Browsing Category
Bitcoin
Billionaire ‘Bond King’ Jeffrey Gundlach Warns US Dollar’s Reserve Currency Status at Risk Due to…
Renowned billionaire Jeffrey Gundlach, also known as the “Bond King,” has raised concerns over the potential risk to the U.S. dollar’s reserve currency status due to rising national debt. “The future of the U.S.…
Great Awakenings — Dormant 2012 Bitcoin Wallet’s $5.7M Spend Linked to October’s Initial 2012…
On October 19, 2023, a dormant bitcoin address from 2012 sprang to life at block height 812,946, moving 200 BTC worth $5.74 million for the first time in nearly 11 years. This activity coincides with a recent surge of transfers from 2012…
SEC Drops Lawsuit Against Ripple Executives, All Charges Dismissed — Ripple Calls It ‘a Surrender by…
The U.S. Securities and Exchange Commission (SEC) has dropped all charges against Ripple’s executives, CEO Brad Garlinghouse and co-founder Chris Larsen. “The SEC made a serious mistake going after Brad & Chris personally…
Fed’s Powell Hints at Continued Elevated Rates; Fedwatch Tool Indicates Near-Certain Hike Next Month
Federal Reserve Chair Jerome Powell stressed on Thursday the U.S. central bank remains committed to bringing down inflation and will maintain restrictive monetary policy until prices cool. Speaking at the Economic Club of New York, Powell…
Matrixport Predicts Bitcoin Surge to $56,000 if SEC Greenlights Blackrock’s Bitcoin ETF
The cryptocurrency financial services platform Matrixport predicts that bitcoin prices could surge to between $42,000 and $56,000 per unit if the U.S. Securities and Exchange Commission (SEC) approves Blackrock’s spot bitcoin…
Largest Clearing House in the US Acquires Digital Asset Firm Securrency
The Depository Trust & Clearing Corp., known as DTCC, has acquired digital asset infrastructure company Securrency, according to a Thursday announcement. Securrency will soon rebrand as “DTCC Digital Assets.” Looking ahead, DTCC said it…
Bitcoin Eyes $29K, Defying Fresh Crypto Lawsuit, Rate Fears; XRP Jumps 6% as SEC Drops Charges
The New York Attorney General filed early Thursday a lawsuit against Genesis, Gemini and DCG for allegedly defrauding investors of $1 billion.
Stablecoins Built on Bitcoin — Lightning Labs Launches Taproot Assets Mainnet Alpha
Lightning Labs has released the mainnet alpha of its Taproot Assets daemon, advancing the project that seeks to enable stablecoins and other token assets on the Bitcoin blockchain. The software provides developers with tools to begin…
Bitcoin Could Rise to Between $42K and $56K if BlackRock ETF Is Approved: Matrixport
Bitcoin will rise to between $42,000 and $56,000 if a BlackRock spot bitcoin (BTC) ETF is approved, crypto services provider Matrixport said in a report Thursday.
First Mover Americas: New York AG Sues Gemini, DCG, Genesis
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.