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Bitcoin
Thorswap Resumes Service With 12 Countries Blacklisted and New Partnership to Curb Illegal Transfers
On October 6, 2023, Thorswap halted its services temporarily. However, the platform recently declared its return to full operation with some notable modifications. An array of approximately twelve countries are now barred from utilizing…
Stablecoin Market Navigates Shifting Sands as Tether Announces New CEO and USDR Depegs
The stablecoin landscape has been stagnant for the last two months, barely exceeding $123 billion as we approach the third week of October. Even though fiat-pegged token trading saw a spike this week, on October 13, stablecoin transactions…
Grayscale’s Bitcoin Trust Discount to NAV Narrows Sharply to a 16.59% Gap
Grayscale’s Bitcoin Trust, known as GBTC, has witnessed a significant shift in its market dynamics. In January 2023, GBTC traded at a significant 48.31% discount to its net asset value (NAV). Today, that gap has narrowed to 16.59%,…
Biggest Movers: DOGE Rallies, After Bouncing From Key Support Point
Dogecoin was a notable mover on Friday, as the meme coin rebounded from a key support point. The move came after two consecutive days of declines, pushing price near a two-month low. Solana also ended a losing streak in today’s session.…
Worldcoin Unveils Enhanced State Bridge; Registers 2.35M Users as WLD Market Dynamics Shift
This week, the iris-scanning Worldcoin project introduced a state bridge into its framework. This feature enables users to create and link their own bridge with the global identity, World ID, and any blockchain that’s Ethereum Virtual…
Bitcoin, Ethereum Technical Analysis: BTC Bulls End a 5-Day Losing Streak
Bitcoin ended a five-day losing streak on Friday, as the cryptocurrency appears to have found an interim price floor. This comes as traders continued to react to yesterday’s U.S. inflation report, which remained unchanged at 3.7%.…
First Mover Americas: Bitcoin Spot ETF Partially Priced in: Coinbase
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Nigerian Court Convicts P2P Crypto Trader Accused of Operating a Pig Butchering Scam
A Nigerian court recently convicted and fined a peer-to-peer (P2P) crypto trader accused of running a pig butchering scam. According to the Economic and Financial Crimes Commission, the crypto trader’s activities were “contrary…
Bitcoin Spot ETFs Approval Partially Priced In, Coinbase Says
Spot-based ETFs are widely expected to unlock floodgates for mainstream money. Flows, however, are likely to materialise overtime, according to Coinbase.
JPMorgan’s Tokenized Collateral Network Facilitates Blackrock-Barclays Trade
Banking giant JPMorgan Chase has debuted its blockchain-based collateral settlement system. Blackrock became the first client to use JPMorgan’s Tokenized Collateral Network (TCN). The world’s largest asset manager used the system to…