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Bitcoin Weighed Down by $34K Resistance; Support at $20K-$25K
Bitcoin (BTC) price action is stabilizing over the short-term, but expect a rise in volatility. There is strong resistance at the 50-day mov...

Middle East Oil Producers Move Into Bitcoin Mining With Crusoe Energy Stakes
The U.S. startup – which uses flared natural gas to power Bitcoin mining rigs – counts the sovereign wealth funds of Abu Dhabi and Oman as i...

Are Exchange Layoffs the First Sign of Crypto Winter, or Is It Already Over?
Coinbase, Gemini and other crypto exchanges are laying off employees. But the cutbacks have not been as deep as previous market downturns, s...

Tackling the Quantum Threat to Bitcoin
It's time the crypto community faced up to the challenge of super-computing to their networks, says CoinDesk's chief content officer.

Consumers Lost Over $1B to Crypto Fraud Since January 2021, FTC Says
Consumers reported they have lost over $1 billion in crypto-linked fraud from January 2021 through March of this year, according to analysis...

Market Rout Prompts Analyst to Slash Bitcoin Miners’ Price Targets by Average of...
BTIG’s analyst remains positive on the longer-term outlook for the miners, however, and is sticking with his buy ratings for the stocks.

Chainlink Price Feeds Now Live on Solana
The first non-EVM chain supported by Chainlink will offer seven price feeds for the Solana DeFi ecosystem.

CoinDesk Confidential: Loretta Joseph
The veteran fintech consultant at Financial Services Commission (FSA) Mauritius answers our questionnaire ahead of Consensus 2022.

First Mover Americas: Bitcoin Slips as Report Shows Faster-Than-Expected US Jobs...
The latest moves in crypto markets in context for May 31, 2022.

2TM, unicornio cripto de Brasil, despide a más de 80 empleados
La compañía mencionó “el cambiante panorama financiero global”. Su principal competidor en América Latina, Bitso, había despedido una cantid...

U.S. May Job Growth Tops Expectations, With 390K Added
The unemployment rate fell to its lowest level since TK.

Crypto Firms, Especially Exchanges, Slash Jobs as Market Rout Continues
Many crypto companies are announcing substantial job cuts and hiring freezes amid challenging times for cryptocurrency and equity markets.

Head of Binance Labs Bill Qian Set to Leave Firm: Report
The head of Binance Labs, the venture capital arm of cryptocurrency exchange Binance, is about to leave the firm, according to a report.

Japan Passes Landmark Stablecoin Bill For Investor Protection: Report
Japan emerges as a precedent-setting nation by passing stablecoin regulation in the wake of the TerraUSD collapse.

New York Senate Passes Bitcoin Mining Moratorium
The New York Senate passed a bill imposing a two-year moratorium on new proof-of-work mining projects early Friday.

Brazilian Crypto Unicorn 2TM Lays Off Over 80 Employees
2TM, the holding company for Mercado Bitcoin, Brazil's largest crypto exchange by market valuation, laid off over 80 employees on Wednesday.

First Mover Asia: Bitcoin Climbs Past $30K, but Bearish Sentiment Remains
Cryptos were largely in the green, although trading was choppy; India crypto investors receive some upbeat news.

Riot Blockchain Sells More Bitcoin, Trims Hashrate Guidance
It’s the miner’s third consecutive month of bitcoin sales.

Trustless Evidence: Web 3 Is Helping Document War Crimes in Ukraine
In an era of misinformation, blockchain tech can renew our faith in evidential truth, eg in Ukraine, says Jonathan Dotan, ahead of his appea...

Coinbase Announces Cost-Cutting Measures as Crypto Firms Face Bear Market
The Coinbase news follows an announcement of layoffs at fellow exchange Gemini earlier today.

Market Wrap: Cryptos Mixed Amid Choppy Trading, Bitcoin Activity Slows
Cryptos were mixed on Thursday, while bitcoin (BTC) traded flat and Internet Computer's ICP token rallied by 20%. Regulatory concerns linger...

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