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January 12, 2024

What Other Crypto Firms Could Go Public This Year

After Circle’s SEC filing marking the first step towards a public listing, CoinDesk examined the other firms that might try to go public amid a rebound in crypto markets. High on the list of possibles: Kraken and Ripple.

News
January 12, 2024

BTC Tumbles Below $44K, Bitcoin Miners Drop 10% Boosting ETF ‘Sell the News’ Calls

Bitcoin [BTC] dropped to near $43,000 Friday, a fall of 6% in day-over-day trading, while some bitcoin mining stocks tumbled over 10% extending yesterday’s decline after Thursday’s highly-anticipated spot bitcoin ETF debut.

News
January 12, 2024

Bitwise, Fidelity See Biggest Bitcoin ETF Inflow, Grayscale Loses Only $95M in Early Tally

Data about inflows is still incomplete and market watchers might have to wait until Friday evening for the full picture, Bloomberg analyst Eric Balchunas pointed out.

News
January 12, 2024

Genesis Global Trading Pays $8M to Settle New York Lawsuit

Genesis Global Trading has agreed to pay $8 million and give up its BitLicense to settle anti-money laundering and fraud charges against it, New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris said Friday in a statement.

News
January 12, 2024

Taproot Wizards, Bitcoin Ordinals Project That Raised $7.5M, to Sell ‘Quantum Cats’ Collection

The “NFTs on Bitcoin” project has capitalized on the popularity of the controversial Ordinals protocol, which has generated a flurry of interest in the original blockchain but added to congestion and higher fees.

News
January 12, 2024

COINDESK’S LATEST SPOT BITCOIN ETF APPROVAL COVERAGE

(Cheyenne Ligon/CoinDesk)

News
January 12, 2024

White Supremacists Lean On Crypto, Says Anti-Defamation League Report on Extremists

White supremacist groups in the U.S. have sometimes been funded by crypto, according to a report from the Anti-Defamation League (ADL) that analyzed about $140,000 in transactions connected to 15 extremist groups or individuals last year.

News
January 12, 2024

First Mover Americas: Franklin Templeton’s Bitcoin ETF Becomes the Cheapest

The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

News
January 12, 2024

BlackRock CEO Larry Fink Backs Ether ETF

“I see value in having an Ethereum ETF,” Fink said in an interview with CNBC on Friday.

News
January 12, 2024

Franklin Templeton’s Bitcoin ETF Now the Cheapest After 10 Basis Point Reduction

After initially revealing their fees on Monday, several providers then reduced them spying the impending battle for market share that would ensue once the funds were approved.

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