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Bitcoin
Bitcoin Halving Is Nice, but Kickstarting Bull Run Requires Fiat Money Supply Growth
The magnitude of the expected halving-led uptrend in bitcoin is likely contingent on major central banks boosting their year-on-year M2 money supply growth rates, past data show.
Bitcoin, Ethereum Technical Analysis: Volatility Returns to BTC, ETH During Friday’s Session
After price climbing above the $26,000 level earlier in the day, bitcoin bulls have retreated from earlier positions, sending prices lower in the process. The decline comes after price collided with a key resistance point. Ethereum has also…
First Mover Americas: Bitcoin Shows Signs of Life
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Australian Crypto Exchange Swyftx Offers Financial Incentives to Learners Completing Crypto Course
The Australian cryptocurrency exchange Swyftx has said it will offer financial rewards to users who complete its crypto education course. The crypto exchange said it expects as many as 80,000 participants and has promised a reward of just…
MicroStrategy’s Large Bitcoin Impairment Losses Have Given a False Impression: Berenberg
FASB accounting rule changes should help companies that hold digital assets to eliminate the poor optics that have been created by impairment losses, the report said.
El Salvador Launches Pilot Project to Include Bitcoin Content in School Curriculums
The Ministry of Education in El Salvador partnered with Mi Primer Bitcoin (MPB), a nonprofit educational organization, to make Bitcoin-related content part of the school curriculum in the country. The pilot program will train 150 teachers…
Riot Showcases Demand Response Strategy: Bitcoin Mining’s Role in Strengthening Texas Energy Grid
Bitcoin mining aided the Electric Reliability Council of Texas, or ERCOT, when the bitcoin mining company Riot Platforms reduced its power usage amid a Texas summer heatwave. Riot said in its most recent production and operations update…
Report: Former FTX Co-Chief Ryan Salame Contemplates Guilty Plea
According to insiders who reached out to Bloomberg, there are intriguing developments surrounding Ryan Salame, the former co-chief executive of FTX Digital Markets. The buzz is that he is gearing up to admit guilt in response to criminal…
Bitcoin Witnesses Second-Highest Daily Ordinal Inscription Count as Inscriptions Near 30 Million
While Bitcoin-based nonfungible token (NFT) sales have declined, and the network has dropped to seventh out of 23 blockchains in sales this past month, Ordinal inscriptions continue unabated. The number of inscriptions linked to the Bitcoin…
FASB’s Crypto Accounting Shakeup Could Lure More Corporate Investment, Michael Saylor and…
The U.S. accounting standards board yesterday unanimously voted in favor of "fair value" accounting for crypto assets held on corporate balance sheets.