Stablecoins’ widespread usage and frequent instability could lower the effectiveness of central bank monetary policies, Rhee Chang-yong said. Source
Bank of Korea Governor Sees CBDC Introduction as Case for 'Urgency:' Report
Day: December 15, 2023
Litecoin rising on Bitcoin ETF expectations, Pullix setting up as avenue for retail crypto traders
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Litecoin (LTC) is firm as the crypto community awaits the Securities and Exchange Commission (SEC) to approve the first Bitcoin ETF. While all eyes are on this development, Pullix (PLX), a crypto project, has sold over 2.2 million tokens in stage 2 of its presale. Litecoin price analysis Litecoin has been rallying since the start of December, rising from $69 on Dec.1 to $72 on Dec. 13. At the…
Solana (SOL) Rally Sees FTX’s Holdings Grow to $3.3B, Setting Claims Market on Fire
“The market for claims has gone red hot,” Braziel said via email. “Everything that was off the table is now on the table in terms of issues with claims, such as KYC/ AML being not verified. In the beginning it was super picky; now it’s whatever we can touch that we can figure out, we will do.” Source
Want to work in crypto? University programs can give job seekers a leg up
As talk of the Bitcoin halving, exchange-traded funds and other macro factors seem to point to the beginning of the next bull market cycle for crypto, many might be considering starting a career in this space. It happens to many people involved with Bitcoin (BTC), blockchain or cryptocurrencies. At first, they are “investors” researching and buying assets in a new digital asset class. For some, this turns into a desire to enter the decentralized ledger technology and blockchain industry. Many have decided to find paths to employment and acquire the…
First Mover Americas: Bitcoin Ends the Week in Muted Mood
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Original
Bitcoin may peak this month: analyst forecasts
Crypto analyst Jason Pizzino believes Bitcoin may peak within the next month before seeing a market pullback. Price predictions can be tricky business. Yet according to one analyst a prolonged run-up in overall crypto market sentiment as measured by the Crypto Fear & Greed Index may be one factor suggesting a pullback may be coming soon. According to Jason Pizzino, a crypto analyst on YouTube, the index’s multi-month climb to greed levels represents the longest sustained rise compared to previous market cycles. The analyst also laid out his case for…
Iris Energy to double hash rate in 2024 with $22M Bitmain T21 mining rig order
Renewable Bitcoin (BTC) mining firm Iris Energy is set to increase its total hash rate to 10 exahashes per second (EH/s) in 2024 by acquiring new Bitmain T21 mining rigs. The company announced it had acquired an additional 1.6 EH/s of Bitmain T21 miners, set for delivery in the second quarter of 2024. The company currently has 5.6 EH/s of operational capacity as of December 2023. The newest generation of Chinese manufacturer Bitmain’s mining hardware will also improve the efficiency of Iris’ operations from 29.5 joules per terahash (J/TH) to 24.8…
Solana Phone Sales Soar amidst BONK Frenzy
In response to the overwhelming demand, Solana Mobile announced that the phone will be restricted to one device per household to ensure broader community participation in the Saga experience. The frenzy surrounding Solana‘s crypto phone has reached a fever pitch after struggling to catch investors’ attention since its debut on May 8, 2023. The move comes as memecoin enthusiasts scramble to capitalize on the meteoric rise of a fast-rising memecoin, Bonk (BONK), which has surged an astonishing 1,100% in the past month surpassing the market cap of its major memecoin…
Emerging cryptocurrency may rival Celestia and Avalanche
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Celestia climbs 13% Avalanche gains 51% Rebel Satoshi surges As crypto rallies, analysts expect Celestia (TIA) and Avalanche (AVAX) to extend gains in December. Meanwhile, Rebel Satoshi (RBLZ) is up 30% in three weeks. Celestia surges 13% in a week Celestia, a layer-1 blockchain protocol, has been volatile in the past week. On Dec. 3, TIA was trading at around $8.31 before rising on Dec. 4 following an announcement…
Why BONK Price Exploded 123% Today
The announcement from the crypto exchange Coinbase regarding its decision to list the cryptocurrency has sparked a remarkable 98% surge in the price of BONK over the last 24 hours. This comes on the heels of BONK hitting an all-time high of $0.000029 today, as bullish investors capitalized on strong positive market sentiment and major exchange listings. BONK Inks Solid Numbers The Solana-based meme coin has experienced an impressive 750% increase over the last 30 days, marking a significant milestone in its upward trajectory. BONK explodes 98% in the last…