SEC Chair Gary Gensler on Crypto: ‘It’s Unlikely This Stuff Is Gonna Be a Currency’
NEW YORK — U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said he thinks it’s unlikely that bitcoin (BTC) or other cryptocurrencies will...
Bitcoin Dips Below $61K, Ether Slips 3% as Some PlusToken China Ponzi-Related Coins Moved to Exchanges
Cryptocurrencies continued to show weakness on Wednesday with bitcoin (BTC) dipping below $61,000, in stark contrast with U.S. stocks, which climbed to new records....
The DPRK’s Deep Roots in Crypto
Last week, CoinDesk’s Sam Kessler reported that developers and IT workers employed by the Democratic People’s Republic of Korea – i.e. North Korea –...
Bitcoin Trapped Between 50 and 200-Day Averages as Bond Market Volatility Spikes, China Stocks Slide
BTC trades listless in a price range defined by key averages. The spike in Treasury market volatility, represented by the MOVE index, can lead...
Crypto Majors BTC, ETH, XRP Little Changed as HBO Calls Peter Todd the Bitcoin Creator
The crypto market shrugged off HBO’s ‘big reveal’ and BTC remains unchanged after Peter Todd was named as Satoshi. China’s post-holiday rally has come...
Record Stablecoin Liquidity, Spike in BTC Transactions Could Fuel Bitcoin Price Surge
Stablecoin market capitalization has steadily reached $169 billion led by USDT and USDC, with the increase preceding price movements in past cycles. Historical data...
Cathie Wood’s ARK Invest Buys $2.2M of Coinbase Shares
Cathie Wood’s investment manager ARK bought nearly $2.2 million worth of Coinbase shares on Tuesday. ARKF contains around $67 million worth of COIN stock,...
Whale Alert: $1M BTC Trade Bets on Volatility Expansion Outside $53K-$87K Range
A large long BTC straddle crossed the tape on Deribit, betting on a volatility explosion by the end of November. To be profitable, the...
First Mover Americas: Crypto Market Muted After HBO Satoshi Reveal Falls Flat
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in...