Bitcoin Sell-Off Continues as Asian Markets Fall Amid Weak China Cues

Posted: 06 May 2022 03:44 AM PDT

Bitcoin continues losses as major markets around Asia end the week

DeFi Tokens Are April's Biggest Losers as Revenues Fall; Memecoins Outperform

Posted: 06 May 2022 02:17 AM PDT

The past April saw bearish sentiment despite being a historically favorable month for cryptocurrencies.

Bitcoin Liquidations Lead $400M in Futures Losses After Drop to $35.7K

Posted: 06 May 2022 12:54 AM PDT

Crypto markets saw the highest amount of liquidations so far this month.

Swan Bitcoin Benefit Plan Helps Companies Reward Employees in Crypto

Posted: 05 May 2022 08:14 PM PDT

Early customers of the financial services company's program are providing monthly bitcoin bonuses of between $50 and $100.

First Mover Asia: Thailand Has Already Proven Why Taking Crypto for Luxury Items Isn't Working

Posted: 05 May 2022 04:58 PM PDT

Gucci will begin accepting crypto payments at five stores as part of a wider commitment but the success of its initiatives is uncertain; bitcoin plummets.

‘Smart Money’ Wallets Accumulate GAL and Decrease APE Holdings: Nansen Data

Posted: 05 May 2022 04:07 PM PDT

PXN: Ghost Division disrupts Yuga Labs' NFT dominance.

US Court Orders BitMEX Founders to Pay $30M for Illegal Trading

Posted: 05 May 2022 03:40 PM PDT

The three co-founders, Arthur Hayes, Benjamin Delo and Samuel Reed, must each pay $10 million, the CFTC said.

US Court Orders BitMEX Founders to Pay $30M for Illegal Trading

Posted: 05 May 2022 02:28 PM PDT

A federal judge ordered the three co-founders of BitMEX to pay $30 million total for operating an illegal cryptocurrency derivatives platform and violating money-laundering rules, the Commodity Futures Trading Commission said Thursday.

Bitcoin cae por debajo de $37K, con soporte en $30K-$32K

Posted: 05 May 2022 02:09 PM PDT

BTC está en peligro de romper la tendencia alcista a corto plazo.

Nicole Buffett on NFTs, Their Future and Explaining Them to Her Grandfather

Posted: 05 May 2022 01:44 PM PDT

NFTs are a new unit of value in the evolution of money, artist Nicole Buffett said on CoinDesk TV's "First Mover."

Argentina's Central Bank Bans Lenders From Offering Crypto Services

Posted: 05 May 2022 01:33 PM PDT

The announcement on Thursday afternoon comes after the IMF last month approved a $45 billion loan facility for Argentina that stipulated the country would discourage the use of cryptocurrencies.

Block Misses Q1 Estimates, Posts $1.73B in Bitcoin Transactions

Posted: 05 May 2022 01:32 PM PDT

The payments firm formerly known as Square said it didn't record any bitcoin impairment charges in the quarter.

Market Wrap: Cryptos and Stocks Fall, Luna Foundation Guard Accumulates Bitcoin

Posted: 05 May 2022 01:30 PM PDT

Bitcoin (BTC) and stocks declined on Thursday. The market's risk-off tone has overwhelmed short-term price jumps, although The Luna Foundation Guard (LFG) continued to buy.

The Scarcity Mindset Driving Crypto's Energy Critics

Posted: 05 May 2022 12:38 PM PDT

Cherie Hu on Music and the Metaverse

Posted: 05 May 2022 12:32 PM PDT

How might concerts work in the metaverse? And what even is the metaverse, anyway? Ahead of her panel at CoinDesk's Consensus festival, Water & Music founder Cherie Hu pins it down.

Crypto Is a Luxury Good

Posted: 05 May 2022 12:00 PM PDT

Typo Moves $36M in Seized JUNO Tokens to Wrong Wallet

Posted: 05 May 2022 11:57 AM PDT

Validators, developers, and token holders grapple with who is to blame for the copy-paste error that moved the tokens to an address no one can access.

Curve Finance Integrates With Near’s Aurora Network

Posted: 05 May 2022 11:15 AM PDT

NEAR's DeFi hub, Proximity Labs, will allocate up to $7.5 million in grants to Curve.

