Bitcoin | Page 26 | InvestaFeed.com

First Mover Americas: GBTC Discount to NAV Shrinks to Narrowest Since July 2021

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Cryptocurrency

27 Nov 2023

Fed Likely to Be Most Dovish Central Bank in 2024, Research Shows

The Fed is priced to be the most dovish among advanced nation central banks in 2024, with traders anticipating at least 100 basis points of interest-rate cuts.

Cryptocurrency

27 Nov 2023

BTC price eyes $40K amid record hash rate — 5 things to know in Bitcoin this week

Bitcoin on-chain data is pointing to “up only” as BTC price action fights to eke out an uptrend below fierce resistance near $40,000.

Cryptocurrency

27 Nov 2023

Crypto exchange HTX reinstates Bitcoin services after $30M hack

Justin Sun said he expects functionality for other cryptocurrencies to gradually be reinstated, with full services returning by next week.

Cryptocurrency

27 Nov 2023

Nigeria Law Enforcement Nab Politician Who Laundered Funds Stolen From Crypto Exchange

Nigerian law enforcement recently arrested a politician who is accused of laundering digital funds that were stolen from Patricia Technologies in May. CEO Hanu Fejiro praised the politician’s arrest and said the recovered funds will “go a long way to soothe Patricia users.” The Politician’s Involvement in a Complex Crime The Nigerian police have arrested […]

Cryptocurrency

26 Nov 2023

S2F Creator Plan B’s Prophetic Call — ‘Enjoy Sub-$40K Bitcoin While It Lasts’

Willy Woo, an onchain analyst, recently predicted that bitcoin’s value might consistently stay above the $30K mark. Earlier this week, the statement was complemented by Plan B, the developer of the stock-to-flow (S2F) price model, who presented a realized price chart and urged enthusiasts to “enjoy sub-$40K bitcoin … while it lasts.” Bitcoin’s Final Days […]

Cryptocurrency

26 Nov 2023

Former Binance CEO CZ Seeks to Dismiss Government’s Motion Blocking His Return to UAE Before Sentencing

Former Binance CEO Changpeng Zhao (CZ) is seeking to dismiss the U.S. government’s motion to prevent him from going home to the United Arab Emirates (UAE) before sentencing. Despite the judge determining that the ex-Binance boss poses no flight risk after he voluntarily appeared in court to plead guilty, the government is pushing for a […]

Cryptocurrency

26 Nov 2023

JPMorgan: Spot Bitcoin ETFs Could Put ‘Severe Downward Pressure on Bitcoin Prices’

Global investment bank JPMorgan has cautioned that the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) could “put severe downward pressure on bitcoin prices.” The bank’s analysts estimate that billions of dollars could exit the crypto market after Grayscale Investments converts its bitcoin trust (GBTC) into a spot […]

Cryptocurrency

26 Nov 2023

Tron’s Justin Sun Announces ‘Epic Airdrop’ in Wake of HTX, Heco, and Poloniex Hacks

In the aftermath of September’s HTX breach, along with the subsequent attacks on Poloniex and Heco Bridge in November, HTX faced yet another security breach on November 23, resulting in a loss of $30 million. HTX announced its commitment to “fully compensate” for the financial damages caused by the hack. Additionally, on Friday, Tron’s founder, […]

Cryptocurrency

26 Nov 2023

Bitcoin Transaction Fees Dip Amid November’s Surging Miner Revenues

Transaction fees for Bitcoin have eased, following their surge to more than $18 per transaction on two separate occasions last week. As of November 24, 2023, the average fee per transaction stood at roughly $5.89, with the median fee per transfer being $2.86. Bitcoin Fees Cool Down — November’s Mining Revenue Has Already Outstripped October’s […]

Cryptocurrency

25 Nov 2023

Grayscale’s GBTC Witnesses Historic Shrink in Discount to NAV as Metric Taps Single Digits

On Friday, data revealed a notable shift in Grayscale’s Bitcoin Trust, commonly referred to as GBTC, as its discount to net asset value (NAV) contracted to single digits for the first time in 2023. The figures indicate that GBTC’s discount reached 8.06%, a level last observed two years ago. GBTC Discount to NAV Reaches Single-Digit […]

Cryptocurrency

25 Nov 2023

Stablecoin Market Rebounds — $5.48 Billion Growth in 22 Days

Over the last few weeks, the market value of leading stablecoins has experienced a notable increase. The economy of these fiat-pegged tokens expanded from $123.66 billion to the present $129.14 billion. This substantial growth of almost $6 billion comes after the stablecoin industry shed tens of billions in the last year. Notably, tokens such as […]

Cryptocurrency

25 Nov 2023

BRC20 Token ORDI Dips 10% in a Week After a 319% Monthly Surge, Nears Record High

The price of the BRC20 token ordi (ORDI) slid more than 10% this week against the U.S. dollar after recording substantial gains over the three weeks prior. Despite the recent downturn, ORDI has risen over 300% during the last 30 days and it’s a touch over 25% away from surpassing its all-time price high. ORDI […]

Cryptocurrency

25 Nov 2023

BIS General Manager Agustin Carstens Touts Tokenization as Part of the Future Financial System

Agustin Carstens, general manager of the Bank for International Settlements (BIS), has discussed tokenization’s significance in modernizing the current siloed financial system. Carstens stated that only through tokenization can the world move to a more interconnected and programmable financial system, where several central bank digital currencies (CBDCs) will be transacted seamlessly. BIS Head Agustin Carstens […]

Cryptocurrency

25 Nov 2023

Bitcoin Eyes $40K After Breaching $38K for First Time Since May 2022

Bitcoin [BTC] has risen above $38,000 for the first time since May 2022 after battling this level for the past two weeks.

