The prominent NFT project is on the verge of parting with a significant portion of its treasury as disillusioned investors prepare to make their exit.
Michael Barr, the head of the central bank's regulatory division, emphasized that the Federal Reserve is currently in the preliminary research stage and would require official legislation from Congress to formalize any action.
Thodex, once among Turkey's leading cryptocurrency exchanges, abruptly ceased operations in April 2021, coinciding with the disappearance of its founder, Özer.
In response to a sharp drop in trading volumes that have hit a four-year low, crypto exchanges have launched promotions to bolster their revenue streams.
Sen. Bill Hagerty, a member of the Senate Banking Committee from the Republican party, advocates for a more comprehensive examination of the relationship between the securities regulator and the digital assets sector.
A death cross signals a possible enduring shift towards a bearish momentum, while a golden cross implies the contrary.
Towards the conclusion of August, Bitcoin validated an overextended decline in its monthly stochastic indicator, a warning sign that has historically coincided with market pinnacles.
The report noted that the news of SpaceX, led by Elon Musk, writing off a portion of its Bitcoin holdings in the previous quarter, played an added role in fueling the correction within the cryptocurrency markets in August.
The crypto exchange is implementing a 'risk management initiative' focused on certain cryptocurrency projects that possess a relatively modest market capitalization or whose tokens are involved in trading pairs with lower liquidity.
Observant analysts within the blockchain community raised concerns regarding significant alterations in the supervision of a critical wallet.
The sudden drop in prices last Thursday caught the interest of several significant investors.
FET, GRT, and AGIX stand out as AI-backed cryptocurrencies that traders are closely monitoring in light of the chipmaker's Q2 earnings announcement.
Both tokens experienced a 3% increase, with bitcoin and ether gaining up to 1.2%, and bnb (BNB) surged by 1%, demonstrating resilience against worries about potential risks spreading within the BNB Chain ecosystem.
The cryptocurrency exchange has announced that card services will be discontinued in the Middle East on August 25 and in Latin America on September 21.
The relative strength index of Bitcoin has significantly fallen below 30, marking its most pronounced oversold reading since March 2020.
CoinGecko's data indicates that both Bitcoin and Ether maintained their stability in the past 24 hours, as there were minimal fundamental catalysts driving market fluctuations.
Bitcoin experienced a decline of more than 10% in the previous week due to the surge in the yield of the 10-year inflation-indexed security, marking its highest point since 2009.
Research conducted by The Tie indicates that cryptocurrencies have a tendency to experience declines during the days leading up to an unlocking event.
JPEG'd DAO participants are currently deliberating on the best approach to allocate a bounty of $1 million.
Taking inspiration from Sam Bankman-Fried, the CoinDesk team collectively gathers their fears, anxieties, and letdowns through crowdsourcing - all for your entertainment!