Regulation
New York Community Bancorp Shares Tumble After Earnings Miss, 71% Dividend Cut
The bank took over defunct Signature Bank’s non crypto-related deposits last year. Source link
Year: 2024
Ethereum
Global X Pulls Out of Spot Bitcoin (BTC) ETF Application
The exit comes three weeks after eleven other issuers listed their ETFs on the market on Jan 11. Asset management giant BlackRock’s iShares Bitcoin Trust (IBIT) is leading the race so far with more than […]
Bitcoin
Tether Reports $6.2B Profit in 2023 as USDT Market Cap Grew to Record High
Through last year, the company booked $6.2 billion in net operating profits, with some $4 billion from interest earned on Treasury holdings. The company has directly benefited from the Federal Reserve’s campaign of raising interest […]
Market Analysis
Cryptos Tumble as Jerome Powell Doesn’t Anticipate Rate Cuts
In a recent statement, Jerome Powell, the Federal Reserve Chairman, conveyed skepticism about the likelihood of interest rate cuts in the upcoming FOMC meeting in March. This announcement sent shockwaves through the financial markets, leading […]
Regulation
Bitcoin Price (BTC) Remains at $43.5K After Hawkish Fed Language
The price of bitcoin (BTC) was little-changed in the minutes following today’s Fed announcement, continuing at about $43,500. Bitcoin has been volatile of late, but is roughly flat over the past several weeks. That time […]
Ethereum
The Protocol: Bitcoin NFT Debacle, Vitalik's 30th, Farcaster Frames, 'Private Mempools'
In this week’s issue of The Protocol newsletter, our Sam Kessler writes about the “private mempools” that Ethereum users are increasingly relying on to avoid front-running MEV bots. PLUS: Margaux Nijkerk explores the growing use […]
Market Analysis
This Indicator Says Bitcoin Will Hit $5 Million After the 2028 Halving
As the 2024 Bitcoin halving approaches, investors speculate about the potential impact on Bitcoin’s price due to increased scarcity. Among several methods to predict Bitcoin’s price, the Bitcoin Stock-to-Flow (S2F) model stands out. Popularized by […]
Regulation
CoinDesk Brings Back ‘Microcosms’ NFT Consensus Ticket
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, […]
Ethereum
How the Launch of Spot ETFs Could Dampen Bitcoin’s Volatility
The approval of a wave of bitcoin exchange-traded funds will lead to a more mature market structure, say Vivek Chauhan and David Lawant, of FalconX. Source link
Bitcoin
GSR Appoints Ex-JPMorgan Executive as Head of Trading
Before the appointment, Koukorinis served as global head of credit and FICC eTrading at JPMorgan, and was responsible for global algorithmic credit trading including systematic market making, algorithmic trading in exchange-traded funds across fixed income, […]