Bitcoin Dips as U.S. November Job Growth of 199K Tops Estimates
Anticipating a slowdown in the economy and easier Fed monetary policy, investors have sharply bid down interest rates in the weeks leading up to this morning’s numbers.
First Mover Americas: Binance Withdraws an Abu Dhabi License Application
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Starknet Foundation to Allocate 1.8B STRK Tokens ‘Soon’
Starknet said 900 million STRK are earmarked for the foundation’s Provisions Committee, and 900 million will be dedicated to user rebates.
Bitcoin Halving Is Poised to Unleash Darwinism on Miners
Strong miners might be about to eat the weak ones as the reward for mining BTC gets cut in half, experts say.
Binance Withdraws License Application for Abu Dhabi Investment Fund
Binance determined the application was not necessary “when assessing [its] global needs.” The move is unrelated to the exchange’s legal settlement in the U.S.
Bipartisan Anti-Crypto Terror Financing Bill Heads to U.S. Senate
Legislation will crack down on terrorist organizations like Hamas by applying sanctions to foreign parties that facilitate financial transactions with terrorists.
El Salvador Could Rake in $1B Bitcoin Investment Per Year With New ‘Freedom VISA’
The country’s treasury owns just over 2,700 bitcoin (BTC), which has yielded over $3 million in unrealized profit so far.
LayerZero Confirms Airdrop Plans, Boosting Some Ecosystem Projects
As of Friday, LayerZero has not outright mentioned how it intends to reward users for using its network.
Bitcoin, Ether Options’ Value on Deribit Reaches Record High of $23B
Increased interest in the three-dimensional options market suggests an influx of sophisticated traders in the crypto market.
Matrixport’s $45K End of Year Target for Bitcoin Looks to Be Accurate
2023 has been a five-phased bitcoin rally, Matrixport said in a report.