Why Momentum Trading Works In Crypto
Crypto markets have specific characteristics that align with a strategy of riding momentum in price movements.
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'A Pyramid of Deceit': Prosecutors Begin Closing Argument in Sam Bankman-Fried Fraud Trial
Prosecutors are hoping the four-week case will lead to a conviction on seven charges.
Fed Seen Holding Rates Steady, but Policy Statement and Press Conference Will Be Key for Bitcoin
The U.S. central bank concludes its two-day policy meeting on Wednesday afternoon.
Near Token Rallies Amid Nym Partnership, Ahead of Nearcon Conference
The Near Foundation announced a partnership with Nym Technologies, a privacy layer-0 infrastructure startup.
How a Ph.D. Student's Research Paper Turned Celestia Into $345M Blockchain Project Overnight
This week's launch of the new "data availability" network Celestia came with an airdrop of the project's TIA tokens, one of the most anticipated giveaways in the crypto industry of the past year.
PayPal UK Unit Registers as Crypto Service Provider
The payments firm will now be able to offer services and approve crypto-related communications in the country.
First Mover Americas: Trading Giants Like Jane Street Might Support Blackrock’s BTC ETF
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
FTX, Alameda Wallets Move More Than $78 Million in Crypto to Exchanges: Spotonchain
Just over $13 million in crypto were moved to Binance and Coinbase overnight, data from Spotonchain show.
Raging Bitcoin Bull Market Ahead, According to Key Indicator
The crypto's weekly RSI has crossed above 70, indicating a strengthening of upward momentum.
Cubist, Led by Computer Science Professors, Releases Wallet-as-a-Service 'CubeSigner'
According to CEO Riad Wahby, who's an assistant professor of electrical and computer engineering at Carnegie Mellon, the new wallet will be "a hundred times faster" than competing products.
Upcoming UK Rules for Crypto Ad Approvers Spell Uncertainty for Industry
Those approving ads for other crypto companies are already facing regulatory scrutiny – and will soon need new permissions to continue.
CFTC Awards $16M to U.S. Whistleblowers; Most Tips Were Crypto-Related
Crypto continues to have pervasive fraud and other illegality, Commissioner Christy Goldsmith Romero said.
Sam Bankman-Fried Survived His Testimony. Next Up: The Jury
More than 60 people lined up to watch Sam Bankman-Fried's fourth day of testimony, filling the single overflow room to the point extra chairs were set against the walls for some of the audience members.
Bitcoin’s Safe Haven Status Bolstered by Treasury Underperformance, Mohamed El-Erian Says
"You have people talking about bitcoins, about equity, being the safe asset," El-Erian told CNBC.
BitGo Granted German Crypto Custody License by BaFin
BitGo had already been storing crypto assets under the regulator's supervision since 2019 as part of a transitional regime, the firm said.
'Bruno Brock', Founder of Oyster Pearl, Gets Four Year Jail Term for Tax Evasion
Elmaani pleaded guilty in April 2023, agreeing that he caused a tax loss of over $5.5 million.
Turkey in "Final Stage" of Bringing Crypto Legislation as Last Step to Get off FATF's Grey List: Minister
Turkey is in the "final stage" of bringing crypto legislation to its parliament, a last step required for it to be removed from the Financial Action Task Force's (FATF) "grey list.
Frax Finance Says its Domain Name Hijacking Has Been Resolved
Frax founder Sam Kazemian says his team has been "left in the dark" by the domain registrar as to what happened.
As Sam Bankman-Fried Fraud Trial Nears Close, a Terse Judge Sets Jury Instructions
Bankman-Fried completed his testimony Tuesday, concluding the presentation of evidence from both sides in the Justice Department's case against the FTX founder.
Bitcoin Saw 27% October Surge as Traders 'Panic Bought' Amid Bitcoin ETF Enthusiasm. Is $40,000 Next?
The boredom ended in October as cryptocurrency prices zoomed higher, with the biggest of them all, bitcoin [BTC], posting the strongest monthly rally since January as investors were abuzz with optimism that bitcoin ETFs will soon get approved in…
AI-Related Tokens Stumble After White House Executive Order
Issued Monday, President Biden's executive order is aimed at potential threats posed by artificial intelligence, but critics of the White House action wonder if innovation could be stifled.
U.S. SEC Messed Up in Handling Contentious Crypto Accounting Bulletin: GAO
The U.S. Securities and Exchange Commission (SEC) was out of bounds when it issued its controversial "Staff Accounting Bulletin 121," according to the Government Accountability Office (GAO). The 2022 guidance, which the industry says threatens…
Circle Curbs Stablecoin Minting for Retail Users, Moving Closer to Tether's Practice
USDC issuer Circle Internet Financial said it is curbing support for individual consumer accounts to mint stablecoins, with currently only accepting qualified institutional clients.
Tether Reports $3.2B Excess Reserves, but Lags in Reducing Secured Loans
Tether reported $3.2 billion of excess reserves backing the value of its stablecoins including USDT, according to its Q3 attestation released Wednesday.
BlackRock's Bitcoin ETF Might Have Trading Support of Heavyweights Like Jane Street, Jump and Virtu: Source
Amid the crypto crackdown, a BTC ETF, if approved, would open a new pathway for U.S.-based firms to get a piece of the crypto action – in a way that plays to their conventional strengths.
Coinbase-Backed Advocacy Group Enlists Crypto Masses, Raises $2M From 80,000
A Coinbase (COIN) effort to drum up a cross-country swell of amateur crypto advocates – the nonprofit Stand With Crypto – has paid off with a surge of more than 100,000 individuals getting involved in the opening weeks, organizers say.
Celestia Airdrops TIA Token as Network Goes Live, Claims Start of 'Modular Era'
Celestia's mainnet beta is live following the issuance of its native token, TIA.