.webp)
The interest rate outlook has gotten appreciably softer over the past couple of weeks. Robert De Niro and Joe Pesci in 'Casino' (Everett Collection) What to know: A speculative bubble has burst in the broader crypto market and bitcoin has now succumbed to frenzied selling. Many bitcoin bulls have turned bearish, at least in the short-term. Traditional markets are...
The statement came shortly after Lookonchain reported Bybit had bought $742 million worth of Ether between Feb. 22 and 23. Bybit CEO Ben Zhou says his cryptocurrency exchange has fully replaced the $1.4 billion worth of Ether that was hacked on Feb. 21. A new audited proof-of-reserve report will be published very soon to show Bybit’s client assets are back...
"At Bitget we strongly believe in supporting the community and everyone contributing towards the growth of crypto," company CEO Gracy Chen told CoinDesk. What to know: Bybit stolen funds are on the move and being converted to bitcoin. Bitget has moved some of its own reserves to Bybit to help support the exchange, CEO Gracy Chen said. Chen added that...
The ICO Market in 2024: A Comprehensive Report Trends, Insights, and Future Outlook Introduction The Initial Coin Offering (ICO) market has undergone significant transformations over the past few years. As we step into 2024, it is crucial to understand the current landscape, emerging trends, and the potential future trajectory of ICOs. This report aims to provide a detailed analysis of...
The SEC's Republican leaders have shifted what had been a crypto-focused enforcement squad into a smaller group with a broader responsibility. While the Securities and Exchange Commission awaits the confirmation of Paul Atkins (middle), Mark Uyeda and Hester Peirce are overhauling its crypto focus. (Jesse Hamilton/CoinDesk) What to know: A new name for the U.S. Securities and Exchange Commission's former...
It was unclear if any money was exchanged between Davis and Milei's inner circle in advance of Libra's launch. What to know: Libra co-creator Hayden Davis bragged in text messages that he bought influence over Argentine president Javier Milei. Davis said in December that he could send money to Milei's powerful sister "and he does what I want." The...
Argentine lawyers have reportedly filed fraud charges against Argentina President Javier Milei while another attorney says he's preparing a class-action suit. Argentine lawyers have reportedly filed fraud charges against Argentina President Javier Milei while another attorney says he's preparing a class-action suit. Argentine lawyers have reportedly filed charges against Argentina’s president, Javier Milei, in a criminal court for promoting a...
Crypto exchange Coinbase reported a net income of $1.29 billion in the fourth quarter, while its $2.2 billion net revenue comfortably beat industry estimates. Crypto exchange Coinbase reported a net income of $1.29 billion in the fourth quarter, while its $2.2 billion net revenue comfortably beat industry estimates. Coinbase posted its strongest quarter of earnings in over a year in...
A soft U.S. inflation report later Wednesday will likely bode well for risk assets, including bitcoin. But those expecting bullish fireworks may be disappointed. January U.S. CPI report is due Wednesday. (geralt/Pixabay) What to know: The January U.S. CPI report is expected to show limited progress on inflation. A soft print could draw bids for riskier assets, but the...
Major financial institutions are raising their gold price forecasts due to growing trade war fears and central bank accumulations. What to know: Major financial institutions like Citi and UBS have raised their gold price forecasts due to trade war fears and central bank accumulation. Gold-backed cryptocurrencies, such as PAXG and XAUT, have been outperforming digital assets with the rising...
.png)