By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data A U.S. debt default would be bad for absolutely everything.Publish at: May 17, 2023 at 05:00PM
What Does the Debt Limit Showdown Mean for Bitcoin?
Investors Track Pepecoin Whales to Cash In on Meme Coin Mania as Wider Market Stagnates
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Crypto investors are attempting to capitalize on the latest wave of meme coin mania by tracking the movements of early pepecoin (PEPE) buyers.Publish at: May 17, 2023 at 04:02PM
Florida’s DeSantis Waging Toothless Campaign Against Digital Dollars, Lawyers Say
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The state-level campaign against a U.S. digital dollar made its first foray into established law with Governor Ron DeSantis’ signature on Florida’s effort to block the use of virtual government-backed money in business transactions.Publish at: May 17, 2023 at 03:30PM
Airstack Raises Over $7M for AI-Backed Web3 Developer Platform
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The pre-seed funding extension was led by Superscrypt, and Polygon was a prior investor.Publish at: May 17, 2023 at 02:33PM
First Mover Americas: Axie Infinity Rallies After Apple App Store Debut
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The latest price moves in bitcoin (BTC) and crypto markets in context for May 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Publish at: May 17, 2023 at 01:27PM
Ripple Buys Crypto Custody Firm Metaco for $250M
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Metaco will continue to operate as an independent business unit led by CEO and founder Adrien Treccani.Publish at: May 17, 2023 at 01:00PM
Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings.Publish at: May 17, 2023 at 01:00PM
StanChart-Backed Zodia and LMAX Digital to Provide CoinShares With Crypto Trading Infrastructure
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data LMAX Digital and Zodia Custody are to provide institutional-grade trading infrastructure and custody to CoinShares.Publish at: May 17, 2023 at 11:58AM
Indian Authorities Asked to Restore Crypto Exchanges’ Access to UPI
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data India’s government and central bank have received proposals asking to restore access of the Unified Payments Interface (UPI), a widely popular real-time payment system, to the crypto industry.Publish at: May 17, 2023 at 11:36AM
Axie Infinity’s Token Jumps 12% After Firm Lists Game on Apple App Store
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The dollar valued locked in the open futures contracts tied to AXS has surged to highest since February, signaling an influx of new money into the market.Publish at: May 17, 2023 at 11:30AM