Users in Russia report they once again can use locally issued Mastercard and Visa cards to deposit money on the crypto exchange more than a year following a wartime prohibition on such transactions.
Source BinanceBitcoinCryptocryptoexchangeExchangeExchangesliftsReportRestrictionsRussiaRussianUsers Read More
"When news broke that Circle's funds were stuck in Silicon Valley Bank, users rushed to redeem their USDC for USD," Ignas said. "On Coinbase, users could redeem 1 USDC for $1.00, but Coinbase suspended conversions over the weekend when banks are closed, which worsened the situation, leaving traders with no 3YearBitcoinsCoinbaseHighliftsPremiumUSDCVolatility Read More
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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Bitcoin is moving higher as Powell speaks, with traders taking note of the Fed chair saying, "[the] disinflationary process has started." Powell also seemed to suggest an end to the rate hike regime was among the topics discussed at today's meeting. Alongside bitcoin – now up to $23,450 – stocks BasisFederalInterestliftsPointsRatesReserve Read More
Crypto payment platform Wyre has lifted the 90% withdrawal limit it placed on its users earlier this week after securing additional funding. On Jan. 13, the San Francisco-based fintech firm announced that it had received financing from a “strategic partner” that allows it to continue the normal course of operations, including CapCryptoliftsPaymentsPlatformWithdrawalWyre Read More
Sam Bankman-Fried came out in support of crypto influencer Ran Neuner's FTX revival idea, sending the exchange's battered FTT tokens higher.
Original Source BankmanFriedFTTFTXliftsProposalRevivalSamSupportedToken Read More
The S&P 500, Wall Street's benchmark equity index, has gained 16% in less than two months to trade above the widely-tracked 200-day moving average for the first time since early April. The USD/JPY pair, often called a turbo bet on the Fed policy and U.S. rates, has dropped 11% to AverageBitcoinFedLagsliftsStocksTradeUnwinding Read More
On-chain data shows the Bitcoin puell multiple has started to leave the “buy” zone, a sign that the crypto may be heading towards bullish momentum.
Bitcoin Puell Multiple Has Gone Up In Value During Recent Days
As pointed out by an analyst in a CryptoQuant post, the BTC puell multiple is currently BitcoinBullBuyFollowliftsMomentumMultiplePuellZone Read More
Bitcoin (BTC) hit 48-hour highs overnight into May 20 as U.S. dollar weakness gave bulls some much-needed respite.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDollar strength declines after 20-year recordData from Cryptox Markets Pro and TradingView recorded a high of $30,725 for BTC/USD on Bitstamp.Still struggling to flip $30,000 to reliable 307KAnalystBitcoinBTCDollarDominanceEyesliftsWeaker Read More
On-chain data shows the Bitcoin taker buy/sell ratio is now lighting up a “buy” signal as the price of the crypto begins to take off.
Bitcoin Taker Buy Sell Ratio Suggests Now May Be A Good Time To Buy
As explained by an analyst in a CryptoQuant post, the taker buy sell BitcoinBTCBuyBuySellliftsRatioShowsSignalTaker Read More