[Dec 13, 2023 9:48 AM] Today, the Financial Accounting Standards Board (FASB) announced new rules that will require companies to account for cryptocurrencies like Bitcoin at fair value. The rules are set to go into effect on December 15, 2024, but companies…
[Dec 13, 2023 9:00 AM] IntroductionJudaism is based on a construct of ethical codes of conduct that are taught at weekly gatherings. Each week on Saturday mornings, Jews come together to read a weekly portion of the Torah (Old testament) to learn about the tenets of…
[Dec 13, 2023 8:36 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Dec 13, 2023 8:19 AM] Bitcoin traders eye BTC price levels of interest as the U.S. PPI preserves the declining inflation narrative ahead of the Fed’s rates decision.
[Dec 13, 2023 4:45 AM] Bitcoin seems to be undergoing a period of consolidation and profit-taking after eight weeks of phenomenal price growth. The world’s largest crypto has had incredible growth this year, with a special surge starting in the middle of October. …
[Dec 13, 2023 3:55 AM] BTC price weakness clearly makes speculators nervous as single-day selling pressure hits its highest since after the Terra LUNA collapse.
[Dec 12, 2023 9:00 PM] Cryptocurrency analyst Miles Deutscher has provided insights into potential altcoin opportunities as the crypto market experiences a sharp correction and many altcoins consolidate after recent gains. Deutscher’s analysis focuses on several…
[Dec 12, 2023 8:55 PM] Bitcoin price struggled to start a fresh increase above the $42,300 resistance zone. BTC is declining and is now at a risk of more downsides below $40,000. Bitcoin failed to start a fresh increase above the $42,000 resistance zone. The price is…
[Dec 12, 2023 8:00 PM] The crypto market, especially Bitcoin (BTC), has recently declined. Amid these fluctuations, the flagship cryptocurrency has been intensely scrutinized. Despite its decline from the recent peak of $44,000, a crypto analyst urged the community not…
[Dec 12, 2023 5:00 PM] Jim Cramer, the host of CNBC’s Mad Money show, has come to be known in Bitcoin circles for his constantly wrong predictions about the asset. Cramer has, at various points, called for investors to sell their Bitcoin but with the crypto’s price…
[Dec 12, 2023 1:30 PM] On-chain data shows an increasing trend of Bitcoin moving to exchanges, a typical bearish sign, but another signal still remains optimistic for the bulls. Bitcoin Exchange Inflows Are Up, But So Are USDT Deposits According to data from the on-chain…
[Dec 12, 2023 12:00 PM] Ever since the infamous Taproot Wizard 4mb block bitcoiners have been alight, fighting to try and stop inscriptions. Inscriptions are definitely not good for bitcoin, but how bitcoiners are trying to stop them will be far worse than any damage…
[Dec 12, 2023 10:30 AM] After hitting $43,000 last week, Bitcoin traded just below it over the weekend. But the price of the cryptocurrency dropped significantly on Tuesday, reaching $41,800. Following Bitcoin’s December surge, investors chose to take profits, which…
[Dec 12, 2023 10:30 AM] The latest figures reveal that on Dec. 9, 2023, at block height 820,512, Bitcoin experienced a 0.96% decrease in its difficulty rating. This decline marks the first since Sept. 19, 2023, interrupting a streak of six successive difficulty hikes…
[Dec 12, 2023 9:00 AM] Cardano saw a sharp increase in market value, shooting up to a high of $0.61 today, to the delight of traders and investors, in light of the cryptocurrency’s past price fluctuations. People in the trading community are talking more about…
[Dec 12, 2023 8:30 AM] Bitcoin mining firm Bit Origin has announced that the company has secured a $6.74 million investment to build a new mining facility in Cheyenne, Wyoming. The data center will be a new 25-megawatt (MW) site that aims to accommodate between 4,480 to…
[Dec 12, 2023 8:30 AM] I’ll start by making a statement that is probably already known to many, especially bitcoiners: money is a form of energy. We expend energy to do work. Then, an agreed-upon form of remuneration that is commensurate with the amount of work put in is…
[Dec 12, 2023 7:12 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Dec 12, 2023 3:45 AM] A crypto expert has explained why a Bitcoin pullback (possibly to around $40,000) isn’t a bad thing. This comes as there is a growing concern that the flagship cryptocurrency could soon lose all the gains it has achieved in recent times. A Bitcoin…
[Dec 12, 2023 2:00 AM] Johann Steynberg, the imprisoned CEO of Mirror Trading International, a South African Bitcoin scam entity, is allegedly receiving preferential treatment in a Brazilian prison. The General Directorate of Penitentiary Administration (DGAP) has…
[Dec 11, 2023 9:46 PM] Bitcoin price dived again and retested the $40,000 support zone. BTC is rising, but it must clear $42,350 to move into a positive zone. Bitcoin is attempting a fresh increase from the $40,000 support zone. The price is trading below $43,600 and the…
[Dec 11, 2023 9:00 PM] Earlier today, Bitcoin (BTC) flash crashed to as low as $40,400 before rebounding to spot levels. This sudden drop triggered what Mike Alfred, a crypto value investor, said was a “textbook washout” necessary to liquidate speculators…
[Dec 11, 2023 8:22 PM] “Due to the rise of Ordinals and Bitcoin L2s, there are reasons to be bullish on the Bitcoin ecosystem. We are entering an era of Bitcoin that we have never seen before,” one market watcher told CoinDesk.
[Dec 11, 2023 8:00 PM] The crypto market has seen a plunge today, and it would appear that social media users have reacted by calling to buy this “dip.” Coins Across The Crypto Sector Are In The Red Today According to data from the on-chain analytics firm…
[Dec 11, 2023 7:00 PM] Bitcoin is currently witnessing a decline in price, with its value dropping below the $42,000 mark. This movement comes on the heels of a significant uptick in the circulating supply of profitable Bitcoin, prompting a wave of profit-taking among…
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