Bitcoin Technical Analysis: BTC Crosses $73K; Bulls Eye $75K as Next Major Goal
On March 13, 2024, bitcoin achieved a new peak in its market value, reaching an unprecedented high of $73,679. In the past 24 hours, bitcoin not only increased by 1.8% but also showed notable gains over the week (10.7%) and the last two weeks…
EU Regulators Publish Batch of Draft Rules for Stablecoins Under MiCA
The draft Regulatory Technical Standards (RTS) lay out requirements for issuers when dealing with complaints about stablecoins referencing multiple currencies.
First Mover Americas: Coinbase Plans $1B Bond Sale
The latest price moves in bitcoin (BTC) and crypto markets in context for March 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Wealthy London Residents Reportedly Use Cryptocurrency for High-End Property Rent Payments
Some of London’s wealthy residents are reportedly using cryptocurrency to pay for luxury home rentals. High interest rates and a dampened real estate market have led the city’s affluent residents to opt against buying properties. The…
Ethereum Challenger Monad Labs in Talks to Raise $200 Million
The smart contract platform, Monad Labs is in talks to raise over $200 million via a funding round that is likely to be led by venture capital firm Paradigm. A successful funding round will see Monad Labs’ valuation rocket to $3 billion…
PRESS RELEASE. Zürich, Switzerland, March 13, 2024 – TRON DAO has collaborated with Token Terminal, integrating the TRON network’s data into Token Terminal’s sophisticated suite of data analytics tools. This collaboration…
Terraform Labs Allowed to Hire Law Firm Dentons in Bankruptcy Case by U.S. Court: Reuters
A U.S. court has allowed Terraform Labs to hire law firm Dentons to defend the company in a lawsuit brought against it by the U.S. Securities & Exchange Commission (SEC) in Jan. 2024.
Bitcoin Hodlers Eye Long Term: $520 Million BTC Go To Cold Storage
Bitcoin (BTC) danced into uncharted realms this week, breaking barriers with a triumphant surge that pushed its value beyond the $73,000 mark. The cryptocurrency world, once again, finds itself in the midst of a thrilling price discovery phase…
Instant Settlement Needed to Compete With Crypto, India's Markets Regulator Says
The chairperson of India's markets regulator has warned that if it doesn't offer instant settlement investors will move to spaces like the crypto industry.
Creating a More Fair Ecosystem for Stakers and Validators With Bahamut Blockchain
The Bahamut blockchain is an innovative EVM-based, layer 1 solution, renowned for its security, decentralization, and scalability. It uses the FTN coin for network operations, cross-chain functionalities, and rewards. Notably secure, Bahamut has…
Phishing Scammers Stole $47 Million From 57,000 Victims in February Alone — Report
Nearly $47 million was stolen from approximately 57,000 crypto users by criminals who use phishing scams to lure victims. The Scam Sniffer data highlights that most of the thefts occurred on the Ethereum chain, with ERC-20 tokens being the most…
Bitcoin ETFs See Record $1 Billion Inflows, Pushing Price Over $73,500
Yesterday, the Bitcoin price journey resembled a high-intensity rollercoaster ride, initially soaring past the $73,000 mark before encountering a tumultuous liquidation event. This event saw over $361 million worth of leveraged trades unwound…
Binance-Nigeria Brawl Continues as Country Asks Exchange to Submit List of Top 100 Users
Nigeria wants Binance to give information regarding its top 100 users in the country and all transaction history spanning the past six months, the Financial Times reported on Tuesday.
South Korea Preparing Tax System to Avoid Cryptocurrency Tax Evasion
The National Tax Service in South Korea is preparing to launch a virtual asset tax system to help analyze the information received from cryptocurrency holders to avoid cryptocurrency tax evasion. Local sources reported that the agency had…
U.S. Government Study Concludes No NFT-Specific Legislation Needed, Current Copyright Laws Adequate
The current intellectual property laws are adequate to deal with concerns about copyright and trademark infringement associated with non-fungible tokens (NFTs).
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