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Bank of Russia States Digital Ruble Pilot Will Continue Until the End of 2024
11.12.2023
The Bank of Russia has offered an update on the future of the digital ruble pilot, the Russian central bank digital currency (CBDC). The bank’s press service clarified that the pilot will continue throughout 2024 and until the massification of the digital ruble usage, estimated to happen...
Institutional Traders’ BTC Holding Percentage Increased ‘Almost Twofold’ Between January and September — Study
8.12.2023
The bitcoin held by institutional traders (INS) in their respective crypto portfolios saw an “almost twofold” increase in the initial three quarters of 2023. Institutional traders’ BTC allocation shifted from under 40% in January to nearly 50% by the end of September. The Spot...
Shiba Inu (SHIB) rally finally manages to remove one zero as Retik Finance (RETIK) Presale raises more than $200k in the first 24 hours
8.12.2023
As we move towards the end of 2023, milestones are achieved, and trends shift at a remarkable pace. The recent rally in the Shiba Inu (SHIB) coin is a testament to the dynamic nature of this space. As over 20 billion SHIB tokens are poised to disappear into the burn wallet, the crypto community...
Matrixport's $45K End of Year Target for Bitcoin Looks to Be Accurate
8.12.2023
2023 has been a five-phased bitcoin rally, Matrixport says in a report
Chinese Cities Launch End-of-Year Digital Yuan Giveaways
8.12.2023
Source: Putra/Adobe More Chinese cities will give away digital yuan tokens and discount vouchers this month, as the People’s Bank of China (PBoC) looks to spur CBDC adoption. The Hebei News Network reported that the PBoC’s Hebei branch and local government authorities in the province will give...
Bitcoin Premium Soars in South Korea, Trading $1,500 Above Global Norm
5.12.2023
Based on recent data, the surge of bitcoin beyond the $41,000 mark has triggered a significant increase in trading activity originating from South Korea. Alongside this heightened volume, bitcoin is currently commanding a $1,500 premium on major South Korean cryptocurrency exchanges, including...
Binance to Delist and End Support for BUSD in December; BNB Gathers Momentum Amid Low Sentiment; NuggetRush Becomes Meme Enthusiasts’ Favorite
4.12.2023
TLDR Binance will end support for BUSD products on December 15, 2023, and withdrawals will be disabled on December 31. BNB has been gaining traction and is tipped to end the year above $240. NuggetRush appeals to enthusiasts due to its blend of P2E and memecoin, with its price expected to increase...
Forkast Cuts Majority of Editorial Staff After CryptoSlam Merger
1.12.2023
Source: Pixabay Forkast Labs has laid off a majority of its editorial staff after completing a merger with data provider CryptoSlam. According to sources cited by The Block, the crypto news site underwent a series of layoffs throughout the year, leading to the eventual decision to suspend editorial...
Rebel Satoshi’s Early Bird Round Sold Out in Record 3 Weeks – Next Up, Rebels Round 1!
1.12.2023
TLDR What is Rebel Satoshi, and why is it causing a stir in the market? Rebel Satoshi enters Rebel’s Round 1: What’s the price outlook? The crypto market has thousands of coins. However, not all top altcoins have low prices and attractive growth projections. To this end, novice investors consider...
Binance will end support for BUSD stablecoin in December
29.11.2023
Many users' Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31
Binance to End Support for BUSD Stablecoin, Remaining Balances Converted to FDUSD
29.11.2023
Binance ends BUSD support and transitions to FDUSD stablecoin after regulatory troubles. Image by maurice norbert, Adobe Stock. Major cryptocurrency exchange Binance announced today in a blog post that it will end support for its Binance USD (BUSD) stablecoin on December 15. The move comes after...
Aerodrome and Velodrome Suffer Front-End Security Breach
29.11.2023
Source: Pixabay Decentralized crypto exchanges Velodrome and Aerodrome have warned users about a front-end security breach on their websites. In X posts published on Wednesday, Velodrome and Aerodrome warned users against interacting with their websites until further notice. “Our frontend...
In the Wake of Declining Values for Optimism (OP) and Toncoin (TON), an emerging Crypto Contender Captures Investor Interest
29.11.2023
TLDR Optimism experts expect OP to fall to $1.22 by December. Despite the listing of Toncoin on Blockchain.com, experts expect TON to fall to $1.50 by the end of 2023. Rebel Satoshi’s high-flying presale attracts investors with mouthwatering offers. In 2023, Optimism (OP), Toncoin (TON),...
Has Pepe Met Its Match? Meme Coin Catches Investor Eyes, Raising Over $600k
29.11.2023
TLDR Pepe Coin nears a market capitalization of $500 million. Stage two of NuggetRush’s presale draws to an end, raising over $600k from sales. This new meme coin is drawing investor attention with its impressive features, posing a threat to PEPE. Pepe Coin (PEPE), the meme-inspired ERC20 token...
First Mover Americas: Standard Chartered Bank Thinks BTC Will Reach $100K by End of 2024
29.11.2023
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Aerodrome and Velodrome DeFi platforms experience front-end hacks
29.11.2023
The DeFi platforms Velodrome and Aerodrome took to social media to warn users that the front-ends for both platforms were under attack from malicious actors
Legendary Investor and Bitcoin Skeptic Charlie Munger Dies at 99
29.11.2023
Source: X/ @MnkeDaniel The financial world bids farewell to Charlie Munger, the distinguished investor and long-time collaborator of Warren Buffett, who passed away at the age of 99 on November 28. Munger’s demise marks the end of an era, leaving behind a legacy of impactful contributions...
Genesis Reaches Settlement With Parent Company DCG in $620M Lawsuit
29.11.2023
Source: AdobeStock / Timon The beleaguered crypto lender Genesis and its parent company, Digital Currency Group (DCG), have reached a settlement that could end the protracted lawsuit aimed at recovering $620 million in repayments from DCG. DCG Commits to Settling $324.5M in Loans by April According...
Genesis strikes repayment deal with parent firm DCG to end $620M lawsuit
29.11.2023
Digital Currency Group has over $320 million left to repay, according to Genesis, and the deal would see that remaining sum repaid by April next year
Bitcoin Remains On Track for $100K by Year-End 2024: Standard Chartered
28.11.2023
An earlier-than-expected spot bitcoin ETF in the U.S. could be the catalyst, said the bank