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Bitcoin Technical Analysis: BTC Balances Above $42,000 Amidst Downtrend Signals
17.1.2024
Bitcoin has been holding steady above the $42K zone and over the past hour, the leading crypto asset has changed hands for $42,425 to $42,597 on Wednesday morning around 9:30 a.m. Eastern Time. The digital currency’s market valuation on Jan. 17, 2024, is around $835 billion with $25.65...
'The Dow' for Crypto Markets? New CoinDesk 20 Index Underpins Futures Contracts at Bullish
17.1.2024
Perpetual futures tied to the index at crypto exchange Bullish, which owns CoinDesk, could help the CoinDesk 20 become a widely followed benchmark akin to the 128-year-old Dow Jones Industrial Average
WEF Davos 2024: Crypto Predictions, and the Pivot to AI
17.1.2024
Once again the social elite gathered in Davos for the World Economic Forum (WEF) – a global event bringing together the most influential players in politics and business to discuss the upcoming trends in business. For the last seven years, crypto players have edged their way into Davos during...
Analyst Advises Investors to Buy the Bitcoin Dip — Predicts ‘Asymmetric Upside Ahead’
17.1.2024
A senior analyst with global asset management firm Alliance Bernstein has recommended that investors buy the bitcoin dip and focus on “the new bitcoin adoption cycle.” His advice followed the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange...
Circle CEO Jeremy Allaire: ‘Stablecoins Are Set to Change the Financial System Forever’
17.1.2024
Jeremy Allaire, CEO of Circle, a stablecoin company, has declared that blockchain systems are the new infrastructure layer of the internet and that stablecoins are at its core, providing value that is “nearly instant, nearly free and global in scale.” Allaire believes this tech...
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...
Binance Launches Digital Asset Exchange in Thailand in Collaboration with Gulf Innova
16.1.2024
Binance , one of the leading global crypto exchanges, has unveiled its joint venture crypto exchange Binance Thailand, which comes in collaboration with Gulf Innova, a subsidiary of Gulf Energy Development. Binance Thailand, abbreviated as Binance TH, provides a platform for digital asset exchange...
Bitcoin Price Prediction as Greed Index Hits Neutral Post-ETF Launch – Are Investors Losing Confidence?
15.1.2024
In the dynamic realm of cryptocurrency, Bitcoin‘s price trajectory has recently taken a downward turn, falling to $42,000 amidst diminishing enthusiasm for Bitcoin exchange-traded funds (ETFs). This decline occurs against the backdrop of a slightly contracting global crypto market, which...
Google Cloud Joins Flare Network as a Validator, FLR Surges 37%
15.1.2024
Courtesy: @FlareNetworks on X Google Cloud will serve as a validator for the Flare blockchain and contributor to the Flare Time Series Oracle (FTSO), the “blockchain for data” organization announced Monday. Google Cloud to serve a dual role “Data access at scale is important...
Top NFT News Today – 15 January, 2024
15.1.2024
Source: universalpage / Twitter Non-fungible token (NFT) global sales have seen a lot of green over the past month. The day’s picture has turned red, though. Per CryptoSlam, at the time of writing, sales volume is up 8% over 30 days, while the number of buyers and sellers went up 46% and...
Launch of cLAKE Community Program – Ambitious Gamified Bounty Campaign in Web3
15.1.2024
PRESS RELEASE. Geneva, Switzerland, January 15, 2023 – Taking the next step towards reconsidering the global water distribution system, LAKE introduces the cLAKE Community Program, scheduled for launch on January 19, 2024. This initiative marks a significant milestone on the way to building...
LBank Announces Fourth Launchpad, Featuring EchoLink
15.1.2024
PRESS RELEASE. LBank, a leader of global crypto exchange, announced the launch of its fourth Launchpad on January 26, 2024, featuring the project EchoLink. This announcement has garnered widespread market attention, following the significant success of LBank’s previous Launchpad projects...
Google Removes Apps of Binance and Other Global Crypto Exchanges in India
15.1.2024
Google has removed several prominent global crypto exchanges, including Binance and Kraken, from its Play Store in India. This move comes as a response to allegations of these exchanges operating “illegally”, with the Financial Intelligence Unit (FIU) issuing show cause notices to nine...
Morgan Stanley: Spot Bitcoin ETFs Could Reshape Global Crypto Attitudes
14.1.2024
Source: Adobe/wolterke The crypto landscape has changed dramatically over the past few years, with stablecoin volumes challenging traditional payment giants like PayPal and Visa. Wall Street is now taking a keen interest in this transformation, specifically through the emergence of spot Bitcoin...
Across-the-Board Crypto Stock Declines Erode Earlier Profit Streaks
13.1.2024
Although spot Bitcoin exchange-traded funds saw substantial trading activity on Thursday and Friday, publicly-listed crypto companies faced a different fate, with several equities experiencing significant losses when the market closed on Friday. For instance, Marathon Digital Holdings’ shares...
Genesis Global Trading Settles with NYDFS, Pays $8 Million Penalty, and Surrenders BitLicense
13.1.2024
Genesis Global Trading, a subsidiary of Digital Currency Group, has agreed to pay an $8 million penalty to the New York State Department of Financial Services (NYDFS) after settling allegations of compliance failures. The NYDFS accused the company of violating virtual currency and cybersecurity...
World Economic Forum Confronts AI Challenges and Public Cynicism Ahead of Davos Summit
12.1.2024
In three days, the World Economic Forum (WEF) Annual Meeting will convene on Jan. 15-19, and much of the world’s elite will be in Davos for the event. Before the meeting, the WEF published the 19th annual edition of the Global Risks Report, which highlights the risks of disinformation, and...
Genesis Global Trading Settles With New York for $8M Over Regulatory Non-Compliance, Forfeits Bitlicense
12.1.2024
According to the New York State Department of Financial Services (DFS), Genesis Global Trading has agreed to a settlement fine of $8 million and will forfeit its New York state Bitlicense as part of the agreement over compliance failures. Adrienne Harris, the DFS Superintendent said Genesis...
Genesis Global Trading Pays $8M to Settle New York Lawsuit
12.1.2024
Genesis Global Trading has agreed to pay $8 million and give up its BitLicense to settle anti-money laundering and fraud charges against it, New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris said Friday in a statement
Coinbase Partners to Expand Digital Asset Access in Africa
12.1.2024
Source: Pixabay Crypto exchange behemoth Coinbase is entering into the African markets by collaborating with local stablecoin exchange Yellow Card. The significant move expands product access to Coinbase customers in 20 nations across the African continent. Crypto is here to stay — helping drive...