First Mover: OKEx Private Key Snafu Sends Bitcoin Lower as China DeFi Rises
OKEx withdrawal suspension sends bitcoin lower, China becomes hotbed of DeFi development, Filecoin first-day trading leaves market cap above $800M.
OKEx withdrawal suspension sends bitcoin lower, China becomes hotbed of DeFi development, Filecoin first-day trading leaves market cap above $800M.
While market sentiment may remain temporarily weak after the OKEx news, a price crash looks unlikely.
Caixin sources said Mingxing "Star" Xu had been taken by police at least a week ago and hasn't been seen since.
Withdrawals are suspended as a key holder is "out of touch," preventing withdrawal authorizations.
Bitcoin's price is trending up while ether futures open interest has stopped growing in the past month.
There's still a chance a stimulus package can be passed before the presidential election, but those chances are fading, said the U.S. president.
DeFi is booming in China, with startups adapting and building on popular western projects within the nation's active crypto economy.
There's a lot of money to be made in and around maturing Ethereum-centric markets, where a "bear market" means prices double.
The search for profit is likely to intensify with amount of global debt offering negative yields more than doubling in the past seven months
Bitcoin price is dipping a bit while ether flows display Uniswap’s prominent market position.
CoinList set the record for most tokens minted in a day by a single merchant.
Binance’s latest experiment to integrate decentralized finance with its centralized platform, Binance Smart Chain, is not here to beat DeFi, said the company’s CEO during CoinDesk’s invest: ethereum economy program.
After lagging behind bitcoin for the past couple years, Litecoin founder Charlie Lee is looking to privacy features as his ace in the hole.
Bitcoin's record hashrate indicates fundamentals are stronger than ever, according to Skew Markets.
Ethereum's shift to proof-of-stake will take conventional ETH out of circulation, replaced by a tokenized version of itself, says the CEO of Staked.
Litecoin (LTC) founder Charlie Lee told CoinDesk in an interview the project is now looking to adopt key privacy-enhancing features, which he sees as increasingly attractive to cryptocurrency users.
Other payment companies will also likely follow in Square's footsteps or risk getting shut out of a growing segment, JPMorgan wrote.
Bitcoin’s price is slipping while the amount of ether parked in DeFi is stuck in neutral.
"In a world where benchmark interest rates globally are near, at, or below zero, the opportunity cost of not allocating to bitcoin is higher," the report said.
Bitcoin nears $12K after six-day winning streak, as analysts predict economy will need trillions of dollars of stimulus.
Bitcoin's six-day run of gains has shifted the focus to psychological hurdle of $12,000. Some analysts are looking even higher.
Trump? Biden? Who cares? The U.S. economy is in such a shambles that massive stimulus packages are likely either way, probably financed by the Fed.
Bitcoin price jumped after a sleepy weekend while ether options interest has been weaker than the past month.
Privacy-focused cryptocurrencies jumped on Monday after several countries called for access to encryption software.
Bitcoin advanced to fresh two-month highs on Monday while ether clocked three-week highs after Grayscale reported that its Ethereum Trust has become an SEC-reporting company.
Bitcoin holds above $11K after biggest weekly gain since July, despite FCA ban on retail crypto futures trading and inventory drawdowns by miners.
Despite a dip today, bitcoin has crossed into bullish territory with the biggest weekly gain since July.
The FCA's ban could prompt some individuals to shift their crypto trading to offshore, unregulated exchanges.
The speaker, though saying the boosted offer comes up short in several areas, didn't shut the door on a deal.
Optimism for the prospects for a U.S. stimulus package rose after the White House boosted its offer to Democrats on a pandemic relief package Friday.