First Mover: Bitcoin Struggles Near $67,000 as Cryptos Lag Behind Stocks
The latest price moves in bitcoin (BTC) and crypto markets in context for June 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the…
Category: CoinDesk
Nigeria Drops Tax Charges Against Binance Executives: Family Spokesperson
A money-laundering trial is still scheduled, with Binance executives Tigran Gambaryan and Nadeem Anjarwalla remaining on that case.A money-laundering trial is still scheduled, with Binance…
Bitcoin Traders See Short-Term Bearish Target at $60K as Miners Pare Holdings
Persistent testing of the lows sets the bears up for quick success with their next target at $60,000, one trader said.Persistent testing of the lows…
More Central Banks Are Exploring a CBDC, BIS Survey Finds
There’s a greater chance of a wholesale CBDC being issued within six years than a retail one, according to the report.There’s a greater chance of…
Taiwan Crypto Advocacy Body Becomes Formally Active With 24 Entities
Taiwan’s crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.Taiwan’s crypto…
Here’s Why Bitcoin’s Not Keeping Pace With Nasdaq
Bitcoin has declined 6% in one week even as Nasdaq rallies to fresh record highs.Bitcoin has declined 6% in one week even as Nasdaq rallies…
Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy
The broker initiated coverage of the stock with an outperform rating and a $2,890 price target.The broker initiated coverage of the stock with an outperform…
Bitcoin ETFs See $226M Outflows Led by Fidelity’s FBTC
BlackRock’s IBIT was the only ETF posting a net inflow on Thursday, while most of the funds recorded outflows.BlackRock’s IBIT was the only ETF posting…
Former Goldman Sachs Exec Joins Anchorage Digital’s Board of Directors
Crypto custody firm Anchorage Digital has added Connie Shoemaker, a former Goldman Sachs executive, to its board of directors.Crypto custody firm Anchorage Digital has added…
U.S. Judge Signs Off on $4.5B Terraform-Do Kwon Settlement With SEC
The settlement bans Kwon and Terraform Labs from buying and selling crypto asset securities while agreeing to pay $4.5 billion in disgorgement, prejudgement interest, and…