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Bitcoin And Crypto To Be Measured At Fair Value Under New FASB Rules

[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…

Argentina's Milei, So Far Shunning Bitcoin, Devalues Peso by More Than 50%

[Dec 13, 2023 9:39 AM] The government's official rate is now 800 pesos to the dollar versus 400 previously.

Turkey’s Banking Giants Go Big on Crypto as Legislation Looms

[Dec 13, 2023 9:28 AM] This week, two of the country’s largest banks announced crypto initiatives.

First Mover Americas: Revised BlackRock Bitcoin ETF Filing Invites Participation From U.S. Banks

[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.

Cantor Fitzgerald CEO Howard Lutnick Is a Bitcoin Maxi and Tether Fan

[Dec 13, 2023 1:29 AM] Cantor Fitzgerald is one of the custodians for Tether's $90 billion worth of treasuries.

Bitcoin derivatives data points to traders' $50K BTC price target

[Dec 12, 2023 3:47 PM] Bitcoin bulls expectations of $50,000 and higher remain feasible according to BTC futures and options markets.

Bitcoin Halts at $41K as Traders Eye Fed Rate Decision; AVAX Flips Dogecoin as Altcoins Jump

[Dec 12, 2023 3:43 PM] Bitcoin remained steady around $41,000 after Monday's dramatic flush.

Donald Trump Unveils New 'Mugshot' NFTs, Stirring Up Prices for His Previous NFTs

[Dec 12, 2023 2:19 PM] tktk

DeFi Platform Conic Finance's CNC Token Surges 50% as the Protocol Plots Comeback After Hack

[Dec 12, 2023 12:14 PM] Conic Finance was hacked in July draining roughly $3.6 million worth of ether from the protocol.

The Volatility Of Nigerian Real Estate, And Why Bitcoin Makes More Sense

[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…

U.S. CPI Inflation Trended Lower in November, Rising 3.1% From a Year Ago

[Dec 12, 2023 7:41 AM] This morning's inflation data

First Mover Americas: Binance’s Waning Market Share

[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.

Crypto platform WOO X partners with market maker Wintermute for liquidity boost

[Dec 12, 2023 7:00 AM] Aside from Wintermute, other leading liquidity providers, including Selini Capital and Black Code Group, also support WOO X.

Cathie Wood's ARK Invest Offloads Nearly $13M Worth of Grayscale Bitcoin Trust Shares

[Dec 12, 2023 3:39 AM] Digital asset manager Grayscale's bitcoin investment vehicle's shares fell 8.6% Monday, reflecting the day's 5.8% drop in bitcoin.

World’s First Bitcoin Bonds Receive Regulatory Approval in El Salvador

[Dec 11, 2023 9:36 PM] The bonds are expected to launch in Q1 of 2024, several posts amplified on social platform X by President Nayib Bukele suggest.

Bitcoin, Ether Drop Spurs $500M in Liquidations, But BTC Entering “Never Seen Before” Era

[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.

Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts

[Dec 11, 2023 3:40 PM] Bitcoin endured its worst daily drawdowns in 4 months, dipping over 7% to nearly $40,000. $XRP, $LINK, $ADA declined 8%-10%.

US Senator Elizabeth Warren Introduces Bill To "Crack Down" on Bitcoin And Crypto

[Dec 11, 2023 1:00 PM] Today, US Senator Elizabeth Warren introduced legislation to address her concerns surrounding the alleged misuse of digital currencies in illicit activities, citing money laundering, drug trafficking, sanctions evasion, and more.The bill, supported…

Price analysis 12/11: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, AVAX

[Dec 11, 2023 1:00 PM] Bitcoin’s sharp correction surprised investors, but is it a sign that further downside is in store?

Coinbase, MicroStrategy, Marathon Stocks Buckle 5%-10% as Bitcoin Tumbles Below $42K

[Dec 11, 2023 10:46 AM] A "flash crash" in thin trading Sunday evening, saw bitcoin's price plunge nearly 10% from the $44,000 level in the space of a few minutes.

Google Revising Crypto Ad Rules Ahead of Expected Bitcoin ETF Launch

[Dec 11, 2023 8:24 AM] In a subtle yet significant move, Google has quietly adjusted its Crypto Ad Guidelines, ahead of the anticipated launch of a Bitcoin Exchange-Traded Fund (ETF) in the US. Beginning January 29, 2024, the search giant's revised policy will…

First Mover Americas: Bitcoin Slips to $42K From Last Week's Yearly High

[Dec 11, 2023 7:31 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Cathie Wood's ARK Invest Sells Most Coinbase Shares Since July as Price Rises

[Dec 11, 2023 3:47 AM] ARK has been consistently selling Coinbase stock in recent weeks. Friday's is the largest sale since July, when it sold 480,000 shares worth $50.5 million at the time.

Goldman Sachs Sees Fed Delivering First Rate Cut in Q3 2024: Reuters

[Dec 11, 2023 3:28 AM] The Fed's benchmark interest-rate range is currently 5.25% to 5.5%.

$300M crypto long liquidations — 5 things to know in Bitcoin this week

[Dec 11, 2023 2:33 AM] BTC price action obliterates latecomers betting on continued upside as Bitcoin analysts and miners breathe a sigh of relief.

Bitcoin's 4% Drop Cools Overheated Funding Rates, Data Show

[Dec 11, 2023 12:02 AM] Funding rates for major tokens, including BTC, have normalized to below 0.1%, indicating an exit of over leveraged bulls.

Bitcoin, Ether, and Major Altcoins in Deep Red

[Dec 10, 2023 8:53 PM] Bitcoin and Ether lead in liquidation heatmap with over $335 million in rekt positions in the last 12 hours.

Bitcoin bulls’ run toward $45K could produce tailwinds for UNI, OP, TIA and STX

[Dec 10, 2023 12:57 PM] Bitcoin bulls could make a strong push to get BTC through the $45,000 resistance this week. Will UNI, OP, TIA and STX follow?

Spot Bitcoin ETFs Are Coming Soon. How Will They Be Redeemed?

[Dec 9, 2023 10:30 AM] BlackRock and Grayscale recently met with the Securities and Exchange Commission (SEC), presumably to discuss the approval requirements for their spot Bitcoin ETF applications.Coinbase, which offers both Bitcoin custody and Bitcoin brokerage…

Jito's Token Launch Pushed Competitor Marinade's MNDE to All-Time Highs

[Dec 8, 2023 2:32 PM] Marinade's market cap is dwarfed by Jito, though, despite being a bigger crypto ecosystem.