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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ 9 months ago

First Mover Americas: Bitcoin Holds Above $46K Amid ETF Anticipation

The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 9, 2024. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ 9 months ago

El Salvador's BTC Bet Is $13M in Profit as Bitcoin ETF Approval Approaches

El Salvador is sitting on a $12.6 million unrealized profit on its bitcoin investment after being in the red for two years.

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  Posted by u/ 9 months ago

Fox, Polygon Release Blockchain-Powered Tool 'Verify' to Weed Out Deepfakes

"Verify" is an open-source protocol built on Polygon's PoS blockchain, specifically used to establish the origin and history of registered media.

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  Posted by u/ 9 months ago

Bitcoin ETF Fever Drives Ethereum to 32-Month Low Versus BTC

Ether has lost 43% of its value against bitcoin since Sept. 7.

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  Posted by u/ 9 months ago

New York's Crypto BitLicense Oversight Criticized by State's Comptroller

The New York Department of Financial Services (DFS) is drawing some internal heat over whether it's doing a good job overseeing crypto activity through its BitLicense program, according to a review from New York State Comptroller Thomas DiNapoli.

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  Posted by u/ 9 months ago

Amid Bitcoin ETF Fee War, Grayscale Stands Its Ground With Priciest Product

Valkyrie, Invesco and Bitwise lowered their fees further just hours after all rivals finally revealed their fee plans.

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  Posted by u/ 9 months ago

Bitcoin ETFs Could See Up to $100B in Inflows If SEC Approves: Standard Chartered

Analysts from Standard Chartered, Galaxy and Corestone predict that a spot bitcoin ETF could see over $1 billion in inflows over just the first quarter.

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  Posted by u/ 9 months ago

Dogecoin's 9% Swing Amid Fake Rumor of Mascot's Death Riles Up Crypto Enthusiasts

The volatile episode came at a time when the crypto industry anxiously awaits a spot bitcoin ETF approval, a landmark for the asset class' maturation.

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  Posted by u/ 9 months ago

Bitcoin Developer's Proposal to Stop 'Spam' NFTs Gets Shut Down

Luke Dashjr's technical proposal sounded innocuous enough: to make the popular Bitcoin Core software "effective with newer datacarrying styles." In reality, the effort represented a sophisticated but controversial plan to block the suddenly popular "inscriptions" known as "NFTs on Bitcoin."

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  Posted by u/ 9 months ago

No, a Trump Victory Might Be Bad for Crypto

A response to Politico?s article predicting good times if the ex-POTUS wins re-election.

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  Posted by u/ 9 months ago

SEC Has Not Approved Bitcoin ETFs, but Its Hacked X Account Briefly Said Otherwise

The U.S. Securities and Exchange Commission (SEC) has not approved any spot bitcoin ETF applications as of Tuesday afternoon, despite a tweet from the regulator's X (formerly Twitter) account saying they had been, the agency's chair said.

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  Posted by u/ 9 months ago

Spot Bitcoin ETF Approval Will Trigger 'Selling Pressure' on CME Futures Market: K33

Bitcoin futures' open interest on the Chicago Mercantile Exchange surged to an all-time high Tuesday as institutions piled into the asset, speculating on a spot bitcoin ETF approval.

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  Posted by u/ 9 months ago

Bitcoin Jumps, Then Dumps to $45K as Fake News About Spot Bitcoin Approval Liquidates $50M

The immediate price reaction showed that bitcoin's price might be capped if a real approval arrives, one analyst noted.

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  Posted by u/ 9 months ago

Crypto Custodian BitGo Wins In-Principle Approval as Major Payments Institution in Singapore

Crypto custodian BitGo has been granted in-principle approval to operate as a Major Payment Institution (MPI) in Singapore.

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  Posted by u/ 9 months ago

Crypto Boosters Attack SEC For 'Manipulating' BTC Market After ETF Tweet

Lawmakers and crypto boosters are asking questions about how the SEC's X (formerly Twitter) account was compromised, leading to a bogus tweet on Tuesday.

