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First Mover Americas: Bitcoin Recedes to $67K as Crypto Market Sees Slight Dip
17.10.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Crypto Exchange Kraken Launches Wrapped Bitcoin Token kBTC
17.10.2024
The token will be available on both Ethereum and OP Mainnet
Trump’s Bitcoin U-turn: How the crypto critic became a pump signal
17.10.2024
Republican presidential nominee Donald Trump pitched himself as a pro-Bitcoin candidate, but not too long ago he said it was based on “thin air.”
Crypto Scheme Settlement: Tennessee and GS Partners Resolve Misleading Digital Asset Investments
17.10.2024
Tennessee has secured a multi-million dollar settlement with GS Partners over alleged deceptive investment schemes involving digital assets and the metaverse. Investors were enticed with tokens and vouchers linked to physical gold, skyscrapers, and virtual staking pools. Now, affected individuals...
Unstoppable Domains Launches Metamask Snap, Enabling Cross-Chain Name Resolution for 4 Million Users
17.10.2024
Unstoppable Domains has announced the launch of Metamask Snap, an integration that allows for cross-chain name resolution for over 4 million users. This new feature enables users to send and receive cryptocurrency using easily recognizable domain names instead of complex wallet addresses...
Why are Bitcoin traders worried about a 'painful' BTC price dip?
17.10.2024
Crypto market analysts believe Bitcoin price may see a “corrective move” before a major rally in Q4 2024
Daily Crypto Update: Bitcoin at $67k, Traders Show Moderate Greed
17.10.2024
The crypto market maintains a bullish stance, with top cryptos showing growth. Bitcoin is firmly at 67k dollars,…
Ireland Moves to Draft Urgent Legislation for Cryptocurrency Regulations Ahead of EU Deadline
17.10.2024
Ireland’s Finance Minister Jack Chambers has announced plans to draft urgent legislation aimed at updating financial regulations to include cryptocurrency and digital asset firms. According to the Irish Examiner, this legislation is crucial to ensure compliance with new European Union money...
Coinbase Says Bitcoin Liquidity on Exchange Unfazed After SEC's Lawsuit Against Cumberland
17.10.2024
Kaiko pointed to a notable drop in 2% BTC market depth on Coinbase in a report early this week
Russia’s Digital Currency Measures Fail to Satisfy FATF, Blacklist Possible
17.10.2024
Russia’s financial regulator maintains that its anti-money laundering system, including strengthened virtual currency regulations, remains effective even if the country faces potential blacklisting by the Financial Action Task Force (FATF). The agency highlighted new federal laws addressing...
Marc Andreessen Sends $50K in Bitcoin to AI for Memecoin Revolution
17.10.2024
In an event that blurs the line between technology, cryptocurrency, and meme culture, billionaire venture capitalist Marc Andreessen…
Ex-FTX Engineering Director Nishad Singh Pleads to Be Spared From Prison
17.10.2024
FTX’s former engineering director, Nishad Singh has urged a judge to spare him from prison for role in…
Sui Foundation Denies $400 Million Token Sales Claims
17.10.2024
The Sui Foundation has denied allegations that its employees or insiders from Mysten Labs sold $400 million worth of SUI tokens. The foundation also rejected claims that insiders were involved in preemptive selling or violating token lockup agreements. Sui Insiders Dumping on Retail Investors...
US lagging behind in global stablecoin adoption — Chainalysis
17.10.2024
Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions
Asian Private Wealth Managers Embrace Crypto, Some Foresee Bitcoin at $100K By Year-End
17.10.2024
Asian Private Wealth Managers Embrace Crypto, Some Foresee Bitcoin at $100 By Year-End
US Sends Crypto Promoter to Prison for 20 Years in Multi-Million Dollar Ponzi Scheme
17.10.2024
A cryptocurrency promoter was sentenced to 20 years in prison for running a Ponzi scheme that defrauded thousands of investors, particularly in Spanish-speaking U.S. communities. The scheme, disguised as a crypto mining operation, promised guaranteed returns but left victims unable to withdraw...
Gold Arrives on 'Digital Gold' as Bitcoin Gets Tokenized Version of the Metal
17.10.2024
Bitcoin is often referred to as "digital gold," but now it is possible to mint and trade physical gold on the Bitcoin blockchain via the Ordinals protocol
Bitcoin Demand Surges in Bullish Catalyst That May Drive BTC Price to $70K
17.10.2024
Technical indicators point to a price surge, and Polymarket bettors have their money on BTC passing $70K this month
Bitfinex hacker should get 5 years jail for 120K BTC heist: Feds
17.10.2024
Ilya Lichtenstein, who stole 120,000 Bitcoin in a 2016 hack on the Bitfinex, should receive a reduced sentence of five-years in prison, prosecutors say.
Hermetica Raises $1.7M in Seed Round to Fuel Stablecoin Expansion
17.10.2024
Hermetica, the creator of USDH, a Bitcoin-backed, yield-bearing synthetic dollar, has secured $1.7 million in seed funding. The round, led by UTXO Management, will accelerate the development of USDH, a stablecoin that operates on Bitcoin’s layer one (L1) and layer two (L2) networks. USDH...