Cryptocurrency Analysis and News Portal
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 18, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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The fund’s shares have traded at a discount to NAV since December 2021. Original Source
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Binance.US tweeted late Thursday that it would no longer accept dollar deposits and warned that its banking partners are preparing to pause fiat withdrawal channels as of June 13. The exchange urged clients to reclaim their dollars using bank transfers before then, and said it would begin delisting the dollar-denominated
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Traders of U.S.-based crypto exchange Coinbase (COIN) will likely get some relief when the company reports first quarter earnings for 2023 on Thursday. Source
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Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in 2021, according to data from the Federal Reserve. Recently, the U.S. central bank denied Custodia Bank of Wyoming, a financial institution that holds $1.08 for every dollar
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The United States Department of Justice has proposed new bail conditions for former FTX CEO Sam Bankman-Fried (SBF), a court filing made late March 3 shows. According to the proposal submitted to District Judge Lewis Kaplan of the Southern District of New York, Bankman-Fried should be prohibited from using smartphones, tablets,
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BTC was recently changing hands at about $19,300, flat over the past 24 hours. Ether was recently trading near $1,350, up by less than a percentage point from Sunday, same time. Other major cryptos were also up or down in small increments, albeit slightly more to the red. Among the
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Bitcoin price has been moving within a restricted range for over a week now. The coin had attempted to move north over
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The hashprice, a metric coined by mining services firm Luxor Technologies that measures revenue per terahash of computing power, has dropped dramatically in the last month and particularly in the past few hours, following the difficulty adjustment. In the month of August, revenue in U.S. dollars per terahash dropped by
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On a technical basis, bitcoin breached its 10-day exponential moving average (EMA), indicating short-term weakness. The 10-day EMA is a moving average of the most recent 10 days of bitcoin prices. A movement in price below an asset’s EMA can be interpreted as a bearish signal. Worth noting, however, is
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