Bitcoin

SEC Chair Gensler Slammed for Stating SEC Doesn’t Prosecute Honest Business

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler was slammed by the crypto community for stating: “We are not prosecutors of honest business, nor defenders of crookedness.” Many crypto advocates pushed back against Gensler, arguing that the SEC under his leadership has taken legal action against honest businesses, like Ripple and LBRY, while protecting […]

19 Nov 2023

Report of SEC’s Spot Bitcoin ETF Advice Fuels Hope for Approval — Crypto Industry Views It as ‘Real Progress’

The Securities and Exchange Commission (SEC) has reportedly provided specific guidance to exchanges seeking to list and trade spot bitcoin exchange-traded funds (ETFs) on what they should do next. “This is real progress,” said one crypto exchange insider. “The cash vs in-kind debate looks to be finding clarity.” SEC’s Advice Regarding Spot Bitcoin ETFs Optimism […]

19 Nov 2023

SEC Delays Decisions on Franklin Templeton and Global X Spot Bitcoin ETFs

The move was expected and isn't having any immediate effect on the bitcoin price.

17 Nov 2023

First Mover Americas: Avalanche and Near Lead Weekly Gains

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

17 Nov 2023

Here Are 3 Charts Supporting the Bull Case for Bitcoin

Charts related to global central banks, U.S. financial conditions and the 10-year U.S. Treasury yield suggest the path of least resistance for the cryptocurrency is upward.

17 Nov 2023

Bitget 2024 Crypto Forecast: Navigating Bitcoin, Ether, and More

The exchange anticipates a positive trajectory for Bitcoin, Ether, and XRP, though it warns of potential challenges for DOGE.

17 Nov 2023

Bitcoin Dips 5% to Under $36K as Crypto Rally Runs Into Wall, Liquidating $340M in 2 Days

The SEC delaying decision about spot BTC ETFs could leave the market without a catalyst until early January, halting the crypto rally's momentum, K33 analysts said this week.

16 Nov 2023

Strike Rolls Out Bitcoin Purchases To Users Globally

Bitcoin payments firm Strike has expanded its services on a global scale, now allowing users in 36 countries (soon to be 65+) beyond the U.S. to buy bitcoin through the app, founder Jack Mallers announced in a blog post Thursday.

16 Nov 2023

Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain

The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.

16 Nov 2023

First Mover Americas: SEC Delays Decision on Hashdex’s ETF Application

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 16, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

16 Nov 2023

Bitcoin Could Reach $45K by Year-End, Analyst Says

Options market positioning and dovish Fed expectations indicate the path of least resistance is on the higher side.

16 Nov 2023

Protocol Village: Neon EVM (on Solana) to Support Gas Fee Payments in Several Tokens

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 16-22, with live updates throughout.

15 Nov 2023

Bitcoin Bounces 6%, Threatens $38K; ‘Good Times Are Here,’ Analyst Says

Cryptocurrencies Wednesday roared back from yesterday's drubbing, with bitcoin [BTC] nearing a new 18-month high just shy of $38,000 after tumbling below $35,000 at one point on Tuesday.

15 Nov 2023

Hong Kong Gaming Company Boyaa Interactive Seeks Approval to Buy $100M in Crypto to Boost Web3 Strategy

Boyaa Interactive unveiled plans this week to potentially buy up to $100 million worth of cryptocurrencies, mostly bitcoin [BTC] and ether [ETH] within a year.

15 Nov 2023

CFTC Chief: Nothing Changed After FTX Meltdown to Empower Agency to Prevent Repeat

U.S. regulators don't have any more authority now to head off another major crypto collapse than they did when FTX imploded and took much of the industry with it, said Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam.

15 Nov 2023

El Salvador Remains in the Red on Bitcoin Holdings, But Losses Are Narrowing

It's been a bit more than two years since the country made bitcoin legal tender there.

15 Nov 2023

First Mover Americas: Singapore Central Bank Tests Tokenization Alongside JPMorgan, BNY Mellon

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

15 Nov 2023

Bitcoin’s Options Market Has Overtaken Its Futures Market in a Sign of Growing Sophistication

The notional open interest in the global BTC options market stood at $17.5 billion at press time, while open interest in the futures market was $15.84 billion.

15 Nov 2023

Crypto Futures Funding Rates Normalize After Bitcoin Drops to $35.6K

Large movements in spot markets led to open interest surging to $35 billion over the weekend, indicating highly leveraged bets from traders hoping for even higher prices.

15 Nov 2023

Crypto Bulls Hit by $300M in Liquidations as Bitcoin, Ether Buckle on Fizzling ETF Momentum

Tuesday's sharp decline in crypto prices spurred the largest daily leveraged long liquidation since August, CoinGlass data shows.

14 Nov 2023

Bitcoin Drops 4% to $35K Despite Soaring Tradfi Markets, But Analysts Remain Optimistic

An unexpected slowdown in inflation sent stock and bond markets sharply higher, but crypto was left out, possibly due to declining enthusiasm about the imminent approval of a spot bitcoin ETF.

14 Nov 2023

Bitcoin Halving Could Turn $5 to $130,000: Experts Explain

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12 Nov 2023

Bitcoin Argentina Proposes Progressive Cryptocurrency Regulation Framework

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12 Nov 2023

Analyst Reveals How Bitcoin Halving Cycles Could Turn $5 Into $130,000

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12 Nov 2023

Bitcoin Showing Bearish Signal As Miners Unload $175,000,000 in BTC: Crypto Strategist

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12 Nov 2023

Ethereum Transaction Fees Climb 219% in 3 Weeks as Onchain Crypto Transfers Become Pricier

Over the last three weeks, the transaction costs for bitcoin (BTC) have climbed sharply, reaching a peak of $15 per transfer just three days ago. Similarly, the cost to transfer ethereum (ETH) has jumped significantly. In the span from October 22 to November 12, 2023, the average fee for ethereum transactions soared by 219%, increasing […]

12 Nov 2023

VET, IMX, GRT and ALGO show bullish setups as Bitcoin trades above $37K

Large and small-cap altcoins are flashing bullish signs as Bitcoin price holds above $37,000.

12 Nov 2023

Bitcoin Difficulty Hits Record 64.68 Trillion Amid 5 Straight Increases Since September

On Sunday, November 12, 2023, Bitcoin’s difficulty metric climbed 3.55%, reaching a new peak of 64.68 trillion at block height 816,480. This adjustment marks the fifth consecutive rise in the network’s difficulty since September 19. Bitcoin Difficulty Rises 3.55% Higher The quest to discover a bitcoin (BTC) block reward has reached unprecedented difficulty following the […]

12 Nov 2023

Bitcoin, Ethereum, and Crypto Google Searches Surge, Peaking in October Before Tapering Off

Over the 90-day stretch from August 13 to November 11, 2023, bitcoin (BTC) along with a broad array of crypto assets have posted substantial increases. Data from Google Trends in this timeframe indicates a surge in searches for “bitcoin,” “crypto,” and “ethereum,” with these terms achieving a peak popularity score of 100 by late October. […]

12 Nov 2023

Why Bitcoin holds the upper hand against CBDCs

When FTX crashed in November 2022, it triggered a multi-billion dollar exodus spree, bringing Bitcoin down 22% in a single day. By the end of the month, the European Central Bank (ECB) fired an unusual shot across the crypto bow. As Bitcoin’s price stabilized, the central bank suggested this is Bitcoin’s “last gasp before the […]
The post Why Bitcoin holds the upper hand against CBDCs appeared first on CryptoSlate.

12 Nov 2023