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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ 10 months ago

Tether?s Bitcoin Strategy Pays Off Big: $1.1 Billion Profit Amid Price Surge

Tether's Bitcoin holdings have surged to $2.4 billion, marking an 85% profit amidst the current market upswing.

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  Posted by u/ 10 months ago

Bitcoin price hit 2023 high, so why are retail traders waiting on the sidelines?

Bitcoin price keeps going up but retail traders are not piling in yet. Cointelegraph explores why.

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  Posted by u/ 10 months ago

Riot Platforms Buy $291 Million In Mining Rigs, Locks In Price For Even More

The announcement came shortly after the recent boom in Bitcoin price.

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  Posted by u/ 10 months ago

Coinbase rolls out crypto transfers via links sent on WhatsApp, Telegram

Recipients need to download a Coinbase Wallet to receive the funds, but the crypto exchange says they?ve simplified the process for less tech-savvy users.

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  Posted by u/ 10 months ago

Korean Won Overtakes Dollar as Top Fiat Trading Pair Amid Recent Bitcoin Rally: Report

South Korean crypto traders are emerging as key influencers in driving Bitcoin up by over 50%, reaching its highest price level in two years.

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  Posted by u/ 10 months ago

TokenFi (TOKEN) price jumps 48%: Here?s why its among today?s biggest gainers

TokenFi (TOKEN) price has jumped 48% in 24 hours and 106% in the past week. The gains come as the community prepares for major product launches, including staking. TokenFi will also unveil the mainnet release of its Token Launcher and QuickLaunch Bot. Ahead of what could be a defining few weeks for TokenFi, the price […]

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  Posted by u/ 10 months ago

Societe Generale issues first digital green bond on Ethereum

Societe Generale’s first digital green bond is a senior preferred unsecured bond on Ethereum. The bond was issued as a Security Token and registered on November 30, with an inaugural value of 10 million euros. The maturity is three years and net proceeds will go to eligible green projects and activities. Societe Generale, the third-biggest […]

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  Posted by u/ 10 months ago

Bitget Introduces TraderPro Program with Zero Investment, Dual Profit-Making Reward

Victoria, Seychelles, December 5th, 2023, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, has launched the TraderPro Program, a demo trading competition that enables crypto traders to earn rewards of 10,000 USDT and dual profit without investing real money. TraderPro is designed to identify exceptional demo trading users who can become Elite traders […]

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  Posted by u/ 10 months ago

Bitcoin skyrockets to $44,000 as bulls brush bears aside

Bitcoin price rose to a high of $44,100 on Coinbase on Tuesday as bullish sentiment strengthened. The flagship cryptocurrency’s market cap also cross above $850 billion. Analysts say a brief pullback is likely, though we could see prices rally to $47k-$48k. Bitcoin (BTC) price broke past $43,000 on Tuesday afternoon, rising as high as $44,100 […]

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  Posted by u/ 10 months ago

Crypto market cap hits $1.61T as Memeinator token sale thrives

The cryptocurrency market cap has jumped to $1.61 trillion. Data by CoinMarketCap shows that the valuation sits at $1.59 trillion. Memeinator has raised over $1.7 million in the past few months. Cryptocurrencies have become the best-performing assets this year with Bitcoin and other altcoins surging. Bitcoin is slowly nearing the psychological level of $45,000, a few […]

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  Posted by u/ 10 months ago

Bitcoin short-term holder sales near $5B as profit-taking mimics 2021

Bitcoin makes Christmas come early for its more speculative investors, with BTC price still facing ?early bull market? resistance.

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  Posted by u/ 10 months ago

How much is Bitcoin worth today?

Bitcoin is worth around $42,000 today, with BTC price rising 12% over the past week following Jerome Powell's interest rate guidance.

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  Posted by u/ 10 months ago

Expect ?records broken? by Bitcoin ETF: Brett Harrison (ex-FTX US), X Hall of Flame

Brett Harrision (ex-FTX US) dishes the dirt on the ?insecure, prideful? SBF and tips a spot Bitcoin ETF will shatter the futures ETF?s records

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  Posted by u/ 10 months ago

BTC price sets new 19-month high in ?choreographed? Bitcoin whale move

Bitcoin beats its previous record to near $42,500, but all may not be what it seems when it comes to BTC price strength.

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  Posted by u/ 10 months ago

Bitcoin bulls charge to $44K as week-to-date BTC price gains pass 10%

Bitcoin is leaving naysayers behind in classic bull run style, with BTC?s price arriving at multi-year resistance.

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  Posted by u/ 10 months ago

Bitcoin price hit 2023 high, so why are retail traders waiting on the sidelines?