Cryptocurrency

24 Nov 2023

First Mover Americas: Bitcoin Touches $38K on Quiet Holiday Weekend

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 24, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Cryptocurrency

24 Nov 2023

Bitcoin’s Hashrate War Between Antpool and Foundry Intensifies as BTC ETF Nears

The Bitcoin hashrate has been climbing steadily all year, and Antpool has edged ahead of Foundry while stockpiling bitcoin.

Cryptocurrency

24 Nov 2023

Bitcoin’s 3-Week Consolidation Under $38K Has Bullish Undertone

The pullbacks have become less deep over the past three weeks, suggesting the building up of bullish sentiment, one observer said.

Cryptocurrency

24 Nov 2023

Bitcoin Sender Struck With $3.1M Transaction Fee, Largest in History

Someone paid $3.1 million in transaction fees for a bitcoin [BTC] transfer on Thursday. Bitcoin miner Antpool was rewarded for mining the block, it received the standard 6.25 BTC as well as 85.2163 BTC in fees for all transactions included in the block...

Cryptocurrency

23 Nov 2023

First Mover Americas: Uniswap’s UNI Rallies and Bitcoin Holds $37K

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Cryptocurrency

23 Nov 2023

Bitcoin Supply Inactive For a Year Hits Record High of 70%

It appears bitcoin holders are not planning on offloading inventory at these price levels or any time soon, one observer said.

Cryptocurrency

23 Nov 2023

US Seizes $9 Million in Tether Allegedly Linked to Pig Butchering Crypto Scams

The U.S. Department of Justice (DOJ) has seized $9 million in tether (USDT) allegedly linked to “pig butchering” crypto scams. The Justice Department explained that U.S. Secret Service agents and analysts tracked the laundering of victims’ crypto deposits through numerous cryptocurrency addresses, where they were exchanged for various cryptocurrencies. DOJ Seizes $9M in USDT The […]

Cryptocurrency

23 Nov 2023

Congressman Calls for Gensler’s Removal After SEC Sues a Crypto Exchange Twice in 10 Months

A U.S. lawmaker has urged Congress to pass his bill that would fire U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. This call followed the securities regulator filing a second lawsuit against crypto exchange Kraken this year after the exchange paid $30 million to settle the initial lawsuit. Lawmaker Seeks to Fire Gary Gensler […]

Cryptocurrency

23 Nov 2023

US Lawmaker Urges Congress to Focus on Attracting Crypto Opportunities to Bolster National Security

A U.S. lawmaker has called on Congress to focus its efforts on bringing more crypto activity and opportunities to the United States in order to “bolster U.S. national security.” Citing the Department of Justice’s action against crypto exchange Binance, the lawmaker stressed that Congress does not need to rewrite laws that work in the crypto […]

Cryptocurrency

23 Nov 2023

KPMG and Chainalysis Partner to Enhance Crypto Fraud Detection and Compliance

KPMG in Canada and Chainalysis have entered into a strategic partnership aimed at strengthening efforts against crypto asset fraud. This alliance, marking KPMG’s entry into the Chainalysis Solution Provider program, is focused on providing enhanced monitoring and risk management tools for cryptocurrency exchanges, financial institutions, and government agencies. The announcement on Wednesday details that the […]

Cryptocurrency

22 Nov 2023

Binance Sees $1.7 Billion in Withdrawals Post DOJ Settlement, Nansen Reports Decline in Crypto Reserves

Following the settlement with the U.S. Department of Justice (DOJ), Binance, the world’s leading crypto exchange by trading volume, has experienced a significant withdrawal of approximately $1.7 billion in digital assets, as reported by Nansen, a blockchain analysis company. This substantial outflow of funds from Binance occurred shortly after the settlement. As of the latest […]

Cryptocurrency

22 Nov 2023

Bitcoin’s Anti-Censorship Ethos Surfaces After Mining Pool F2Pool Acknowledges ‘Filter’

After a blockchain sleuth reported that the Bitcoin mining pool may have censored a transaction from an address blacklisted by U.S. authorities, critics responded, and so did the project's co-founder.

Cryptocurrency

22 Nov 2023

Bitcoin Shakes Off Binance News, Rises Above $37K as Spot ETF Approval Eyed

The world's largest crypto exchange agreed to settle U.S. criminal charges and its founder and CEO pled guilty and agreed to step down from the company.

Cryptocurrency

22 Nov 2023

Imminent Bittrex Global closure triggers $10k Bitcoin premium on platform

Bittrex Global’s imminent closure has led to Bitcoin (BTC) trading at a substantial premium exceeding $10,000, data from its website shows. The exchange’s BTC/US Dollar pair surged to $46,300 before retracing to $44,613 as of press time, significantly surpassing the current average price of $36,450 on major platforms like Binance and Coinbase. Data from Tradingview […]
The post Imminent Bittrex Global closure triggers $10k Bitcoin premium on platform appeared first on CryptoSlate.

Cryptocurrency

22 Nov 2023

Binance’s American VIPs: A Revealing Look at High-Net-Worth Influence Amid DOJ Settlement

On Tuesday, charges against crypto exchange titan Binance Holdings Limited were revealed by the U.S. Department of Justice (DOJ), which reached a significant $4.316 billion settlement with the world’s largest crypto exchange for noncompliance with anti-money laundering (AML) laws. Despite Binance’s 2019 claims to bar U.S. users, prosecutors asserted the firm persisted in providing market […]

Cryptocurrency

22 Nov 2023