FTT Bucks Market Turmoil As FTX Estate Revealed To Be Behind GBTC Sales
[Jan 23, 2024 2:45 AM] FTT was up 11% in the past 24 hours as the broader market tracked by CoinDesk 20 slumped 4%.
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Trump Reiterates Anti-CBDC Stance, Credits Vivek Ramaswamy for Policy Guidance
[Jan 23, 2024 1:58 AM] The Republican frontrunner credited former candidate Vivek Ramaswamy for the policy.
Bitcoin Unphased by China's Stimulus Plan
[Jan 23, 2024 12:21 AM] Hong Kong's Hang Seng Index and the CSI 300 both responded to Beijing's plan to reboot China's domestic stock market, but bitcoin remains in the red.
Abra to Open Withdrawals After Settling with Texas Regulators
[Jan 22, 2024 9:33 PM] Tk
Congresswoman Maxine Waters Questions Meta’s Ongoing Crypto Efforts
[Jan 22, 2024 4:46 PM] A letter sent to the tech giant said it still has five active patents related to cryptocurrencies, despite the firm saying that it has no digital assets-related works ongoing.
Bug That Took Down 8% of Ethereum's Validators Sparks Worries About Even Bigger Outage
[Jan 22, 2024 4:13 PM] The lion's share of Ethereum's validators rely on the same piece of software to power their operations. According to some experts, this could be a big risk.
SEC Shut Off Extra Security on X For About 6 Months, Letting Hacker Breeze In
[Jan 22, 2024 3:00 PM] The U.S. Securities and Exchange Commission (SEC) confirmed that a hacker took over its X account through a "SIM swap" attack that seized control of a cell phone associated with the account. That allowed the outsider to falsely tweet on January 9…
Bitcoin-Based Digital Art Image 'Genesis Cat' Sells for $254K in Sotheby's Auction
[Jan 22, 2024 2:32 PM] The sale of the digital image from the Taproot Wizards project came as popularity surges for the NFT-like creations minted atop the Bitcoin blockchain's Ordinals protocol. All in, some 19 lots sold by Sotheby's raked in a combined $1.1 million.
Bitcoin Slides Below $40K, Now Down Nearly 20% From Post-ETF Euphoria
[Jan 22, 2024 1:17 PM] Analysts at 10x Research are eyeing the $38,000 level for a potential bottom.
Bitcoin Bulls Buoyed by Report of FTX's $1B GBTC Sale
[Jan 22, 2024 1:09 PM] Flows of fresh investor money into the newly approved spot bitcoin ETFs may be far higher than previously thought.
FTX Payment Plan Faces Backlash, Clients Slam 2022 Asset Valuation as ‘Theft,’ Urge Court for Fair Redress
[Jan 22, 2024 1:00 PM] Following the submission of a proposal by FTX estate debtors to reimburse customer assets based on their value as of Nov. 11, 2022, numerous objections have been raised by customers. A notable objection comes from an FTX client in France, who…
FTX Affiliate Alameda Research Drops Grayscale Lawsuit
[Jan 22, 2024 11:47 AM] Tk
Blackrock and Fidelity ETFs Lead the Charge in Bitcoin Accumulation, Holding Over $2.6 Billion in Combined BTC Assets
[Jan 22, 2024 11:30 AM] Recent data reveals that Blackrock, the globe’s leading asset manager boasting over nine trillion in assets under management (AUM), now possesses 33,430.56 bitcoin, valued at approximately $1.34 billion. Similarly, the financial powerhouse…
Zuzalu, Vitalik Buterin-Led Retreat in Montenegro, Inspires Grants for 'Zu-Villages'
[Jan 22, 2024 10:26 AM] The aim of the program is to continue the "growth of the pop-up city movement" and "support technology-driven projects,” according to a post on Gitcoin.
FTX Sold About $1B of Grayscale's Bitcoin ETF, Explaining Much of Outflow: Sources
[Jan 22, 2024 9:24 AM] BTC's price has fallen since bitcoin ETFs were approved. In theory, now that FTX is done selling its substantial holdings, the selling pressure could ease since a bankruptcy estate liquidating holdings is a relatively unique event.