Bitcoin Dips Below $38K, Support at $30K-$32K

Posted: 05 May 2022 11:07 AM PDT

Bitcoin (BTC) is attempting to break below a short-term uptrend, which could encourage greater selling pressure. Volume data shows no signs of capitulation yet, although support is around $30K-$32K.

In Estonia, the Party’s Over for 'Hippie' Crypto Firms

Posted: 05 May 2022 10:46 AM PDT

New laws could see the country's crypto community slashed by 90%.

Bankoff’s Crypto Wallets Nearly Empty After Virtual Debit Card Provider Folds

Posted: 05 May 2022 10:07 AM PDT

The Delaware-registered company said Visa and Stripe cut it off for serving too many Russians, but on-chain data has stoked users' suspicions.

Katie Haun’s New Crypto Fund Leads $50M Raise for NFT Protocol Zora

Posted: 05 May 2022 10:00 AM PDT

The funding round values the NFT tooling startup at $600 million.

US House Panel to Weigh FTX Proposal on Clearing Customers’ Swaps Trades

Posted: 05 May 2022 09:40 AM PDT

U.S. lawmakers have set a hearing to examine the potential can of worms opened by cryptocurrency trading platform FTX when it applied with the Commodity Futures Trading Commission (CFTC) to directly clear its customers' margin-backed swaps transactions.

Luna Foundation Guard Acquires $1.5B in Bitcoin to Reinforce Stablecoin Reserves

Posted: 05 May 2022 09:40 AM PDT

The Luna Foundation Guard has acquired Bitcoin valued at $1.5 billion in a series of OTC transactions.

Bitcoin Plunges Most in 2 Months Amid Stock Market Sell-off

Posted: 05 May 2022 09:38 AM PDT

Bitcoin dropped more than 7% on Thursday. The price drop appeared synced with a broad selloff in stocks and bonds.

Valkyrie’s Bitcoin Futures ETF Gets SEC Approval, Following Teucrium Nod

Posted: 05 May 2022 09:24 AM PDT

Valkyrie's approval came after using a different exchange act application, which helped Teucrium get the green light for its similar product.

Bitcoin Influencer Dan Held Steps Back From Kraken’s Marketing Team

Posted: 05 May 2022 09:20 AM PDT

The soon to be former marketing director will instead focus on a personal consulting gig.

Elizabeth Warren Echoes Labor Dept. Concerns About Fidelity’s Plan for Bitcoin in 401(k) Retirement Plans

Posted: 05 May 2022 08:35 AM PDT

U.S. Sen. Elizabeth Warren has joined the Department of Labor in expressing concerns about Fidelity Investment's plans to offer bitcoin in its 401(k) retirement plans.

First Mover Americas: Bitcoin's $40K Breakout Elusive as Fed-Inspired Dollar Drop Loses Steam

Posted: 05 May 2022 08:33 AM PDT

The latest moves in crypto markets in context for May 5,2022.

Everything You Always Wanted to Know About ‘Miladys’ but Were Afraid to Ask

Posted: 05 May 2022 08:24 AM PDT

These anime-inspired NFTs come with some deeply confounding ideological baggage.

Early Wyre Backer Launches $200M Fund for ‘Mid-Growth’ Crypto

Posted: 05 May 2022 08:20 AM PDT

Blockchain Coinvestors has more than $450 million in assets under management.

Cometh Raises $10M to Boost Blockchain Game Adoption

Posted: 05 May 2022 08:07 AM PDT

Cometh raised $10 million in a funding round to boost blockchain game adoption, led by venture capital fund White Star Capital and decentralized autonomous organization Stake Capital.

Crypto Mining Rig Maker Canaan Added to SEC List of Scrutinized Chinese Companies

Posted: 05 May 2022 08:00 AM PDT

The firm has until May 25 to dispute its inclusion on the list, which could eventually see it delist from the Nasdaq.

Paradigm, a16z Back $12M Round for Blockchain Game Platform LootRush

Posted: 05 May 2022 08:00 AM PDT

The Steam-esque platform makes it easier for new users to try play-to-earn games.

Gucci aceptará criptomonedas en algunas tiendas minoristas

Posted: 05 May 2022 06:58 AM PDT

La tienda de lujo italiana planea expandir sus métodos de pago en América del Norte.

Ex-BitMEX CEO Hayes Asks for No Jail Time, Ability to Travel Freely: Report

Posted: 05 May 2022 06:30 AM PDT

Lawyers for Arthur Hayes argued he was unlikely to be a repeat offender and included a letter of support from his mother.

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