First Mover Americas: Bitcoin Recedes to $67K as Crypto Market Sees Slight Dip
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Why This Crypto Asset Is Bitwise CIO’s Best Contrarian Bet Right Now
In an interview with Aaron Arnold, founder of Altcoin Daily, Matt Hougan, the Chief Investment Officer (CIO) of Bitwise Asset Management, shared his optimistic outlook on Ethereum for 2025. Amidst a crypto landscape where Bitcoin and emerging…
Crypto Scheme Settlement: Tennessee and GS Partners Resolve Misleading Digital Asset Investments
Tennessee has secured a multi-million dollar settlement with GS Partners over alleged deceptive investment schemes involving digital assets and the metaverse. Investors were enticed with tokens and vouchers linked to physical gold, skyscrapers, and…
Web3 provider says access to quantum computing is ‘human right’
Dynex co-founder Daniela Herrmann told Cointelegraph that innovation is a human right and that she believes technology should be available to everyone.
WLFI Token Launch, Backed By Trump, Falls Flat On $300 Million Fundraising Target
The anticipated launch of the Donald Trump World Liberty Financial (WLFI) token has globally faced challenges in raising the expected $300 million. Thus, the fundraising activities have been described as a total failure within two days after it was…
Unstoppable Domains Launches Metamask Snap, Enabling Cross-Chain Name Resolution for 4 Million Users
Unstoppable Domains has announced the launch of Metamask Snap, an integration that allows for cross-chain name resolution for over 4 million users. This new feature enables users to send and receive cryptocurrency using easily recognizable domain…
Bitcoin Coinbase Premium Is Negative Despite $68,000 Rally: What It Means
Data shows the Bitcoin Coinbase Premium Index has remained negative during the rally to $68,000. Here’s what this could mean for the asset. Bitcoin Coinbase Premium Index Is Currently Showing Red Values As explained by an analyst in a…
Ireland Moves to Draft Urgent Legislation for Cryptocurrency Regulations Ahead of EU Deadline
Ireland’s Finance Minister Jack Chambers has announced plans to draft urgent legislation aimed at updating financial regulations to include cryptocurrency and digital asset firms. According to the Irish Examiner, this legislation is crucial…
Ethereum Whales Are Quietly Accumulating—Is A Major Price Breakout Coming?
As Ethereum continues to trail behind Bitcoin’s ongoing recovery in price, it seems the second-largest cryptocurrency by market cap is experiencing some positive developments in the background. According to recent data from IntoTheBlock, large…
Russia’s Digital Currency Measures Fail to Satisfy FATF, Blacklist Possible
Russia’s financial regulator maintains that its anti-money laundering system, including strengthened virtual currency regulations, remains effective even if the country faces potential blacklisting by the Financial Action Task Force (FATF)…
Kalshi Finds 'Widespread Evidence' of Strong Republican Momentum in U.S. Elections
A note from Kalshi's market research team suggests the prediction market - polls gap can be explained by Harris' sliding popularity with key demographics.
Ethereum (ETH) About To ‘Catch Up On BTC’, Is It Ready To Reclaim $3,000?
Following the market’s recent performance, Ethereum (ETH) attempted to break out of a bullish formation. Some analysts believe the cryptocurrency is preparing to catch up with Bitcoin and aim for March highs. Ethereum Getting Ready To Challenge BTC…
Sui Foundation Denies $400 Million Token Sales Claims
The Sui Foundation has denied allegations that its employees or insiders from Mysten Labs sold $400 million worth of SUI tokens. The foundation also rejected claims that insiders were involved in preemptive selling or violating token lockup…
Bitcoin Dominance Hits New Cycle High Of 58.9%, More Pain Before Altcoin Season?
As Bitcoin (BTC) inches closer to $70,000, its dominance in the wider crypto market has risen to a cycle high of 58.9%. Bitcoin Dominance Rises, Are Altcoins In Trouble? Bitcoin dominance (BTC.D), a metric that measures the proportion of the total…
US lagging behind in global stablecoin adoption — Chainalysis
Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions.
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