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  Posted by u/ 9 months ago

Hacker Seized SEC Phone Number to Post Fake Bitcoin ETF Approval, X Says

The Securities and Exchange Commission (SEC) did not employ basic security measures on its X (formerly Twitter) account when it was "compromised" to spread false bitcoin ETF news, according to the social media company.

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  Posted by u/ 9 months ago

PayPal's Stablecoin Part of Third Largest Liquidity Pool on Curve

Curve's FRAXPYUSD liquidity pool, which went live on Dec. 27, boasts the third largest TVL of $135 million.

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  Posted by u/ 9 months ago

Crypto OTC Volumes on Wintermute Soared 400% in 2023

Market maker says the uptick in over-the-counter trading was due to volumes moving off-exchange.

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  Posted by u/ 9 months ago

Bill Gross Sticks to M&A Bet for Michael Kors Owner Even as Doubts Linger on Deal

Bill Gross Sticks to M&A Bet for Michael Kors Owner Even as Doubts Linger on Deal

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  Posted by u/ 9 months ago

China Stock Catalysts Seen Lacking as Economic Woes Run Deep

China Stock Catalysts Seen Lacking as Economic Woes Run Deep

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  Posted by u/ 9 months ago

Japan Stocks Hit 34-Year High, Bitcoin Rebounds: Markets Wrap

Japan Stocks Hit 34-Year High, Bitcoin Rebounds: Markets Wrap

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  Posted by u/ 9 months ago

Stocks Struggle After Tech-Led Bounce; Oil Climbs: Markets Wrap

Stocks Struggle After Tech-Led Bounce; Oil Climbs: Markets Wrap

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  Posted by u/ 9 months ago

SEC Chair Issues Caution on Crypto Assets Securities!

SEC Chairman Gary Gensler has once again taken to Twitter, delivering a stern warning to potential investors eyeing the crypto market.

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  Posted by u/ 9 months ago

Valkyrie Lowers Fees to 0.49% In Update To Its Bitcoin Spot ETF S-1 Filing

Valkyrie has announced a substantial reduction in fees for its Bitcoin Spot ETF. The latest S-1 application update document reveals that the fee has been lowered to 0.49%, down from the previously stated 0.8% in the filing from the day before.

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  Posted by u/ 9 months ago

Wisdomtree Spot Bitcoin ETF Drops Fee To 0.3% In New S-1 Filing

WisdomTree cuts the WisdomTree spot Bitcoin ETF fee to 0.3%, waives fees on first $1 billion for six months in anticipation of SEC approval.

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  Posted by u/ 9 months ago

Bitcoin ETF Issuers Won?t Completely Win With All 13 Applications

Despite the heightened interest in cryptocurrency, not all 13 Bitcoin ETF issuers emerged victorious.

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  Posted by u/ 9 months ago

SEC X Account Hack Causes Entire Crypto Market To Shake Because Of Fake ETF News

Bitcoin's price surged to $48,000 and then dropped to $44,800 following the SEC X account hack.

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  Posted by u/ 9 months ago

SEC Security Breach Causes US Authorities To Call For Urgent Investigation

The SEC security breach triggered market fluctuations, prompting US authorities to investigate the security breach at the SEC.

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  Posted by u/ 9 months ago

Celsius Bankruptcy Administrator Requires Creditors Withdrawal To Repay 27.5% Of Assets

The Celsius bankruptcy administrator mandates account holders who withdrew over $100,000 within 90 days of the July 2022 bankruptcy to repay 27.5% of funds.

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  Posted by u/ 9 months ago

Bitcoin Prices Surge to $48,000 on False ETF Approval Tweet, Then Plunge After Hack Revealed

Crypto enthusiasts witnessed a rollercoaster ride on Tuesday, with Bitcoin prices surging to a near two-year high of $48,000 before plummeting back towards $45,000. The drama unfolded after a fake post on the US Securities and Exchange Commission's (SEC) X account falsely announced approval of Bitcoin ETFs.

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  Posted by u/ 9 months ago

SEC account Hack Exposes Vulnerabilities in Musk?s Ecosystem, Raising Security Questions

The SEC account hack on X sent shockwaves through the crypto community and sparked concerns about the platform's security posture.

