Bitcoin Technical Analysis: Bears Take the Reins Clawing BTC’s Price Back
On Monday, the valuation of bitcoin experienced a 3.3% decline within the past day, falling beneath the $42K threshold. Currently positioned at $42,224, bitcoin’s valuation is undergoing a marked shift in the cryptocurrency landscape on Dec…
First Mover Americas: Bitcoin Slips to $42K From Last Week's Yearly High
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Google Says It Has Updated Policy Relating Crypto Coin Trusts Adverts
Starting on Jan. 29, advertisers of cryptocurrency coin trusts targeting the U.S. market will have to meet certain requirements before promoting these on Google. According to the internet giant, violation of this new policy will not result in the…
Avalanche Rules Top 10 Ranking With 61% Weekly Gain – Here’s The Scoop
Among the top 10 cryptocurrencies this week, Avalanche (AVAX) is in the lead after rising by more than 60% in the last seven days. Its price has risen to $36, placing it in the top 10 digital assets in terms of market capitalization. AVAX prices…
Argentine crypto influencers hope Javier Milei will shun FATF Travel Rule
The Argentine president, inaugurated on Dec. 10, has promised to disband the country’s central bank but hasn’t made any official commitment to introduce Bitcoin-friendly legislation.
Nigerian Web3 Startup Wicrypt Gets Grant From Microsoft to Develop Its Infrastructure Network
Nigerian Web3 startup Wicrypt announced on Dec. 6 that it had received a $150,000 grant from Microsoft. The startup plans to use the grant to improve productivity around its decentralized physical infrastructure network development chain. In late…
Cathie Wood's ARK Invest Sells Most Coinbase Shares Since July as Price Rises
ARK has been consistently selling Coinbase stock in recent weeks. Friday's is the largest sale since July, when it sold 480,000 shares worth $50.5 million at the time.
The Ethereum price has been among the worst hit in the flash crash that took place on Monday. The crash sent the asset’s price down below $2,200 for the first time in the last week and has continued to trend low around this point. As the market…
Crypto fund worth $500M eyes Animoca Brands and Chainalysis: Report
The C1 Secondaries Fund, which invests in companies in the digital assets space, is reportedly seeking to invest in crypto firms at discounts of up to nearly 80%.
Bank of Russia States Digital Ruble Pilot Will Continue Until the End of 2024
The Bank of Russia has offered an update on the future of the digital ruble pilot, the Russian central bank digital currency (CBDC). The bank’s press service clarified that the pilot will continue throughout 2024 and until the massification…
Vivek Ramaswamy Blasts SEC Chair Gary Gensler: ‘Regulations Need to Catch Up’
Presidential candidate Vivek Ramaswamy heavily criticized the lack of action of the U.S. Securities and Exchange Commission (SEC) and its chair, Gary Gensler, on the fraud cases in the crypto industry. Ramaswamy stated that regulations needed to…
Bitcoin Wallet Conio, Coinbase Team Up to Bring Crypto to Italian Banks
Conio is also deeply involved in the institutional uptake of digital assets, specifically the Euro Token project overseen by the innovation center of the Bank of Italy.
Hold Your Horses: Bitcoin Could Fall Back To Under $38,000, These Analysts Say
Over the past 24 hours, the cryptocurrency market has witnessed Bitcoin consolidating its position in the digital financial space. Amidst a wider cryptocurrency selloff, Bitcoin offered yet another example of its infamous volatility, plunging…
Latam Insights: El Salvador’s Bitcoin Portfolio Goes Black, Brazil Brings Digital Currency Talk to G20
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The portfolio of bitcoin investments of the Salvadoran government went into black numbers, Brazil will…
Crypto VC C1 With Coinbase Lineage Eyes Acquisition in Australia: Report
Crypto venture capital firm C1, which is led by former Coinbase executives, has met with several cryptocurrency groups and Australian venture firms offering to buy private holdings from investors using its $500 million ($AUD 760 million) fund…
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