Stanislav Andreyev, a senior lawyer with SBSB Fintech Lawyers, and Bing Wang, a legal advisor at basedVC, spoke to crypto.news about how Roger Ver’s case might shape the regulatory landscape for cryptocurrencies. Roger Ver, an early investor in Bitcoin and often hailed as so-called “Bitcoin Jesus,” was recently charged with mail fraud, tax evasion, and filing false tax returns by the US Department of Justice. His arrest in Spain has sent shockwaves through the cryptocurrency community and has raised questions about the future of regulatory measures for digital currencies, particularly…
Day: May 15, 2024
Bitcoin Price (BTC) Gains More Than 1% After Soft Inflation Data
The consistent slide in inflation in 2023 had most, including the U.S. Federal Reserve, coming into 2024 expecting appreciably easier monetary policy throughout the year. Instead, inflation has actual risen a bit thus far this year. Along with an economy that continues to grow, it’s put the kibosh on the thought of any imminent central bank rate cuts. Coming into Wednesday’s CPI report, the odds of a summer rate cut by the Fed were low and traders had priced in just a 50% chance of move in September, according to…
Hyperion Decimus' Newest Fund to Leverage CoinDesk Indices' Bitcoin and Ether Trend Indicators
Aimed at institutional investors, the systematic-based fund will seek to profit off uptrends in crypto markets while sidestepping the downtrends. Original
GameStop (GME) Rally Boosts Pepe; Bitcoin (BTC) Price Holds Steady
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Bitcoin can still hit $75k in consolidation phase, Galaxy’s Novogratz says
Galaxy Digital CEO Michael Novogratz thinks the crypto market has stuck in a “consolidation phase,” blocking it from growing higher. Bitcoin is unlikely to experience any bull run in the foreseeable future as the whole crypto market has been stuck in the “consolidation phase” this quarter, according to Galaxy Digital‘s boss Michael Novogratz. During a conference call after the New York-headquartered firm released its financial results for Q1, Novogratz said Bitcoin is unlikely to surpass the $75,000 mark until the current phase is solved, saying the market might still remain…
Bitcoin ($BTC) Approaches $63K Ahead of U.S. CPI Data
Bitcoin made some cautious gains on Wednesday ahead of the latest inflation data from the U.S. BTC is priced at $62,775 at the time of writing, up 1.8% in 24 hours. The wider digital market, as measured by the CoinDesk 20 Index (CD20), also ticked up, adding 0.55%. April’s U.S. Consumer Price Index (CPI) inflation data is due at 08:30 ET, with expectations that it will show a 3.4% year-on-year increase, slower than March’s 3.5%. Some analysts expect a softer-than-expected CPI reading could lift bitcoin above $65,000. Original
Crypto Analyst Shares Top AI Altcoin Investments This Month
In an analysis of the current landscape at the nexus of artificial intelligence and altcoins, crypto analyst Prithvir (@Prithvir12) recently shared insights via X that highlight both the opportunities and pitfalls in the AI coin market this month. His analysis covers upcoming AI catalysts, their impact on specific tokens, and personal investment recommendations, shedding light on the nuanced strategies required in this volatile segment. In-Depth Look At The AI Crypto Market Prithvir underlines a series of significant events in the AI space that are anticipated to directly impact the crypto…
Galaxy Digital Has Strong Momentum Across All Business Lines: Canaccord
CryptoX – Cryptocurrency Analysis and News Portal The approval of spot bitcoin ETFs was a catalyst for the increase in counterparty engagement in the first quarter as more traditional asset managers and hedge funds entered the industry, the report said. Source The post Galaxy Digital Has Strong Momentum Across All Business Lines: Canaccord appeared first on CryptoX. CryptoX Portal
USDC Issuer Circle Files to Shift Legal Base to U.S. From Ireland Ahead of Planned IPO: Bloomberg
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Bitcoin (BTC) Price Near $62.8K as Bulls Chew Through ‘Taker Selling’
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…