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Market Wrap: Bitcoin Trades Flat Ahead of Inflation Report
Glenn C Williams Jr, CMT is a Crypto Markets Analyst with an initial background in traditional finance. His experience includes research and analysis of individual cryptocurrencies, defi protocols, and crypto-based funds. He owns BTC, ETH, UNI, DOT, MATIC, and AVAX Bitcoin and ether started the work week slightly lower as markets await U.S. inflation data due Thursday. Impactful economic data announcements will be light until that point, although investors will be scrutinizing September’s Federal Open Market Committee minutes, which the U.S. central bank will release Wednesday. The minutes will shape expectations for FOMC’s aggressiveness at its next meeting. FOMC is […]
MASSIVE Gains on Horizon for WTRX & UNI – but who else is surging in the latest bull rush?
Cryptocurrency It is interesting to see that even though the price of top cryptocurrencies like Bitcoin and Ethereum have dropped significantly, new cryptocurrencies are still gathering interest in the market. Also, gaming in the metaverse seems to be the latest trend in Web3, and crypto projects involving the Metaverse have been surging. Investors have gained massive profits by investing in new cryptocurrencies. Presently, the prices of some of these new cryptocurrencies have more than quadrupled – setting them apart from other coins. There have been strong indications of a considerable price fluctuation in the crypto market very soon, and many […]
Iranian Bitcoin Advocate Ziya Sadr Arrested by Iranian Security Forces
Eli is a news reporter for CoinDesk. He holds ETH, SOL and AVAX. Ziya Sadr, an Iranian Bitcoin advocate, was arrested by Iranian security forces last month, according to multiple sources. Nima Yazdanmehr, who said he is a friend of Sadr, told CoinDesk the arrest took place on the streets of Tehran on Sep. 19 and that Sadr has not been released. The arrest came amid widespread anti-government protests over the state killing of 22-year-old Mahsa Amini. Sadr is a popular Bitcoin educator and Youtuber, as well as an advocate for the technology. He’s translated Bitcoin content into Farsi and […]
Market Wrap: Bitcoin, Other Risk Assets Fall Again Following Disappointing Jobs Data
Cryptocurrency Glenn C Williams Jr, CMT is a Crypto Markets Analyst with an initial background in traditional finance. His experience includes research and analysis of individual cryptocurrencies, defi protocols, and crypto-based funds. He owns BTC, ETH, UNI, DOT, MATIC, and AVAX Bitcoin and ether traded down to close the week, decreasing in line with traditional risk assets, though not to the same extent. The CoinDesk Market Index (CMI), a broad-based market index that measures the performance of a basket of cryptocurrencies, decreased -0.80%. In traditional financial markets, the Dow Jones Industrial Average (DJIA), tech-heavy Nasdaq Composite and S&P 500, which […]
The Alternative Genesis Block of Bitcoin
In this article, I attempt to explain the early source code of Bitcoin and make correlations with the source code currently in use. My intent is to help you better understand the early details regarding the history of Bitcoin and the enigmatic figure of Satoshi Nakamoto. As far as newcomers to Bitcoin or to the blockchain space are concerned, this may be a fairly complex article to understand as my target audience are average and more experienced users. Despite this, I have sought to make it as understandable as possible. Bitcoin is the cryptocurrency par excellence and the first to […]
Shiba Inu Whale Adds Nearly 1.7 Trillion SHIB Tokens Amid Price Crunch
Cryptocurrency The global crypto market cap has lost the $966 mark and has plunged by 0.67% over the last 24hrs. This downtrend is led by Bitcoin, which has also lost its crucial $20,000 zone and is presently trading around the $19,000 level. The altcoins have followed suit. Shiba Inu, the meme currency, has been trading downward since Sept. 25 after the bulls failed to push the price above the $0.000012 resistance. At the time of writing, Shiba Inu is selling at $0.0000111, with a fall of 2.64% over the last 24hrs. Shiba Inu Continues Downward Movement It has also been […]
First Mover Asia: The Crash of Three Arrows Capital’s Starry Night Portfolio Shows NFTs’ Lack of Staying Power; Bitcoin Regains $20K After Earlier Drop
Good morning. Here’s what’s happening: Prices: Bitcoin fell below $20K in its ongoing tango with the psychologically important threshold. Insights: Three Arrows Capital’s Starry Night NFT collection is worth a fraction of what the now bankrupt crypto hedge fund paid to assemble it. The crash underlines a bigger problem with the NFT market. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. And sign up for First Mover, our daily newsletter putting the latest moves in crypto markets in context. ● Bitcoin (BTC): $20,002 −1.7% ● Ether (ETH): $1,357 −1.4% ● CoinDesk Market […]
