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Alabama Securities Regulator Issues Show Cause Order to Coinbase, Joined by 9 Other States, Over Unregistered Securities
6.6.2023
After Coinbase was sued by the U.S. Securities and Exchange Commission (SEC), the Alabama Securities Commission (ASC) filed a show cause order against Coinbase and directed the company to show cause on why the firm should not cease and desist from selling unregistered securities in the state....
Cleanspark Bolsters Hashrate With $40.5M Purchase of 12,500 Bitcoin Miners
1.6.2023
On June 1, 2023, Cleanspark, a publicly-traded bitcoin mining company, declared the acquisition of 12,500 Antminer S19 XP bitcoin miners for $40.5 million. The purchase is expected to raise Cleanspark’s hashrate by an extra 1.76 exahash per second (EH/s). Acquisition to Boost Cleanspark’s...
Blockchain-Based Render Network's Token Tracks Tech Stocks as Broader Crypto Market Decouples
30.5.2023
RNDR has been a good high beta Nasdaq play in recent weeks, one portfolio manager noted
Crypto Exchange Coincheck's Nasdaq Listing Could Be Delayed Again
25.5.2023
A merger with Thunder Bridge Capital may not be completed by a July 2 deadline, potentially causing a further year's delay
Bitcoin’s Declining Correlation With Stocks Revives Its Appeal for Investors: K33 Research
24.5.2023
The correlation of BTC’s price with the NASDAQ index has fallen to 17-month lows, making the asset attractive again for portfolio diversification, crypto research firm K33 noted
146 Top Executives Urge Biden to Prevent US Default — Warns of ‘Disastrous Consequences’
18.5.2023
Top executives from 146 major companies in the U.S. — including Morgan Stanley, Goldman Sachs, Nasdaq, and Pfizer — have urged President Joe Biden and congressional leaders to act swiftly to prevent the U.S. from defaulting on its debt, which could occur as early as June 1. They warned...
Long-Term Bitcoin Holders Boost Their Stash as BTC Prices Decouple From Nasdaq
11.5.2023
Long-term holder wallets are witnessing net accumulation at the fastest pace since October 2021
Warren Buffett dumps $13.3B in stocks — A warning sign for Bitcoin and risk-assets?
9.5.2023
The "Oracle of Omaha" has increased Berkshire Hathaway's cash holdings by $2 billion in Q1, signaling his decreasing confidence in risk-assets
Crypto Exchange Coinbase Faces Legal Action Over Biometric Data Collection
4.5.2023
The Nasdaq-listed cryptocurrency exchange Coinbase has been accused of “wrongfully” profiting from its users’ facial and fingerprint scans. “Coinbase collects, stores, possesses, otherwise obtains, uses, and disseminates its users’ biometric data to, amongst other things, further enhance...
Coinbase officers, board members face suit over alleged insider trading during listing
2.5.2023
The suit charges the alleged inside traders saved over $1 billion by selling their shares when the company went public, despite knowing they would lose value
Advisors: Here’s What the Dot Com Bubble Can Teach Us About Crypto Investing
20.4.2023
Investors in the crypto markets may be prone to irrational thinking when bullishness sets in, but advisors can offer a balanced and rational investment strategy that counters the hype
Crypto Industry Report: BTC Beats Nasdaq Index and Gold in Q1, Liquid Staking Governance Tokens up by 210%
20.4.2023
According to the latest Coingecko crypto industry report, during the first quarter of 2023, bitcoin became the best-performing asset after it saw its U.S. dollar value go up from just under $17,000 observed on Dec. 31, 2022, to just over $28,000 by March 31, 2023. The report attributes the crypto...
Valuations and M&A Show Things Aren’t So Bad for Crypto
19.4.2023
Two aspects of the crypto word, blockchain tech companies and exchanges and crypto miners, reveal that M&A activity is strong and that crypto-related companies have converged with the rest of tech, a sign that the digital-asset industry is maturing
Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal
13.4.2023
According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Bitdeer Technologies Holdings, a digital mining firm founded by crypto-billionaire Jihan Wu in 2018, plans to be listed on Nasdaq this Friday. The bitcoin mining firm is scheduled to go public through a special...
Economist Harry Dent Expects Biggest Crash in Our Lifetime to Hit Between Now and Mid-June
11.4.2023
Harry Dent, economist and author of several best-selling books, has warned that the biggest crash in our lifetime is “going to hit between now and about mid-June.” He stressed: “People are going to know this is not a big correction — it is a major crash, one that...
Bitcoin's Tight Correlation With Tech Stocks Muddies Safe Haven Narrative
6.4.2023
Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests bitcoin is still a risk asset
First Mover Americas: Investors Dig Risk Again
30.3.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for March 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Heads for Best Quarter in Two Years, Outperforms Ether, Gold, Nasdaq
29.3.2023
One observer said poor order book depth is primarily responsible for bitcoin's rally, while others pointed to the cryptocurrency's sound money appeal and Fed pivot speculation as bigger catalysts
Microstrategy Buys 6,455 More Bitcoin — Now Holds 138,955 BTC
27.3.2023
Microstrategy has purchased 6,455 bitcoins for approximately $150 million at an average price of $23,238 per coin. With its latest purchase, Microstrategy now holds 138,955 bitcoins acquired at an average of $29,817 per coin. Moreover, the company also paid off its loan from troubled Silvergate...
Nasdaq Aims to Launch Crypto Custody Services in Second Quarter
26.3.2023
Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector which saw the collapse of some major...