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  Posted by u/ 9 months ago

Meme Marketing: Navigating The Crypto Project With Humor

Memes have emerged as a powerful force within the domain of content marketing, steadily gaining considerable traction and reshaping the landscape. Meme marketing serve as concise and impactful tools for conveying messages. Their ability to distill complex concepts into digestible and shareable content makes them particularly well-suited for the fast-paced nature of digital communication.

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  Posted by u/ 9 months ago

Claudine Gay stepped down. Republicans still aren't satisfied.

The Republican-led House education committee ramped up its antisemitism investigation into Harvard on Tuesday.

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  Posted by u/ 9 months ago

Judge questions Trump's immunity request

Navy SEALs assassinating political rivals? A judge was skeptical of Trump's immunity request during hearing.

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  Posted by u/ 9 months ago

Car auction company to sell Trump's Lamborghini in coming weeks

One of former president Donald Trump's vehicles, the 1997 Lamborghini Diablo VT roadster will be sold at auction on Saturday, Jan. 27 in Scottsdale.

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  Posted by u/ 9 months ago

GOP lawmaker moves to impeach Lloyd Austin after botched disclosure

Matt Rosendale is filing an impeachment resolution against Defense Secretary Lloyd Austin after his failure to disclose his hospitalization.

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  Posted by u/ 9 months ago

Democratic debate stage without Biden sparks 'Trump vibes' for some voters

New Hampshire voters who attended the first 2024 Democratic debate told USA TODAY they're divided over their primary choices.

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  Posted by u/ 9 months ago

Trump Georgia co-defendant wants case tossed over alleged DA misconduct

Trump associate Michael Roman alleges Willis had an affair with the special prosecutor she hired to lead the Georgia election fraud case.

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  Posted by u/ 9 months ago

OnPolitics: Nikki Haley narrows gap with Donald Trump

In an exclusive USA TODAY/Boston Globe/Suffolk University Poll, Trump leads Haley in New Hampshire 46%-26%.

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  Posted by u/ 9 months ago

A test of Trump's immunity

Donald Trump's lawyer argued presidents are immune from prosecution unless the Senate convicts them, and tornadoes hit the South. It's Tuesday's news.

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  Posted by u/ 9 months ago

Janus Henderson Wants a Share of India?s Booming Funds Industry

Janus Henderson Wants a Share of India?s Booming Funds Industry

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  Posted by u/ 9 months ago

Morgan Stanley Displaces Citigroup as Least-Loved Big Bank Stock

Morgan Stanley Displaces Citigroup as Least-Loved Big Bank Stock

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  Posted by u/ 9 months ago

Nikkei Hits Highest Since Early 1990s in Sign Deflation Ending

Nikkei Hits Highest Since Early 1990s in Sign Deflation Ending

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  Posted by u/ 9 months ago

Exclusive: Haley narrows gap with Trump in NH but he's still far ahead

New Hampshire holds the first primary and offers the most likely place to slow Trump's roll to the GOP nomination. Our new poll on where things stand.

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  Posted by u/ 9 months ago

Trump due in federal, state courts as he campaigns in Iowa: What to know

Days from the Iowa caucuses, the former president stumps in traditional and non-traditional venues.

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  Posted by u/ 9 months ago

Trump could get away with murder if not first impeached, his lawyer says

Murder, peddling pardons, selling secrets: Trump's lawyer said all presidents are immune from prosecution unless the Senate first convicts them.

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  Posted by u/ 9 months ago

Daily Briefing: Why does Trump think he deserves immunity?

Donald Trump claims he is immune from federal charges.

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  Posted by u/ 9 months ago

Car crashes into White House gate, driver in custody, Secret Service says

A man is in custody after crashing a car into an exterior gate on the White House complex Monday, a Secret Service spokesman said.

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  Posted by u/ 9 months ago

Haley is closing the gap with Donald Trump in New Hampshire, new poll finds

Former South Carolina Gov. Nikki Haley is quickly gaining momentum to cut through former President Donald Trump's lead in New Hampshire, a new poll finds.

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  Posted by u/ 9 months ago

Donald Trump said he hopes economy tanks in 2024. Here's why.

Trump said, ?When there?s a crash - I hope it?s gonna be during these next 12 months, because I don't want to be Herbert Hoover."

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