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   Business News    Financial News   Financial News

  Posted by u/ 11 months ago

Nike-RTFKT NFT Collections Generate $1.4 Billion in Trading Volume

NFT collections by Nike and RTFKT have seen $170 million in earnings and a whopping $1.4 billion in trading volume in two years.

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  Posted by u/ 11 months ago

NFT Sales Spike to $129M in November, with Blur Leading the Charge: Nansen

Digital collectible sales are skyrocketing after months of a downtrend. According to blockchain analytics firm Nansen AI, the non-fungible token (NFT) ecosystem has seen a remarkable increase in sales volume in the past five weeks.

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  Posted by u/ 11 months ago

Bitcoin Tops $35K as These Altcoins Skyrocket: Market Watch

The cryptocurrency market is well in the green throughout the past 24 hours, with BTC's price pushing above $35K.

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  Posted by u/ 11 months ago

China ?does not want to miss out?: Community reacts to HK spot Bitcoin ETF news

Despite regulatory clarity, Hong Kong has failed to pick up the pace regarding futures-based cryptocurrency ETFs so far.

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  Posted by u/ 11 months ago

Bitcoin price reclaims $35K ? Will ATOM, UNI, NEAR and AXS rally next?

Bitcoin recaptured a key price level and a handful of altcoins look poised to breakout.

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  Posted by u/ 11 months ago

China?s BTC Digital Bolsters Bitcoin Mining Capability with 220 Units ? Crypto Mining Making a Comeback?

BTC Digital, a Chinese Bitcoin mining firm with operations in the US, has announced the purchase of 220 mining machines, bolstering its Bitcoin mining capabilities.

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  Posted by u/ 11 months ago

Bitcoin?s Price Surge Fails to Entice Former Day Traders

Bitcoin price resurgence isn't luring back the retail traders who thrived on its past volatility. With a market in flux post-FTX collapse, day traders are hesitant to re-enter, signaling a shift in the Bitcoin trading landscape.

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  Posted by u/ 11 months ago

Bitcoin Bull Market Patterns Start to Appear: Bitfinex Alpha

Long-term Bitcoin holders are standing firm despite market excitement.

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  Posted by u/ 11 months ago

Pro Traders Are Avoiding Crypto Markets Despite Strong Performance

Though Bitcoin is up, volatility is low, and opportunistic market inefficiencies aren?t what they used to be.

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  Posted by u/ 11 months ago

FTX Seeks Bankruptcy Court Approval to Sell $744 Million Worth of Trust Assets, Including Grayscale and Bitwise Funds

Bankrupt cryptocurrency exchange FTX and its debtors have sought approval from the bankruptcy court of Delaware to sell select trust assets, including funds from Grayscale and Bitwise, with an estimated value of $744 million.

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  Posted by u/ 11 months ago

Monero?s Security Breach Drains Entire Funds In Community Wallet: What?s Going On?

Monero?s community wallet was drained of all assets following a security breach described as shocking and a little sketchy.

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  Posted by u/ 11 months ago

New All-Time High: Tether?s USDT Supply Surpasses 84 Billion

As USDT?s market capitalization and supply increase, the asset has maintained its dominance in the stablecoin space.

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  Posted by u/ 11 months ago

Aave Initiates Vote to Temporarily Disable Stable Borrows Across All Networks

Aave promptly implemented necessary measures to prevent further escalation of the situation, safeguarding user funds.

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  Posted by u/ 11 months ago

Today in Crypto: US Treasury Sanctions Crypto-Using Russian Money Launderer, Northern Data Expects Loss and May List Cloud Unit

Get your daily, bite-sized digest of crypto and blockchain-related news ? investigating the stories flying under the radar of today?s news.

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  Posted by u/ 11 months ago

Bitrace Research Exposes Risks of Anonymous Online Markets with Cryptocurrency

Concerning trend in Telegram coin exchange robot: TRC20 USDT involved in gambling, money laundering, stolen coins, and fraud.

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  Posted by u/ 11 months ago

Crypto Experts Think This Coin Could Explode Following Its IDO

Crypto analysts on the lookout for the next explosive crypto are converging on their mark. Multiple experts have highlighted Meme Kombat ($MK) in recent days, signaling that this meme coin

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  Posted by u/ 11 months ago

If Ripple Settles With the SEC, it?s a 99.9% Legal Victory for the Crypto Company: Pro XRP Lawyer

While Deaton believes the case tilted in Ripple?s favor, he still insists that the SEC?s actions affected the potential mass adoption of XRP.

