Kara Swisher Downplays Crypto’s Significance: ‘It’s Not the Center of Everything’
The author of “Burn Book” says while crypto is important, it’s not the center of everything.
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The author of “Burn Book” says while crypto is important, it’s not the center of everything.
Increasing concerns about sticky inflation hit risk assets across all markets including cryptos.
The latest price moves in bitcoin (BTC) and crypto markets in context for April 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Inflows have slowed this month, taking the wind out of the bitcoin bull run.
The next era of Web3 will be defined by the ability of projects to attract and retain users, says Kelly Ye of Decentral Park Capital. Coinbase’s Ethereum Layer 2 is showing the way forward.
ezETH’s price on Uniswap (DEXscreener)
Hedera’s native HBAR token surged by more than 107% on Tuesday as investors believed that BlackRock was involved in a fund tokenization project on the Hedera blockchain, the token then slumped by more than 25% as BlackRock turned out to have no involvement in the launch.
Investors are still gauging macroeconomic factors, one observer said.
The defunct crypto exchange will distribute 142,000 BTC and 143,000 BCH to creditors later this year, 10 years after its implosion due to a hack.
The bank reiterated its year-end bitcoin and ether targets of $150,000 and $8,000, respectively.