Posts published on December 18, 2023 go to media archive 3/4
Ethereum Technical Analysis: ETH Succumbs to Bearish Pressure and Upper Resistance
As of Dec. 18, 2023, ethereum exhibits a complex interplay of bearish and bullish signals across various technical indicators. The second-leading crypto asset, currently priced at $2,125 to $2,165, faces a critical juncture in its market…
Crypto Won't Get Long-Awaited U.S. Rules in 2024, But the Courts May Steer Its Future
The U.S. Congress is still wrestling over crypto, so it's unlikely that a full regulatory regime will be in place before 2025, though court rulings and agency policies will keep emerging.
Bitcoin miner Cipher buys 37K Bitmain Antminers for $99.5M
The new crypto-mining equipment to be bought by Cipher is expected to deliver 7.1 EH/s of self-mining capacity by the first half of 2025.
5 Predictions for Real World Assets in 2024
Tokenized finance took off this year. 2024 promises growth in new directions, say Collin Erickson and Mac Naggar of the RWA.xyz research team.
Ripple, Coinbase, a16z invest $78M in pro-crypto PAC ahead of US elections
Prominent cryptocurrency companies and investors intend to support pro-cryptocurrency candidates during the 2024 U.S. election cycle.
Bitcoin Technical Analysis: BTC Navigates Choppy Waters and Uncertainty
As bitcoin trades between $40,850 to $41,075, investors are eyeing several charts, oscillators, and moving averages for clues about the leading crypto asset’s next move. Oscillators signal neutrality, while moving averages paint a mixed…
Metis, Ethereum Layer-2 Network, Creates $100M Fund as Decentralized Sequencer Launch Nears
The distribution of funds is planned for the first quarter of 2024, and supposed to occur a week after Metis' decentralized sequencer will go live.
Circle Issues Euro-Backed Stablecoin EURC Natively on the Solana Blockchain
Circle aims to boost around-the-clock foreign exchange transactions and remittances by deploying EURC on Solana.
BlockShow unites with BlockDown for a crypto festival in Hong Kong
BlockShow marks its return to in-person conferences by joining forces with BlockDown to bring a crypto festival to an iconic Hong Kong location in May 2024.
Real Estate Investors Are Flocking To Bitcoin in Record Numbers, Says Swiss Exchange
Relai, a Swiss Bitcoin exchange, has disclosed with Bitcoin Magazine that a staggering 75% of its Over-The-Counter (OTC) revenue in the final quarter of 2023 stemmed from private clients diverting proceeds from real estate sales into Bitcoin…
US politician uses AI campaign caller ahead of 2024 elections: Report
The AI campaign caller bot goes by the name Ashley and is trained off internet data which allows her to have an infinite number of real-time conversations with voters.
What Prediction Markets Are Forecasting for Crypto in 2024
Which projects will do airdrops? Will Kraken go public? Will OpenSea launch a token? I have no idea, but traders with skin in the game think they do.
Fairshake Super PAC Raises $78M to Support Crypto Candidates in 2024 U.S. Election
The group has support from Andreessen Horowitz (a16z), Ark, Circle, Ripple, Coinbase and more.
VanEck CEO Predicts When The Bitcoin Price Will Reach $69,000 Again
VanECK’s CEO, Jan van Eck, had so much to say about Bitcoin in a recent interview. One of the highlights was his prediction as to when the flagship cryptocurrency will once again hit its all-time high (ATH) of $69,000. When Bitcoin Will Hit…
First Mover Americas: Bitcoin Struggles to Gain Momentum; FTX Files Plan to End Bankruptcy
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 18, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
OKX NFT Marketplace tops Blur and OpenSea in daily trading volume
OKX NFT Marketplace recorded a 24-hour trading volume of $50 million on Dec. 18, surpassing its competitors in the NFT space.
Man Fingered in the July 2022 Hack on 2 Decentralized Exchanges Pleads Guilty to Computer Fraud
U.S. Attorney for the Southern District of New York announced on Dec. 14 that Shakeeb Ahmed, a man accused of hacking two decentralized crypto exchanges, had pleaded guilty to the charge of computer fraud. Ahmed is said to have attempted to cover…
Solana Threatens To Unseat Ethereum In Trade Volume With $1 Billion In Single Day
Solana, the blockchain platform launched in 2020, has achieved a significant milestone, trailing Ethereum in 24-hour decentralized exchange (DEX) volume. This historic accomplishment has garnered widespread attention from crypto leaders and…
Hut 8 agrees to develop mining site to build equity with Celsius creditors
Hut 8’s new mining site in Cedarvale, Texas, will house almost 66,000 miners and will be powered by more than 215 MW of energy.
Belgium to Push European Blockchain Network During EU Council Presidency, Digital Minister Says
EU-wide blockchain services could support the bloc’s pursuit of digital sovereignty, Mathieu Michel tells CoinDesk.
Report: Worldcoin Set to Resume Kenyan Operations in Early 2024
Worldcoin, the iris biometric crypto project, has reportedly reached an agreement with Kenyan authorities which allows it to resume operations in the African country. Worldcoin representatives are said to be “working directly with regulators…
Spot Bitcoin ETF will be ‘bloodbath’ for crypto exchanges, analyst says
Spot Bitcoin ETFs could trigger unwanted consequences for crypto exchanges like Coinbase due to lower transaction fees, according to ETF analysts.
Changelly Releases Updated Predictions For XRP Price, When Will It Cross $10?
Cryptocurrency exchange Changelly has released an updated prediction for the XRP price that spans almost a decade from now. The prices in the new predictions deviate heavily from their previous predictions, and this time around, the predictions…
Improbable sells gaming venture for $97M, shares 2024 metaverse predictions
The Web3 metaverse developer Improbable sold its gaming venture, The Multiplayer Group, as a part of its venture strategy for 2024.
FTX Files Reorganization Plan to End Bankruptcy
Asset values for creditor claims will be calculated at prices on the day FTX filed for bankruptcy in November 2022, the plan says.
Latam Insights: Volcano Bonds Target Q1 2024 Launch, Unblock Global $15 Million Bitcoin Flare Gas Bet
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Salvadoran Volcano Bonds might be launched in Q1 2024, Unblock Global raised $15 million for a flare…
Trader gambles $226K on Solana memecoin, hits $1.69M in 5 days
Another dog-themed crypto token comes into the limelight as the Solana memecoin frenzy continues.
Synthetix (SNX) Drops 18% As Crypto Market Cools Down – Details
The market is currently experiencing an enormous pullback after nearly a month of continuous gains. According to Coingecko, the broader crypto market is down nearly 3% as major cryptocurrencies like Bitcoin, Ethereum, and XRP drop from year-to-date…
Major NFT Indicies Stable After NFT Trader Hack
Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs were returned to their owners after Yuga Labs' Greg Solano and Boring Security DAO paid a bounty.