Bitcoin price keeps going up, but retail traders are not piling in yet. Cointelegraph explores why.

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  Posted by u/ 10 months ago

Digital Asset Exchange DigiFT Secures CMS and RMO License from Singapore Monetary Authority

DigiFT, a decentralized exchange for digital assets, has obtained a capital markets services (CMS) license from the Monetary Authority of Singapore (MAS).

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  Posted by u/ 10 months ago

Swiss Crypto firm Valour to Introduce 20 New Crypto ETPs in 2024

The planned offerings include collaborations with foundations like the recent ICP ETP, thematic baskets, short and long-leverage products.

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  Posted by u/ 10 months ago

Institutional Funds to Ethereum Products Flips Green as Asset Trades Above $2,200

The bullish drive of institutional investors in recent weeks can be seen across several market metrics as digital assets soar to levels not recorded in months.

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  Posted by u/ 10 months ago

South Korean Customs Service Swoops on Int?l ?USDT-Gambling Ring?

South Korean law enforcers are continuing to crack down on crypto-powered crime, with customs officials shutting down a suspected international gambling ring that used USDT.

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  Posted by u/ 10 months ago

Web3 Firm Thirdweb Tackles Security Vulnerability in Common Smart Contracts

Thirdweb identified vulnerability but no exploitation. Limited window for Web3 firms to prevent security breach.

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  Posted by u/ 10 months ago

BIGTIME, ORDI Tokens Lead Nearly $250M in Altcoin Liquidations

Altcoins futures took a hit Monday as sudden volatility liquidated both longs and shorts, causing unusually high liquidations on some lesser-known tokens.

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  Posted by u/ 10 months ago

Coinbase's Rally Still Has Legs, Chart Analyst Says

Shares in the cryptocurrency exchange have rallied nearly 300% this year, and the latest chart pattern suggests further gains could still be in the offing.

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  Posted by u/ 10 months ago

DeFi Market Rebounds to $50B as Speculators Hunt for Yield

The total amount of capital locked or staked across all decentralized finance (DeFi) protocols reached $50 billion on Tuesday, the most in six months.

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  Posted by u/ 10 months ago

U.S. Crypto Lobbying on Course for Record Spend This Year

Crypto companies spent almost $19 million on lobbying by the end of the third quarter compared with $16 million in the same period last year.

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  Posted by u/ 10 months ago

Regulators Not Afraid to Take Action Against Crypto Rule Breakers, NYDFS Chief Says

The regulator has brought enforcement actions against Coinbase and Robinhood.

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  Posted by u/ 10 months ago

First Mover Americas: BlackRock Received $100K Seed Funding for Its Spot BTC ETF

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 5, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ 10 months ago

Flowdesk Picked by Forge to Become Market Maker for Euro-Based Stablecoin

EURCV isn't the first Euro stablecoin, but it has the institutional backing of Societe Generale, a major European financial institution.

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  Posted by u/ 10 months ago

Pyth Oracle Network Brings Industry Heavyweights Into Governance Post-Airdrop

The low-latency oracle network's new "strategic partners" include Castle Island Ventures, Multicoin Capital and Wintermute Ventures. They could play a major role in shaping how the platform evolves.

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  Posted by u/ 10 months ago

Crypto Miner Phoenix Group's Shares Surge 35% in Abu Dhabi Stock Market Debut

The UAE-based company said its initial public offering (IPO) in November was 33-times oversubscribed.

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  Posted by u/ 10 months ago

Binance's Multi-Billion CFTC Penalty Was 'Heightened,' Says Commissioner Kristin Johnson

Johnson clarified that the agency sued the crypto exchange because it "simply failed to comply with regulation."

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  Posted by u/ 10 months ago

BlackRock, Bitwise File Updated Applications for Spot Bitcoin ETF

Asset manager BlackRock and crypto investment firm Bitwise both filed amended S1 forms with the Securities and Exchange Commission (SEC) on Monday, answering further questions likely asked by the regulator in earlier conversations.

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  Posted by u/ 10 months ago

House's McHenry Says He Won't Seek Reelection, Costing Crypto a Top Ally

Rep. Patrick McHenry (R-N.C.), arguably the crypto industry's most important advocate in the U.S. Congress, has decided not to seek another term, sources told Politico on Tuesday.

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  Posted by u/ 10 months ago

Bitcoin ETFs Got BTC Surging, but Tumbling Interest Rates Have Helped, Too

The abrupt recent turn in expectations for Federal Reserve monetary policy has helped asset prices across the board.

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  Posted by u/ 10 months ago

IBM Introduces New Cold Storage Tech for Crypto Assets

The new Offline Signing Orchestrator tech is being used by IBM?s long standing partner in the crypto space, Ripple-owned custody firm Metaco.

