Bitcoin Briefly Pushes Above $31K After Fidelity Spot ETF Report
Fidelity previously applied for a spot bitcoin ETF in 2021, but the effort was rejected by the SEC.
Posts published on June 27, 2023 go to media archive 3/5
Bitfinex Launches Peer-to-Peer Trading Platform in Argentina, Colombia and Venezuela
Users will be able to buy and sell bitcoin, ether, USDT, EURT and XAUT.
Three Arrows Capital Liquidators Seek $1.3B From Bankrupt Hedge Fund's Founders: Bloomberg
The fund founded by Su Zhu and Kyle Davies suffered big losses on the collapse of the Terra ecosystem starting in May 2022 and took on additional leverage despite already being insolvent, the liquidators say.
Web3 firms are spending up to $25M on HK crypto licenses: Report
VASP expenditures are varying between 20 million to 200 million Hong Kong dollars as firms scramble to find Web3 talent for licensing.
The Second FTX Asset Recovery Report Is Packed With Bombshells
New claims put FTX and Alameda Research founder Sam Bankman-Fried and his friends even closer to the center of a brazen conspiracy.
2023 Bitfufu Mid-Year Festival: All in Bottom Mining! Up to 20% Off
PRESS RELEASE. [Singapore], 27th June 2023 – Bitfufu, a leading crypto mining platform, announces the highly anticipated 2023 Bitfufu Mid-Year Festival. Enjoy incredible deals and promotions, maximizing your mining returns. With the theme…
13 DeFi leading practices CeFi companies would be wise to emulate
To better meet the changing needs and demands of users, CeFi companies should take a close look at what makes DeFi companies appealing.
Adenasoft launches new crypto exchange white label solution: ACE
Adenasoft, a South Korea-based IT/software company, has just announced the launch of ACE, their new SaaS product designed for cryptocurrency exchanges. ACE fully prepares businesses for exchange operations quickly, taking less than a month to get…
Don’t Overlook Tokyo and Hong Kong as Crypto Hot Spots
The two Far East financial hubs take a comprehensive approach to overseeing crypto, and are likely to attract businesses from around the world. They don’t appear on CoinDesk’s Crypto Hubs 2023 ranking of the 15 best places to live and work for…
Report: Swiss Authorities Seize $26 Million in Cryptocurrency Linked to Terraform Labs and Do Kwon
Law enforcement officials in Switzerland reportedly seized approximately $26 million in bitcoin and other cryptocurrencies, believed to be linked to Terraform Labs and its co-founder, Do Kwon. Local media in South Korea revealed that the funds were…
Bitcoin bulls grill $31K as Fidelity ETF move fuels BTC price strength
Bitcoin manages another attack on $31,000, while traders hope for further BTC price upside in the coming days.
Bitcoin Holders Expect Retrace, Will BTC Move Against Crowd Once Again?
Data shows bearish sentiment has spiked among Bitcoin holders, something that could actually work in the favor of the asset’s price. Social Media Users Have Turned Bearish On Bitcoin As explained by the analytics firm Santiment, traders have…
Mythical Games raises $37M for in-game marketplace in Series C round
The company expects to raise another $20-$30 million when the full round closes in the coming months.
Robinhood To Lay Off 7% of Full-Time Staff In Latest Restructuring
Approximately 150 employees of trading firm Robinhood Markets are slated to lose their jobs, according to a Wall Street Journal report on Monday. This decision, which constitutes the third round of job cuts happened within a span of slightly over a…
Bybit’s MVP license in Dubai ‘very restricted,’ CEO says
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
Bitcoin, Ethereum Technical Analysis: BTC Rebounds Ahead of US Consumer Confidence Report
After a three-day losing streak, bitcoin rebounded on Tuesday, ahead of the upcoming consumer confidence report in the United States. Price briefly fell below the $30,000 level earlier in the session, however bullish momentum has since returned…
How do they compare: Bitcoin IRA vs. traditional IRA
When it comes to retirement planning, there are a variety of investment options available to help individuals save for their golden years.
A16z, ARK Invest Back $37M Round for Mythical Games
Crypto asset manager Scytale Digital led the Series C extension round for the NFL Rivals creator.
Bitcoin Prices Topping $31.9K Would Confirm Long-Term Bullish Bias: Fairlead Strategies
The Ichimoku cloud, created by Japanese journalist Goichi Hosoda in the late 1960s, is used by traders and analysts to monitor momentum and trend direction.
Google says its next AI ‘Gemini’ will be more powerful than ChatGPT
Google DeepMind’s CEO says developers are building on technology from its 2016 AlphaGo model to outfit Gemini to be “more capable” than current large language models.
Ethereum Classic (ETC) Soars 22% In One Week, Is $20 Possible?
Ethereum Classic (ETC) bulls have been active over the past week, bullishly pushing the token’s price with significant gains in the last seven days. An over 22% seven-day price increase saw ETC smash the $15.79 resistance level to $18.74 at…
First Mover Americas: Crypto Funds See Largest Inflow in a Year
The latest price moves in bitcoin (BTC) and crypto markets in context for June 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Chibi Finance Rug Pulls Users for $1M, CHIBI Falls 98%
Over 555 stolen ether were swapped from Arbitrum from Ethereum, a security firm said.
Things Are Brewing In Prague
This is an opinion editorial by Joakim Book, a research fellow at the American Institute for Economic Research and contributor to HumanProgress.org and the Mises Institute.The first thing that met attendees when entering the venue at BTC Prague’s…
Crypto Hubs 2023: Where to Live Freely and Work Smart
With shifting regulatory regimes worldwide, crypto is on the move to find the best locales to put down roots, get licensed, register or just be. Crypto Hubs 2023, our ranking of the top 15 global crypto hubs, is a good place to start.
Cathie Wood’s ARK reportedly ‘first in line’ for a spot Bitcoin ETF
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
Zug: Where Ethereum Was Born and Crypto Goes to Grow Up
What is not to like about the tiny Swiss city where Vitalik Buterin and his cofounders launched Ethereum? The No. 1 spot on CoinDesk’s Crypto Hubs 2023 ranking has it all: regulatory clarity, crypto-friendly banks and a lively crypto job market and…
Singapore: The Center of Asian Crypto Wealth Is Ready for a Reset
A fintech hub turned early crypto adopter, Singapore raised billions through ICOs. Cue parties on yachts and at luxury villas. But after the collapse of homegrown crypto darlings Terraform Labs and Three Arrows Capital, the No. 2 spot in CoinDesk’s…
London: The World’s Capital for Foreign Exchange Adds Cryptocurrencies to Its Ledger
Already a global hub for finance, the No. 3 spot in CoinDesk’s Crypto Hubs 2023 has a healthy grassroots crypto adoption rate and a prime minister eager to attract the digital asset industry.
Seoul: Asia’s Retail Crypto Capital Moves on After Do Kwon
South Korea’s nearly 7 million registered users, many in the nation’s capital, show a huge interest in trading crypto. But CoinDesk’s 4th-ranked Crypto Hub for 2023 is still licking its wounds after the catastrophic collapse of Do Kwon’s Terra…