Cryptos

I said I wouldn't write about it. I promised. I swore.This article is excerpted from The Node, CoinDesk's daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the full newsletter here.The bet loosely works like this: In 90 days, Srinivasan will send Medlock $1 million U.S. dollars and Medlock will…

ARK Invest bought COIN low and sold it high this week.On Tuesday, Cathie Wood’s fund sold 160,887 shares of COIN for $13.5 million when the stock was at approximately $83 a share. Just over 48 hours later, ARK bought the dip and purchased 268,928 shares of COIN as the stock fell and closed Thursday in the U.S at $66.30.According to an email sent…

Bitcoin Shows Its Resilience, Rebounds Past $28KSo much for fears about federal monetary policy, increased regulatory activity and banking unrest.A day after bitcoin plunged following a disappointing – to some observers – U.S. Federal Reserve interest rate hike, investors sent the largest cryptocurrency by market capitalization floating above…

The crypto market has been battered this year, with more than $2 trillion wiped off its value since its peak in Nov. 2021. Cryptocurrencies have been under pressure after the collapse of major exchange FTX.Jonathan Raa | Nurphoto | Getty ImagesCryptocurrency prices jumped on Thursday, as investors digested the outlook for the Federal Reserve's…

Crypto traders had a whirlwind day after nearly 68,000 positions got liquidated in the past 24 hours. Total crypto liquidations surpassed the $257 million mark. The news comes amid a rate hike by the U.S. Federal Reserve and the SEC’s regulatory action against crypto businesses. Coinglass data revealed that liquidations on Bitcoin, Ethereum,…

EonerenIt is time to start paying attention to Bitcoin (BTC-USD). There is an indicator in the crypto world called the MVRV Ratio, which is the market value of a given token divided by the realized value of the token. Let’s break down the components: Market value is simple, it is the market capitalization of a token, which is the total tokens…

Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether's superior gains have come as investors anticipate a major upgrade to the ethereum blockchain called "the merge."Yuriko Nakao | Getty ImagesCryptocurrencies rose slightly on Wednesday, building on recent gains as investors awaited the latest…

Cryptocurrency firms are scrambling to find institutions to bank with after the collapse of Signature Bank and Silvergate Capital.These companies have turned to crypto-friendly Swiss banks, flooding them with requests for banking services, according to multiple industry insiders who spoke to CNBC.Part of why companies are seeking out Swiss banks…

Before New York passed its first-in-the-nation cryptocurrency mining moratorium last year, the mining industry was spoiled with zero regulations and oversight. But the tides are turning. Now, after the Biden administration recommended more regulations andSen. Ed Markey (D-Mass.)introduced a bill to crack down on the industry’s massive energy…

Bitcoin (BTC) headed to new nine-month highs after the March 21 Wall Street open as a crucial Federal Reserve interest rate decision loomed.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin price climbs despite conservative Fed viewData from Cointelegraph Markets Pro and TradingView showed BTC/USD approaching $28,500 on…