BUSD Sees $5 Billion Reduction in Supply in 24 Days, Relationship With Turkish Lira Continues
6.1.2023
According to statistics, the stablecoin BUSD saw a significant drop in its supply over the past 30 days, shedding roughly 23.8% from Dec. 5, 2022, to Jan. 6, 2023. Since Dec. 13, 2022, BUSD’s supply has been reduced by more than $5 billion, going from $21.84 billion to its current level...
Bitcoin retains stability: Can BTC ever begin a rally again?
6.1.2023
Bitcoin (BTC) is a decentralized virtual currency that uses cryptography for security and is not backed by a central authority. Built on a decentralized ledger technology called the blockchain, which records and verifies all transactions on the network. All the transactions are recorded in blocks...
Fidelity downsizes value of its Twitter holdings
6.1.2023
Fidelity has downsized the value of its investment in Twitter by more than half its initial stake in Elon Musk’s takeover of the social media platform
Max Krupyshev, CEO of CoinsPaid, on 2023 Trends and Crypto Payment Ecosystems | Ep. 193
6.1.2023
In an exclusive interview with cryptonews.com, Max Krupyshev, CEO of CoinsPaid, talks about crypto payment ecosystems, 2022 year in review, and trends to expect in 2023. ...
Read More: Max Krupyshev, CEO of CoinsPaid, on 2023 Trends and Crypto Payment Ecosystems | Ep. 193
LG Electronics Steps up Smart TV-Metaverse Drive
6.1.2023
The South Korean tech titan LG Electronics has announced that it will intensify its metaverse activities. And the firm claims that a new deal will allow it to bring Web3 and metaverse experiences to owners of its smart TVs.
The company, which made multiple metaverse-related pledges at the 2023...
SEC Moves to Block Binance.US Attempt to Buy Distressed Assets of Voyager Digital
6.1.2023
The SEC has objected to an attempt by the American franchise of Binance to buy up assets from the bankrupt crypto lender Voyager Digital, saying more information about the deal is needed.
The “limited objection” from the SEC came in a court filing on Wednesday, where the SEC said Binance.US in...
Singapore’s lobbyists oppose proposed blanket ban on lending crypto tokens
6.1.2023
The feedback was given in response to a proposed ban by the Monetary Authority of Singapore published back in October
U.S. Adds Better Than Expected 223K Jobs in December, Unemployment Rate Falls to 3.5%
6.1.2023
The jobs market remained strong/began to show signs of weakening to close out 2022
Cathie Wood’s ARK enters 2023 with $5.7M Coinbase stock purchase
6.1.2023
Cathie Wood’s ARK Invest doesn’t give up on its buy-the-dip purchases, purchasing another $5.7 million worth of Coinbase shares
Bitcoin, Ethereum Technical Analysis: ETH Lower, as Markets Await Nonfarm Payrolls Report
6.1.2023
Ethereum was marginally lower on Dec. 6, as markets prepared for this afternoon’s nonfarm payrolls report. December’s report is set to show an addition of 200,000 jobs to the U.S. economy, which would be down from November’s figure of 263,000. Bitcoin was also slightly down...
Solana jumps more than 40% in a week: What’s next for SOL?
6.1.2023
Solana is a decentralized, open-source blockchain platform that was developed to support the scalability and performance required for decentralized applications (dApps). It was created in 2017 by former Coinbase engineer Anatoly Yakovenko and is headquartered in San Francisco, California. One...
First Mover Americas: Sam's Seeking to Keep Control of Robinhood Shares
6.1.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets