Coinbase Falls After JPMorgan Downgrades Stock to Underweight on Disappointing Bitcoin ETF Catalyst
The bitcoin ETF catalyst that pushed the ecosystem out of its crypto winter last year will disappoint investors in 2024, the report said.
First Mover Americas: Bitcoin Slips Below $39K
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto Custody Specialist Taurus Brings Tokenized Securities to Retail Customers in Switzerland
From left to right: Lamine Brahimi, Co-Founder and Managing Partner; Dr. Jean-Philippe Aumasson, Co-Founder and CSO; Oren-Olivier Puder, Co-Founder and Chairman; Sébastien Dessimoz, Co-Founder and Managing Partner (Taurus)
Avalanche Foundation Puts Rules on Plans to Buy Meme Coins
The Avalanche booth at HBC 2022 (Danny Nelson/CoinDesk)
Congresswoman Maxine Waters Questions Meta’s Ongoing Crypto Efforts
A letter sent to the tech giant said it still has five active patents related to cryptocurrencies, despite the firm saying that it has no digital assets-related works ongoing.
Bug That Took Down 8% of Ethereum’s Validators Sparks Worries About Even Bigger Outage
The lion’s share of Ethereum’s validators rely on the same piece of software to power their operations. According to some experts, this could be a big risk.
SEC Shut Off Extra Security on X For About 6 Months, Letting Hacker Breeze In
The U.S. Securities and Exchange Commission (SEC) confirmed that a hacker took over its X account through a “SIM swap” attack that seized control of a cell phone associated with the account. That allowed the outsider to falsely tweet on January 9 that the agency had approved spot bitcoin exchange-traded funds (ETFs), a day before the agency actually did so.
Bitcoin-Based Digital Art Image ‘Genesis Cat’ Sells for $254K in Sotheby’s Auction
The sale of the digital image from the Taproot Wizards project came as popularity surges for the NFT-like creations minted atop the Bitcoin blockchain’s Ordinals protocol. All in, some 19 lots sold by Sotheby’s raked in a combined $1.1 million.
Bitcoin Slides Below $40K, Now Down Nearly 20% From Post-ETF Euphoria
Analysts at 10x Research are eyeing the $38,000 level for a potential bottom.