“These coins, often inspired by internet culture and humor, go beyond mere utility assets,” the foundation said. Source: Coindesk Original Post: Avalanche Foundation to Purchase Meme Coins as Part of Culture Drive
Maand: december 2023
Bitcoin Worth $1B Leaves Exchanges in Largest Single-Day Outflow in 12 Months
Net outflows from exchanges are often taken to represent investors’ intention to hold coins for long-term. Source: Coindesk Original Post: Bitcoin Worth B Leaves Exchanges in Largest Single-Day Outflow in 12 Months
Terraform Labs' LUNA and MIR Tokens Are Securities, Judge Rules
A federal judge issued summary judgements siding with the SEC’s arguments that Terraform had illegally sold unregistered crypto securities. Source: Coindesk Original Post: Terraform Labs’ LUNA and MIR Tokens Are Securities, Judge…
Crypto Exchange Catalyx Suspends Trading, Withdrawals Following 'Security Breach'
The Canadian exchange suffered a security break earlier this month, resulting in the loss of an unknown amount of customer funds. Source: Coindesk Original Post: Crypto Exchange Catalyx Suspends Trading, Withdrawals Following…
Solana's SOL Dips Below $100, Slips Back Behind BNB in Crypto Ranking
Traders were moving capital from SOL to stablecoins suggesting profit taking, one analyst said in an interview. Source: Coindesk Original Post: Solana’s SOL Dips Below 0, Slips Back Behind BNB in Crypto…
Binance User Base Grew 30% This Year, Expanding Even After U.S. Legal Settlements
The largest cryptocurrency trading venue added 40 million accounts to 170 million. Source: Coindesk Original Post: Binance User Base Grew 30% This Year, Expanding Even After U.S. Legal Settlements
Crypto for Advisors: Bitcoin Myth Busting
Kunal Bhasin, co-leader of KPMG Canada’s crypto asset and blockchain practice, debunks many of the bitcoin myths in the final Crypto for Advisors issue of the year. Source: Coindesk Original Post: Crypto…
India to Block URLs of 9 Offshore Exchanges Including Binance After Issuing Compliance 'Show Cause' Notices
Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global and Bitfinex are the nine exchanges. Source: Coindesk Original Post: India to Block URLs of 9 Offshore Exchanges Including Binance After Issuing Compliance…
Bitcoin ETF Approval Tipped to Be 'Sell The News' Event: CryptoQuant
Bitcoin [BTC] is expected to experience a period of downside following a potential ETF approval over the coming weeks as trader’s unrealized profits linger at a level that historically precedes a correction,…
Argentina's Milei Proposes Incentives for Declaring Domestic, Foreign Crypto Holdings in Draft Bill
Crypto is captured in an asset-regularization regime included in a wide-ranging bill that’s facing mounting backlash from citizens. Source: Coindesk Original Post: Argentina’s Milei Proposes Incentives for Declaring Domestic, Foreign Crypto Holdings…
First Mover Americas: MicroStrategy Buys More BTC and ARK Invest Buys BITO
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source:…
A Record $11B Crypto Options Expiry Looms as BTC Shows Little Volatility
The expiry is Deribit’s largest so far and a record of almost $5 billion of options will expire in the money. Source: Coindesk Original Post: A Record B Crypto Options Expiry Looms…
Blast Hits $1.1B in Deposits More Than a Month Before It's Due to Go Live
Depositors will receive an airdrop that can be redeemed in May 2024. Source: Coindesk Original Post: Blast Hits .1B in Deposits More Than a Month Before It’s Due to Go Live
Cathie Wood's ARK Invests in ProShares Bitcoin ETF After Dumping Grayscale Holdings
The investment fund bought $9.2 million worth of BITO shares while selling $27.6 million worth of COIN. Source: Coindesk Original Post: Cathie Wood’s ARK Invests in ProShares Bitcoin ETF After Dumping Grayscale…
Indonesian Crypto Exchanges Must Register With New Bourse or Face Shutdown
The government wants to use the crypto bourse to make the ecosystem safer and gather transaction data for tax purposes. Source: Coindesk Original Post: Indonesian Crypto Exchanges Must Register With New Bourse…
PancakeSwap Proposes to Reduce CAKE Token Supply by 300 Million
More than 99.95% of the community, representing 70,000 votes from CAKE holders, favored the proposal shortly after it went live. Source: Coindesk Original Post: PancakeSwap Proposes to Reduce CAKE Token Supply by…
Former Goldman Sachs Executive Says Crypto Bull Market ‘Barely Started,’ Unveils Massive Bitcoin Forecast
Former Goldman Sachs executive Raoul Pal believes that the crypto bull market cycle has only just begun despite the large digital asset gains of 2023. Pal tells the 22,000 subscribers of his…
Crypto Wallet Linked to Donald Trump Sent $2.4M in Ether to Coinbase
A wallet flagged as owned by Trump sent ETH to Coinbase in the past three weeks, where it was presumably sold. Source: Coindesk Original Post: Crypto Wallet Linked to Donald Trump Sent…
Stock of Bitcoin's Biggest Public Holder is Overvalued by 26%, Analyst Who Predicted BTC Rally Says
Early investors in MSTR can consider taking profit as shares appear overvalued and could fall by 20%, according to 10x Research. Source: Coindesk Original Post: Stock of Bitcoin’s Biggest Public Holder is…
Solana's Scorching Rally Shows Ethereum Has a Serious Competitor
Source: Coindesk Original Post: Solana’s Scorching Rally Shows Ethereum Has a Serious Competitor