CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

By coindesk.com August 09, 2023 In Banks, Bitcoin, Blockchain, Cryptocurrencies, Mining

Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.

Bitcoin's taker buy-sell ratio surged to 1.36 on Aug. 1. (CryptoQuant)

Bitcoin’s ‘Taker Buy-Sell Ratio’ Surges, Signals Renewed Bullish Vigour

The taker buy-sell ratio measures the buy volume relative to the sell volume of takers in perpetual swap trades.

Advertisement

Trader Who Predicted Luna’s Downfall Now Holds 450K MOON Tokens

GCR likely bought 450,000 MOON at an average price of 40 cents-45 cents, Loch Research’s Prithvi Jhaveri said.

Financial Institutions in the Crypto Ecosystem: Opportunities and Risks

Sponsored by Ciphertrace, a Mastercard company

Jul 31, 2023 at 9:49 a.m. PDT

Rollbit’s RLB Token Rockets 60% as Crypto Casino Bets on Daily Token Burn

Rollbit’s revenue crossed over $2 million in the past 24 hours across various services, data shows. This means a significant amount – after costs – will use to fund RLB purchases daily.

Advertisement

Stablecoin Market to Grow to Almost $3T in Next 5 Years: Bernstein

Major global financial and consumer platforms are expected to issue co-branded stablecoins resulting in significant growth for these cryptocurrencies, the report said.

Cardano-Based MuesliSwap to Refund ‘High Slippage’ Losses for Users

Users are said to have lost varying amounts of funds by setting slippage too high due to a “misunderstanding.”

Market Wrap: XRP, SOL Lead Crypto Market Bounce; RLB and UNIBOT Surge on Bullish Sentiment

Trading volumes for rollbit tokens grew 500% on a revamped token buy-and-burn plan.

Aug 9, 2023 at 2:41 a.m. PDT

Fed Starts New Program to Oversee Crypto Activity in U.S. Banks

Fresh crypto guidance from the U.S. central bank doesn’t represent a departure from previous policy, but it provides more details on what the Fed expects from banks.

Chevrone Right IconChevrone Right Icon

Discovery

The HASH Podcast Graphic

CoinDesk Podcast Network

Fake PayPal USD Tokens Pop Up; Binance Receives License to Offer Crypto Services in El Salvador

The most valuable crypto stories for Tuesday, August 8, 2023.

Aug 8, 2023

Money Reimagined Podcast Cover

CoinDesk’s Money Reimagined

Twitterverse, Now ‘X’ in Chaos as Crypto Regulation Heats Up!

A possible ‘Crypto Twitter’ exit is likely as the algorithm changes with “forever” signups and Elon battles Mark over threads and data. Meanwhile, the FEDNow launches and the U.S. has achieved a historic moment with a bipartisan consensus on crypto regulation in the House…finally!

Aug 2, 2023

RWA Tokenization: What Does it Mean to Tokenize Real-World Assets?

Traditional finance giants are excited about the idea of putting ownership of assets like precious metals, art, homes and more on the blockchain.

Jul 25, 2023

Consensus Magazine

Bitget Exchange Faces Lawsuit by Advisor of ReelStar Token Project After the Listing Goes Sour

Influencer Evan Luthra says the exchange froze his account and destroyed his advisory relationship. Bitget says Luthra was dumping the REELT token as he advised his followers to buy.

Aug 3, 2023

AuthorJeff Wilser stares into the Orb. (Jeff Wilser/CoinDesk)

Consensus Magazine

The Untold Story of Worldcoin’s Launch: Inside the Orb

Is Sam Altman’s UBI startup a smart countermeasure to AI, or a privacy nightmare? Jeff Wilser reports.

Jul 24, 2023

Consensus Magazine

‘We’re Compute Cowboys’: Gideon Powell on the Pioneer Spirit Driving Bitcoin Mining

An interview with the CEO of Cholla Inc., an oil & gas exploration company that’s investing in bitcoin mining.

Jul 28, 2023

(Shutterstock/CoinDesk)

Wrapping Up Consensus 2023

Missed Consensus 2023? Catch up on some of the most important conversations here.

