Category: CoinDesk

Most signs have pointed downward, but predicting price trends in the days and weeks ahead is difficult; cryptos have a mixed day.

Luna Foundation Guard’s billions of dollars in bitcoin without an actual infrastructure ready to deploy left Terra’s stablecoin UST vulnerable to a ‘Soros-style attack’, an analyst said.

TerraUSD fell below $0.90 late Tuesday after 12 hours of relatively stable price action.

The miner reiterates its hashrate guidance of 12.8 EH/s

The company funded its growth and capital expenditure plans with the sale of mined bitcoin.

The funding comes as the dollar-pegged stablecoin dropped as low as $0.60 yesterday amid broader market turmoil.

Bitcoin (BTC) and other cryptos stabilized on Tuesday amid rising correlations with stocks. Altcoins such as MATIC rallied over the past 24 hours, indicating a greater appetite for risk among short-term traders.

The U.S. crypto exchange’s trading volumes declined from $547 billion in the previous quarter to $309 billion.

As inflation peaks, bitcoin traders should be wary of reading too much into data.

Local and national activists are banding to limit what they consider are the industry’s adverse effects on the environment.

Can you really build a crypto empire in New York? New York City Mayor Eric Adams wants to lure crypto companies to the Big Apple – but there are a host of obstacles in his way.

Bitcoin (BTC) is stabilizing around $30K, which is the bottom of a year-long trading range. There are initial signs of capitulation, evidenced by an uptick in volume, albeit not as extreme as previous sell-offs. Upside remains limited.

Some registered companies saw a 400% increase in their electricity bills in March, while unregistered miners do not plan to stop using subsidized residential tariffs.