Regulation
Crypto Stocks Rally Pre-Market as Bitcoin Tops $46K
Bitcoin climbed over $46,000 for the first time in nearly a month early Friday, extending its gain for the week to nearly 10%. Source link
Year: 2024
Regulation
UK’s Planned Stablecoin Rules Need Reworking, Crypto Advocates Say
Crypto industry groups in the U.K. say local regulators’ proposals for supervising stablecoins need reworking. Source link
Bitcoin
Bitcoin Miner Shares Offer Good Entry Point Ahead of Halving Event: Bernstein
The cryptocurrency has performed well before the halving and is likely to sustain momentum for the rest of the year, leading to new highs in 2024, the report said. Source link
Market Analysis
Bitcoin’s surge to $46.5k catapults Stacks and Bitbot higher
Stacks (STX) price rose more than 20% to hit highs of $1.87 as Bitcoin hit $46.5k. Bitbot presale surpassed $480k and was eyeing the $500k milestone. Here’s what Bitcoin’s big move suggests for Bitbot, the […]
Market Analysis
Block Earner Defeat Marks ASIC’s Regulatory Gain
The Australian Securities and Investments Commission (ASIC) has scored a significant legal victory in the crypto sector. The court found that the Sydney-based start-up Block Earner had been offering unlicensed financial products to retail investors. […]
Ethereum
DeFi Platform Pendle Nears $1B in Total Value Locked
Liquid restaking token finance (LRTFi) is a new DeFi field that allows for the liquidity of staked assets through the issuance of liquid restaking tokens (LRTs), enabling users to earn rewards while their original assets […]
Bitcoin
$700M in Bitcoin Options Expire: Weekend Market Analysis
Friday is the expiration day of many Bitcoin options, and open interest is currently at around $700 million. Crypto markets have been moving higher during the week, but are they about to rally even higher […]
Market Analysis
Hong Kong Regulators Propose New OTC Crypto Law
Hong Kong regulators intend to broaden the scope of crypto trading activities subject to stringent licensing requirements and rigorous testing procedures. The proposed legislation aims to restrict the range of assets available to customers on […]
Ethereum
Bitcoin (BTC) Price Hovers Over $46K as Year of ‘Long’ Begins, Easing ETF Selloff
“Bitcoin rose above its 50-day moving average late Wednesday, confirming the bullish medium-term trend and easing fears of a deeper correction,” said Alex Kuptsikevich, FxPro senior market analyst, in an email to CoinDesk. “On a […]
Bitcoin
Bitcoin Breaches $46,000, Eyes $50K As Bullish Sentiment Returns
For the first time since the spot ETFs’ debut trade on January 11, Bitcoin (BTC) has surpassed $46,000. According to data from Coingecko, BTC had increased 3.4% in the previous day to $46,075 at the […]