Bitcoin Surges to All-Time Highs in Turkey and Nigeria
Massive inflation and sliding purchasing power of national fiat currencies has likely boosted demand for bitcoin.
Financial
Financial
Bitcoin and Ether Options Activity Soars to Historic Highs of $20B Amid ETF Hype
Options worth $4.5 billion are set to expire on Friday, Deribit told CoinDesk.
Financial
Bitcoin Cools Off at $34K, But ‘5th Bull Market’ Has Further to Run, Says Analyst
Dogecoin and PEPE gained 5%-6% on Thursday, fading the action in a mostly lower cryptocurrency market.
Financial
Arbitrum Foundation Says ‘Orbit’ for Layer-3 Networks Now Ready for Mainnet
Orbit is a program for developers to spin up their own layer-3 blockchains atop Arbitrum, which in turn is the largest layer-2 network atop the Ethereum blockchain.
Financial
Billionaire Ken Griffin’s Citadel Securities Denies ‘Ridiculous’ Claim That It Tanked Do Kwon’s Terraform
Citadel said the claims by Terraform was filed to “deflect attention” from its alleged charges.
Financial
FTX Moves Millions Worth of LINK, MATIC, AGLD to Coinbase as Sam Bankman-Fried Testifies
The latest transactions followed $19 million worth of crypto moved from FTX cold wallets to exchanges.
Financial
What Happens to GBTC Discount When FTX Sells its Holdings?
It’s possible the SEC could approve a spot ETF before any sales, taking discount worries off the table.
Financial
Lawmakers Lummis and Hill Urge DOJ Decision on Charging Binance and Tether for Aiding Hamas
The two have been notable advocates for reasonable regulation of crypto.
Financial
Bitcoin Primed for ‘Supply Shock’ as Exchange Balance Drops to 5-Year Low, Analyst Says
A spot ETF approval could fundamentally alter bitcoin’s supply and demand dynamics as professional investors would allocate to BTC as an uncorrelated asset, Forex.com’s Matt Weller told CoinDesk TV.
Financial
U.S. Senate’s Banking Chairman Says Panel to ‘Crack Down’ on Crypto’s Terrorism Ties
Despite two forensics firms saying Hamas support via crypto may have been overstated, Sen. Sherrod Brown suggests the U.S. needs to address terrorist use of crypto.