Michael Saylor's MicroStrategy Acquired Another 9,245 BTC for $623M
MicroStrategy now holds approximately 214,246 BTC ($13.5 billion), which is more than 1% of all the 21 million bitcoin that will ever exist.
Posts published on March 19, 2024 go to media archive 3/3
EU Lawmakers Vote for Three Major Texts in Anti-Money Laundering Package That Also Targets Crypto
The broad package sets up an anti-money laundering authority, a single rulebook for all 27 member states, and tough rules for crypto service providers.
Stablecoin Project Gyroscope to Conduct Points Program, Launch High-Yield Liquidity Pools
Gyroscope seeks to boost its GYD stablecoin with new products servicing airdrop farmers and yield seekers.
First Mover Americas: Bitcoin Slumps, Liquidations Surge
The latest price moves in crypto markets in context for March 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Top Reasons Why The Bitcoin Price Crashed Below $63,000
The flagship cryptocurrency, Bitcoin, dropped below the $63,000 mark in the last 24 hours and is currently on a price correction, having recently hit a new all-time high (ATH) of $73,750. This price dip is believed to be due to several factors…
Citi and Brazilian Development Bank Join Hyperledger Foundation
The Foundation has also launched a collaborative working group for traditional financial institutions to work atop of the company’s Besu Ethereum client.
Bitcoin Falls to Sub-$63K as Market Awaits Federal Reserve’s Next Move
On Tuesday, the value of bitcoin fell to a low of $62,355, experiencing a decline of over 7% against the U.S. dollar in the last 24 hours and a decrease of 12.4% in the past week. This downturn led to the liquidation of a substantial number of…
Galaxy Digital to Introduce Exchange-Traded Products in Europe in 'Matter of Weeks'
Galaxy Digital teamed up with asset manager DWS last April to develop ETPs designed to give Europeans access to digital-asset investment through traditional brokerage accounts.
Bank of Japan Ends Eight-Year Negative Rates Regime; Bitcoin Slides to $62.7K
The BOJ hiked the benchmark borrowing cost by 10 basis points, abandoning the prolonged negative interest rate policy.
Crypto Entities That Neglect AI and Machine Learning Investment Will Lag Behind, Warns Binance CTO
Solana Meme Coin Slerf Clocks Higher Trading Volume Than All of Ethereum
Some professional traders have termed SLERF a “blue chip meme” – a nod to blue chip stocks – for reasons ranging from its fair distribution among holders to perceived future demand.
Bitcoin Drops Under $63K, Leads to Marketwide Correction
Crypto market capitalization fell more than 8% in the past 24 hours, data shows.
Grayscale CEO Believes Bitcoin ETF Fees Will Drop Over Time: CNBC
GBTC has seen $12 billion in outflows since due in part to its high fees compared to its competitors.
Japan's $1.5 Trillion Pension Fund Explores Diversifying Into Bitcoin
Japan's Government Pension Investment Fund (GPIF), the world's largest pension fund managing over $1.5 trillion in assets, has announced it will explore diversifying a portion of its portfolio into Bitcoin.According to the announcement, the GPIF…
UK Regulator FCA Plans to Deliver a Market Abuse Regime for Crypto This Year
The U.K. has been refining it approach to regulating the crypto sector.
Brevan Howard-Backed Tokenization Firm Libre Goes Live
Libre has added a tokenized version of a BlackRock money-market fund so investors can earn yield while parking their capital.
Shiba Inu Ecosystem Blooms: BONE Jumps 44% With $3 Target In Sight
Bone ShibaSwap (BONE), a token within the Shiba Inu ecosystem, has showcased remarkable resilience amidst a predominantly bearish market. Despite the downward trend, BONE has emerged as a top performer, catching the attention of community analyst…
Hong Kong Launches Second Phase of Its CBDC Pilot Program
The Hong Kong Monetary Authority announced the launch of the second phase of the pilot of its CBDC, the digital Hong Kong dollar (e-HKD). This new phase will focus on furthering the research on already examined use cases for the currency, including…
World's Largest Pension Fund Seeks Information on Bitcoin Under Portfolio Diversification Plan
Japan's state pension fund, GPIF, is seeking information about bitcoin as part of a broader strategy initiated in response to significant economic and societal changes and technological advancements.
Bitcoin’s Slump Sees Crypto Bulls Staring at $440M in Liquidations
Prices could be headed to as low as $55,000 in the coming weeks, one trader said, but the long-term bullish outlook remains intact.
Japan’s $1.5 Trillion Pension Fund To Assess Bitcoin For Diversification
The Government Pension Investment Fund (GPIF) of Japan, the world’s largest pension fund with assets totaling $1.5 trillion, has officially announced its initiative to explore diversification opportunities that include Bitcoin, alongside…
Binance Asks Prime Brokers to Enhance KYC to Block U.S. Nationals: Bloomberg
The presence of U.S. nationals on the platform has been a contentious issue for authorities as, officially, they are banned but continue to pop up.
Crypto Compliance Platform Keyring Raises $6M to Unlock DeFi for Institutions
The company allows institutional investors to comply with regulations when interacting with DeFi, and recently facilitated a proof of concept trial with Nomura's crypto arm Laser Digital by building a compliance wrapper on top of USDC stablecoin.
Bitcoin No Longer Trading at a Premium on Coinbase, Data Show
The so-called Coinbase premium has evaporated, indicating a weaker stateside buying pressure.
Grab’s Singapore Users Can Now Use Crypto to Make Payments
The Grab super app is now making available the option of paying in cryptocurrencies, The Straits Times reported Tuesday citing alerts from Grab users.
Grayscale Investments Submits Revised Application for Spot Ethereum ETF
Grayscale Investments’ Chief Legal Officer announced that the firm has submitted a revised Form 19b-4 for spot Ether exchange-traded funds. The officer, Craig Salm, stated that investors are seeking access to ethereum via a spot Ethereum…
Bitcoin Virtual Machine Will Soon Let Users Create AI Models on Bitcoin Network
“We've figured out a way to put AI on-chain,” lead developer punk3700 told CoinDesk in an X message.