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First Mover Asia: Bitcoin Settles Above $27.1K After Early Wednesday Dip as Rate Hike, Inflation Worries Heighten
5 min read
  • Crypto

First Mover Asia: Bitcoin Settles Above $27.1K After Early Wednesday Dip as Rate Hike, Inflation Worries Heighten

cryptovert June 1, 2023
Good morning. Here’s what’s happening: Prices: Bitcoin settled above $27.1K after Cleveland’s Federal Reserve Bank president spooked...
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First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In
2 min read
  • Crypto

First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In

cryptovert June 1, 2023
First Digital Group announced today that it’s launching a USD stablecoin, FDUSD. The stablecoin is issued on...
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Bitcoin, Crypto Prices Brace for Downturn in Coming Liquidity Shock, Observers Say
3 min read
  • Crypto

Bitcoin, Crypto Prices Brace for Downturn in Coming Liquidity Shock, Observers Say

cryptovert June 1, 2023
Crypto markets are bracing for a downturn as liquidity tightening resumes after the U.S. debt ceiling is...
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Pixel Penguins, an NFT Charity Scam, Shows Dangers Of NFT Influencer Culture
6 min read
  • Crypto

Pixel Penguins, an NFT Charity Scam, Shows Dangers Of NFT Influencer Culture

cryptovert June 1, 2023
Achieving influencer status on social media is something that many up-and-coming non-fungible token (NFT) collectors dream of....
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CoinDesk Apologizes to Alex Grebnev
1 min read
  • Crypto

CoinDesk Apologizes to Alex Grebnev

cryptovert June 1, 2023
On 25 May 2023 we published a story headed “Alameda-Backed ‘Samcoins’ CEO Alex Grebnev Sued by Coin...
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First Mover Asia: Nearly $275 Million in Ether Burnt This Month as It Continues Deflationary Trend
4 min read
  • Crypto

First Mover Asia: Nearly $275 Million in Ether Burnt This Month as It Continues Deflationary Trend

cryptovert May 31, 2023
Good morning. Here’s what’s happening: Prices: A new report from K33 highlights heightened volatility in Bitcoin and...
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Bitcoin Edges Below $28K as Investors Eye US Debt Ceiling Progress
3 min read
  • Crypto

Bitcoin Edges Below $28K as Investors Eye US Debt Ceiling Progress

cryptovert May 31, 2023
Bitcoin (BTC) fell below $28,000 during U.S. trading hours on Tuesday but then steadied as investors monitored...
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ProShares’ Bitcoin Futures ETF Increasingly Underperforms BTC This Year: K33 Research
2 min read
  • Crypto

ProShares’ Bitcoin Futures ETF Increasingly Underperforms BTC This Year: K33 Research

cryptovert May 31, 2023
ProShares’ bitcoin (BTC) futures exchange-traded fund (ETF) is increasingly underperforming BTC this year, diminishing its appeal as...
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Web3 Payments Firm Transak Raises $20M
2 min read
  • Crypto

Web3 Payments Firm Transak Raises $20M

cryptovert May 31, 2023
Web3 payments startup Transak has raised $20 million in a Series A funding round led by early-stage...
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Texas Bill That Would Limit Miners’ Participation in Cost-Saving Grid Programs Stopped in House Committee
1 min read
  • Crypto

Texas Bill That Would Limit Miners’ Participation in Cost-Saving Grid Programs Stopped in House Committee

cryptovert May 31, 2023
A Texas state bill that would have limited bitcoin miners’ participation in cost-saving grid programs has not...
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