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First Mover Americas: JPMorgan Cautious About Crypto Markets in 2024
The latest price moves in bitcoin and crypto markets in context for Dec. 14, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
NFT-Focused Line Next Secures $140 Million Investment in Funding Round Led by Peter Thiel-Sponsored…
Line Next, a subsidiary of Line Corporation, said on Dec. 13 that it has secured a $140 million investment in a funding round led by the Peter Thiel-sponsored Crescendo Equity Partners. Line Next has said it will use the capital raised to…
JPMorgan Is Cautious About Crypto Markets Into 2024
Ether is expected to outperform bitcoin and other cryptocurrencies next year due to the Ethereum blockchain’s EIP-4844 upgrade, the report said.
Uptick in Token Generation Events Signals Market Shift
The behavior of the cryptocurrency market has changed, with a newfound interest in Token Generation Events (TGEs) and rapid listings, pointing to a potentially revitalized crypto market and an influx of new projects.
Crypto Market Shifts…
Bitcoin’s Bull Run Has Plenty of Steam Left, These Indicators Suggest
Key indicators tracking Bitcoin's blockchain activity, miner flows and the 200-day moving average suggest bitcoin is far from being overvalued and could continue to rally in 2024.
Powell’s Fed Policy Criticized: Experts Claim ‘Phony Economy’ and ‘Credibility Destruction’ Post…
The Federal Reserve’s most recent session of the Federal Open Market Committee (FOMC) wrapped up, leaving interest rates as they were. The market, expecting rate reductions in 2024 and influenced by Fed Chair Jerome Powell’s…
Indian Government Provides Update on Crypto Regulation
The Indian government has responded to questions during a parliamentary session regarding crypto regulation in India. The government emphasized the valuable guidance provided by the IMF-FSB synthesis paper presented at the G20 summit,…
Vaneck Expects Bitcoin Price to Reach All-Time High After Donald Trump Wins US Presidency
Asset management firm Vaneck has predicted that bitcoin’s price will reach an all-time high on Nov. 9, following a “combative election that saw Donald Trump win 290 electoral votes and regain the presidency, raising optimism…
SEC Meets With Blackrock, Fidelity, Franklin Templeton, and Grayscale to Discuss Their Spot Bitcoin…
The U.S. Securities and Exchange Commission (SEC) has held multiple meetings with spot bitcoin exchange-traded fund (ETF) issuers regarding their applications. “The SEC is busier than Santa’s elves,” said a Bloomberg…