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  Posted by u/ 11 months ago

XRP Price Pumps 16%, Eyes Test of Yearly Highs Near $1.0 as Crypto Community Discusses Potential 99.9% Victory for Ripple Versus SEC

The US Security and Exchange Commission (SEC)?s losing streak in its ongoing lawsuit versus US fintech company and the creator of the XRP cryptocurrency Ripple Labs continued last week, which could be helping the XRP price pump.

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  Posted by u/ 11 months ago

South Korea?s Largest Mobile Operator Partners with Aptos and Atomrigs Lab to Offer Enhanced Web3 Experience

SK Telecom, South Korea's leading mobile operator, has partnered with Aptos and Atomrigs Lab to further develop its Web3 wallet service to offer enhanced experience to users.

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  Posted by u/ 11 months ago

FTX seeking approval to sell funds from Grayscale and Bitwise

FTX seeks to sell $744 million in Grayscale and Bitwise assets amid its bankruptcy proceedings. The asset sale aims to prepare for creditor payouts and minimize price volatility risks. FTX founder Sam Bankman-Fried was recently found guilty of all the charges that had been levelled against him. In a move to address its financial obligations […]

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  Posted by u/ 11 months ago

MetaBID unveils unprecedented 1 x Bitcoin (BTC) auction as user engagement skyrockets

Seoul, South Korea, November 6th, 2023, Chainwire MetaBID, the groundbreaking digital asset auction platform that went live on November 4, is thrilled to report unparalleled user engagement and activity just two days after launch. The platform is attracting an ever-growing number of users eager to participate in these auctions set to transform the Web3 auction […]

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  Posted by u/ 11 months ago

$MEME?s new contender: Memeinator soars past $1M raise in under 4 weeks

London, UK, November 6th, 2023, Chainwire Memeinator, the meme coin on a mission to reach a $1B market cap, is going from strength to strength, with the presale having already raised $1M in under 4 weeks. Stage 5 tokens look to be selling out imminently and will see the price increase from $0.0125 to $0.0133 […]

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  Posted by u/ 11 months ago

Arbitrum price surging as Arbitrum DAO approves staking proposal

ARB price is surging after Arbitrum DAO greenlights token staking proposal. ARB holders can stake tokens, funded by the treasury, with an annual yield of 7.84%-78.43%. The staking proposal creates varied staking tiers, promoting community engagement. The price of Arbitrum (ARB) has seen a notable surge after the Arbitrum decentralized autonomous organization (DAO) approved a […]

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  Posted by u/ 11 months ago

XRP surging as major institutions adopt Ripple

Following the recent XRP price surge, Ripple (XRP) has become the fourth-largest cryptocurrency. Ripple’s milestones in Dubai and Georgia are some of the main boosters of XRP’s performance. Trading volumes and leverage have also impacted XRP’s price rally. XRP, the cryptocurrency closely associated with Ripple, witnessed a significant surge in its price, climbing over 8% […]

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  Posted by u/ 11 months ago

6 Questions for Lugui Tillier about Bitcoin, Ordinals, and the future of crypto

Lugui Tillier talked to us about his job as the sales chief for crypto firm Lumx in Rio de Janeiro ? and his thoughts on the future of crypto.

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  Posted by u/ 11 months ago

There Is No Reason Not to Be Bullish on Bitcoin After Payroll Data, Crypto Expert Says

We?re seeing decent progress on the CPI and hourly earnings trends, giving room for the Fed to speak in a continued dovish tone, Amberdata's Greg Magadini said.

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  Posted by u/ 11 months ago

GROK Tokens, Inspired by Elon Musk?s ChatGPT Rival, Pop up on Blockchains

While unrelated to the actual Grok service, the inspired tokens are quickly gaining a following among low-cap traders.

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  Posted by u/ 11 months ago

SOL Drops 5% as FTX Estate Transfers Tokens to Binance, Kraken

The $30 million transfer takes the total SOL moved to exchanges to $102 million, the most out of any liquid asset, while the token's price is near the highest in a year.

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  Posted by u/ 11 months ago

UK Financial Watchdogs Publish Plans to Regulate Stablecoins

The U.K. government published plans for regulating crypto last week.

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  Posted by u/ 11 months ago

Roger Ver Seeks Winding Up of Matrixport in Seychelles Lawsuit

The investor launched a suit last year in Seychelles against Matrixport's subsidiary Smart Vega, which runs Bit.com, for confiscating $8 million, which he says Jihan Wu is keeping because Wu blames him for the collapse of CoinFLEX.