May 4, 2023 at 2:39 p.m. PDT

U.S. House Will Have Crypto Bill in 2 Months: Rep. McHenry

Trending in Crypto

Bitcoin's taker buy-sell ratio surged to 1.36 on Aug. 1. (CryptoQuant)

Crypto News Today: Bitcoin’s Rally Toward $30K, PayPal’s Stablecoin Fakes, and More

Aug 8, 2023

Carlyle Group's David Rubenstein (Alberto E. Rodriguez/Getty Images) El Salvador. (Esaú González/Unsplash) Binance Receives License to Offer Bitcoin Services in El Salvador nuclear power plant (Emmelie Callewaert/Wikimedia Commons, modified by CoinDesk) An increasing figure of inactive bitcoin suggests a decline in the supply available in the market. (Glassnode) Gambling roulette chips betting casino chance (Pixabay)

Rollbit’s RLB Token Rockets 60% as Crypto Casino Bets on Daily Token Burn

Rollbit’s revenue crossed over $2 million in the past 24 hours across various services, data shows. This means a significant amount – after costs – will use to fund RLB purchases daily.

Aug 9, 2023

bitcoin 8/8

Crypto News Today: Bitcoin’s Rally Toward $30K, PayPal’s Stablecoin Fakes, and More

As Bitcoin retakes $30K and major players like PayPal delve into the crypto realm, the intersection of traditional finance and crypto becomes more pronounced.

Aug 8, 2023

Brevan Howard Backs Crypto Infrastructure Startup Puffer in $5.5M Round

Aug 8, 2023

hand holding $20 bill in front of trees

Cardano-Based MuesliSwap to Refund ‘High Slippage’ Losses for Users

Users are said to have lost varying amounts of funds by setting slippage too high due to a “misunderstanding.”

Aug 8, 2023

Venture-Backed Saddle Finance Proposes Wind-Down, Dissolution

Aug 8, 2023

Policy

The Federal Reserve building in Washington, D.C. (Jesse Hamilton/CoinDesk)

Policy

Fed Starts New Program to Oversee Crypto Activity in U.S. Banks

Fresh crypto guidance from the U.S. central bank doesn’t represent a departure from previous policy, but it provides more details on what the Fed expects from banks.

Aug 8, 2023

FTX Logo (Unsplash)

Policy

Former FTX Exec Ryan Salame Talking to Prosecutors About Plea Deal: Bloomberg

It was not known whether Salame would cooperate with prosecutors and testify against FTX co-founder and CEO Sam Bankman-Fried.

Aug 8, 2023

Policy

Bavaria’s Data Regulator Had Not Concluded Assessment of Worldcoin When the Project Launched

The Sam Altman co-founded project has been shut down in Kenya over privacy concerns.

Aug 8, 2023

Sam Bankman-Fried leaves a federal court in Manhattan following a hearing to dismiss some of the charges leveled against him. (Elizabeth Napolitano / CoinDesk)

Policy

Sam Bankman-Fried Will Still Face Campaign Finance-Related Charge, Justice Department Says

The U.S. DOJ had dropped a campaign finance charge against the FTX founder last month.

Aug 8, 2023

PayPal headquarters (Justin Sullivan/Getty Images)

Learn

Why PayPal’s Stablecoin Scares Washington and Could Shake Legislative Talks

For some U.S. financial regulators, the ghost of Libra — the then-Facebook effort to establish a mass-appeal stablecoin — will forever haunt the debate over regulating stablecoins.

Aug 8, 2023

Policy

Crypto Brokerage Blockchain.com Receives Institution License From Singapore

The company had received an in-principle approval from the Monetary Authority of Singapore last year.

Aug 8, 2023

About

AboutMastheadContributorsCareersCompany News

Stay Updated

ConsensusCoinDesk StudiosFollow

Get In Touch

Contact UsAdvertiseAccessibility HelpSitemap

The Fine Print

Ethics PolicyPrivacyDo Not Sell My Personal Information

Published on

coindesk.com

View the full article

You may also like