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.
Bitcoin
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.
Ether, Solana Hit 19-Month Highs as Bitcoin Rally Halts with Traders Fearing ‘Bull Trap’
BitMex founder Arthur Hayes speculated about SOL hitting near $100 in a bullish weekend for altcoins.
Sam Altman-Backed Meanwhile Group Starts Bitcoin Private Credit Fund for Institutional Investors
The fund, offered by the startup’s investment management arm, Meanwhile Advisors, aims to attract institutional investors with a 5% yield.
Craig Wright’s Tulip Trading Must Prove Ownership of Bitcoin in Hacking Case, English Court Rules
The hearing, scheduled to take 15 days, will also seek to determine whether the hack occurred.
Bitcoin’s Next Move Might be Decided by Friday’s Jobs Report
A recent dovish shift in the outlook for monetary policy has played a sizable role in big gains for both crypto and traditional markets.
Bitcoin Project Babylon Raises $18M to Bolster Development of Staking Protocol
The fundraise was led by Polychain Capital and Hack VC and included contributions from Framework Ventures, Polygon Ventures, Castle Island Ventures and OKX Ventures.
First Mover Americas: Crypto on the Agenda at Republican Presidential Debate
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Here’s Why Bitcoin’s Famed Bull-Market Pullbacks Have Been Elusive During the Recent Price Surge
The bull market has been clearly spot-driven, with all major derivatives data relatively flat, one observer said, adding the rally has limited downside.