China's Currency Woes to Weigh on Bitcoin: Crypto Observer
[Jan 22, 2024 9:18 AM] Measures taken by the People's Bank of China to cushion yuan against the stock market slide could weigh over bitcoin's price.
U.S., U.K., Australia Sanction Hamas-Affiliated Crypto Transaction Facilitators
[Jan 22, 2024 9:11 AM] The U.S. and other governments are adding a number of Hamas-affiliated financiers to a global financial blacklist, the Treasury Department's sanctions watchdog announced Monday.
First Mover Americas: Solana, Cardano Lead Losses as Market Starts Week in the Red
[Jan 22, 2024 7:00 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Solana, Cardano Lead Crypto Market Lower as Traders Grapple With Bitcoin Headwinds
[Jan 22, 2024 3:23 AM] CoinDesk 20, a liquid index of the highest traded tokens, slumped 2.86% in the past 24 hours.
Crypto Backers B. Riley and Nomura Entangled in SEC Probe: Bloomberg
[Jan 22, 2024 2:55 AM] Investment bank B. Riley is under an undisclosed investigation from U.S. authorities for its deals with Brian Kahn, an alleged co-conspirator in a U.S. Department of Justice criminal case.
Trading Volume on Proshares Bitcoin ETF Tanks 75% As Focus Shifts To Spot ETFs
[Jan 22, 2024 2:24 AM] Observers said BITO will remain an integral part of the market as a hedging instrument for authorized participants associated with the recently launched spot ETFs.
Latam Insights: Argentina’s MIlei Blasts Collectivism at Davos, Venezuelan Petro Still Alive
[Jan 22, 2024 1:00 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentine President Javier Milei warns about the dangers of collectivism at Davos, the Venezuelan petro is…
Dogecoin, Floki Bullish Bets Rise on X Payments Speculation
[Jan 22, 2024 12:41 AM] The dog-themed tokens have a tendency to move on any payments-related development at X (formerly Twitter).
Terraform Labs Declares Bankruptcy in Delaware
[Jan 21, 2024 10:20 PM] Terraform Labs recently lost a case when a U.S. judge ruled that LUNA and MIR are securities, and is currently facing a class action lawsuit in Singapore.
Crypto Snipers Strike Gold as Traders Earn Millions in SAVM Token Launch Frenzy
9 Freshly Launched Spot Bitcoin ETFs Gather Over 81,000 BTC, Valued at $3.39 Billion
[Jan 21, 2024 10:00 AM] Since Jan. 12, 2024, Grayscale’s newly transitioned spot bitcoin exchange-traded fund (ETF), GBTC, experienced a withdrawal of 50,106.59 bitcoin. Meanwhile, the nine newly launched spot bitcoin ETFs have collectively accumulated 81,366…
FTX Under New Scrutiny: Appellate Court Orders Independent Investigation
[Jan 20, 2024 5:00 PM] An independent examiner was initially barred from delving into the FTX bankruptcy case. However, the Third Circuit Court of Appeals in Philadelphia has recently overturned this decision, mandating that the defunct crypto exchange undergo an…
GBTC’s Mixed Fortune: 54% Market Share in ETF Trade Volume Accompanied by $2 Billion BTC Exodus
[Jan 20, 2024 11:00 AM] Over a span of six days in the U.S. market, nine newly launched spot bitcoin exchange-traded funds (ETFs), along with the recently revamped GBTC, collectively saw a trading volume of $16.53 billion. GBTC, commanding the majority of this trade…
Cryptocurrency Rights Bill Introduced in Virginia
[Jan 19, 2024 7:00 PM] A bill that seeks to safeguard the cryptocurrency rights of the citizens has been introduced to the Senate of Virginia. The bill, sponsored by State Sen. Saddam Azlan Salim, would guarantee that citizens can self-custody, transact, mine, and pay…
Grayscale’s New Study Reveals Emerging Synergy Between AI and Cryptocurrency
[Jan 19, 2024 5:30 PM] The integration of artificial intelligence (AI) and cryptocurrency is heralding a new era of technological advancement, as highlighted in a recent Grayscale Investments report by Will Ogden Moore. Grayscale’s latest report says this synergy, marked…