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Bitcoin Could Surge to $160K on Halving, Spot ETF Hype in 2024, But Risks Remain

“We argue that bitcoin and crypto markets could have a positive year in 2024 mostly amid the effects from: 1. The market valuation cycle, 2. Network activity, 3. The bitcoin halving, 4. The macroeconomic perspective, 5. Bitcoin spot ETF approval and 6. Growing stablecoin liquidity,” analysts at CryptoQuant said. Source link

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Crypto’s Wild Meme coin World Sees Trader Make $2M From $450 on COQ Token

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BlackRock, Nasdaq, SEC Met Regarding Bitcoin ETF

This is the second meeting in a month between the parties about rule changes required to list the bitcoin ETF. Source link

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Coinbase (COIN), Fidelity, Pantera, a16z Cryptocurrency Outlooks

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, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of…

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UK Finance Ministry to Discuss Crypto Banking Woes With Lawmakers

“The U.K., London in particular, has become the global crypto hub, but to make sure that the market really can take off in the way that was intended in a responsible way, we need to regulate it, which is why we’ve introduced regulations for stablecoins, for promotion of crypto services,” Hunt replied. Source link

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42 Different Countries Discussed or Passed Crypto Regulations, Legislation in 2023: PwC

While the report identified several key areas of consideration for promoting cryptocurrency adoption, some issues proved more popular than others. According to the report, only 23 countries, including Japan, the Bahamas and several EU states, engaged in initiatives across all the focus areas. Meanwhile, Ugandan, Indian and Brazilian lawmakers and regulators focused on just one…

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S&P’s Stablecoin Report Is a Vote of Confidence for Crypto

That said, of the eight stablecoins S&P reviewed, several received lackluster scores. Most notably Tether’s USDT, the largest stablecoin by market cap and most used crypto asset in terms of trading volume, was given the fourth-lowest score in range from 1 to 5. Meanwhile MakerDAO’s dai (DAI), popular across decentralized finance (DeFi), and the Justin…

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Crashed Stablecoin Iron Bank Euro (ibEUR) Lacks Fast Repeg Path

The minor alternative stablecoin, which has an issuance of $3.7 million, dropped from its normal price of $0.97 to as low as $0.39 Monday after a shakeup in ibEUR’s main trading pool left the asset’s markets imbalanced. At press time ibEUR had recovered to $0.72 after risk-prone traders piled in, hoping for a path back…

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Access Protocol Airdrops $250 in ACS Token to Saga Phones After BONK Buying Spree

Ownership of the all-important Saga genesis NFT – the proverbial ticket for receiving these airdrops – suggest that less than 3,500 of the 20,000 Saga phones in existence have come fully online yet. In other words, many Saga owners haven’t set up their wallets yet, meaning they can’t receive – or sell – any airdrops….

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