Analysis
Bitcoin, Ether Remain Resilient After Binance, Coinbase Suits, and Amid Long-Running Crypto Industry Turmoil
The two largest cryptos by market value have shown a remarkable ability to weather crypto turmoil and macroeconomic events over the past year.
SEC’s Binance, Coinbase Suits Create Uncertain Future for Listed Tokens: Legal Experts
The tokens listed in the lawsuits have plummeted in price since the news, but the future of the tokens remains unclear.
Bitcoin Dominance Surges, Accounting For Nearly Half of The $1T Crypto Market, Amid Altcoin Selloff
Bitcoin's dominance rate neared the 50% mark early Saturday as altcoin crash triggered a flight to safety.
Free Promotional NFTs, Crypto Airdrops Would Be Banned Under New UK Rules, Official Says
Crypto airdrops and NFTs themselves will not be banned, but using such incentives alongside promotions that encourage people to invest would be, said FCA's Matthew Long.
Jobs Data Offers Faint Hope for Digital Assets Even as Investors Fret Over Binance, Coinbase Suits
Initial jobless claims reached their highest levels since October 2021, ahead of next week’s rate decision
Optimism Says Ether Now Treated as Native Cryptocurrency Alongside OP Token
Representatives of the layer-2 network atop Ethereum confirmed the change in the treatment of ETH after CoinDesk observed a $550 million transfer in blockchain data. The change occurred in conjunction with Optimism's “Bedrock” upgrade this week.
UK Lawmakers Clash Over Government Plans to Regulate Crypto as Financial Services
While some lawmakers have aligned with the government’s proposal, others want the volatile assets to be treated as gambling.
Funding Rates for Bitcoin, Ether Remain Positive, Indicating Bullish Sentiment
Investors remain bullish about crypto in derivatives markets, as the CoinDesk Indices Ether Trend Indicator signals “significant uptrend”
NFT Lending Is Trending, Raising Concerns of ‘Predatory’ Platform Behavior
Amid an extended crypto winter that has cooled NFT trading, platforms like Blur, Binance and Astaria have introduced new lending options to boost liquidity. While some traders support NFTfi, others say the trend is risky.
