First Mover Americas: Bitcoin Slips to $42K From Last Week’s Yearly High
The latest price moves in crypto markets in context for Dec. 11, 2023.
Financial
Financial
Cathie Wood’s ARK Invest Sells $49.2M Worth of Coinbase Shares
ARK has been consistently selling Coinbase stock in recent weeks. Friday’s is the largest sale since July, when it sold 480,000 shares worth $50.5 million at the time.
Financial
Goldman Sachs Sees Fed Delivering First Rate Cut in Q3 2024: Reuters
The Fed’s benchmark interest-rate range is currently 5.25% to 5.5%.
Financial
Asset Manager M&G Invests $20M in UK-Based Crypto Platform GFO-X
Küresel Futures & Options Holdings is the UK’s first FCA-regulated and centrally cleared trading venue for cryptocurrency derivatives.
Financial
Bitcoin Wallet Conio, Coinbase Team Up to Bring Crypto to Italian Banks
Conio is also looking at tokenization, and is involved in the Euro Token project overseen by the innovation center of the Bank of Italy.
Financial
Crypto VC C1 With Coinbase Lineage Eyes Acquisition in Australia: Report
Australia has taken a cautious approach to the larger crypto industry ever since the collapse of FTX.
Financial
Bitcoin’s 4% Drop Cools Overheated Funding Rates, Data Show
Funding rates for major tokens, including BTC, have normalized to below 0.1%, indicating an exit of over leveraged bulls.
Financial
BTC, ETH, SOL and Major Altcoins Begin Asia Business Day in Deep Red
Bitcoin and Ether lead in liquidation heatmap with over $335 million in rekt positions in the last 12 hours.
Financial
Pudgy Penguins to Launch Webkinz-like Virtual World in 2024
Pudgy World, an interactive digital world available to Pudgy Penguin NFT holders, will become available in alpha mode sometime next year, according to the company’s CEO.
Financial
Tether Freezes 41 Crypto Wallets Tied to Sanctions
Several of the frozen wallets had been using Tornado Cash over the past six months.