views 12 Total shares The tide might have gone out on Bitcoin Ordinals, but there’s
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Crypto Holders Show Resilience As Wallets With At Least One … – Benzinga (5/16/2023)
Despite the recent downturn in broader markets affecting Bitcoin’s BTC/USD price, the cryptocurrency continues to inspire confidence among long-term holders.According to Glassnode, the count of individual wallets with at least one Bitcoin has surpassed a million.Since February 2022, there has
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What is Blockchain, How Does It Work, and How Can It Be Used? – Analytics Insight (5/16/2023)
In this article, we are going to gaze at the blockchain, how it works, and how it may be used What is a Blockchain? A blockchain is a scattered database or record split between a PC association’s centers. They are
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China invests in blockchain future – Plans to train 500000 experts … – Cryptopolitan (5/16/2023)
China has changed the tide to be one of the leading countries in blockchain technology development. The Chinese government announced the opening of a National Blockchain Research Centre in Beijing, with the goal of training half a million blockchain industry
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‘Trusted’ marketplace sold fake Trezor wallets stealing crypto: Kaspersky (5/16/2023)
Amid the rising popularity of hardware cryptocurrency wallets, the Russian cybersecurity firm Kaspersky has reminded users about the importance of using authentic crypto devices.Kaspersky cyber incident expert Stanislav Golovanov on May 10 reported on an issue with fake hardware wallets
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