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Bitcoin
HSBC Announces Plans to Offer Digital Assets Custody Services for Institutions
HSBC, the London-based financial institution, announced its plans to launch an institution-focused digital assets custody service in 2024. Zhu Kuang Lee, chief digital, data and innovation officer at HSBC, explained that the bank had…
Ether Surges to 7-Month High, Outshines Bitcoin on BlackRock ETF Plans; Altcoins Plunge
Bitcoin hit an 18-month high near $38,000 before pulling back sharply.
Celsius Bankruptcy Saga Nears Closure as Court Approves Restructuring Plan
In a pivotal moment for Celsius Network LLC and its affiliates, the Southern District of New York Bankruptcy Court has issued a confirmation order for the modified joint Chapter 11 Plan of the crypto lender. The approval sets the stage for…
Bitcoin Fees Climb 150% in 3 Days as Block Space Grows More Expensive
Transaction fees within the Bitcoin network have surged considerably, eclipsing the figures recorded merely three days prior. A transfer deemed high-priority, which formerly cost an average of $3.38, now demands a fee of $8.46. This…
2 Years Ago, Bitcoin Hit an All-Time High. Is Another Rally on the Way?
We were full of “irrational exuberance” in November 2021.
Blackrock Registers Ishares Ethereum Trust With Delaware’s Division of Corporations
Blackrock may be taking steps toward obtaining approval from the U.S. Securities and Exchange Commission (SEC) for a spot ethereum exchange-traded fund (ETF) in the near future. This comes on the heels of the company’s application…
FTT Skyrockets Amid FTX Acquisition Rumors Tied to NYSE’s Ex-President
FTX’s proprietary token, FTT, has witnessed an impressive surge of over 80% following reports that say Tom Farley, the former president of the New York Stock Exchange (NYSE), is potentially interested in acquiring and rebooting the…
Bitcoin Hits 18-Month High as Market ‘Greed’ Takes Hold, Igniting Short Squeeze Frenzy
The Crypto Fear and Greed Index (CFGI) currently reveals a mood of “greed” within the cryptocurrency market, scoring a 69 out of 100. As of November 9, 2023, at 5:20 a.m. Eastern Time, the price of bitcoin peaked above $37K…
First Mover Americas: Bitcoin Tops $37K
The latest price moves in bitcoin and crypto markets in context for Nov. 9, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.