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Understanding the Currency Sector in CoinDesk Indices DACS
1. Bitcoin (BTC) is the world’s first cryptocurrency, and the largest by market capitalization. Since launching in 2009, Bitcoin has revolutionized payments with its innovation in blockchain technology, creating a global, borderless,…
Genesis Global Issued $2.36B in Undercollateralized Loans to Three Arrows Capital
Crypto lender Genesis lent $2.36 billion in loans to the now insolvent Singapore-based fund Three Arrows Capital.
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Bitcoin Hovers Over $23K in Weekend Trading; an Edgy Environment at Seoul’s Blockchain…
Ether, the second largest crypto by market cap, was recently trading hands at approximately $1,700, up roughly a percentage point and about where it stood when the weekend began. Other major cryptos were mixed with Theta and ATOM rising…
A DAO That Literally Wants to Party on The Moon Just Sent a Viral YouTuber to Space
“I'm just kind of in love with the idea of DAOs in general, I think that they have a lot of promise, like a tool set for people to collaborate and coordinate online,” Moncada-Larrotiz told CoinDesk in an interview. “When you buy an NFT,…
In Crypto Winter, Jesse Powell’s Pirate-King Leadership Style Might Be the New Normal
Although many social-political discussions are now off the table, the company's leadership has made some exceptions as to which subjects of conversation are fair game. Topics aligned with the “crypto, cypherpunk, libertarian values” of…
Bitcoin Falls Initially on US Jobs Report, Grinds Higher Later
●Bitcoin (BTC): $22,898 +2.0%
●Ether (ETH): $1,677 +5.6%
●S&P 500 daily close: 4,145.19 −0.2%
●Gold: $1,791 per troy ounce +0.2%
●Ten-year Treasury yield daily close: 2.84% +0.2
Bitcoin, ether and gold prices are taken at…
Meta's NFT Outreach Powers 38% Rally in FLOW Token
The dollar value of open positions in Binance-listed FLOW futures has increased by 345%, validating the price rally.
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Bitcoin Unbothered by Bank of England’s Super-Size Interest-Rate Hike
The bitcoin mining difficulty ribbon, comprising short and long-duration simple moving averages on the mining difficulty, has compressed for the first time in over a year, indicating miner capitulation. The previous bear markets,…
Market Wrap: Bitcoin Reverses Course, Pushes Higher, $21K Is ‘Point of Control’
The crypto rose despite some turmoil in the industry.
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Solana Wallets Targeted in Latest Multimillion Dollar Hack
The exploit appears to be impacting users of internet-connected "hot" wallets, with users reporting that their funds have been drained unknowingly.
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