BTC, ether (ETH), Solana’s SOL, BNB Chain’s BNB and Cardano’s ADA all lost just under 1%, CoinGecko data shows. XRP and memecoin dogecoin (DOGE) were the only major tokens solidly in the green, climbing 5% and 4.5%, respectively. The broad-based CoinDesk 20, a liquid index tracking the largest tokens by market capitalization, rose 0.85%. Original
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
Este artículo también está disponible en español. Shiba Inu (SHIB) has been at the forefront of the crypto market once again, thanks to a dramatic surge in its burn rate. Over the last 24 hours, Shiba Inu’s burn rate has soared by more than 242%, resulting in nearly 3 million SHIB tokens being burned. This reduction in circulating supply has sparked optimism among SHIB investors, who believe the token could be gearing up for a price rally. When a cryptocurrency’s supply diminishes while demand remains constant or increases, basic economic…
The bump came as Trump said he would launch the family-helmed World Liberty Financial project on Monday. Source
The Federal Bureau of Investigation (FBI) has warned of a rising business email compromise (BEC) threat, responsible for $55 billion in global losses over a decade. The scam has affected all 50 U.S. states and 186 countries, with funds frequently routed through banks in the United Kingdom, Hong Kong, China, Mexico, and the United Arab […] Source CryptoX Portal
The case was brought by Fabrizio D’Aloia, who said he was the victim of a cryptocurrency scam, and relates mainly to crypto exchange Bitkub, named as one of seven defendants including two unidentified people and Binance, the largest crypto exchange by volume traded. The case against Binance was settled, according to the filing. Source
Besides, Figure, a fintech company providing lines of credit collateralized by home equity, accounted for most of the market value of the on-chain private credit market. However, excluding Figure, the sub-sector has still experienced growth in terms of active loans, led by Centrifuge, Maple, and Goldfinch. Source
Este artículo también está disponible en español. Earlier in August, the XRP community got some positive news when the court ruled that Ripple Labs should pay a $125 million fine to the United States Securities and Exchange Commission (SEC) for selling unregistered securities. However, the regulator has been unhappy with this decision, leading to an appeal of the court’s decision. Naturally, the appeal has pushed back the finish line for the 4-year battle, but the end could still be very bullish for the XRP price. The XRP Crash Before The…
Exchange-traded funds have bucked the trend with higher-than-average volumes in August — yet Bitcoin ETFs suffered extensive outflows towards the end of the month. New figures show that there was an insatiable appetite for exchange-traded funds in August — despite the summer being a traditionally sleepy month in the financial world. According to BlackRock, net inflows rocketed to $129.7 billion last month, meaning the bustling sector is well on track to exceed the annual record of $1.3 trillion set back in 2021. The launch of Bitcoin ETFs back in January…
On-chain data shows the Bitcoin Puell Multiple has recently declined into the historical bottom zone as BTC’s continued consolidation. Bitcoin Puell Multiple Is Now Under The 0.4 Level As an analyst in a CryptoQuant Quicktake post explained, the BTC Puell Multiple has declined under 0.4 for the first time since the end of 2022. The “Puell Multiple” here refers to a popular on-chain indicator that keeps track of the ratio between the daily Bitcoin miner revenue and the 365-day moving average (MA) of the same. The daily miner revenue here refers to…