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MoonPay boosts self-custodial crypto spending with new solution
MoonPay Balance will support deposits and withdrawals in euros and British pounds, with future plans to expand to the US. Cryptocurrency infrastructure firm MoonPay is moving to improve self-custodial spending by introducing a new payment solution allowing users to hold and spend fiat balances.On Nov. 13, MoonPay officially introduced MoonPay Balance, a new payment tool…
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Trump win sets path to $100K Bitcoin price — Copper head of research
Pro-crypto regulation under the incoming Trump administration could push Bitcoin toward $100,000 by early 2025 as institutions accelerate adoption. The recent United States presidential election, which resulted in a decisive win for former president Donald Trump, could pave the way for Bitcoin to reach $100,000, fueled by supportive pro-crypto regulations.Fadi Aboualfa, head of research at…
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U.S. CPI Meets Estimates, Rising 0.2% in October; Bitcoin Moves Above $89K
Bitcoin fell to $85,000, as CPI data came in hotter month-over-month as odds of a Fed pause increase at next policy meeting in December.
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US inflation stable coming in at expected 2.6%, Bitcoin breaks over $88,000 again
The US Bureau of Labor Statistics released October’s Consumer Price Index data today. The annual inflation rate increased to 2.6% from the previous 2.4%, aligning with forecasts. Month-over-month, the inflation rate remained steady at 0.2%, matching both prior figures and expectations. The Core Inflation Rate, excluding food and energy prices, remained at 3.3% year over…
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Creators’ IP rights must be protected in the age of AI — Tracverse founder
Traverse founder Amos Thomas believes stories are the foundation of everything, and that humanity must do everything in its power to protect them. Human stories and knowledge are the lifeblood of civilization and must protected at all costs in the age of artificial intelligence, according to Tracverse founder Amos Thomas.Since their mainstream debut roughly two…
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First Mover Americas: Bitcoin Consolidates After Encountering Resistance at $90K
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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South Korean police arrest YouTuber, 11 others in $231M crypto fraud case
South Korean police have arrested 12 suspects, including a prominent YouTuber, in connection with a $231 million crypto fraud that affected more than 15,000 investors, local media outlet Yna reported. The report stated that this arrest is part of an extensive investigation, initially leading to the apprehension of 215 individuals, with 12 ultimately detained for…
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SEC approves Coincheck as first Japanese crypto exchange on Nasdaq
Coincheck is set to make history as the first Japanese crypto exchange to list on Nasdaq, following SEC approval. Coincheck, a cryptocurrency exchange headquartered in Tokyo and a subsidiary of Monex Group, is expected to become the first to debut on the Nasdaq Global Market as early as Dec. 10.On Nov. 13, the United States…
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Ether ETFs in the Black for the First Time After 5 Days of Inflows
Following their listing, ether ETFs did not enjoy the same response as their bitcoin equivalents had done in January.
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Cardano Foundation held $478M in assets in 2023: Report
Of the funds, 82.5% were held in ADA tokens, 10.1% in Bitcoin, and the rest were in US dollars. The Cardano Foundation, a nonprofit organization advancing the Cardano ecosystem, reported assets totaling approximately $478 million in 2023.On Nov. 13, the Cardano Foundation published its 2023 Financial Insights Report, which aims to provide transparency on how…
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