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Bitcoin
First Mover Americas: Altcoins Lead, Bitcoin in Stasis Near $42.6K
The latest price moves in bitcoin and crypto markets in context for Jan. 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Nigerian Crypto Startup Reveals Closure of $2.3 Million Strategic Funding Round
The Nigerian crypto startup revealed on Jan. 16 that the firm had closed a $2.3 million strategic fund to finance the acquisition of operating licenses from different African regulators. Canza Finance said it hopes the new licenses and the…
Bitcoin’s ‘De-Dollarization’ Narrative Loses Ground As USD Tightens Its Grip on International…
The crypto market's de-dollarization expectations look premature as the greenback remained the preferred currency in international transactions in 2023.
Circle Report Shows USDC Navigating Challenging Waters in 2023
Despite a challenging 2023 with a substantial decline in circulating supply, a Circle report claims USDC emerges resilient, experiencing a surge in real-world applications and a decrease in speculative trading.
A Resilient Year for USDC…
Tether Criticizes UN Report for Ignoring USDT’s Role in Helping Developing Economies
Tether, the issuer of the stablecoin USDT, has blasted the findings of a United Nations Office on Drugs and Crime study which ignore the stablecoin’s “role in helping developing economies in emerging markets.” According…
Fidelity’s Jurrien Timmer Says Bitcoin to Consolidate Recent Gains Amid ETF Hangover
Some have forecasted sharp declines in bitcoin's price as traders 'sell the news' post-ETF approval, but Fidelity's Director of Global Macro disagrees.
Ripple President Monica Long: It’s ‘Critical’ for Crypto to Be Represented at Davos
Monica Long, president of financial and cryptocurrency services company Ripple, has given her take on the presence of cryptocurrency industry actors at the World Economic Forum (WEF) event at Davos. Long stated she considers it…
Bitcoin Sees Its First Ever Weekly ‘Golden Cross’
The 50-week simple moving average (SMA) of bitcoin's price has crossed above the 200-week SMA for the first time on record.
South Korea Mulls Issuing Crypto Mixing Regulations to Curb Money Laundering
Financial authorities are preparing to issue cryptocurrency mixing-specific regulations in South Korea to stop criminal groups from using these tools to launder funds obtained illegally. The Korean authorities are discussing whether to…
Google Cloud Joins Flare Network Causing FLR Jump
Google Cloud enters the blockchain infrastructure industry by joining Flare as a network validator and infrastructure provider, causing Flare’s token FLR to jump in price.
Flare Network Welcomes Google Cloud, FLR token surges
Google…