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Bitcoin
First Mover Americas: Grayscale Urges SEC for Equal Treatment of Spot Bitcoin ETF Applications
The latest price moves in bitcoin (BTC) and crypto markets in context for July 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Binance Withdraws Its Crypto License Application in Germany
The world’s largest exchange for digital assets, Binance, has withdrawn its application for a German crypto custody license. The trading platform made it clear it’s not giving up on plans to eventually obtain authorization from the Federal…
Canadian Regulator Proposes Changes to Its ‘Capital and Liquidity Approach to Crypto-Assets’
The regulator of financial institutions in Canada said on July 26 that it had started the process of gathering the public’s view on proposals to change its “capital and liquidity approach to crypto-assets.” The draft guidelines…
Bitcoin Bulls Should Switch to Call Options, Crypto Services Provider Matrixport Says
Lower volatility has made option prices cheaper, Matrixport's Markus Thielen said.
Roger Ver at Webx Asia: Reflections on Payments, Self-Custody, and the Role of Crypto Lawbreakers
When asked whether he’d rather be called a “bitcoin evangelist,” or “Bitcoin Jesus” at the recent Webx seminar in Tokyo, Roger Ver responds: “I prefer to be called Roger.” The enthusiastic…
Bolivian Central Bank Using Chinese Yuan for International Settlements
Economy Minister Marcelo Montenegro acknowledged that the Bolivian Central Bank is harnessing the Chinese yuan in its commercial settlements. The switch to using the Chinese currency has to do with the dollar scarcity that the country is…
Bitcoin Steady Above $29K, Bond Yields Rise as BOJ Makes Yield Curve Control More Flexible
BOJ announced a proper yield curve control tweak with semantics that camouflaged the hawkish move.
Ripple and Palau Announce CBDC Stablecoin Pilot Program
Palau, an insular nation in the Philippines Sea, has partnered with Ripple, announcing a limited pilot for its own U.S. dollar-pegged stablecoin issued using XRP technology. According to Jay Hunter Anson, a member of the board of directors…
Bitcoin May Reach $300K by 2028 Halving, Says $1.6B Asset Manager
The Morgan Creek Capital Management founder said that bitcoin will reach $300,000 by Bitcoin’s 2028 halving.
Biggest Movers: SOL Nears $26.00 Resistance Level, MATIC Moves Away From Support
Solana was once again in the green, with bulls pushing the token towards a key resistance level at $26.00. The move comes after yesterday’s 7% surge, however earlier gains have since declined, as U.S. gross domestic product (GDP) grew 2.4%…