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Crypto Startup Slide Raises $12.3M to Connect New Users to Web3 Apps
8.9.2022
Crypto-focused investment firms Polychain Capital and Framework Ventures led the funding round
Ether, Cardano Lead Steep Crypto Slide Amid Dollar Strength
7.9.2022
Some analysts said impending monetary tightening could add to a global rout across major asset classes, including equities and crypto
First Mover Americas: Bitcoin Bounces to $20K as Dollar Recedes From 20-Year High; Equity Futures Slide
29.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 29, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Market Strategist Expects Stock Market to Drop 50% From Here, Says There’s ‘Going to Be No Middle Class Left’
28.8.2022
Following Jerome Powell’s hawkish commentary at the annual Jackson Hole Economic Symposium, major stock indexes, cryptocurrencies, and precious metals slid significantly in value. Over $240 billion was erased from the crypto market and the Crypto Fear and Greed Index continues to slide...
While the Merge Led the Bear Market Rise, Hype Has Been Erased and Ethereum Now Leads the Slide
27.8.2022
With just over two weeks left until The Merge, ethereum’s value against the U.S. dollar has lost all the gains the crypto asset recorded leading up to the hardened date. In mid-August, ether managed to climb above the $2K zone but since then, the second largest cryptocurrency by market...
Crypto Stocks Slide in Pre-Market Trading as Bitcoin Slumps to $21.6K
19.8.2022
Marathon Digital and Riot Blockchain are leading the plunge in crypto stocks today with both facing double-digit moves to the downside
Market Wrap: Bitcoin, Ether Prices Slide for Fourth Consecutive Day
17.8.2022
BTC prices continued to trade down but within a narrow trading range. Bitcoin (BTC) fell 2% on Tuesday, its fourth consecutive daily decline.The largest cryptocurrency by market capitalization has dropped 6% since crossing $25,000 briefly on Aug. 14.Ether’s (ETH) price also tumbled for a fourth...
First Mover Americas: Bitcoin Lower as U.S. Futures Slide; Ether Continues to Steal Crypto Market Share
17.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 17, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Fractional NFT Markets Slide 76% in Value in 7 Months, Diced-up Doge NFT Still Leads the Pack
10.8.2022
When non-fungible token (NFT) collectibles became popular, the fractionalized NFT market grew past the $200 million range seven months ago in December 2021. Since then, the fractionalized NFT market has lost more than 76% in value, dropping to an overall market capitalization of around $50 million....
Bitcoin and Ethereum Gain Bearish Momentum, Altcoins Slide
10.8.2022
Bitcoin price started another decline below the USD 23,500 support zone and moved below the USD 23,000 level. It is currently (04:03 UTC) trading near USD 22,900 and is down over 4% in a day and almost 1% in a week.
Similarly, most major altcoins are gaining bearish momentum. ETH is down 6%...
First Mover Americas: As Bitcoin and Ether Slide, Investors Bet on Ethereum Fork
9.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 9, 2022
Crypto’s Slide Hasn't Bled Into the 'Real Economy,' IMF Official Says
29.7.2022
Antonio Garcia Pascual, deputy chief of the global market analysis division at International Monetary Fund, joined CoinDesk TV to discuss why the crypto contagion hasn’t really spilled over into other markets
Stablecoin Market Cap Slides, BUSD and DAI Valuations Jump, Fiat Tokens Represent 70% of All Crypto Trades
21.7.2022
During the last month, the stablecoin economy’s market valuation dropped from $155.23 billion to $153.34 billion on July 20, sliding roughly 1.21%. The top two stablecoins by valuation, tether and usd coin, have seen their market caps slide over the last 30 days, while BUSD and DAI have seen...
Bank of America Predicts US Recession This Year as Inflation Hits 40-Year High
15.7.2022
Bank of America has forecasted that the U.S. economy will slide into a recession this year. “A number of forces have coincided to slow economic momentum more rapidly than we previously expected,” the bank’s economists said. US Economy Heading Into a Recession This Year, Says...
US Inflation Jumps More than Expected in June; Bitcoin & Ethereum Slide
13.7.2022
Annual inflation in the US hit 9.1% in June, or more than what analysts had expected, and up from 8.6% in May. It reached the highest level in 41 years. (This is a developing story and is being constantly updated).
In a month, prices jumped 1.3%, also more than expected. The so-called annual...
Why Coinbase is banning slide decks and 'endless meetings'
13.7.2022
Coinbase CEO Brian Armstrong is looking for enhanced efficiency from its internal teams, noting that rapidly growing firms often become complacent and slow
Despite the Price Drop, Number of Bitcoin Held on Exchanges Continues to Slide
10.7.2022
Roughly 49 days ago, the number of bitcoin held on exchange was around 2.503 million, according to statistics recorded by cryptoquant.com. Since then, $4.76 billion worth of bitcoin has been removed from centralized crypto exchanges, as there’s 2.275 million held on trading platforms today....
Gorilix (SILVA) Triples in Value As Terra Classic (LUNC) & LUNA Begin to Slide Again
7.7.2022
Less than a month into the Gorilix (SILVA) presale, it has continued to follow its upward trend and has more than tripled in price. The presale opened at $0.008 per SILVA token and is currently trading at a little over $0.0245. The token has continued to maintain the interest of the crypto world...
Software Firm Meitu Lost Up to $52.3M in H1 Due to Slide in Crypto Prices
4.7.2022
The app developer had bought BTC 940.89 and ETH 31,000 in spring of 2021
Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low
3.7.2022
On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022....