Bitcoin and Ether Climb as Inflation Figures Leave Fed Outlook Steady
Both Bitcoin (BTC) and ether (ETH) advanced following the release of recent U.S. inflation figures, as market experts noted that the largely expected Consumer Price…
Cryptocurrency
Rising Yields and Oil Prices Leave Bitcoin Vulnerable Ahead of U.S. Inflation Data
This is an excerpt from the CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. Bitcoin BTC valuations have retreated over the trailing 24…
Metaplanet Lowers Management Incentive Pool by 41% and Wipes Out $220M in Value
Bitcoin reserve company Metaplanet (3350) has reduced its executive stock compensation pool by 41% in response to investor pushback. As per disclosures released on Friday,…
Standard Chartered Predicts SKY Token Will Surge Fivefold to $0.325 by 2028
Standard Chartered has launched research coverage on Sky’s SKY token, setting a target price of $0.325 by the conclusion of 2028, representing a fivefold increase…
Bitcoin Buyers Hesitant Amid July Sub-$58K Low and Onchain Anomaly
Analytics publications reveal that Bitcoin (BTC) purchasers refrained from acquiring assets during the market pullback when the value of BTC dipped to $57,800 in July….
Robinhood Crypto Trading Volume Climbs 61% in August While Remaining 38% Lower YoY
Trading activity for digital assets on Robinhood grew by 61% sequentially to reach $17.5 billion during August, despite staying 38% under the figures recorded during…
Bitcoin Falls Under $77,000 as Zcash Drops Amid Fed Rate Hike Expectations
Bitcoin dropped nearly 2% to trade beneath $77,000 following an unexpected surge in producer inflation that drove Treasury yields higher and heightened projections for a…
Uniswap Releases StablePair Hook to Assist Liquidity Providers in Capturing Additional Value
Uniswap Labs, the developers behind the decentralized trading protocol, has released “StablePair Hook,” a fresh Uniswap v4 hook built for stablecoin exchange pairs like USDC/USDT…
Bitcoin Bancorp Acquires Thousands of Defunct Bitcoin Depot ATMs for $620,000
The collapse of the leading firm in the cryptocurrency ATM industry has allowed smaller enterprises to acquire defunct kiosks at a fraction of their initial…
Coinbase Reverts Base App to Coinbase Wallet Following Short-Lived Social Test
Coinbase (COIN) is changing the name of the Base App back to Coinbase Wallet, undoing the title adjustment performed slightly over a year ago as…