Crypto News
Bipartisan Support Grows for Key Crypto Issues in the U.S.
U.S. lawmakers from both parties are reaching consensus on essential crypto issues, including regulation, stablecoins, and digital asset innovation, according to a16z crypto. (Read More)Source link
Critics Debate Microstrategy’s High-Stakes Bitcoin Play: Genius or a Ticking Time Bomb?
Microstrategy’s bold move to accumulate bitcoin has drawn its share of fire from critics, largely due to the financial hazards and strategic questions it raises. Bubble Trouble? Critics Call Microstrategy Stock a ‘Ponzi Scheme’ Since 2020, the business intelligence firm has been on a bitcoin shopping spree, with its latest acquisition adding 55,500 BTC toSource link
CoinDesk 20 Performance Update: XLM Falls 14.6% as All Index Constituents Decline
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The CoinDesk 20 is currently trading at 3150.49, down 5.3% (-175.81) since 4 pm ET on Monday.
None of the 20 assets are trading higher.Leaders: BTC (-2.5%) and AVAX (-2.7%).Laggards: XLM (-14.6%) and POL (-10.4%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
Web3 Game Studio Qooverse Secures Investment in Round Led by Paper Ventures
PRESS RELEASE. Web3 game studio Qooverse has secured pre-seed funding in a round led by VC firm Paper Ventures, followed by Animoca Brands, Merit Circle, and notable angels in the industry. Founded by a creative team whose professional background includes time at Tencent and Goldman Sachs, Qooverse is developing an ecosystem of mid-core and casualSource link
First Mover Americas: Bitcoin’s Correction Takes Price Below $93K
Starting next Monday, First Mover Americas will become Crypto Daybook Americas, your new morning briefing on what happened in the crypto markets overnight and what's expected during the coming day. Publishing at 7 a.m. ET, it will kickstart your morning with comprehensive insights. You won't want to start your day without it.CoinDesk 20 Index: 3,108.77 -9.55%Bitcoin (BTC): $92,029.63 -6.72%Ether (ETH): $3,319.02 -4.95%S&P 500: 5,987.37 +0.3%Gold: $2,632.36 +0.57%Nikkei 225: 38,442.00 -0.87%Top StoriesA bitcoin-led crypto market correction entered a third day as the asset lost a further 6% in the past 24 hours, falling below $93,000. BTC has pared weekly gains from over 10% to just less than 1% amid profit-taking on the expected pullback. Major tokens have followed the tumble, with...