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  Posted by u/ 11 months ago

Bitcoin Addresses With Over $1K of BTC Hits Record 8M, Data Shows

The number could grow exponentially, representing a tremendous amount of purchasing power, one observer said.

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  Posted by u/ 11 months ago

XRP Spikes 10% as Several Institutions Adopt Ripple?s Services

XRP traders often react to Ripple developments even as the company maintains distance from the token.

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  Posted by u/ 11 months ago

Post-FTX, Bitcoin Is Ready for its Next Chapter

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  Posted by u/ 11 months ago

U.S. Treasuries Spearhead Tokenization Boom

Driven by favorable macro conditions and increased willingness among traders to dive into real-world assets, the market for tokenized debt is flying. Jeff Wilser reports for Trading Week.

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  Posted by u/ 11 months ago

DAOs Are the New Degen: Crypto Traders Can Copy-Trade Token Treasuries for Fun and Profit

Whether they?re bona-fide on-chain investment funds or otherwise, DAOs token allocations and treasuries approximate crypto market sentiment and can act as a valuable signal for traders of all levels.

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  Posted by u/ 11 months ago

5 Strategies for Acquiring Users On-Chain

From airdrops to advertising, CoinList's Alex Topchishvili examines the effective ways crypto projects entice crypto traders to become longterm customers.

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  Posted by u/ 11 months ago

7 Successful Strategies of Crypto Traders

Traders interviewed by CoinDesk say that crypto winter is over. Here?s how they plan to get ahead in the next phase of the market. Jeff Wilser reports.

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  Posted by u/ 11 months ago

First Mover Americas: FTX Wants to Sell Its GBTC

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 6, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ 11 months ago

Smart Contract Platform Llama Raises $6M From Investors Including Polygon, Aave Founders

Llama aims to make governance of blockchain protocols more effective by enabling protocols to encode roles and permissions to take on-chain actions.

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  Posted by u/ 11 months ago

Sizing the Massive Spot Bitcoin ETF Opportunity

The likely imminent approval of spot exchange-traded funds for bitcoin could be a game-changing moment for the digital assets industry. Brian Rudick and Matt Kunke, at GSR, explain why.

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  Posted by u/ 11 months ago

Microsoft Listing Fake Ledger App Leads to $590K of Bitcoin Stolen by Hackers

Hackers managed to steal 16.8 bitcoin [BTC] over the weekend after a fake Ledger Live app was posted on the Microsoft app store.

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  Posted by u/ 11 months ago

Crypto Funds See $767M Six-Week Inflow, Best Since 2021 Bull Market: CoinShares

Bitcoin funds attracted most of the demand, while ether funds saw their largest inflows since August 2022.

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  Posted by u/ 11 months ago

ApeFest Attendees Report Severe Eye Burn. BAYC Says Less Than 1% Have Symptoms

Attendees of a ApeFest, an event hosted by Bored Ape Yacht Club creators Yuga Labs, have been receiving medical care after reporting blurred vision and burning eyes.

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  Posted by u/ 11 months ago

FTX Relaunch Effort Includes Celsius Winner Proof Group, Sources Say

The Silicon Valley investment firm was part of the Fahrenheit consortium that successfully bid for bankrupt cryptocurrency lender Celsius.

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  Posted by u/ 11 months ago

Cathie Wood Likes Bitcoin as Both Deflationary and Inflationary Hedge

that there is no counterparty risk in bitcoin when it is decentralized and everything is visible on the network.

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  Posted by u/ 11 months ago

Indian Police Arrest 8 More in $300M Crypto Scam: Report

As many as 18 people, including four cops, have been arrested so far, while the alleged kingpin, Subhash Sharma, remains at large.

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  Posted by u/ 11 months ago

Crypto Traders Are Ready to Move Past Sam Bankman-Fried

FTX was old-fashioned criminal fraud. SBF never believed in decentralization. And now the industry can move on.

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  Posted by u/ 11 months ago

XRP, LINK, DOGE Lead Altcoin Gains as Bitcoin Sits at $35K

Altcoins posted gains of 5%-10% on Monday while bitcoin (BTC) treaded water near $35,000 as investors ventured into riskier tokens as calls for an altcoin season emerge.

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  Posted by u/ 11 months ago

Kraken Said to Seek Partner to Help Build It a Layer 2 Blockchain Network

The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people familiar with the situation. Rival crypto exchange Coinbase blazed the trail with Base.

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  Posted by u/ 11 months ago

Coinbase Ending Support for Bitcoin SV

The crypto exchange de-listed Bitcoin SV (BSV) in 2021. Now, it's completely removing support for the token.

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