Zimbabwe Central Bank Wants Citizens to Subscribe to Its Gold-Backed Digital Currency
The Reserve Bank of Zimbabwe has said the tokens will be issued by May 8.
news
Pepe Coin Shorters Lose Millions as PEPE Jumps to $900M Valuation
The market capitalization for the tokens jumped to nearly $900 million as the frenzy seems neverending.
First Mover Americas: Bitcoin Pushes Above $29K After Fed Rate Hike
The latest price moves in bitcoin (BTC) and crypto markets in context for May 4, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Arbitrum-Based Exchange Chronos Attracts $170M to Yield Pools in a Single Day
The price of the DEX’s native chr token jumped 25% in 24 hours.
North Carolina House Unanimously Votes to Ban Digital Dollar Payments to the State
The U.S. state’s House of Representatives voted 118-0 to pass an amended version of a bill that initially sought to ban crypto payments.
Funding Rates in the $500M Market Cap PEPE Token Remain Negative
Negative funding rates indicate dominance of bearish positions in the perpetual futures market.
Solana Founder Brushes Off FTX Woes, Remains Confident in Crowded Blockchain Landscape
Prominent projects are porting over to the Solana network and developer activity remains strong, Anatoly Yakovenko said in a CoinDesk TV interview.
Bitcoin’s Dominance Rate Surges After U.S. Banking Crisis
Bitcoin’s outperformance during the banking crisis indicates the cryptocurrency is the anti-dollar liquid play for investors, one portfolio manager said.
Nigeria Approves National Policy to Create ‘Blockchain-Powered’ Economy
The policy announcement makes no mention of crypto, which the government cracked down on in 2021.
Celsius Founder Mashinsky Denies ‘Baseless’ Fraud Claims From New York State
Attorney General Letitia James said Mashinsky misled investors about the health of the now bankrupt crypto lender.