Bitcoin Miner Core Scientific to Emerge From Bankruptcy, Re-List Shares This Month
The bankrupt miner received court approval for its Chapter 11 reorganization plan and plans to re-list shares on Nasdaq end of January.
Crypto Can Be a Coordination Layer for Artificial Intelligence
The mainstreaming of AI means compute power is at a premium. Decentralized Physical Infrastructure Networks (DePINs) can fill a gap, says Shayon Sengupta, at Multicoin Capital.
Coinbase’s SEC Clash Faces First Major Test as Judge Weighs Longshot Dismissal
Coinbase is about to make its case in a federal courtroom that the U.S. Securities and Exchange Commission (SEC) is wrong about its legal arguments that the crypto exchange has been trading unregistered securities. What the New York judge does next could have serious consequences for the wider industry’s clashes with the regulator.
DeFi Fumbled Its Post-FTX Advantage in 2023, but There’s Still Hope for 2024
(Alina Grubnyak/Unsplash)
After the ETF: Bitcoin’s Coming Power Struggle
The approval of Bitcoin ETFs last week sets up a potential fight between Bitcoin Maxis and giant Wall Street institutions, says Michael Casey.
BlackRock Wants to Follow Bitcoin ETF With an Ethereum ETF. Marketing It Might Not Be So Simple
Larry Fink has been talking up a spot ether ETF, but index provider CF Benchmarks sees a conundrum when it comes to selling that product.
Grayscale Moves Another 9K Bitcoin to Exchange in Preparation for Sale
The news sent bitcoin tumbling early Tuesday, but the price quickly recovered.
Chainlink Teams Up With Circle to Allow Cross-Chain Stablecoin Transfers
The integration allows developers to build cross-chain use cases via Chainlink’s CCIP that involve multichain transfers of Circle’s USDC stablecoin.
EU Banking Watchdog Extends Anti-Money Laundering Measures to Cover Crypto Firms
The EU flag (Christian Lue/Unsplash)
First Mover Americas: Binance Traders Led “Sell-The-Fact” Pullback in Bitcoin
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.