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Bitcoin fell Friday morning in Asia to trade below US$27,000. Ether and most other top 10 non-stablecoin tokens traded flat to lower. Litecoin gained.
USDT has reached a $83.2 billion market capitalization, recovering all its losses since the implosion of blockchain project Terra more than a year ago.
Interest in AI is at an all-time high on Google searches, an Alliance Bernstein analyst notes. But it's still not as popular as Bitcoin at its height.
The May employment report will be released on Friday, one of the last big pieces of economic data before the Fed's next policy meeting.
LTC has outperformed both bitcoin and ether over the last 30 days.
"The dog days of summer started early in crypto," Galaxy Digital's Mike Novogratz said. "That doesn't make me thrilled."
Investors are also looking to the Fed's next policy meeting June 13-14, when central bankers will decide their next move.
Bitcoin and other cryptocurrencies were largely down early on Thursday, with concerns around falling liquidity in focus following the likely passage of legislation to lift the U.S. debt ceiling. Bitcoin was down 1.2% at $26,856. The House of Representatives approved a deal to suspend the U.S. federal government’s $31.4 trillion debt ceiling late on Wednesday and it now heads for Senate approval.
CleanSpark has been buying up assets during the bear market to reach its 2023-end of 16 EH/s, but discounts are getting smaller.
The latest price moves in bitcoin (BTC) and crypto markets in context for June 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Landmark new crypto laws under MiCA may have few short-term benefits without further steps, the report commissioned by EU lawmakers says
Bitcoin fell 1.36% to US$26,805 in 24 hours. Ether slipped 0.82% to US$1,854.
Insider's Phil Rosen breaks down how mega-cap names like Apple and Nvidia have powered the S&P 500 to a strong 2023.
Bitcoin’s mining difficulty level rose 3.4% on Thursday to an all-time high, as the network’s hashrate also increased to a record high.
The stablecoin is issued by a registered trust owned by First Digital.
Bitcoin fell on Thursday morning in Asia to post the first monthly loss of the year. Ether and all other top 10 non-stablecoin tokens also traded lower.
Behind every PFP with thousands of followers on Twitter is a person. And in Web3, it’s not always best to trust one person’s word on whether or not to mint into an NFT collection.
Subsidiary Of Europe’s Largest Telco Will Provide Staking and Validation Services
Bitcoin is on track to post its first monthly loss of 2023, as the cryptocurrency hovers above $27,000. Yahoo Finance crypto reporter David Hollerith takes a look at how the cryptocurrency has traded over the last year and how other digital assets are faring so far in 2023.
Welcome to Bizarro Crypto, where actually launching a project is the worst possible plan.
"This is not a case of rightsizing, but rather, re-evaluating whether we have the right talent and expertise in critical roles," Binance told Insider.
Bitcoin has slipped in May, but is still up big in 2023. Market experts say the rally has taken a breather as traders assess the macro picture.
The bet made at Consensus 2018 hinged on how far Ethereum adoption would get by now. Crypto analysts say the blockchain appears to have met a key threshold, or at least got very close.
The stablecoin issuer announced earlier this week it is investing in a sustainable bitcoin mining facility in Uruguay.
"The Goose" by the generative artist was purchased by 3AC co-founders Su Zhu and Kyle Davies in August 2021 for about $5.8 million.