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  Posted by u/ 10 months ago

Bitcoin Blasts to $44K on Coinbase, Could Run Toward $48K Resistance: LMAX Analyst

The move prompted $73 million in liquidations, during the day predominantly leveraged short positions betting on lower prices.

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  Posted by u/ 10 months ago

Elon Musk-Backed X.AI Files With SEC to Raise Up to $1B in Equity Offering

The filing lists the Tesla-billionaire-turned-social-media tycoon as a key backer.

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  Posted by u/ 10 months ago

New Binance CEO Evasive in First Marquee Interview Since Getting One of the Biggest Jobs in Crypto

In his first public interview since getting the job last month after founder Changpeng "CZ" Zhao was formed to step down amid a $4.3 billion legal settlement with the U.S. government, Teng said Binance?s compliance systems were inadequate in the past and that mistakes were made. But Teng, who has held senior positions at Binance for several years, refused to give answers about the company?s governance.

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  Posted by u/ 10 months ago

Why Are People Spreading Falsehoods About Bitcoin?s Water Use?

No, despite what you might have heard recently, Bitcoin transactions do not consume a swimming pool of water. Noelle Acheson dives into the fallacy, and points out that poor research is not the only culprit here.

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  Posted by u/ 10 months ago

The Funniest Anon on Crypto Twitter

Gwart has the ear of DeFi?s elite. What they don?t know is that crypto?s truth-telling, funnyman is secretly a Bitcoiner.

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  Posted by u/ 10 months ago

Fresh Money Flows to Crypto as Stablecoin Market Expands After 18-Month Downtrend

Tether's USDT added $7 billion to its market cap since September, a sign of capital entering the crypto market, Matrixport noted.

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  Posted by u/ 10 months ago

Tiny Euro-Pegged Stablecoin Surges 200% on Binance Before Exchange Halts Trading Due to 'Abnormal Volatility'

The AEUR-USDT trading pair hit a $3.25 high Tuesday afternoon before Binance suspended trading with the token.

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  Posted by u/ 10 months ago

This Bitcoin Rally Feels Different. FOMO and YOLO Seem to Be Back

BTC just hit $45,000 days after topping $40,000 for the first time since early last year ? and crypto-skeptics are buying.

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  Posted by u/ 10 months ago

The Most Influential Folks in Crypto Regulations

CoinDesk published its annual Most Influential list (it's not a ranking, except for the top 10 being maybe more influential than the other 40). I wrote a few pieces (I had nothing to do with the art and didn't know about it when I wrote the pieces), as did my CoinDesk reg team colleagues, but I wanted to take a minute to recognize other influential figures who we may see pop up again. This is not meant to be a comprehensive or objective list; just a recognition of some of the folks whose work I've paid attention to this year.

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  Posted by u/ 10 months ago

Bitcoin Inscriptions Divide BTC Community Amid Network Congestion, but Are 'Unstoppable'

As unconfirmed transactions on the Bitcoin blockchain rise, Luke Dashjr, a prominent developer pledges that Ordinal Inscriptions are a 'bug' that will be fixed.

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  Posted by u/ 10 months ago

Pando Spot Bitcoin ETF Has Now Filed Form 19b-4

Swiss firm Pando Asset enters the competition for the Pando spot Bitcoin ETF, filing a 19b-4 submission with the SEC.

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  Posted by u/ 10 months ago

CNBC Says Bitcoin Scarcity Surpasses Gold, Fueling Price Surge To $43,000

BTC surpasses $43K as CNBC stated that Bitcoin scarcity surpasses Gold due to upcoming halving event. Experts predict potential approval of Spot Bitcoin ETF and a price of $100K by 2024.

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  Posted by u/ 10 months ago

Global Blockchain Congress 2023 Transforms Dubai into Crypto Powerhouse!

Agora (Dubai, UAE) is gearing up for its 12th edition of the Global Blockchain Congress scheduled to take place on December 11th and 12th, 2023.

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  Posted by u/ 10 months ago

CoinAgenda Caribbean 2023 ? Dec 11-13, 2023

CoinAgenda Caribbean 2023 is set to connect investors, traders, family offices, and funds with the foremost entrepreneurs in blockchain, cryptocurrency, and AI.

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  Posted by u/ 10 months ago

ArbitrageScanner ? Join the Global Affiliate Community at Side Event in Bangkok! Review Affiliate Event

Come to the Largest Affiliate Side Event in Bangkok, December 9th! Organized by ArbitrageScanner.io - the best tools for crypto analysis and crypto arbitrage.

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