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TUSD’s Stability Wavers — Value Fluctuates Below $1 Peg Amid Market Turbulence and Binance’s Dominant Hold
16.1.2024
Market insights reveal that on January 15, 2024, the stablecoin TUSD deviated from its usual $1 parity, dipping to $0.979 per coin the next day. By 10:00 a.m. Eastern Time (ET) on Tuesday, it managed to recover slightly, climbing above the $0.99 mark. TUSD Faces Unsteady Ground, Drops Under...
BlackRock Wants to Follow Bitcoin ETF With an Ethereum ETF. Marketing It Might Not Be So Simple
16.1.2024
Larry Fink has been talking up a spot ether ETF, but index provider CF Benchmarks sees a conundrum when it comes to selling that product
Grayscale Moves Another 9K Bitcoin to Exchange in Preparation for Sale
16.1.2024
The news sent bitcoin tumbling early Tuesday, but the price quickly recovered
Bitcoin’s Ordinal Inscriptions Soar Beyond 55 Million, Achieving Third Highest Daily Record
16.1.2024
Following the weekend, the tally of Ordinal inscriptions on the Bitcoin blockchain surpassed 55 million. Notably, on Jan. 13, 2024, the blockchain witnessed its third-highest day of inscriptions, settling an impressive 477,751 inscription-based transactions on Saturday. Additionally, from...
Attempted Bitfinex Exploit for $15 Billion XRP Fails
16.1.2024
Bitfinex’s security protocols came into the spotlight when a seemingly massive XRP transfer, initially causing alarm among crypto watchers, turned out to be a foiled exploit attempt. $15 Billion of XRP Transfer Attempt Fizzles Out A failed exploit attempt on cryptocurrency exchange Bitfinex...
First Mover Americas: Binance Traders Led “Sell-The-Fact” Pullback in Bitcoin
16.1.2024
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Finzer unveils OpenSea 2.0, downplays Bitcoin as an option
16.1.2024
Devin Finzer, the Chief Executive Officer and Co-Founder of OpenSea, has said that they are working on OpenSea 2.0. Additionally, Devin has highlighted that they have all the possible intentions of sticking to Ethereum since it comes with better speed and a more economical cost. While he has...
Study: Venture Capital Investments in Top Ten Web3 Projects Were 70% Lower in 2023
16.1.2024
In 2023, the top ten Web3 projects collectively raised $1.78 billion in funding, a figure which is 70% lower than the $5.87 billion raised in the previous year, the findings of a new study have shown. The findings also show that Web3 projects were able to attract $9 billion in capital with...
Spot Bitcoin ETFs Present New Trading Opportunities Amid Global Price Swings: Arthur Hayes
16.1.2024
Former BitMEX CEO Arthur Hayes believes the emergence of spot Bitcoin (BTC) exchange-traded funds (ETFs) would be a game-changer for traders worldwide. With Bitcoin prices displaying disparities between U.S. benchmarks and international markets due to global volatility, Hayes suggests that these...
Cryptic Clues: Mysterious Ordinals Inscription Hints at ‘Cursed’ Bitcoin Art – What’s Going On?
16.1.2024
A cryptic message has recently surfaced on the Bitcoin (BTC) blockchain, leaving the crypto community buzzing with curiosity. The message, discovered within Ordinals inscription 55,365,041, has ignited the imaginations of Bitcoin enthusiasts. Many are eager to decipher its enigmatic meaning...
Game-Changing Subscription Model for Marketing Services Unveiled by Ninjapromo.io
16.1.2024
PRESS RELEASE. Ninjapromo.io, a pioneering force in the web3 marketing landscape, announces the launch of a subscription-based model that is set to redefine the dynamics of client-agency collaborations. This innovative approach empowers clients to subscribe for a specified number of hours...
USDT at the Heart of Pig Butchering Scams Says the UN
16.1.2024
The stablecoin tether has emerged as one of the preferred payment methods for money launderers and fraudsters operating out of Southeast Asia, the findings of a new United Nations study have shown. According to Jeremy Douglas, criminals are choosing to use tether because they know that...
Hedera Council Boosts Blockchain Innovation With Billions in HBAR
16.1.2024
The Hedera Council announces an allocation of 4.86 billion HBARs, primarily focused on bolstering initiatives like the HBAR Foundation, Hashgraph Association, and DLT Science Foundation. Hedera Council Commits 4.86 Billion HBARs In a move towards enhancing its network and decentralized governance...
Cryptos Are “Not Exactly Money”: IMF Chief Kristalina Georgieva
16.1.2024
Source: AdobeStock / Kristina Blokhin Kristalina Georgieva, managing director of the International Monetary Fund (IMF), does not see cryptos anywhere near the Dollar in stature. Despite the US SEC’s recent green light to a total of 11 spot Bitcoin exchange-traded funds (ETFs), Georgieva...
A 2021 Crypto Fund Manager’s Tale of Surviving the ‘Widowmaker Trade’
16.1.2024
Offering a unique insider perspective, David Choi chronicles his encounter with arguably the most notorious trade in crypto’s history. Unpacking the ‘Widowmaker Trade’ That Upended the Crypto Industry In the annals of cryptocurrency’s roller coaster history...
Leading Crypto Miners Riot, TeraWulf, CleanSpark Brace for 2024 Bitcoin Halving
16.1.2024
Leading cryptocurrency miners are bracing themselves for the challenges ahead as the mining industry prepares for a major transformation with the 2024 Bitcoin (BTC) halving event. Asset manager CoinShares analysis suggests that Riot (NASDAQ: RIOT), TeraWulf (NASDAQ: WULF), and CleanSpark...
Bitcoin Price Prediction: Surge to $42,800 Spurs Interest in US Crypto Products and Halving Predictions
16.1.2024
In the ever-evolving landscape of cryptocurrency, Bitcoin price has seen a notable uptick, trading at $42,806 with a 0.55% increase on Tuesday. This surge has been accompanied by growing interest in US-based crypto products, particularly following the approval of spot ETFs. Enthusiasm is mounting...
Bitcoin Price Could Surge to $170,000 on Spot ETFs and Halving Event, Says SkyBridge’s Anthony Scaramucci
16.1.2024
Anthony Scaramucci, the founder and managing partner of hedge fund SkyBridge, has shared an optimistic outlook for Bitcoin’s future, suggesting that its price could potentially reach $170,000 in the coming year. Scaramucci’s prediction is based on two key factors, including the growing...
Report: Egypt Wants to Have a Functioning CBDC by 2030
16.1.2024
Egypt reportedly aims to launch a central bank digital currency by 2030 to boost the competitiveness of its national currency. According to an Egyptian economic expert, a digital currency issued by the central bank is more secure than privately issued cryptocurrencies. Enhancing Monetary Policy...
What caused the Bitcoin (BTC) dump post ETF approval? Is it time to look towards Ethereum (ETH) and Retik Finance?
16.1.2024
In a recent unforeseen turn of events, Bitcoin (BTC) experienced a dramatic fluctuation in its price, prompting a market-wide reevaluation and a shift of focus towards Ethereum (ETH) and Retik Finance. The Cause of Bitcoin’s Dump: A Social Media Fiasco The cause of the turmoil was a social...