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- Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says
The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the report said.
- RWA Tokenization Firm Securitize Raises $47M Led by Fund Partner BlackRock
BlackRock and Securitize last month teamed up to create the BlackRock USD Institutional Digital Liquidity Fund, which may prove to be geared toward RWA tokenization.
- As CZ Gets His Sentence, Michael Lewis Should Rewatch 'Star Wars'
He likened FTX's Sam Bankman-Fried to Luke Skywalker and Binance's Changpeng Zhao to Darth Vader. Federal judges saw it differently.
- Blockchain Sleuth Elliptic Explores AI and Anti-Money Laundering Using 200M Bitcoin Transactions
Patterns of illicit activity involving groups of bitcoin nodes and chains of transactions are described in a research paper by Elliptic and MIT-IBM Watson AI Lab.
- First Mover Americas: Bitcoin Sinks Below $58K in Run-Up to Fed Decision
The latest price moves in bitcoin (BTC) and crypto markets in context for May 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
- Restaking 'Gold Rush' Spreads to Solana From Ethereum, With Jito and Others Joining In
Restaking has taken hold of the Ethereum ecosystem. With Jito and a handful of other companies building for Solana, can the trend spread?
- Crypto Was One of the Biggest Money Laundering Risks in 2022-2023: UK Govt. Report
Between 2022 and 2023 Crypto alongside retail banking, wholesale banking and wealth management posed the greatest risk of being exploited for money laundering, a report by the U.K. Treasury department showed.
- Bitcoin Trades Around $57K, Crypto Market Drops 6% in Run-Up to Fed Decision
BTC is down nearly 9% in the last 24 hours having dropped below the $60,000 support level late on Tuesday.
- How Changpeng Zhao's 'Good Guy' Reputation Secured a 4-Month Prison Sentence
Judge Richard Jones said he spent the weekend pouring over the voluminous letters of support for the ex-CEO of Binance until the book they were contained in literally fell apart.
- House's McHenry Accuses SEC Chief Gensler of Misleading Congress on Ethereum
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House Financial Services Committee, who said Gensler's agency already knew it considered Ethereum's ether a security before he attended a hearing and declined to answer that question.
- Elliptic’s AI-driven research helps fight Bitcoin money laundering
Elliptic leverages AI and shares data to advance detection of crypto money laundering, uncovering proceeds of crime and new behaviors like use of nested services The post Elliptic’s AI-driven research helps fight Bitcoin money laundering appeared first on Crypto Briefing.
- Bitcoin’s correction might extend to $50,000: Standard Chartered
Standard Chartered analyst suggests Bitcoin may correct to $50,000; but he maintains a positive long-term outlook, targeting $150,000 by year-end. The post Bitcoin’s correction might extend to $50,000: Standard Chartered appeared first on Crypto Briefing.
- Agora Raises $5M for solve ‘chaotic’ protocol governance
Crypto governance platform Agora has raised $5M in seed funding to build open-source tools for organizing decentralized protocol voting systems. The post Agora Raises $5M for solve ‘chaotic’ protocol governance appeared first on Crypto Briefing.
- Tether reports record $4.52 billion Q1 profit
Tether Holdings Limited reports a Q1 net profit of $4.52 billion and a net equity of $11.37 billion, highlighting its financial growth and stability. The post Tether reports record $4.52 billion Q1 profit appeared first on Crypto Briefing.
- BlackRock’s BUIDL overtakes Franklin Templeton’s FOBXX in tokenized fund race
BlackRock's BUIDL fund becomes the largest tokenized equity fund with $375M AUM, surpassing Franklin Templeton's FOBXX. The post BlackRock’s BUIDL overtakes Franklin Templeton’s FOBXX in tokenized fund race appeared first on Crypto Briefing.
- Bitcoin momentarily drops below $57K hours ahead of Fed interest rate decision
Bitcoin has dropped 7% to $57K and Ethereum is down 6% to $2.9K ahead of the FOMC meeting to decide on interest rates. The post Bitcoin momentarily drops below $57K hours ahead of Fed interest rate decision appeared first on Crypto Briefing.
- Chinese authorities arrest suspect in StarkNet airdrop identity scam
Chinese police arrested a suspect who stole 40,000 StarkNet airdrop tokens by submitting false identity claims before converting the ill-gotten STRK to over $91,000 in USDT. The post Chinese authorities arrest suspect in StarkNet airdrop identity scam appeared first on Crypto Briefing.
- Celsius Network burns 94% of CEL token supply after bankruptcy exit
Celsius Network has burned 94% of its CEL token supply, eliminating 652M tokens through a transaction from its own wallet. The post Celsius Network burns 94% of CEL token supply after bankruptcy exit appeared first on Crypto Briefing.
- Bitcoin price wobbles ahead of Fed’s rate decision
Bitcoin fell below $60,000 amid expectations of a hawkish Fed. The post Bitcoin price wobbles ahead of Fed’s rate decision appeared first on Crypto Briefing.
- Pre-token platforms give early market access but still lack liquidity: Keyrock
Pre-token trading platforms like AEVO, Hyperliquid, and Whales Market provide early access to markets but still have deficiencies. The post Pre-token platforms give early market access but still lack liquidity: Keyrock appeared first on Crypto Briefing.
- WATCH: MicroStrategy Hosts Bitcoin For Corporations Conference
MicroStrategy hosts its Bitcoin for Corporations conference today, featuring leaders discussing how firms can adopt BTC as a treasury asset like MicroStrategy's pioneering strategy.
- OP_CAT: The Purr-fect Solution for Covenants?
A thorough breakdown of OP_CAT, and what it enables, by Kiara Bickers from Blockstream.
- Bitwise First To Join New Spot Bitcoin ETF Transparency Dashboard By Hoseki
Hoseki invites other Bitcoin ETF issuers to join Bitwise in providing transparency to the public.
- Bitcoin Price Could Fall to $50,000: Standard Chartered
Standard Chartered sees Bitcoin falling to $50,000 near-term amid outflows and tight liquidity, but maintains a bullish long-term outlook with a $150,000 target for 2024.
- DOJ Arrests Early Bitcoin Investor Roger Ver, 'Bitcoin Jesus,' on Charges of Tax Fraud
Ver is alleged to have caused a loss to the IRS of at least $48 million, said the DOJ.
- The Weekly Re-Org: War Of Attrition
In the land of the blind, the DOJ is king
- Coinbase Integrates Bitcoin Lightning for 100 Million Users
Coinbase adopts Bitcoin's Lightning Network, enabling fast, cheap BTC transactions for its 100M+ users in partnership with Lightspark.
- Bitcoin and Biodiversity in the Cannabis Industry
A look at how Bitcoin and it's historical trends in appreciating in value can indirectly help protect biodiversity in the cannabis industry, and potentially one day the agriculture industry in general.
- Nasdaq-Listed Coal Miner Adds 425 BTC To Balance Sheet
Alliance Resource Partners (ARLP) announced that it’s mining bitcoin and holding 425 BTC on its balance sheet.
- $1 Million Bitcoin Alpha Competition for Bitcoin 2024
Bitcoin Magazine Pro and Samara Alpha Management are teaming up again for The Bitcoin Alpha Competition. Samara Alpha will award the winner $1 million in seed capital to run a bitcoin hedge fund.