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The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Blockchain analytics firm TRM Labs has found that crypto service providers in countries with full regulatory regimes had lower rates of illicit activity than those in less regulated jurisdictions in 2023.
Grayscale, which has some $27 billion in assets under management (AUM), said it was adding Jane Street, Virtu, Macquarie Capital and ABN AMRO Clearing as authorized participants (APs).
BlackRock said its fee will start at 0.20%, rising to 0.30%.
ARK Invest has a target of no individual stock surpassing 10% weighting of an ETF’s value. COIN doubled in price in the last three months of 2023, bringing about consistent sales of the crypto exchange’s stock by ARK.
Two influential analysts have tipped odds at over 90% ahead of the Securities and Exchange Commission decision.
The Solana ecosystem boomed in December as bonk tokens started a multiweek run of over 1,000%, grabbing listings on influential exchanges Binance and Coinbase.
(Nikhilesh De/CoinDesk)
Depletion of the Fed’s reverse repo program and expiry of a crucial funding facility for troubled banks may trigger a market crash in March and force the Fed to cut interest rates, Maelstrom CIO Arthur Hayes said.
The U.S. Securities and Exchange Commission (SEC) has been blowing a horn in its various legal clashes with crypto exchanges, asking courts to see how its recent win in the Terraform Labs dispute should convince other judges that the regulator is right about platforms like Coinbase and Binance trading unregistered securities.